Dynamic Factor Demands Using Intertemporal Duality

Intertemporal duality can be used for empirical research to derive a system of optimal choice functions (dynamic factor demands and output supplies) consistent with an explicity dynamic optimization framework While the literature on intertemporal duality focuses on infinite-horizon autonomous problems, many applied problems cannot be analyzed within this framework This article uses intertemporal duality to specify a system of optimal choice functions for a broader and less restrictive set of intertemporal planning problems


Issue Date:
1988
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/137664
Published in:
Journal of Agricultural Economics Research, Volume 41, Number 1
Total Pages:
6




 Record created 2017-04-01, last modified 2017-08-26

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)