The high cost of energy in Jamaica, one of the highest in the Caribbean region, is usually cited as a hindrance to industrial development and efficiency, especially in the manufacturing sector. High energy cost is also considered to be a national energy security issue and the government is...

This is a decision teaching case study, where the Program Manager, Michigan Agriculture Environmental Assurance Program (MAEAP) is faced with the problem of determining the future direction of the MAEAP going forward from 2010. During the case discussion students should be able to: 1. Identify...

This study develops proxies for each of Levine's (1997) five functions of the financial sector, and models the relationship between these functions and economic growth using methods that more accurately conform to theory, and which broaden our understanding of the mechanisms through which the...

While recent studies of the finance-growth nexus have focused on the use of proxies which more accurately capture the theorized functioning of the financial sector, they have tended to focus either on the functioning of the financial sector as a whole, or on the dominant institutions within the...

This study uses duality to examine the effects of excluding output price risk and risk aversion on cost structures. Using data for Kansas wheat and beef-cow operations, a dual risk model was used to determine multi-product and product-specific scale economies, and economies of scope. Estimates...

This study was carried out to investigate technical inefficiency of production among the food crop farmers of the National Directorate of Employment in Ondo state of Nigeria. The study considers translog stochastic frontier production functions in which the technical inefficiency effects are...

The risk attitudes of dry land wheat, irrigated corn, and dairy producers in Kansas are examined using the nonlinear mean-standard deviation approach. Results of analyses indicated that dryland wheat and dairy producers are characterized by increasing absolute and increasing relative risk...

The Michigan Agriculture Environmental Assurance Program (MAEAP) is a voluntary environmental program (VEP) initiated in 1999 by a coalition of state government agencies and agricultural, environmental and conservation groups in Michigan. We survey Michigan livestock producers and conduct...

The risk attitudes of dryland wheat and irrigated corn enterprises in Kansas have been examined in this paper using the nonlinear mean-standard deviation approach. Our results showed that dryland wheat enterprises are characterized by increasing absolute and increasing relative risk aversion....