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Supply functions, elasticity estimates, and nonjointness test results consistently indicated that few commodities compete economically in the production of six major Texas vegetables (cabbage, cantaloupes, carrots, onions, potatoes, and watermelons). Significant bias effects caused by...
Persistent link: https://www.econbiz.de/10005320593
The curvature properties of the indirect utility function imply a set of refutable implications in the form of comparative static results and symmetric relations for the competitive firm operating under uncertainty. These hypotheses, first derived and empirically tested under output price...
Persistent link: https://www.econbiz.de/10009442922
The curvature properties of the indirect utility function imply a set of refutable implications in the form of comparative static results and symmetric relations for the competitive firm operating under uncertainty. These hypotheses, first derived and empirically tested under output price...
Persistent link: https://www.econbiz.de/10009444879
Persistent link: https://www.econbiz.de/10005500251
Persistent link: https://www.econbiz.de/10005513235
The impact of an ad valorem pesticide tax on cropping patterns and pesticide use was examined in the South Central Texas Crop Reporting District. Output supply equations were econometrically estimated and used in the simulation. A 25 percent tax on pesticide was estimated to have major impacts...
Persistent link: https://www.econbiz.de/10005513895
In a seeming paradox, bluegrass seed production in the State of Washington increased following imposition of a statewide ban on stubble burning in 1996. Despite forecasts that alternative production practices would increase the cost of producing bluegrass seed so much that the industry would be...
Persistent link: https://www.econbiz.de/10005522337
Some implications of theory are easily maintained in econometric estimation, but computational costs of maintaining curvature properties (sufficient for existence of an optimal solution) have often proved prohibitive. They also have been violated frequently by unrestricted econometric estimates....
Persistent link: https://www.econbiz.de/10005522756
Aggregate dual models are specified to examine multiple-output production relationships in each of four major, geographically dispersed, agricultural states (California, Iowa, Texas, and Florida). Three locally-flexible functional forms (translog, generalized Leontief, and normalized quadratic)...
Persistent link: https://www.econbiz.de/10005525485
The curvature properties of the indirect utility function imply a set of refutable implications in the form of comparative static results and symmetric relations for the competitive firm operating under uncertainty. These hypotheses, first derived and empirically tested under output price...
Persistent link: https://www.econbiz.de/10005477018