Price Endogenous Mathematical Programming As a Tool for Sector Analysis Academic Article uri icon


  • The question, "Why use a mathematical programming model at the sectoral level?" is addressed. To address this question, discussion is presented mathematically and verbally upon mathematical programming sector models in which both price and quantity are endogenous variables. The discussion covers both the theoretical properties and the empirical concerns which must be faced in applying such models. Discussion is also presented upon the usefulness of the modeling approach for policy analysis. Selected bibliograpic citations' use of the approach in policy analysis are given.

published proceedings

  • American Journal of Agricultural Economics

altmetric score

  • 6

author list (cited authors)

  • McCarl, B. A., & Spreen, T. H.

citation count

  • 155

complete list of authors

  • McCarl, Bruce A||Spreen, Thomas H

publication date

  • February 1980