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Block-Recursiveness of the Household Production Model Under Risk

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  • Fabella, Raul V.

Abstract

This article has been presented at the Workshop on Methods for Agricultural Policy Analysis held at the UP Los Baños on August 13-14, 1985. It considers block-recursiveness in a simple household model under different market regimes. Analysis shows conservatism of farm households with respect to input use when homemade insurance through input use is devised.

Suggested Citation

  • Fabella, Raul V., 1986. "Block-Recursiveness of the Household Production Model Under Risk," Philippine Journal of Development JPD 1986 Vol. XIII Nos. 1, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:pjdevt:jpd_1986_vol__xiii_nos__1&2-h
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    File URL: https://www.pids.gov.ph/publication/philippine-journal-of-development/block-recursiveness-of-the-household-production-model-under-risk
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    Keywords

    agriculture sector; econometric modeling;

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