Damage control productivity: Why econometrics matters

Alain Carpentier, Robert D. Weaver

Research output: Contribution to journalArticle

42 Scopus citations

Abstract

For nonexperimental data, asymmetric specifications of the role of damage control inputs impose restrictions of homotheticity or nonjointness on the underlying technology. A generalized symmetric form where damage control inputs affect factor diminution functions motivates use of symmetric specifications. Panel data and estimation methods are presented to produce robust estimates of damage control productivity that are free of heterogeneity bias. Estimates of the productivity of pesticides for French cereal farm production illustrate that fixed firm and time effects are important. Estimates indicate substantially smaller marginal productivity of pesticides than reported by past studies.

Original languageEnglish (US)
Pages (from-to)47-61
Number of pages15
JournalAmerican Journal of Agricultural Economics
Volume79
Issue number1
DOIs
StatePublished - Feb 1997

All Science Journal Classification (ASJC) codes

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics and Econometrics

Fingerprint Dive into the research topics of 'Damage control productivity: Why econometrics matters'. Together they form a unique fingerprint.

  • Cite this