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This paper considers the problem of model averaging for regression models that can be nonlinear in their parameters and variables. We consider a nonlinear model averaging (NMA) framework and propose a weight-choosing criterion, the nonlinear information criterion (NIC). We show that up to a...
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Agri-food supply chains (AFSCs) are essential for addressing global food security and promoting the United Nation's Sustainable Development Goal of reducing hunger. These chains stand out because they deal with perishable goods that have limited shelf life and are subjected to erratic...
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This paper reviews the current literature on Chinese agricultural growth in the past three decades, and finds that fertilizers, price reforms, human capital growth, and demographic changes are the main factors for the continuous growth of agricultural outputs and farmer income. The costs for the...
Persistent link: https://www.econbiz.de/10010944994
Starting from a representative welfare function, this paper developed a simple method to endogenously specify the weights for the Human Development Index (HDI), and finds that the current equal-weighted HDI significantly biases down the weight of life expectancy. The weights proposed by this...
Persistent link: https://www.econbiz.de/10010357677
This paper uses a payment card approach to reveal consumers' willingness to pay for green food in China. We first present a brief introduction of the payment card approach and introduce several methods to estimate the WTP with payment cards, which we subsequently use to estimate WTP values...
Persistent link: https://www.econbiz.de/10009317497
In this thesis, so far insufficiently considered characteristics of long-run equilibriums in food markets are investigated. For this purpose, multivariate time series methodologies, which were developed for the estimation of long-run relationships by allowing for causality and convergence, are...
Persistent link: https://www.econbiz.de/10010223230