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This paper develops a multi-regional general equilibrium model (MEG-R) to compare the social desirability of the CAP reform in the three Italian macro-regions: North, Center and South. The model employs a mixed complementary framework that allows for the decision of not producing a particular...
Persistent link: https://www.econbiz.de/10008853684
Persistent link: https://www.econbiz.de/10005803511
This paper estimates a household model where both the production and consumption sides are observed. The household activities produce both marketable and nonmarketable products. Family members consume market goods, domestically produced goods and leisure. This household equilibrium model is...
Persistent link: https://www.econbiz.de/10009645988
Land and market imperfections shape the organization of agricultural production and lead to different production regimes within rural farm households in South Africa. This paper presents a theoretical model to explain the presence of three main households groups (classes) determined on the basis...
Persistent link: https://www.econbiz.de/10005802947
Malnutrition is a major issue in developing countries with long-term implications for economic development. Agricultural diversification has been recognized as a strategy to improve nutrition and human health, and a risk coping strategy in the face of climate change. We use the 2008-2010...
Persistent link: https://www.econbiz.de/10011124971
Efficient estimates require the utilization of all the available theoretical and statistical information. This fact suggests that econometric models based on an explicit optimization theory might achieve more efficient estimates when all the primal and dual relations are used for a joint...
Persistent link: https://www.econbiz.de/10008549122
We generalize the Tobit censored regression to permit unique unobserved censoring thresholds conditioned by covariates and a set of common response coefficients. This situation , we argue, is one arising frequently in applications of censored regression and we provide three diverse examples to...
Persistent link: https://www.econbiz.de/10005060559
This paper explores two alternatives for estimating systems of equations with multiple censored variables: Maximum Simulated Likelihood and a two-step technique that seems to be well suited for large samples. The empirical part of the paper estimates a system of cost, cost shares and revenue...
Persistent link: https://www.econbiz.de/10005525944
The demand for fluid milk products has changed dramatically in recent years not only in terms of lower levels consumed but also in terms of the composition of the products consumed. A time-series based demand system analysis of the market for lowfat and whole milk products is developed...
Persistent link: https://www.econbiz.de/10005480986
Cette etude presente une analyse quantitative de l’impact du vieillissement demographique et des reformes des regimes de retraite pour les trois principaux pays europeens : la France, l’Allemagne et le Royaume-Uni. Dans ce but, nous utilisons un modele d’equilibre general calculable a...
Persistent link: https://www.econbiz.de/10005243428