Conventional empirical demand systems normally take prices to be exogenous, and determine the quantities demanded. Although this is logical for the individual consumer, at the market level the aggregate quantity traded may be exogenously determined, while the price vector changes to ensure...

This study analyzes quantity impacts of imported crawfish tailmeat on Louisiana crawfish tailmeat prices, and demonstrates the statistical validity and proper interpretation of cross substitution within inverse demand systems. Among five inverse demand systems, the Differential Inverse National...

The increasing popularity of increasing block tariffs (IBT) for water is reflected in Portugal by a virtually universal implementation for residential use. IBT are often supported as a good tool for achieving the goals of equity, water conservation and revenue neutrality but seldom have they...

In this paper, a semiparametric model is used to examine the relationship between pollution and income for three non-point source pollutants. Statistical tests reject the quadratic specification in favor of the semiparametric model in all cases. However, the results do not support the inverted-U...

Inverse demand systems explain price variations as functions of quantity variations. This paper presents a dynamic inverse AIDS model based on recent developments on cointegration techniques and error correction model. The case of fish landed at Geek sea ports appears to suit this model well....

In emerging markets for high-value food products in developing countries, processing companies search for efficient ways to source raw material of consistent quality. One widely embraced approach is contract farming. But relatively little is known about the appropriate design of contracts,...

Since corn is the primary feedstock used for producing ethanol in the U.S., and ethanol production yields byproducts that can be fed to livestock in combination with corn, addressing the effect of ethanol production on meat markets should consider not only demand and supply interdependence...