We develop an empirical farmland allocation model based on explicit profit functions that is linked to a market demand model. The model accounts for corner solutions, enabling estimation with disaggregated data, and thereby allows treating prices as exogenous. The integrated model enables...

In the paper, Structural Vector Autoregressive models (SVAR) are used to identify fundamental and speculative shocks, in the UK electricity market. The structural shocks are identified via short run restrictions, which are imposed on the matrix of instantaneous effects. In the research, two main...

The accelerated growth of the service sector is one of the characteristics of the actual pattern of global growth. In Brazil, it is possible to point to a move towards a 'service economy' following the global standard. However, it cannot say that Brazil is regionally services intensive, ie, the...

We develop a new and less burdensome methodology called the high-and-low choice method to elicit and analyse ambiguity in public risk perception. We apply this method to the cancer mortality risk due to low-dose radiation exposure around the Fukushima Daiichi nuclear power plant, a real...

The accelerated growth of the service sector is one of the characteristics of the actual pattern of global growth. In Brazil, it is possible to point to a move towards a 'service economy' following the global standard. However, it cannot say that Brazil is regionally services intensive, ie, the...