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In contrast to the myriad of empirical work on food demand in other countries, very few studies have considered zero expenditures on some food groups. Those which have attempted have been based on techniques which result in endogeneity and inefficient estimates which in turn may misinform policy...
Persistent link: https://www.econbiz.de/10011069000
Agriculture in Malawi is vulnerable to the impacts of changing climate. Adaptation is identified as one of the options to abate the negative impacts of the changing climate. This study analyzed the factors influencing different climate change adaptation choices by smallholder farmers in Malawi....
Persistent link: https://www.econbiz.de/10011207529
A method of estimating a linear response stochastic plateau function is developed and used to determine optimal levels of nitrogen fertilization for wheat. Under the stochastic plateau model, optimizing behavior implies different nitrogen levels than the linear plateau model, depending on the...
Persistent link: https://www.econbiz.de/10005803121
This study compares he profitability and risk related to conventional and organic vegetable production systems A linear programming model was used to find the optimal mix of vegetables in both production systems. And a target MOTAD (minimization of total absolute deviation) model was used to...
Persistent link: https://www.econbiz.de/10005338908
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