What Can Acreage Allocations Say about Crop Supply Elasticities? A Convex Programming Approach to Supply Response Disaggregation

作者: Cloé Garnache , Pierre R. Mérel

DOI: 10.1111/1477-9552.12074

关键词: Convex optimizationProgramming paradigmCalibration (statistics)Identification (information)EconomicsPrice elasticity of supplyMultiple constraintsMicroeconomicsEconometrics

摘要: This article has two goals. The first is to extend previous results regarding calibration of land-constrained programming models agricultural supply against elasticities the general case multiple constraints. second goal demonstrate how resulting conditions can be used as a source identification disaggregate crop down level at which static information on acreage allocations available. We propose an information-based disaggregation algorithm systematically generate regionalised from single prior, and provide empirical illustration.

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