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A dynamic programming approach was used to evaluate the effect of changing the feed input to product price relationship on the beef production management decision process. The dynamic programming model consists of nine submodels describing and analyzing the time-dependent beef production...
Persistent link: https://www.econbiz.de/10005522775
This paper proposes “linkage analysis” as a complement to the traditional “tourism impact analysis” to examine tourism’s economic imprints on a destination’s economy. Although related, the two methods are not the same. The starting point of tourism “impact analysis” is “final...
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Agriculture is not a large contributor to Hawaii`s economy but despite the recent decline in the sugar industry it is an important sector in terms of its contribution to food supply, income, and employment. Agriculture influences the economy as it procures production inputs from and provides...
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The change of Balassa's 'revealed comparative advantage' index is often directly used to measure comparative advantage variation over time, yet the theoretical foundation of this traditional measure has not been clarified. In this article we derive a 'revealed comparative advantage variation'...
Persistent link: https://www.econbiz.de/10005468129
This paper examines major linkage measures in the literature from different perspectives and attempts to clarify some of the controversies over them. The examination and clarification suggest more refined backward and forward linkage measures for linkage indices construction. The measures are...
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