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This paper provides an updated assessment of the changing demand for farm labor, including its components and relative use, as reflected in the capital-labor ratios for California and Florida, which are major coastal producers of fresh fruits and vegetables, and of Iowa and Texas, which are two...
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In this paper we fit stochastic frontier production functions to data for Chinese farms grouped into each of four regions
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In most environments, information is critical to consumersï¾’ decision making. Consumers have prior beliefs about quality and price of goods and services and obtain new information which is used to update these prior beliefs or to form posterior beliefs, i.e., Bayesian learning. New food...
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This paper applies production theory to define a new set of inputs for U.S. households for the post-war II period, tests the new inputs to see if they support a complete household-demand system, and reports a new social cost-of-living index. The data support a demand system with nine major input...
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