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Many investment decisions of agribusiness firms, such as when to invest in an emerging market or whether to expand the … option-value model to examine the factors affecting an agribusiness firm's decision whether and how much to invest in an … results have implications for agribusiness decision-making. © 2003 Elsevier Science B.V. All rights reserved. …
Persistent link: https://www.econbiz.de/10011069452
The recent rural reforms in China have had great effects on agricultural production and productivity as well as rural household consumption. While much has been written on production and productivity effects of these reforms, very few Chinese studies have attempted to analyze the changes in...
Persistent link: https://www.econbiz.de/10010879550
China's economy has undergone fundamental changes since 1978. Agriculture, industry and services are being transformed …
Persistent link: https://www.econbiz.de/10010911228
It has generally been assumed that the inferences of the induced technical change model with respect to the direction of technical change could not be expected to hold for the centrally planned economies. In this paper we test three hypotheses generated from the induced technical change...
Persistent link: https://www.econbiz.de/10010911526
This paper applies an option-pricing model to analyze the impact of uncertainty about output prices and expectations of declining fixed costs on the optimal timing of investment in site-specific crop management (SSCM). It also analyzes the extent to which the level of spatial variability in soil...
Persistent link: https://www.econbiz.de/10011069385
This paper quantitatively analyses the cost-effectiveness of alternative green payment policies designed to achieve a targeted level of pollution control by heterogeneous micro units. These green payment policies include cost-share subsidies that share the fixed costs of adoption of a...
Persistent link: https://www.econbiz.de/10011069208