John Johnston. Vicens-Vives, – Econometria – pages J. Johnston,J. Dinardo No preview available – QR code for Métodos de econometría. Econometría Johnston DiNardo – – Econometric Methods (17 mb). Autor: Johnston Dinardo; Visibilidad: Todo Internet; Vista Previa. Results 1 – 7 of 7 Métodos de econometría by J. Johnston and a great selection of related books, art and collectibles available now at
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The result is shown in Figure 1. The result is shown in Figure 1. The residue resulting from this estimation showed a Jarque-Bera statistic of 1. Before the estimation was done, the variables were characterized from the statistical point of view and the hypothesis of normality of the same was assessed by means of the Jarque-Bera statistics Pindyck and Rubinfeld, The definition of the variables observed for the period was: An indirect way of estimating the coefficients of function 1 is by the estimation of the costs function obtained from the Cobb-Douglas technology, more specifically, by means of the marginal costs function, since this is expressed in terms of the price of the factors and the level of the production.
Comunidad del Centro Economía Aplicada
The technology of the industrial sector of pork meat production, by hypothesis, can be structured according to the Cobb-Douglas technology Varian,that is: The technology of the industrial sector of pork meat production, by hypothesis, can be structured according to the Cobb-Douglas technology Varian,that is: These results suggest that dinadro utilization of the factors in the dinaddo is found in the rational steps, according to the theory of production, that is, the concave zone of the production function, where the benefit of the enterprise is positive.
The product-scale elasticity was estimated as 1. On the choice of functional forms in the measurement of scale and scope economies: In this sense, it can be johnstom that the cost reduction associated to the behavior of the corn prices, has been a circumstance contributing to the processing industry to present economies of scale.
Therefore, the presence of economies of scale in the technological process of a company of the industry generates the conditions for that company to have cost advantages as regards its competition, and eventually consolidate itself as a dominant or leader company in the market. Thus, we see that the total cost function, issuing from a Cobb-Douglas technology, can be expressed as: Given the above results, the industry presents economies of scale, since the variation of the costs as regards production is estimated as 0.
This allows identifying the presence of trend, intercept and constant variance.
The pork meat offer has also been concentrated in a dominant company, revealing important cost advantages for it Vargas and Foster, ; Vargas et al. This is the fundament to set out the following assumptions.
Estimación de Economías de Escala en la Industria de la Carne de Cerdo en Chile
Se concluye que esta industria presenta condiciones para incrementar su ventaja en costos y expandir su competitividad en los mercados internacionales. In this research the estimated model is based in a time series, is of aggregate character and takes into account the fact that the industry is highly concentrated. The result is shown in Table 2. The effects of U. Industria de la carne de cerdo.
Estadística y Machine Learning con R
On the other hand, Coffey and Featherstone employ non-parametric techniques to estimate scale economies with crossed section data, fundamentally because it is not necessary to restrict the technology employed to a specific functional form.
Econometgia the estimation was done, the variables were characterized from the statistical point of view and the hypothesis of normality of the same was assessed by means of the Jarque-Bera statistics Pindyck and Rubinfeld, Thus, we see that the total cost function, issuing from a Cobb-Douglas technology, can be expressed as:.
If it is positive, the technology shows yields on a decreasing scale, and if it is statistically equal to zero, this suggests a constant scale of yield. The definition of the variables observed for the period was: If a company shows yields in a growing scale of its technology and the perfect information conditions are not present, this company can increase its participation in the market and in this way modify the structure of it, as is argued by Dinaddo and Amir Analyzing algebraically according to expression 2 in individual terms, the product-labor elasticity resulted as 0.
Estadística y Machine Learning con R
Maximization of benefits in imperfect competition. Real interest rate placements 1 to 3 years, yearly average. This investigation had the objective to verify the presence dijardo economies of scale in this industry. If a company shows yields in a growing scale of its technology and the perfect information conditions are not present, this company can increase its participation in the market and in this way modify the structure of it, as is argued by Panzar and Amir The AR 1 factor allows the introduction into the model of the systematic part which links the residues in t and t-1, generating a new residual term which complies with the assumptions of the classic model.
The model is of econoometria equilibrium and the main dr assumptions are the following: