Testing for Efficiency: A Policy Analysis with Probability Distributions
نویسندگان
چکیده
The study evaluates the efficiency of government intervention using a vertical structured model including imperfectly competitive agricultural input markets, the bread grain market, and the imperfectly competitive food industry. To test for policy efficiency the actually observed bread grain policy is compared to a hypothetical efficient policy. To account for the sensitivity of the results in regard to the model parameter values computer-intensive simulation procedures and surface response functions are utilized.
منابع مشابه
Testing a Point Null Hypothesis against One-Sided for Non Regular and Exponential Families: The Reconcilability Condition to P-values and Posterior Probability
In this paper, the reconcilability between the P-value and the posterior probability in testing a point null hypothesis against the one-sided hypothesis is considered. Two essential families, non regular and exponential family of distributions, are studied. It was shown in a non regular family of distributions; in some cases, it is possible to find a prior distribution function under which P-va...
متن کاملFlood Flow Frequency Model Selection Using L-moment Method in Arid and Semi Arid Regions of Iran
Statistical frequency analysis is the most common procedure for the analysis of flood data at a gauged location thatin first step it is needed to select a model to represent the population. Among them, the central moment has been themost common and widely used, and with the using of computers, the application of the maximum likelihood hasincreased. This research was carried out in order to reco...
متن کاملProbability Distribution Fitting to Maternal Mortality in Nigeria.
The consequences of Maternal Mortality (MM) cannot be overemphasized. It inhibits population growth resulting into loss of lives among others. This work tends to obtain the maternal mortality rates (MMR) in Nigeria, identify some fitted distributions to MMR and determine which of the distributions best fits the data. A comprehensive Exploratory Data Analysis (EDA) was carried on MM and the MMRs...
متن کاملSPREAD DATA ANALYSIS OF ALUMINUM OXIDE SPLATS REINFORCED WITH CARBON NANOTUBES
Coating of a surface by droplet spreading plays an important role in many novas industrial processes, such as plasma spray coating, ink jet printing, nano safeguard coatings and nano self-assembling. Data analysis of nano and micro droplet spreading can be widely used to predict and optimize coating processes. In this article, we want to select the most appropriate statistical distribution for ...
متن کاملAn economic-risk analysis of alternative rotations by stochastic simulation in Fars province
ABSTRACT - Cultivation of legumes in crop rotations results in atmosphere nitrogen fixation. After harvesting, part of this external nitrogen remains in soil and is used by subsequent crops. This implies that producers would gain from lowering the amount of nitrogen fertilizer in their fields. In this study, stochastic simulation is used to generate probability distributions of net present valu...
متن کامل