This study asks the question, what is the relationship between traditional models of market power and structural auction models? An encompassing model is derived that considers both price markdowns due to bid shading during an auction and price markdowns at the industry-level due to imperfect...

Sensor-based precision fertilizer technologies are being developed and researched by production scientists. One such technology uses normalized difference vegetation index (NDVI) reflectance measurements of growing winter wheat plants and a nitrogen fertilizer optimization algorithm (NFOA) to...

The Opequon watershed is located in northern Virginia (VA) and the eastern panhandle of West Virginia (WV). In both states, Opequon Creek is classified as impaired based on violations of bacteria, benthic and biologic standards. Both VA and WV are using Total Maximum Daily Load (TMDL) plans to...

This paper explores the economics of input decision by a firm facing production uncertainty. It relies on a state-contingent approach to production uncertainty. First, the paper develops a methodology to specify and estimate cost-minimizing input decisions under a state-contingent technology....

The economic viability of alternative and more sustainable agriculture farming systems depend on the value of farm profits. These values may be estimated through short or long-run of profit maximization, but there is a difference in these methods. In short-run profit maximization the...

This study answers how profitability changes from a lender and borrower perspective. Using the FBFM data for periods from 1995 to 2004, we find that the variables that explain the profitability of a lender and borrower differ. Further, doing the regression according to categories, gives us...

Paper replaced with revised version 06/03/08

This study evaluates the effectiveness of supplementary food program that was aimed to help the children to maintain their health when facing the 1997/98 economic crisis in Indonesia. To do so we apply difference-in-difference method for two different kinds of sample: unmatched and matched one....

The gap in total factor productivity (TFP) growth in sawmill and wood preservation industry widened between the US and Canada over the period 1958 to 2003. Stages of the softwood lumber dispute had different effects on TFP growth. The strong housing market in the US increases imports of Canadian...