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An empirical model of the price relationship between distribution stages is developed based on the Shiller lag. The assumption of constant returns to scale is relaxed to incorporate changes in the volume of shipments. An iterative GLS methodology is developed to estimate the model. Tests for...
Persistent link: https://www.econbiz.de/10005339056
This article summarizes a study of consumers' willingness to pay (WTP), in urban areas in Tennessee, Mississippi, and Michigan, for a powdery mildew resistant dogwood tree. Powdery mildew is a disease affecting flowering dogwoods that can limit growth, detract from the appearance, and may cause...
Persistent link: https://www.econbiz.de/10005503703
Data from the U.S. Department of Agriculture’s 1994-96 and 1998 Continuing Survey of Food Intakes by Individuals (CSFII) are used to describe pork consumption patterns as well as to estimate a censored demand system for pork cuts. The descriptive analysis fills the void about basic...
Persistent link: https://www.econbiz.de/10008519351