Estimating supply response of the CAPRI crop sector CAPRI
Estimating supply response of the CAPRI crop sector CAPRI
Estimating supply response of the CAPRI crop sector CAPRI
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>CAPRI</strong><br />
Digression on yield endogeneity<br />
<strong>CAPRI</strong><br />
• Yields are currently fixed (per technology)<br />
• Nonlinearities in <strong>crop</strong> production are due to PMP only<br />
• If input use and yield were endogenous, non-linearity<br />
could be “lifted out <strong>of</strong>” <strong>the</strong> PMP-terms and “explained”<br />
• Model results could be richer: intensity<br />
• Pre-test 1: endogenous input use<br />
• Pre-test 2: yield-acreage dependence<br />
6<br />
DYNASPAT final meeting, Brussels, February 27, 2007