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Recent outbreaks of highly pathogenic avian influenza in Asia, Europe, and Africa have caused severe impacts on the poultry sector through bird mortality and culling, as well as resulting trade restrictions and negative demand shocks. Although poultry producers play a major role in preventing...
Persistent link: https://www.econbiz.de/10005320853
As farm income from tobacco production has declined in recent years, there has been increasing interest in identifying alternative sources of income for tobacco farmers in the southern United States The recent termination of the tobacco quota program has accelerated the exit of tobacco farmers...
Persistent link: https://www.econbiz.de/10005041451
Whereas consumer theory employs several different empirical specifications for estimating indirect utility functions, producer theory has relied on the Translog specification to estimate the indirect production function. In this paper, we apply Lewbel’s more general functional...
Persistent link: https://www.econbiz.de/10005041372