Advanced Search
MyIDEAS: Login

Testing among functional forms: an extension of the Generalized Box-Cox formulation

Contents:

Author Info

  • Alfons Oude Lansink
  • Geert Thijssen
Registered author(s):

    Abstract

    This paper uses the Generalized Box - Cox framework and Double Length artificial Regression to test whether different specifications of the profit function are able to mimic the technology underlying panel data of Dutch arable farms for the period 1970 - 1988. To this end, a linear GBC is developed that includes the Generalized Leontief, Normalized Quadratic and Symmetric Normalized Quadratic as special cases. A Lagrange multiplier test that avoids estimation of the linear GBC is used to test (subsets of) functional forms against (simplifications of) the linear GBC. Functional form results are also evaluated in terms of regularity conditions, parameter significance and reasonability of elasticities. On this data set, the NQ outperforms the other forms on most criteria.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.tandfonline.com/doi/abs/10.1080/000368498325174
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Applied Economics.

    Volume (Year): 30 (1998)
    Issue (Month): 8 ()
    Pages: 1001-1010

    as in new window
    Handle: RePEc:taf:applec:v:30:y:1998:i:8:p:1001-1010

    Contact details of provider:
    Web page: http://www.tandfonline.com/RAEC20

    Order Information:
    Web: http://www.tandfonline.com/pricing/journal/RAEC20

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Leonardo Costa, 2008. "DATA CONFESSION in the PORTUGUESE EDM REGION," Working Papers de Economia (Economics Working Papers) 092008, Faculdade de Economia e Gestão, Universidade Católica Portuguesa (Porto).
    2. Magnus, Jan & Peresetsky, Anatoly, 2010. "The price of Moscow apartments," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 17(1), pages 89-105.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:30:y:1998:i:8:p:1001-1010. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.