In 1944, Marschak and Andrews published a seminal paper on how to obtain consistent estimates of a production … with the first-order necessary conditions for profit-maximizing behavior. In the seventies, with the advent of econometric …-versus-dual debate with a provocative paper titled “"Production Function Estimation: Reviving the Primal."” In that paper, the author …

In 1944, Marschak and Andrews published a seminal paper on how to obtain consistent estimates of a production … with the first-order necessary conditions for profit-maximizing behavior. In the seventies, with the advent of econometric …-versus-dual debate with a provocative paper titled “Production Function Estimation: Reviving the Primal.” In that paper, the author …

A test of the adding up condition in demand systems is crucial for determining whether a share format is admissible … the estimation of a demand system in a quantity format. The share specification of any demand system is like a straight …, QUAIDS and EASI. The hypothesis is rejected in all three cases with a high level of confidence. …

number of commodity choices available to consumers. In this case, the demand system is incomplete. The large majority of … papers that appeared in the literature specifies and estimates a demand system in share format even when the system may be …-up condition. This test, however, requires the estimation of a demand system in quantity format. …

likelihood function, given the sample information. This is the primal approach that, in this paper, is presented as a … equal to the vector of residuals scaled by the variance of those residuals. The novel contribution of this paper consists in …

about them in the form of previously estimated parameters for an entire region or sector. The framework is applied to a …

sensitive to variations in the support bounds of either the parameters or the error terms. In this paper, we scrutinized this … claim by means of Monte Carlo experiments and found that the parameter estimates are impacted in a substantial way by these … changes. We also analyzed the famous data sample on the US manufacturing industry used by Cobb and Douglas in 1934 and found …

policy in term of agricultural supply responses including output market price variations. The novel procedure by which the …