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We address the issue of structural change in demand analysis. After a brief discussion of the major problems and questions that arise in this context, the main body of the paper is devoted to a review of analytical methods that are relevant to investigating structural change in demand. This...
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A test for convergence in food tastes based on the estimation of a time-varying-parameter demand system is proposed; the test uses a notion of convergence in time series that looks at equality in the long-term forecasts of parameter estimates through cointegration techniques. An empirical...
Persistent link: https://www.econbiz.de/10005513560
Econometric models wishing to estimate relevant parameters for agricultural policy analysis are increasingly relying on unbalanced panels of farm-level data. Since in the agricultural economics literature such models have often been estimated through simplified approaches, in this paper we try...
Persistent link: https://www.econbiz.de/10005522122
We model CAP reform in order to measure the response of production and land allocation to compensatory payments. The application refers to a sample of farms in Italy. The model allows us an analysis of the degree of decoupling and a simulation of the impact of the "Agenda 2000" proposals.
Persistent link: https://www.econbiz.de/10005536447
Micro-econometric demand modelling has been receiving an increasing attention in empirical research, mainly due to the increasing availability of micro-data. In this paper we provide a review of some relevant market and policy issues that can be analysed with the use of micro-data on demand....
Persistent link: https://www.econbiz.de/10005476486
This paper evaluates the distribution of short- and long-run marginal costs and quota rents across the EU-15 milk producers, by estimating a system of cost and input share equations on a panel data of dairy farms from 1996 to 2001. Regional and geographical location and the size of milk...
Persistent link: https://www.econbiz.de/10004979609
Mycotoxins contamination in food is a serious source of health risks. This paper evaluates the Italian consumers’ perception of the mycotoxins’ risk through their willingness to pay (WTP) for a hypothetical bottle of milk obtained by cows fed with, inter alia, maize certified for...
Persistent link: https://www.econbiz.de/10011142424