Substituutiojouston estimointi : simulointihavaintoja oletusten vaikutuksista tuloksiin

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RESEARCH PRODUCT

Substituutiojouston estimointi : simulointihavaintoja oletusten vaikutuksista tuloksiin

subject

substituutiojousto simulointi estimointi

description

Tässä työssä tutkitaan substituutiojouston estimointia. Substituutiojousto on tunnuslu-ku, joka kuvaa tuotantopanoksen korvaamisen helppoutta jollakin toisella tuotanto-panoksella. Substituutiojousto voidaan estimoida jonkin tuotantofunktion parametrien avulla. Tässä työssä tarkastellaan lähemmin CES- ja Translog-tuotantofunktioita. Substituutiojousto on määritelty alun perin kahden tuotantopanoksen tuotantofunk-tioille. Määritelmä voidaan kuitenkin yleistää usean tuotantopanoksen tuotantofunkti-oille. Esimerkkejä substituutiojouston yleistyksistä usean tuotantopanoksen tilanteessa ovat Allen-substituutiojousto, Morishima-substituutiojousto ja varjosubstituutiojousto. Sekä substituutiojouston että sen yleistysten estimointi vaatii useita taustaoletuksia. Tässä työssä hahmotellaan erästä oletuskehikkoa, jossa yritysten tuotantofunktiot ovat CES-muotoisia. Oletuksia tarkastellaan myös esittämällä simulointiesimerkkejä, joissa oletukset eivät toteudu kaikilta osin. Simuloinnin avulla on mahdollista tarkastella, millä tavalla oletusten vapauttaminen vaikuttaa estimoinnin onnistumiseen.

year	journal	country	edition	language
2016-01-01

http://urn.fi/URN:NBN:fi:jyu-201603231934

PEPhysical Sciences and Engineering
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