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The results of a systems estimate of the South Korean meat sector are presented. The system is well behaved in that it satisfies the theoretical restrictions. Some of the parameters of the demand system are then used to simulate the effects of trade liberalization in the South Korean beef...
Persistent link: https://www.econbiz.de/10008569886
On average, U.S. farmers choose to apply nitrogen fertilizer at a rate that exceeds the ex post agronomically optimal rate. The technology underlying the yield response to nitrogen rewards producers who over apply in years when rainfall is excessive. The overapplication of nutrients has negative...
Persistent link: https://www.econbiz.de/10009023959
Increased biofuel production has been associated with direct and indirect land-use change, changes in land management practices, and increased application of fertilizers and pesticides. This has resulted in negative environmental consequences in terms of increased carbon emissions, water...
Persistent link: https://www.econbiz.de/10010751904
This study examines aggregate county income growth across the 48 contiguous states from 1990 to 2005. To control for endogeneity, we estimate a two-stage spatial error model and implement a number of spatial bootstrap routines to infer parameter significance. Among the results, we find that...
Persistent link: https://www.econbiz.de/10011070810
Welfare tradeoffs between intellectual property (IP) protections provided by patents and by plant variety protection (PVP) are explored. PVP breeders' exemption weakens IP protection, but may speed the transfer of research gains across firms. A model is developed assuming firms optimize research...
Persistent link: https://www.econbiz.de/10011194272