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Aggregation and Calibration of Agricultural Sector Models Through Crop Mix Restrictions and Marginal Profit Adjustments

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Author Info
Wiborg, Torben
McCarl, Bruce A.
Rasmussen, Svend
Schneider, Uwe A.

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Abstract

All agricultural sector models must deal with aggregation and calibration somehow. The aggregation problem involves treating a group of producers as if they all responded in the same way as a single representative unit. The calibration problem concerns making a model reproduce as closely as possible an empirically observed set of decision maker actions. This paper shows how both calibration and aggregation are addressed through crop mix restrictions combined with marginal profit adjust-ments.

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Publisher Info
Paper provided by European Association of Agricultural Economists in its series 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark with number 24567.

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Date of creation: 2005
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Handle: RePEc:ags:eaae05:24567

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Related research
Keywords: mathematical programming; aggregation; calibration; crop mix; marginal cost; agricultural sector model; Agribusiness; C6; C61; Q1; Q11; Q17; Q18; R12; R13; R14;

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This page was last updated on 2009-11-26.


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