Correlated Non Classical Measurement Errors Second Best Policy Inference and the Inverse Size Productivity Relationship in Agriculture is popular PDF and ePub book, written by Abay, Kibrom A. in 2018-02-17, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Correlated Non Classical Measurement Errors Second Best Policy Inference and the Inverse Size Productivity Relationship in Agriculture can be Read Online from any device for your convenience.
Correlated Non Classical Measurement Errors Second Best Policy Inference and the Inverse Size Productivity Relationship in Agriculture Book PDF Summary
We show analytically and empirically that non-classical measurement errors in the two key variables in a hypothesized relationship can bias the estimated relationship between them in any direction. Furthermore, if these measurement errors are correlated, correcting for either one alone can aggravate bias in the parameter estimate of interest relative to ignoring mismeasurement in both variables, a ‘second best’ result with implications for a broad class of economic phenomena of policy interest. We illustrate these results empirically by demonstrating the implications of mismeasured agricultural output and plot size for the long-debated (inverse) relationship between size and productivity.
Detail Book of Correlated Non Classical Measurement Errors Second Best Policy Inference and the Inverse Size Productivity Relationship in Agriculture PDF
- Author : Abay, Kibrom A.
- Release : 17 February 2018
- Publisher : Intl Food Policy Res Inst
- ISBN : 978186723xxxx
- Genre : Political Science
- Total Page : 56 pages
- Language : English
- PDF File Size : 17,9 Mb
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