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http://hdl.handle.net/1942/7976
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DC Field | Value | Language |
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dc.contributor.author | PEETERS, Ludo | - |
dc.contributor.author | Surry, Yves | - |
dc.date.accessioned | 2008-03-13T11:30:43Z | - |
dc.date.available | 2008-03-13T11:30:43Z | - |
dc.date.issued | 2007 | - |
dc.identifier.citation | Transportation Research Record. p. 1-34 | - |
dc.identifier.issn | 0361-1981 | - |
dc.identifier.uri | http://hdl.handle.net/1942/7976 | - |
dc.description.abstract | Standard farm-accounting information is typically restricted to aggregate input expenditures, without revealing the allocation of these expenditures to the various farm enterprises. Given the diversified enterprise base of most farm businesses, a proper assessment of each enterprise's contribution to overall farm performance is severely obscured. This paper presents a new approach for estimating the unobserved input-output or (preferably) cost-allocation coefficients for multi-product farms. Specifically, a model with (non-randomly) varying coefficients is developed, which also allows for a more realistic appraisal of the "real-world" diversity of farm operations. The coefficients of the model are estimated using the Generalized Cross-Entropy (GCE) method. The GCE method proves to be an effective way to obtain unique estimates of farm-specific cost-allocation coefficients and to overcome the many practical problems usually encountered in earlier empirical works. The proposed GCE estimator is applied to a set of 2000-2001 accounting data for a small sample of beef-dairy farms located in Brittany, France. | - |
dc.language.iso | en | - |
dc.subject.other | cost allocation, farm heterogeneity, varying coefficients, generalized cross entropy, aggregate data, small samples | - |
dc.title | Generalized Cross-Entropy Estimation of a Varying-coefficients Model of Cost Allocation in Multi-Product Farming | - |
dc.type | Journal Contribution | - |
dc.identifier.epage | 34 | - |
dc.identifier.spage | 1 | - |
local.bibliographicCitation.jcat | A1 | - |
local.type.refereed | Refereed | - |
local.type.specified | Article | - |
dc.bibliographicCitation.oldjcat | A1 | - |
local.identifier.vabb | c:vabb:85634 | - |
item.fullcitation | PEETERS, Ludo & Surry, Yves (2007) Generalized Cross-Entropy Estimation of a Varying-coefficients Model of Cost Allocation in Multi-Product Farming. In: Transportation Research Record. p. 1-34. | - |
item.fulltext | With Fulltext | - |
item.accessRights | Open Access | - |
item.contributor | PEETERS, Ludo | - |
item.contributor | Surry, Yves | - |
item.validation | vabb 2011 | - |
crisitem.journal.issn | 0361-1981 | - |
crisitem.journal.eissn | 2169-4052 | - |
Appears in Collections: | Research publications |
Files in This Item:
File | Description | Size | Format | |
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ERAE paper GME-RCM.pdf | 341.87 kB | Adobe PDF | View/Open |
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