Showing 1 - 10 of 21
The issue of production function estimation has received recent attention, particularly in agricultural economics with the advent of precision farming. Yet, the evidence to date is far from unanimous on theproper form of the production function. This paper reexamines the use ofthe primal...
Persistent link: https://www.econbiz.de/10009444809
This study has used an empirical approach developed by Urga and Walters (2003) to examine the implications of the short-run specification of the standard translog cost specification along with the possible implications of non-stationarity. We have estimated a dynamic translog cost specification...
Persistent link: https://www.econbiz.de/10009443414
Purpose - The purpose of this paper is to use the DuPont expansion to examine those factors underlying differences in (rates of) return on different crop portfolios over space (ten regions) and time (1960-2004). The paper also estimates the impact of government payments on farmland values...
Persistent link: https://www.econbiz.de/10009429430
This paper develops a partial equilibrium model of a small open-economy producing and trading an unsafe product that is supplied by perfectly competitive producers. The presence of product safety considerations, in this case risks to health, introduces a wedge between the market prices producers...
Persistent link: https://www.econbiz.de/10009446863
The introduction of genetically modified (GM) crops in the mid 1990s appeared to be the latest in a string of technological innovations in agriculture. However, consumer resistance, particularly in Europe has limited the sector’s enthusiasm. One response to the limited enthusiasm has been the...
Persistent link: https://www.econbiz.de/10009443687
This study investigates the underlying reasons for a producer's choice of marketing channels for stocker cattle in the United States. In addition to traditional public auctions, private sales, video auctions, and Internet auctions have been recently used in the marketing of stocker cattle....
Persistent link: https://www.econbiz.de/10009444417
The discovery of StarLink corn in U.S. food products caused considerable disruption in the corn markets in 2000 and 2001. We estimated two models on the impact of StarLink corn over the 2000/2001 marketing year. In the first model, to segregate the U.S. corn market, identity preservation costs...
Persistent link: https://www.econbiz.de/10009446233
The United States of America is an indebted nation in the early years of the new millennium, changing from $469 billion in 1973 to $14 trillion in 2010, as spending is justified on the basis that it promotes GDP growth which in turn increases societal benefits. Despite the benefits of debt, its...
Persistent link: https://www.econbiz.de/10009439277
The goal of this dissertation is to address the role of government payments in the allocation of off-farm labor through three essays. Government payments have been a part of agriculture since 1933 and at no time has the government stated a policy objective of decreasing the agricultural labor...
Persistent link: https://www.econbiz.de/10009439279
This thesis studies the off-farm labor supply decision of farm operators and their spouses in the United States. The data used in this study is from the Agricultural Resource Management survey, 2006. The objective of this study is twofold. First, to identify those factors that affect off-farm...
Persistent link: https://www.econbiz.de/10009439389