Showing 1 - 10 of 631
Site-specific application of manure has the potential to improve crop production and environmental quality. If manure is applied where it is needed, in the quantity required by the crop, over application, with attendant runoff and leaching problems can be reduced. To implement this approach...
Persistent link: https://www.econbiz.de/10005220823
We compare the ability of three preference elicitation methods (hypothetical choices, non-hypothetical choices, and non-hypothetical rankings) and three discrete-choice econometric models (the multinomial logit, the independent availability logit, and the random parameter logit) to predict...
Persistent link: https://www.econbiz.de/10005804662
This paper examines the Multi-Product Asymptotically Ideal Production Model as an alternative to the translog and normalized quadratic functional forms using farm level data. Factors such as ease of estimation, imposition of regularity conditions, and quantitative differences in empirical...
Persistent link: https://www.econbiz.de/10005806439
Cluster analysis was used to identify five distinct buyer segments for expendable input purchases for U.S. crop and livestock commercial producers. A multinomial logit model was used to predict segment membership based on demographic, behavioral, and business management factors. Results provide...
Persistent link: https://www.econbiz.de/10005500347
In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A strong inverse relationship also exists between the incidence of poverty and small business and economic growth. Thus, the empirical result establishes the linkage between small...
Persistent link: https://www.econbiz.de/10005500354
In comparing second-best prices and quantities, studies assume that quantities bind with probability one. We present a more general and realistic model of second-best regulation where quantity instruments can bind with probability less than one. This additional flexibility of quantity...
Persistent link: https://www.econbiz.de/10005500355
The consequences of spatial effects on discrete choice models have not been well established. Various ad hoc workarounds have been proposed to mitigate potential estimation problems. This paper employs Monte Carlo simulation to investigate the severity of the problems introduced by spatial...
Persistent link: https://www.econbiz.de/10005500364
Using explicit theoretical models, this study analyzes the economic impact of alternative vertical coordination mechanisms in a three-stages production-marketing chain where interactions among multiples players at each stage, among players at different stages, and the price, output and welfare...
Persistent link: https://www.econbiz.de/10005500367
This paper utilizes a polychotomous choice function to investigate the relationship between socioeconomic characteristics and willingness-to-pay for embedded environmental attributes. Specifically, a two-stage estimation procedure with an ordered probit selection rule is used to predict the...
Persistent link: https://www.econbiz.de/10005500391
A math program is used to examine an integrators problem of assigning broiler growers into settlement pools. The integrator varies the size and frequency of flock placements by grower ability. This differentiates grower incentives by ability. Which growers receive the strongest incentives...
Persistent link: https://www.econbiz.de/10005500394