Estimation of a US dairy sector model by maximum simulated likelihood

被引：10

作者：

Arias, C

Cox, TL

机构：

[1] Univ Leon, Dept Econ, E-24071 Leon, Spain

[2] Univ Wisconsin, Dept Agr & Appl Econ, Madison, WI 53706 USA

来源：

APPLIED ECONOMICS | 2001年 / 33卷 / 09期

关键词：

D O I：

10.1080/00036840010005797

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper estimates a multivariate Tobit system of monthly wholesale dairy prices where four prices are lower censored by the dairy price support programme. Using Maximum Simulated Likelihood (MSL) the effects of simulation noise are tested/ corrected for and the relevance of estimating multivariate versus the single Tobit equations discussed.

引用

页码：1201 / 1211

页数：11

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