IDEAS home Printed from https://ideas.repec.org/a/ags/uersja/140093.html
   My bibliography  Save this article

Endogenous Switching Systems: Issues, Options, and Application to the U.S. Dairy Sector

Author

Listed:
  • Cornick, Jorge
  • Cox, Thomas L.

Abstract

This research explores the theoretical and applied issues associated with endogenous switching systems where market prices are bounded by policy instruments such as price supports Options for estimation of model parameters and their associated standard errors are identifdied and explored Application to the US dairy sector illustrates the research tradeoffs between conceptual rigor and empirical tracrability that characterize these models Results suggest that failure to explicitly address the endgenous switching context compromises the estimation results

Suggested Citation

  • Cornick, Jorge & Cox, Thomas L., 4. "Endogenous Switching Systems: Issues, Options, and Application to the U.S. Dairy Sector," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, issue 4.
  • Handle: RePEc:ags:uersja:140093
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/140093
    Download Restriction: no

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uersja:140093. 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: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/ersgvus.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.