ECONOMETRIC APPLICATION OF THE THEORY OF THE FARM-HOUSEHOLD

被引:65
作者
BARNUM, HN [1 ]
SQUIRE, L [1 ]
机构
[1] WORLD BANK, WASHINGTON, DC 20433 USA
关键词
D O I
10.1016/0304-3878(79)90037-3
中图分类号
F [经济];
学科分类号
02 ;
摘要
Employing a Cobb-Douglas specification for the production function and a modified linear expenditure system, the paper presents an econometric model of household production, consumption and labor supply behaviour for a semi-commercial farm with a competitive labor market. The model, estimated from primary, cross-sectional, Malaysian data, is used to analyse the impact of migration, output price intervention and technological change on the agricultural sector. In doing so, the wage-rate is treated as an endogenous variable to be determined by the interaction of aggregate labor demand and supply curves obtained from the estimated micro functions. © 1979.
引用
收藏
页码:79 / 102
页数:24
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