China's 10-year old wheat futures market, the China Zhengzhou Commodity Exchange (CZCE) has been in stable development since establishment and is expected to be integrated to the world market after China joined WTO. This paper compares the price behavior of CZCE with that of the Chicago Board of...

This research examines the effect of a government sponsored technology transfer program for small holder farms in Chile. The effect of family participation in the technology transfer program is evaluated with respect to a number of 'outcomes' including its effect on farm revenues, total family...

In this paper the effect of manure production rights on investment decisions of Dutch pig farmers is examined. A dynamic optimization model of investment that explicitly takes zero investments into account is augmented by a constraint on production arising from the introduction of manure...

Replaced with revised version of paper 08/06/10.

It has long been recognized that cigarette and alcohol not only have adverse health effects, but also negative externalities imposed on third parties. If cigarette and alcohol are related in consumption, the information on the way in which they are related may allow a better coordination of the...

We examine the affect of retail and manufacturer coupons on the nutritional quality of breakfast cereal purchases made by households. Using household level purchase data we find that coupon usage has a significant impact on the nutritional quality of cereals purchased by households....

Weather can play a significant role in a producer’s decision making process. However, the literature is void of research estimating the impact of weather patterns on days suitable for field work. The probability of having enough days available to do field work drives the machinery investment...

We develop a dynamic factor model for panel data with a short time dimension (i.e. n15). Unlike most of the work in the DFM literature where one common factor is estimated for a group of cross sectional units, our interest lies in the estimation of a latent variable for each cross sectional unit...

This poster presents a random parameter multicrop production choice models and its parameter estimates with a panel data set of 111 French crop producers from 2004 to 2007

A meta-analysis of reported water demand elasticities shows that publication selection bias results in water demand estimates that overstate price elasticities. The analysis uses panel data estimators to measure and adjust for publication bias. A random effects estimator is used to derive water...