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This paper tests whether the Law of Proportionate Effects (Gibrat, 1931), which states that farms grow at a rate that is independent of their size, holds for the dairy farms in Northern Ireland. Previous studies have tended to concentrate on testing whether the law holds for all farms. The...
Persistent link: https://www.econbiz.de/10005787179
The paper investigates the validity of Gibrat's Law in Hungarian agriculture. Employing various specifications including OLS, two-step Heckman model and quantile regressions our results strongly reject Gibrats Law for full sample. Estimations suggest that small farms tend to grow faster than...
Persistent link: https://www.econbiz.de/10005060806
According to Gibrat's Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the examined period. Aimed at extending this line of investigation, the present paper uses quantile regression techniques to test whether Gibrat's Law holds for new...
Persistent link: https://www.econbiz.de/10005760520
The objective of this paper is to explore the determinants to leave agriculture and change occupational sector. We adopt a 3-step multivariate probit where we control for selection bias at two stages in the decisions to work and, at a later stage, exit agriculture. The analysis is based on the...
Persistent link: https://www.econbiz.de/10010909848
The article investigates the validity of Gibrat’s Law for French, Hungarian and Slovenian farms with FADN data and Heckman selection models, quantiles regressions and panel unit root tests. The contribution to the literature is threefold. First, we compare farm growth in countries with rather...
Persistent link: https://www.econbiz.de/10008509203
Persistent link: https://www.econbiz.de/10009351606
Persistent link: https://www.econbiz.de/10011125406
This paper investigates the determinants of total household income in selected rice-based farming villages in the Philippines. A quantile regression approach was applied on cross-section data obtained from 656 farming households across four provinces. Determinants of household income were...
Persistent link: https://www.econbiz.de/10011200573
The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) has continued to be fiercely debated between North and South, particularly with respect to its provisions for the agricultural sector. Article 27.3(b) of the TRIPS Agreement requires WTO member countries to offer some...
Persistent link: https://www.econbiz.de/10010880040
The study applies quantile regression to identify determinants of the entire distribution of food expenditure, and quantify their effects amongGhana’s urban household subgroups. The results indicate that among the significant factors the largest effect in descending order havelocation, marital...
Persistent link: https://www.econbiz.de/10010915051