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A two-stage gravity-based model is used to explain cattle and beef bilateral trade flows between 42 countries. The model parameters are estimated using a double-hurdle model with a multivariate sample selection procedure. The parameter estimates are used to simulate probabilities of new trade...
Persistent link: https://www.econbiz.de/10008752015
Biotechnology has had an important impact on the agricultural and food industries over the last 12 years by way of fast and extensive adoption of a few genetically modified (GM) crops. This has produced large efficiency gains, including higher yields and reduced costs of weed and pest control,...
Persistent link: https://www.econbiz.de/10008546180
We address the issue of structural change in demand analysis. After a brief discussion of the major problems and questions that arise in this context, the main body of the paper is devoted to a review of analytical methods that are relevant to investigating structural change in demand. This...
Persistent link: https://www.econbiz.de/10005559916
Persistent link: https://www.econbiz.de/10005569704
We develop a reputation model to study the concurrent use of trademarks and certification for food products with a geographical indication (GI). The model extends Shapiro's (1983) approach to modelling reputation to a situation in which two technologies for the production of quality are...
Persistent link: https://www.econbiz.de/10010568119