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and this is a problem when estimating log-linear gravity equations. This has caused many researchers to either ignore the zero trade flows or to replace the zero with a small positive number. Both of these actions bias the resulting parameter estimates of the gravity equation. In this study we...
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Current trade policy pursued by the Sri Lankan government on rice can best be described as adhoc as it is characterized by protecting farmers during glut seasons and consumers during deficit seasons. This study examines the economy-wide impacts of various policy packages on rice and related...
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In 2011, the Canadian Agrifood Policy Institute released an report highlighting the importance of the agrifood sector to the economy and concluded by stating the need for Canada to double the dollar value of agrifood exports to ensure the viability of the system. This paper seeks to estimate...
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We examine the effect of farm level cost and scale efficiencies on dairy quota exchanges in Ontario. A constrained profit maximization framework is used to illustrate the role of cost efficiency in quota exchanges (i.e., sales and purchases). Using a multinomial logit model, where net quota...
Persistent link: https://www.econbiz.de/10010920256