Agricultural Investment Using Dynamic Models
(Sprache: Englisch)
The purpose of this book is to develop an appropriate model for analyzing the effects of decoupling payments, non-government income, and wealth on agricultural investment. The conceptual framework informing the research is an improved Dynamic ex-ante Input...
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The purpose of this book is to develop an appropriate model for analyzing the effects of decoupling payments, non-government income, and wealth on agricultural investment. The conceptual framework informing the research is an improved Dynamic ex-ante Input Demand (DEID) model that was built on the basis of the cost of adjustment theory. In the DEID model, a general investment framework is presented where quasi-fixed inputs adjust to a new optimal position at a constant rate when input prices change under production uncertainty. The DEID model introduced in this book considers the effects of production uncertainty in dynamic investment models using the ex-ante cost and ex-ante supply functions. This book includes a review of duality theory, the cost minimization approach, static and dynamic models, adjustment cost hypothesis, ex-ante and ex-post cost functions, as well as definitions and implementation of decoupling payments. An improved theoretical dynamic model and econometric specification of DEID is presented.
Autoren-Porträt von Gholamreza Chabokrow
Chabokrow, GholamrezaGholamreza Chabokrow received his PhD thesis in Agricultural Economics from the University of Saskatchewan, Canada. His research interests include production economics, agricultural investment and economic development. As a teacher he has taught microeconomics, macroeconomics, principles of economics, economics of development, natural resources economics, math and statistics.
Bibliographische Angaben
- Autor: Gholamreza Chabokrow
- 2020, 156 Seiten, Maße: 22 cm, Kartoniert (TB), Englisch
- Verlag: LAP Lambert Academic Publishing
- ISBN-10: 6203192902
- ISBN-13: 9786203192902
Sprache:
Englisch
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