horse auction. The data is used to estimate the supply of yearling Quarter Horses using biological production lags to … identify the key structural parameters; we find an own-price elasticity of short- and long-run supply of 0.32 and 0.27. An … inverse demand function is also estimated, and after accounting for endogeneity, we find a price flexibility of own …

strengthen. Consumers can gain from a trade ban, because options to adjust supply in the short run are limited. …

This research identifies and quantifies the impact of biophysical and economic variables on Kansas grain supply for the … period 1977- 2007. This research estimates total supply response by aggregating yield and acreage responses. Previous methods … have effectively analyzed the response of crop supply through either acreage or yield responses. However, the method …

This paper develops an economic and econometric analysis of demand dynamics, with an application to US aggregate data … marginal benefits. The analysis uncovers strong statistical evidence of demand dynamics, especially for food. We find that the …

The rapid income per capita of Chinese consumers and increasing demand for nearly all agricultural products have …

This paper analyzes the impact of human values and personality on the demand for organic tomatoes applying open … demand for products associated with organic labels. Also, consumers distinguish between conventional and organic produce …, such that personality has a differential impact with regard to predicting demand for products associated with organic …

in Kenya. We then estimate demand for the most common soil nutrients (N and P). We find that, consistent with theory …, farmers are price-responsive and remoteness depresses demand for mineral fertilizers. Knowledge and plot tenure have a strong …

This paper examines the spillover effects of television brand advertising on consumer demand for carbonated soft drinks … positive and significant impact on the demand for all brands belonging to the same company, highlighting the importance of … accounting for spillover effects in demand models. The CES advertising production function outperforms the linear form …