{"product_id":"agricultural-investment-using-dynamic-models-von-gholamreza-chabokrow","title":"Agricultural Investment Using Dynamic Models","description":"\u003cp\u003eThe purpose of this book is to develop an appropriate model for analyzing the effects of decoupling payments, non-government income, and wealth on agricultural investment. The conceptual framework informing the research is an improved Dynamic ex-ante Input Demand (DEID) model that was built on the basis of the cost of adjustment theory. In the DEID model, a general investment framework is presented where quasi-fixed inputs adjust to a new optimal position at a constant rate when input prices change under production uncertainty. The DEID model introduced in this book considers the effects of production uncertainty in dynamic investment models using the ex-ante cost and ex-ante supply functions. This book includes a review of duality theory, the cost minimization approach, static and dynamic models, adjustment cost hypothesis, ex-ante and ex-post cost functions, as well as definitions and implementation of decoupling payments. An improved theoretical dynamic model and econometric specification of DEID is presented.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9786203192902\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9786203192902","offer_id":39466235428957,"sku":"9786203192902","price":61.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/9d5b5966-95b1-475c-8866-0bdb3f31c61b.jpg?v=1775711365","url":"https:\/\/shop.autorenwelt.de\/en\/products\/agricultural-investment-using-dynamic-models-von-gholamreza-chabokrow","provider":"Autorenwelt Shop","version":"1.0","type":"link"}