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An empirical bid-rent model is applied with a multinomial logit (MNL) for analyses of rice production in Japan, which is characterized by cultivation by producers working with various farm sizes. By combining plot and farm databases, the distances to respective field plots from potential holders...
Persistent link: https://www.econbiz.de/10010880339
This paper develops a structural econometric model of agricultural land use and production based on the joint multi-output technology representation introduced by Chambers and Just (1989). Starting from a flexible specification of the farm profit function we derive land use allocation, input...
Persistent link: https://www.econbiz.de/10010913450