On the identification problem in testing the dynamic specification of factor-demand equations

被引：7
|
作者：
Urga, G
机构：
[1] Centre for Economic Forecasting, London Business School, London NW1 4SA, Sussex Place
来源：
ECONOMICS LETTERS | 1996年 / 52卷 / 03期
基金：
英国经济与社会研究理事会;
关键词：
dynamic cost function;
D O I：
10.1016/S0165-1765(96)00867-1
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper we show that the joint estimation of an 'effective' (short-run) cost function and a set of factor-demand equations solves the parameter identification problem within the set of the singular demand system originally noted, for consumption analysis, by Anderson and Blundell (Econometrica, 1982, 1559-1571), and recently addressed, for the producer case, by Allen and Urga (Discussion Paper 10-95, 1995, Centre for Economic Forecasting, London Business School). We conclude that for the producer case the identification problem is solved.
引用
收藏
页码：205 / 210
页数：6
相关论文
共 50 条
12345