The aim of this study was to empirically determine the factors that affect smallholder farmers’ demand for purchased fertilizer and seed using cross section data from 160 farmers. Model solutions, which were created by using Translog Cost Function were carried out by Seemingly Unrelated...

Any demand equation satisfying Lau’s (1982) Fundamental Theorem of Exact Aggregation and is 0 homogeneous in prices and income will have a Gorman (1981) functional form for each income term. This property does not depend on symmetry or adding up. The implications of this result are...

This paper investigates the large and unexpected increase in cigarette prices that followed the 1997 Master Settlement Agreement (MSA). We integrate key features of rational addiction theory into a discrete-choice model of the demand for a differentiated product. We find that following the MSA...

The issue of food security, especially in a developing nation like India, raises the twin problems of uncertain food production and unequal food distribution. The impact of unequal food distribution can have adverse effects on the rural and urban population living below the poverty line. Food...

The objective of this paper is to propose a multidisciplinary approach for the analysis of demand and innovation. It combines insights from studies on technology diffusion, evolutionary economics and cognitive psychology to argue that consumption and demand are learning processes driven by...

In order to fully understand Syrah wine market in Italy both supply and demand need to be studied. While supply is analyzed with the simple (benchmarking) comparison of the descriptive statistics between Syrah Italian wines and other high quality red Italian wines, the demand is studied...

Using Japanese panel data for 2006-2009, this study attempts to examine how the pass rate of law school students taking the new bar examination influences the number of applicants for the law school in the following years. The major finding is that the higher the law school student pass rate,...

In countries where tools of economic control are immature and disabled due to totalitarian systems, macroeconomic analyses for aggregate quantities and relationships, such as total consumption, investment, and government expenditures represents a difficult task. The practice of aggregation...

This paper specifies a vertically differentiated products model for a product with a discrete/continuous choice. The model is easily estimated with the relatively limited data used in classical demand equation estimation, supplemented by readily available market characteristics data. The model,...

Tourism is a major economic activity and one of the most important income sources for Italy. In recent years, tourism supply is widely changing and rural tourism is growing fast. Studies on agritourism are increasing in number, but the determinants of the international demand for rural tourism...