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Author Le, Kien T.
Source CiteSeerX
Content type Text
File Format PDF
Subject Domain (in DDC) Computer science, information & general works ♦ Data processing & computer science
Subject Keyword Structural Break Test ♦ New Use ♦ Farmer Heterogeneity ♦ Separation Hypothesis ♦ Time-series Data ♦ John Mclaren ♦ John Pepper ♦ Many Innovative Test ♦ Market Imperfection ♦ Time-series Econometrics ♦ Agricultural Household ♦ Time Dimension ♦ Sanjay Jain ♦ Correct Model ♦ Production Decision ♦ Search Dimension ♦ Household Decision ♦ Helpful Advice ♦ Cross-section Data
Abstract Agricultural households respond differently to market imperfections: production decisions are not separated from preferences or utility. Therefore, in order to correctly model household decisions it is important to test for this separation. Many innovative tests have been developed in the literature but most of them assume no heterogeneity across the farmers (i.e. all farmers are assumed to behave in the same way) and so these tests identify only one model for every farmer in the sample. By using a structural break test from time-series econometrics and by developing a search dimension in cross-section data that can act like a time dimension in time-series data, the test in this paper can allow for heterogeneity across the farmers. Thus, it is able to identify the correct model for each farmer in the sample. * I would like to thank John McLaren, John Pepper and Sanjay Jain for their helpful advice and comment. All remaining errors are my own. 2
Educational Role Student ♦ Teacher
Age Range above 22 year
Educational Use Research
Education Level UG and PG ♦ Career/Technical Study
Learning Resource Type Article