Forecasts made by econometricians are typically conditioned on actual values of explanatory variables, even when at the time of the forecast, such variables might not be available. As a first step, one might test the adequacy of econometric specification by comparing conditional post sample...

This study constructs a simulation model to evaluate the potential for conflict among residential and agricultural users of water in southern Rhode Island. The model estimates the profitability of irrigation and turf farms and projects the total use and the economic value of irrigation water....

An econometric model of U.S. and Maine apple production and prices was estimated with ordinary least squares multiple regression. A Gauss-Seidel solution technique was used to examine the equation system goodness of fit and to forecast endogenous variable values. Results indicate that supply...

Potatoes have been grown continuously on many Long Island (New York) fields. Environmental concerns have raised questions about the continued usage of this practice. A farm-level linear programming model was used to investigate the economic impacts of crop rotations which result in reduced...