Merel, Pierre R.; Simon, Leo K.; Yi, Fujin - Agricultural and Applied Economics Association - AAEA - 2010
The use of prior information on supply elasticities to calibrate programming models of agricultural supply has been advocated repeatedly in the recent literature (Heckelei and Britz 2005). Yet, Mérel and Bucaram (2009) have shown that the dual goal of calibrating such models to a reference...