A Nested Test for Common Yield Distributions with Applications to U.S. Corn
We propose the use of maximum-entropy techniques to nest and test the functional form of commonly used yield densities. We demonstrate how common parametric yield models can be nested within a maximum-entropy framework and subsequently tested for using standard hypothesis tests. We include an empiri...
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| Format: | Article |
| Language: | English |
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Western Agricultural Economics Association
2013-04-01
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| Series: | Journal of Agricultural and Resource Economics |
| Subjects: | |
| Online Access: | https://ageconsearch.umn.edu/record/148246 |