Flexible functional forms are used to examine the characteristics of production technologies. The Fourier functional form is capable of approximating any function globally, with the specified expansion. Unfortunately the exact form of the expansion is not known. The regularity conditions are...

A four-region econometric model of U.S. apple production and consumption is developed. Technical progress has benefited growers in the Northwest the most, but prices there are much lower in comparison to other regions. Estimated elasticities are used to estimate national and regional welfare...

This paper proposes and applies an innovative estimation approach for farm group programming models using Generalised Maximum Entropy. The proposed set-up simultaneously determines calibrating cost function parameters and input allocations to production activities. The methodology is applied to...

We investigate the strategic pricing for leading brands sold in the carbonated soft drink (CSD) market in the context of a flexible demand specification (i.e. random parameter nested logit) and a structural pricing equation. Our approach does not rely upon the often used ad hoc linear...

Effective food security work in developing countries, such as Mali, relies on a thorough understanding of the rural farming system. A common approach is to study land allocation decisions to specific crops. In accomplishing this, one challenge is to model all production outcomes in a multi-crop...

Structural change remains a contentious issue in the literature. This study focuses on analyzing structural change in consumer demand for meats, which are modeled over the past half century. A standard inverse demand model is combined with a variant of the Smooth Transition Autoregressive (STAR)...

This research focuses on the estimation of labour supply equations for Dutch dairy farmers that are suitable for policy simulations. Data availability leads to the fact that we can not estimate structural labour supply equations. We show how to derive reduced form equations suitable for policy...

Excess poultry litter could be a sustainable source of crop nutrients outside of nutrient-saturated regions if crop farmers are willing to utilize it. Using nearly 150 observations of actual poultry litter purchases in Oklahoma, Arkansas, and Missouri we estimate a demand function for poultry...

We employ a combination of survey design and econometric techniques to explore ways to deal with health concerns in restoration projects where environmental injuries are severe. We use data from a referendum contingent valuation survey for a natural resource restoration project to demonstrate...

This paper reconsiders the implications of efficient markets for transmission of price volatility across markets. Tests of volatility transmission are based on conditional variances. Results are reported for key grain and beef markets. Transmission across cash, futures, and options is considered.