Agricultural economists are often interested in characterizing or summarizing how economic processes and institutions have changed through time as well as what paths they are likely to take in future time periods. Given this interest or objective, we are therefore interested in methods of...

With an eye to providing a methodology for tracking the dynamic integrity of prices for important market indicators, in this paper we use Benford second digit reference distribution to track the daily London Interbank Offered Rate (Libor) over the period 2005-2008. This reference, known as...

IN THE FIRST PART of this paper, we are I concerned with formulating an interregional activity analysis model for a multiproduct industry. The model is first presented as a generalization, applicable to many such industries. The remainder of the paper illustrates a specific application of the...

This paper considers estimation and inference for the binary response model in the case where endogenous variables are included as arguments of the unknown link function. Semiparametric estimators are proposed that avoid the parametric assumptions underlying the likelihood approach as well as...

Information theoretic estimators are specified for a system of linear simultaneous equations, including maximum empirical likelihood, maximum empirical exponential likelihood, and maximum log Euclidean likelihood. Monte Carlo experiments are used to compare finite sample performance of these...

Methods, like Maximum Empirical Likelihood (MEL), that operate within the Empirical Estimating Equations (E3) approach to estimation and inference are challenged by the Empty Set Problem (ESP). We propose to return from E3 back to the Estimating Equations, and to use the Maximum Likelihood...