Building a Dynamic Equilibrium Model for Grain Market in China

被引：0
|
作者：
Sun He [1 ]
Zhang Haixiang [1 ]
机构：
[1] Yunnan Agr Univ, Sch Econ & Management, Yunnan 650201, Peoples R China
来源：
AGRICULTURAL REFORMATION AND RURAL PROGRESSING | 2010年
关键词：
Chinese grain market; Dynamic equilibrium; Simultaneous model; Full information likelihood estimator (FIML);
D O I：
暂无
中图分类号：
S2 [农业工程];
学科分类号：
0828 ;
摘要：
In practices, it is very difficult to build a market equilibrium model since the same price variable appears in both functions of demand and supply while its effects on the two quantities of demand and supply are opposite. This paper has gained a dynamic equilibrium model of grain market in China fitted to the expectation of micro-economics theory, with the full information likelihood estimator. With the model, the market operation and the effects of the main variables can be analyzed in quantity and predictions can be made in details.
引用
收藏
页码：438 / 440
页数：3
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