Using a series of hurdle choice models, this study considers both nay-saying and yeah-saying to alternatives offered in a conjoint experiment. These behaviors are characterized by respondents persistently choosing the no-choice alternative or choosing at least one of the non-empty options...

The paper examined whether increasing agricultural output would lead to an expansion of employment in rural areas in the Caribbean and Sub-Saharan Africa (SSA). The paper found that the agricultural development problems in the Caribbean and SSA are very similar, especially, declining export...

This paper uses a logistic regression model to examine consumer willingness to buy organic and/or GM food products in the context of food attributes that are considered important in the consumption decision. That model is chosen for its mathematical simplicity and because its asymptotic...

Consistent aggregation assures that behavioral properties, which apply to disaggregate relationships also, apply to aggregate relationships. The agricultural economics literature is reviewed which has tested for consistent aggregation or measured statistical bias and/or inferential errors due to...

The sensitivity of asset fixity conclusions, input adjustment rates, and elasticities to choice of functional form is examined using a dynamic dual model of U.S. agriculture. A very general initial specification allows tests of instantaneous adjustment to be performed for every input. Test...

On the basis of our examinations we have come to the conclusion that longitudinal examinations are the simplest and most up-to-date methods as well as the most cost-efficient ones to follow the decision-making, preparatory data collecting, processing and analysing opportunities serving the...

In this paper, the prescriptive capacity of different types of positive mathematical programming models applied to the Alentejo agricultural sector is analysed. Model results are compared for 2000 and 2004 agricultural price and subsidies scenarios, regarding optimal combination of activities....

This paper explores the economics of input decision by a firm facing production uncertainty. It relies on a state-contingent approach to production uncertainty. First, the paper develops a methodology to specify and estimate cost-minimizing input decisions under a state-contingent technology....

The study evaluates the gains of avoiding data-dependent specification search on an estimation sample in an application to discrete choice models. We incorporate data splitting, the process by which the total available sample is randomly split in two or more sub-samples with the first...

Economic theory is replete with causal hypotheses that are scarcely tested because economists are generally constrained to work with observational data. This article describes the use of causal inference methods for testing a hypothesis that one random variable causes another. Contingent on a...