Showing 1 - 10 of 127
Energy prices increased significantly following the first energy price shock of 1973. Agricultural producers found few short run substitution possibilities as relative factor prices changed. Inelastic demands resulted in total expenditures on energy inputs that have closely followed energy price...
Persistent link: https://www.econbiz.de/10008465877
This research evaluates whether the introduction of countercyclical payments creates an incentive for program crop producers to hedge the expected government payment using futures and/or options. Results indicate that some level of countercyclical payment hedging is optimal for risk-averse...
Persistent link: https://www.econbiz.de/10005801851
subregion that links parts of Southern Appalachia and the Southern Delta has not received such regional policy attention. While … the South's poor socioeconomic conditions are most concentrated. Policy and program attention are needed for regional …
Persistent link: https://www.econbiz.de/10005469092
The opportunities and challenges of incorporating accurate policy representations into institutional partial … market power, the changing nature of government support, trade policy, and data requirements. The importance of product … smaller idiosyncratic models to address many of the relevant policy questions in a rapidly changing sector. …
Persistent link: https://www.econbiz.de/10005469122
Markov chain analysis (one-step and long-run) is applied to the National Resources Inventory (NRI) database to evaluate changes in wind-based soil erosion rates over time. The research compares changes in soil erosion rates between NRI sample sites with and without applied conservation practices...
Persistent link: https://www.econbiz.de/10005469129
The impacts of using export taxes as a price control in a multi-market framework are explored using the cotton and yarn sectors in Pakistan as examples. Results show that the export tax on cotton increased domestic consumption and decreased exports of cotton in Pakistan, transferring income from...
Persistent link: https://www.econbiz.de/10005469295
policy options reveals that a partial production cost subsidy represents the least-cost alternative for attaining the …
Persistent link: https://www.econbiz.de/10005802651
policy of reducing quota to maintain price versus a policy of allowing price to fall to maintain quota. Changes in prices …, quantities, revenues, and economic rents are simulated. Losses to nonfarming quota owners are minimized under a policy of price … maintenance, while losses in revenues to tobacco-producing areas are minimized by a policy of quota maintenance. Aggregate losses …
Persistent link: https://www.econbiz.de/10005320828
We update the joint estimation of revealed and stated preference data of previously published research to allow for joint estimation of the Travel Cost Method (TCM) portion using count data models. The TCM estimation also corrects for truncation and endogenous stratification as well as...
Persistent link: https://www.econbiz.de/10005513877
A multinomial logit is utilized to model the choice of whether to purchase yield or revenue insurance using subjectively elicited survey data. Our results indicate that the demand for crop insurance is inelastic (-0.40), consistent with most earlier yield elasticity estimates, but the elasticity...
Persistent link: https://www.econbiz.de/10005513881