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Estimating Input Use and Production Costs From Farm Survey Panel Data

Hallam, David, Bailey, Alastair, Jones, Philip, Errington, Andrew (1999) Estimating Input Use and Production Costs From Farm Survey Panel Data. Journal of Agricultural Economics, 50 (3). pp. 440-449. ISSN 0021-857X. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:8242)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.

Abstract

Econometric estimation of enterprise input use and production costs offers a less expensive alternative to special surveys. Estimates of input allocation are of use within programming models, for policy analysis and income forecasting. However, simple ordinary least squares estimation has been plagued by a number of problems and the results have been disappointing. This paper provides some empirical evidence on the extent to which these problems can be overcome, or at least mitigated, through exploitation of panel data sets and appropriate panel data estimation techniques. The results confirm that this approach provides some improvement in estimation results, but some practical and methodological problems remain.

Item Type: Article
Subjects: S Agriculture
Divisions: Divisions > Kent Business School - Division > Kent Business School (do not use)
Divisions > Division of Human and Social Sciences > School of Economics
Depositing User: Alastair Bailey
Date Deposited: 14 Jun 2009 10:46 UTC
Last Modified: 16 Nov 2021 09:46 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/8242 (The current URI for this page, for reference purposes)

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