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Western Journal of Agricultural Economics >
Volume 09, Number 02, December 1984 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/32129
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| Title: | A CRITIQUE OF THE CONSTANT ELASTICITY OF TRANSFORMATION (CET) LINEAR SUPPLY SYSTEM |
| Authors: | Shumway, C. Richard
Powell, Alan A. |
| Issue Date: | 1984-12 |
| Abstract: | An elusive restriction maintained in earlier CET supply models with three or more products is shown to result in a potentially serious misspecification. Its impact on empirical estimates is found to be substantial, and an alternative formulation is presented which overcomes the problem while still maintaining the CET hypothesis. |
| URI: | http://purl.umn.edu/32129 |
| Institution/Association: | Western Journal of Agricultural Economics>Volume 09, Number 02, December 1984 |
| Total Pages: | 8 |
| Language: | English |
| From Page: | 314 |
| To Page: | 321 |
| Collections: | Volume 09, Number 02, December 1984
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| 09020314.pdf | 445Kb | PDF | View/Open |
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