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When elementary prices move strictly proportionately, aggregation over a group of diverse products is valid, and group demand responses can be decomposed into quality and quantity responses. This study shows that when relative elementary prices and group prices are stochastically independent, a...
Persistent link: https://www.econbiz.de/10005525436
A new procedure is developed to estimate innovation possibility frontiers and test for biases in technological change. Using data on four inputs (land, machinery, chemicals and labour) from central Canada (Ontario and Quebec) over the period 1926-1985, we find that the innovations possibilities...
Persistent link: https://www.econbiz.de/10005801141
This study characterized the costs and benefits associated with adopting ISO 14001 environmental management system (EMS) standard, based on a survey of ISO 14001-registered organizations in Canada. Decision makers are contemplating whether it is necessary to register to one or more of the ISO...
Persistent link: https://www.econbiz.de/10008569976
This article explores the issue of cooperative growth from both an empirical and theoretical perspective. Using total assets as the measure of cooperative size, we present long-term, time-series data from seven of the largest regional agricultural cooperatives in Canada and the United States. We...
Persistent link: https://www.econbiz.de/10008570459
Beginning in 1971, initial payments for Canadian Wheat Board grains were announced prior to planting. The intention was to influence producer expectations and, hence, crop supply. Using a novel estimation procedure designed to conserve degrees of freedom, it is concluded that the new information...
Persistent link: https://www.econbiz.de/10005770407
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This study examines the competitiveness of four Canadian agricultural industries (eggs, milk, chicken and turkey) using a general equilibrium farm to retail pricing model developed by Wohlgenant (1989). The model generates retail and farm pricing equations that are estimated using maximum...
Persistent link: https://www.econbiz.de/10005511072
Two aggregation schemes for food demand systems are tested for consistency with the Generalized Composite Commodity Theorem (GCCT). One scheme is based on the standard CES classification of food expenditures. The second scheme is based on the Food Guide Pyramid. Evidence is found that both...
Persistent link: https://www.econbiz.de/10005460302
Price and income elasticities of fat from meats are estimated by decomposing composite demand for meat into the produ ct of total calories, the fraction of calories eat as fat, and a residual measure of quality. This demand-characteristic system provides estimates of the impact of prices and...
Persistent link: https://www.econbiz.de/10005483922