The authors examine the small sample properties and forecasting performance of estimators In models using the Box-Cox transformation via a Monte Carlo experiment They develop a simple,estimator for the expected value of the untransformed dependent variable They show that the sign and magnitude...

Quantifying the relationship between expenditure for a commodity and household income (Engel analysis) has focused on the use of classical functional forms with few rigorous procedures available for selecting the most appropriate function We employ flexible functional forms {Box-Cox curves} to...

The Hop Administrative Committee of the hop marketing order has been reasonably accurate m projecting quantities supplied and demanded and in formulating their recommended salable percentage to the Secretary of Agriculture The Federal Hop Marketing Order has helped stabilize hop acreages and...

There are a number of estimation methods available to the econometrician. They range in complexity from least squares, which takes only a few minutes with pencil and paper for a simple problem, to full information maximum likelihood, which requires a large-capacity electronic computer for...

It 15 difficult to obtain c1osed-fonn solutions for input demand equations that are conducive to econometric estimation and policy analysis when the production function IS unknown Developments In the theory of duality facilitate obtaining such equations This article provides three examples of...

The widespread growth of bank (and other) charge-account plans implies a distinct possibility that retail food marketing, as well as the food producing, processing, and distributive sectors, indirectly, may become involved to a significant degree in a consumer credit operation. The purpose of...

It might be expceted that a more active conversation betwecil cnumerator and respondent would provide better data in an interview. Such an effect had been report!:d for health interviewing. However, it was not discovered in farm intervicwing in the survey analyzed in this paper. There is...

The role of the agricultural sector in economic growth has recently come under study. Numerous articles have appeared on the theoretical aspects (capital formation, increased productivity, etc.) of agriculture's contribution as well as on the numerical magnitude of changes that have taken place....