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Spatial Price Transmission and Market Linkages in US Framing Lumber Markets

Rogers, Evan - Agricultural and Applied Economics Association - AAEA - 2014

We test the economic theory that price differences in spatially separated markets will be equalized through arbitrage activity using time series data on housing frame lumber prices in different regions of the United States. Wildfires, hurricanes, and other extreme weather events, as well as...

Persistent link: https://www.econbiz.de/10011068980

Phase Space Reconstruction and Nonlinear Equilibrium Dynamics in the United States Beef Market

McCullough, Michael; Marsh, Thomas L.; Huffaker, Ray G. - Agricultural and Applied Economics Association - AAEA - 2007

This paper investigates dynamic interactions in the US beef market using phase space reconstruction, which has been developed to analyze nonlinear dynamical systems. This approach provides important and unique empirical insights into consumers behavior in the beef market. Our results from a...

Persistent link: https://www.econbiz.de/10005038906

Productivity Growth, Technical Efficiency and Technical Change on Minnesota Farms

Olson, Kent D.; Vu, Linh - Agricultural and Applied Economics Association - AAEA - 2009

panel data for 1993-2006 for farms in Southern Minnesota. Bootstrap methods were used to estimate confidence intervals for …

Persistent link: https://www.econbiz.de/10005012624

Estimation and Inference for Threshold Effects in Panel Data Stochastic Frontier Models

Yelou, Clement; Larue, Bruno; Tran, Kien C. - Agricultural and Applied Economics Association - AAEA - 2007

One of the most enduring problems in cross-section or panel data models is heterogeneity among individual observations. Different approaches have been proposed to deal with this issue, but threshold regression models offer intuitively appealing econometric methods to account for heterogeneity....

Persistent link: https://www.econbiz.de/10005038965

Estimating the Costs of Revenue Deficiency Programs

Cooper, Joseph C. - Agricultural and Applied Economics Association - AAEA - 2007

This paper develops an approach to empirically demonstrate how the within-season distribution of U.S. domestic commodity support for corn differs between current-style approaches of support and revenue-based support. From a purely economic standpoint, the results show the revenue-based payment...

Persistent link: https://www.econbiz.de/10005039013

Analyzing Differences in Rural Hospital Efficiency: A Data Envelopment Analysis Approach

Nedelea, I. Cristian; Fannin, James Matthew; Barnes, … - Agricultural and Applied Economics Association - AAEA - 2010

This study analyzes difference in efficiency among the U.S. rural hospitals using a two-stage, semi-parametric approach. Data Envelopment Analysis is used in the first stage to calculate cost, technical and allocative efficiencies of Critical Access Hospitals (CAH) and non-CAH rural hospitals....

Persistent link: https://www.econbiz.de/10009020550

An application of the two-stage, semi-parametric approach with double bootstrap to analyze technical efficiency of Critical Access Hospitals

Nedelea, I. Cristian; Fannin, James Matthew - Agricultural and Applied Economics Association - AAEA - 2011

This study examines technical efficiency of Critical Access Hospitals (CAH) using a two-stage approach and bootstrap … second stage, efficiency scores are regressed on environmental variables using a truncated regression with bootstrap …. Alternatively, a double bootstrap procedure is used, where bias-corrected DEA efficiency scores, obtained by means of bootstrap in …

Persistent link: https://www.econbiz.de/10009020974