This article develops the conceptual and empirical foundations for a parsimonious, generic modeling approach to multi-dimensional (i.e., economic, environmental and social) impact assessments of agricultural technologies and environmental change. Joint distributions between technology adoption...

Economics researchers often assume that random variables are drawn from distributions that are members of scale or location-scale families of distributions. This article generalizes earlier results in the literature on the bias in least squares estimates of multiplicative error models, and uses...

This study develops theoretical and econometric cost function models for the meat industry to test the hypothesis of safety exogeneity, i.e., that product safety does not affect productive efficiency. Using plant-level data from the Census of Manufactures, this hypothesis is rejected. Estimates...