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003 | arcduce | ||
005 | 20200708224334.0 | ||
008 | 090506s1998 at_||||| |||| 00| 0 eng d | ||
020 | _a1-86446-160-8 | ||
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_aarcduce _carcduce |
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082 | 0 | _a338.51 | |
100 | 1 |
_aPrentice, David _94120 |
|
245 | 1 | 2 |
_aA micro-economic model of a short run cost function with unobserved heterogeneity / _cDavid Prentice. |
260 |
_aBundoora, Vic. : _bLa Trobe University. School of Business. _c1998 |
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300 |
_a33 p. : _bil. |
||
490 | 0 |
_aDiscussion paper ; _vno. A 98.01 _x1441-3213 |
|
504 | _aIncluye bibliografĂa. | ||
520 | 3 | _aUnobserved plant level heterogeneity and discrete production processes can produce problems for estimation. A structural model of discrete production decisions by heterogeneous plants is constructed and, as a case study, estimated for the U.S. Portland cement industry. A new estimator is proposed to handle the discrete production process – for which the ordered probit is a special case. Data on firm survival and exit are used to adjust all input requirement coefficients for unobserved heterogeneity. The structural model is successfully estimated. Differences between many estimated coefficients and independent estimates from external sources are statistically insignificant. | |
650 | 4 |
_aMICROECONOMIA _974 |
|
650 | _aFUNCION DE COSTOS | ||
650 | _aFUNCIONES DE LA PRODUCCION | ||
650 | _aINDUSTRIA DEL CEMENTO | ||
650 | _aMODELOS ECONOMETRICOS | ||
653 | 4 | _aANALISIS MICROECONOMICO | |
653 | _aTEORIA DE LOS COSTOS | ||
942 |
_cDOCU _jF 338.51 P 18410 _2ddc |