Welfare analysis and bootstrapping

This paper examines the effects of the entry and the 1992 CAP reform on maize producers' welfare and on economic efficiency. This welfare analysis used a bootstrap resampling technique that provided standard errors and confidence intervals for the estimates. These empirical analysis has shown that the price-policy induced changes in farmers' economic welfare were significant at commonly used levels of statistical significance.

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Year of publication:	2003
Authors:	Katranidis, Stelios ; Kordas, Gregory ; Velentzas, Kostas
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 10.2003, 6, p. 335-338
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005629026