Production Economics: An Empirical Approach - Moss, Charles Britt (Univ Of Florida, Usa) - Libros - World Scientific Publishing Co Pte Ltd - 9789811238864 - 30 de marzo de 2022
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Production Economics: An Empirical Approach

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Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function - estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential problem is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer's choice.


500 pages

Medios de comunicación Libros     Hardcover Book   (Libro con lomo y cubierta duros)
Publicado 30 de marzo de 2022
ISBN13 9789811238864
Editores World Scientific Publishing Co Pte Ltd
Páginas 576
Dimensiones 236 × 160 × 39 mm   ·   970 g
Lengua Inglés  

Mas por Moss, Charles Britt (Univ Of Florida, Usa)

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