We estimated environmental Kuznets curve (EKC) for carbon dioxide for 16 Latin American countries using nonparametric, semi-parametric, and parametric specifications. Results indicated that most of the Latin American countries are still in the rising portion of the EKC with respect to CO2 pollution.

This study compares parametric and semiparametric smoothing techniques to estimate the environmental Kuznet curve. The ad hoc functional form where income is related either as a square or a cubic function to environmental quality is relaxed in search of a better nonlinear fit to the...

We estimated the environmental Kuznets curve for point (mercury) and nonpoint (nitrogen, phosphorus, and dissolved oxygen) source water pollutants as a function of income in parametric and semiparametric functional forms of the Panel data model. Seemingly unrelated panel formulation did not...

The survey article provides a selected review of studies on econometric choice modeling of different agricultural policy issues. The study discusses how one model is preferred over the other and in what circumstances a particular model should be used.

This paper measures the impact of bilateral exchange rates, the world agricultural GDP and third-country exchange rate volatilities (Yen/USD and Euro/USD) on the BRICS agricultural exports using a vector autoregressive (VAR) model. Two measures of volatility are used: the standard deviation and...

This study examines the role of price competitiveness and foreign activity in Ghana’s export performance. Using an augmented VAR model in conjunction with modified Wald tests, causal relationships are tested between real effective exchange rates, foreign GDP and both total and agricultural...

This study provides empirical evidence on whether corn, sorghum, oat, barley, wheat, rice, soybeans, cotton, and peanuts exhibit cyclical patterns in their historical prices. The results of time-series analysis support a newly added counter-cyclical payment in the Farm Security and Rural...

The paper conducts an empirical investigation of the US meat demand system using quarterly data on per capita meat consumption and prices. SUR maximum likelihood is used to estimate a static and dynamic (error correction) linear almost ideal demand systems. Results compare static and dynamic...

Using Japanese economic data and a Monte Carlo simulation, this study analyzes the consequences of ignoring deterministic trends in mixed unit-root data for Granger noncausality tests. Results from an augmented VAR suggest over-rejection in certain empirically relevant cases at various sample sizes.

Threshold models have gained much recent attention in applied economics for modeling nonlinear behavior. The appeal for these models is due in part to the observable pattern that many economic variables follow, such as asymmetric adjustment towards equilibrium. This paper reviews the literature...