The probability-constrained minimum absolute deviations (MAD) estimator appears to be superior to the probability-constrained quadratic programming estimator in estimating transition probabilities with limited aggregate time series data Futhermore, one can reduce the number of columns in the...

This article measures economic gains to consumers and processors of adopting mechanical tomato harvesters in California, recognizing the oligopsonistic behavior of processors in the raw tomato market It provuies a theorertical basts for using a kinked longrun supply curve to measure producer...

What causes the structural changes in terms of number and size of flour mills in the US flour milling industry, and will the US wheat flower supply be adequate in the year 2000? Simulation results indicate that rising disposable income and declining wheat prices are the primary reasons for...

Domestic food and agricultural policies of individual importing and exporting countries signicifantly affect international trade in grains This case study focuses on Venezuela's import demand for sorghum It investigates the tradeoffs in a country's decision to import or to produce feed grains in...

This paper develops and applies an export-side international trade model to analyze economic gains resulting from trade liberalization in the world wheat market. Major policy variables in the analysis include the removal of producer and consumer subsidy equivalents in industrialized countries....