This paper studies a land use switching model as a measure of adaptation to climate change in tart cherry industry in Michigan. In order to capture the effects of extreme events, we employ a real options land conversion model where an underlying stochastic process allows a Poisson-type jump...

Relying on frontier production approach (e.g., Luenberger's shortage function), we investigated the performance of agricultural sector in transition countries and its changes over time, especially focusing on the dynamics of productivity changes. We found that; (i) CEE countries have improved...

The support vector machine has been a popular choice of classification method for many applications in machine learning. While it often outperforms other methods in terms of classification accuracy, the implicit nature of its solution renders the support vector machine less attractive in...

Traditional classifiers including support vector machines use only labeled data in training. However, labeled instances are often difficult, costly, or time consuming to obtain while unlabeled instances are relatively easy to collect. The goal of semi-supervised learning is to improve the...

This study evaluates long-term structural adjustments in fresh grapefruit packing under aggregate market pressures, including those from retail concentration. While individual firms enter and exit, Markov-model results are indicative of an industry near equilibrium with little expectation of...

First-order, homogeneous, stationary Markov models are used to compare patterns of adjustment among Florida fresh grapefruit packers between the 1970/71-1983/84 and 1987/88-1999/00 periods, and 1970/71-1994/95 and 1995/95-1999/00 periods, respectively. Despite sweeping aggregate trends impacting...

The purpose of this paper is to report on the current state of economic evaluations for sanitary and phytosanitary (SPS) regulations affecting food and agricultural trade. The paper reviews current theoretical and econometric advances and limitations in modeling SPS regulations, particularly in...

This report summarizes the financial and production records of 5 Michigan tree fruit farms. To be included, the farms must have produced at least 50 percent of gross cash farm income from one or a combination of sales from cherries, apples, and other fruits. The records came from Michigan State...

The People's Republic of China was established in 1949, ushering in an era of socialism and government centralization. Beginning in 1978, China's economy gradually transitioned from centralization to the transitional and somewhat more privatized society of today. Prior to 1978, government...