This paper analyzes the theoretical underpinnings of producers’ willingness to pay (WTP) for novel inputs. In addition to conceptualizing the WTP function for producers, we derive its comparative statics and demonstrate the use of these properties to estimate input quantities demanded, outputs supplied, and price elasticities. We also discuss implications of the comparative statics results for the specification of empirical producer WTP models and survey design.

本文分析了生产者对新投入的支付意愿的理论基础。除了对生产者的WTP函数进行概念化，我们推导了它的比较静态，并演示了如何使用这些特性来估计需求的投入量、供应的产出和价格弹性。我们还讨论了比较静力学结果对规范经验生产者WTP模型和调查设计的影响。