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Using U.S. apparel catalogue data, we estimate hedonic price functions to identify market valuation of environmental attributes of apparel goods. We identify a significant and robust premium for the organic fibers embodied in the apparel goods. We find an additional organic premium for baby...
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Using farm level data and a simultaneous probit model we evaluate the input use and environmental effects of revenue insurance. A priori, the moral hazard effect on input use is indeterminate and this study empirically assesses the input use impact of the increasingly popular, and federally...
Persistent link: https://www.econbiz.de/10005807700
Risk management programs, such as subsidized crop insurance, affect production decisions at both the intensive (input use) and extensive(land use) margins. The production decisions in turn affect the environment. This paper reviews and synthesizes the literature linking risk management policies...
Persistent link: https://www.econbiz.de/10005807785
For some hard-to-fill jobs the Navy awards Assignment Incentive Pay using an auction-like format. With respect to the optimal job assignment auction format, however, there is only a very limited academic literature. Furthermore, the extant literature assumes all bidders are equally qualified. In...
Persistent link: https://www.econbiz.de/10005471317
Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world...
Persistent link: https://www.econbiz.de/10005320648
Policy reforms in the EU require careful consideration because the EU is a significant player in international agricultural markets for many commodities. We analyze the effects on world agricultural markets of the 2003 Common Agricultural Policy (CAP) reform and the accession of ten new member...
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