000011992 001__ 11992
000011992 005__ 20170823182150.0
000011992 037__ $$a1570-2016-133657
000011992 041__ $$aen
000011992 245__ $$aAN ATEMPORAL MICROECONOMIC THEORY AND AN EMPIRICAL TEST OF PRICE-INDUCED TECHNICAL PROGRESS
000011992 260__ $$c2004
000011992 269__ $$a2004
000011992 270__ $$mparis@primal.ucdavis.edu$$pParis,   Quirino
000011992 300__ $$a32
000011992 336__ $$aWorking or Discussion Paper
000011992 446__ $$aEnglish
000011992 490__ $$aWorking Paper 04-009
000011992 520__ $$aAn exhaustive comparative statics analysis of a general price taking cost-minimizing model of the firm operating under the influence of price-induced technical progress is carried out from a dual vista. The resulting refutable implications are observable and thus amenable to empirical verification, and take on the form of a symmetric and negative semidefinite matrix. Using data from individual cotton gins in California’s San Joaquin Valley, we empirically test the complete set of implications of the price-induced technical progress theory using both classical and Bayesian statistical procedures. We find that the data are fully consistent with the atemporal, costminimizing, price-induced microeconomic theory of technical progress.
000011992 650__ $$aResearch and Development/Tech Change/Emerging Technologies
000011992 700__ $$aCaputo, Michael R.
000011992 700__ $$aParis, Quirino
000011992 8564_ $$s152583$$uhttp://ageconsearch.umn.edu/record/11992/files/wp040009.pdf
000011992 887__ $$ahttp://purl.umn.edu/11992
000011992 909CO $$ooai:ageconsearch.umn.edu:11992$$qGLOBAL_SET
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wp040009.pdf: 152583 bytes, checksum: 325be587400abdb1ff59bc67c2dcc43e (MD5)
  Previous issue date: 2004
000011992 982__ $$gUniversity of California, Davis>Department of Agricultural and Resource Economics>Working Papers
000011992 980__ $$a1570