This paper uses the Pagano-Hartley procedure to estimate the lag length and polynomial degree for the case of a quarterly hog supply equation. The results show that the nicely humped shapes which materialize when using the Almon lag may be caused by the failure in accounting for autocorrelation...

Implications of real cash balances as a productive input in agricultural production are explored. A system of aggregate input demand functions for agriculture including real cash balances is formulated and estimated, assuming that producers minimize input costs for a given output level....

A single-equation nonlinear hedonic price function is estimated for parcels of rural land in transition from agriculture in a Nevada community. Empirical results are evaluated relative to the effects of selected government-provided amenities on parcel prices. Utilizing the estimated hedonic...

Analyzes the impacts of income and inflation on beef and pork retail prices.

An eight-sector, single-period, agricultural-focused computable general equilibrium (CGE) model of Malaysia using 1983 as the base year was developed to evaluate effects from changes in the external trade environment and domestic economic policies. The simulation results demonstrate the growing...

Serious attention has always been bestowed on the stability of food markets. The government has acted on these issues through intervention on food prices that more or less creates distortion. These have been observed on U.S. and Japan. This paper develops a spatial-temporal equilibrium model for...

This article examines land-use, market and welfare implications of lignocellulosic bioethanol production in Hawai'i to satisfy 10% and 20% of the State's gasoline demand in line with the State's ethanol blending mandate and Alternative Fuels Standard (AFS). A static computable general...