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The impact of the price of capital, nonfarm employment opportunities, and returns in agriculture on farm size was analyzed. A 10 region panel model using data for 1950-2000 was used. The impact of agricultural government payments was also examined. The results demonstrated the capital-labor...
Persistent link: https://www.econbiz.de/10005801096
Using a non-parametric linear programming approach, our contribution is (1) to examine if efficiency gains in hog production are realized due to vertical integration and (2) to demonstrate the efficiency gains that are realized are a product of economies of scope and scale. The model uses U.S....
Persistent link: https://www.econbiz.de/10005803129
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This paper examined crop machinery investment and cost benchmarks for a sample of Kansas farms. Crop machinery benchmarks varied widely among the farms. On average, crop machinery investment and cost were $227 and $82, respectively. Crop machinery investment and cost were significantly...
Persistent link: https://www.econbiz.de/10011167509
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A central theme of international trade research has been the impact of trade liberalization on productivity. Early literature on this theme points out that trade liberalization brings resource/organizational adjustment across industries and this adjustment enhances productivity. A traditional...
Persistent link: https://www.econbiz.de/10010880859
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The article offers measures of own and cross cost pass-through in a structural framework. Unlike the traditional reduced-form analysis used in the previous literature, our approach is applicable in situations where firm marginal cost data are unobserved. The empirical value of the model is...
Persistent link: https://www.econbiz.de/10010881009
The purpose of this paper is to examine the impact of bilateral imperfect competition between processors and retailers and of import supply on optimal advertising intensity, advertising expenditures, and checkoff assessment rates. First, comparative static analyses were conducted on the newly...
Persistent link: https://www.econbiz.de/10010881011
A coupon is a ticket or document that can be exchanged for a direct financial discount when purchasing a specific product, or a total amount of goods in a certain store. Coupons are usually issued by manufacturers of packaged goods or by retailers, to be used as a part of sales promotions. As...
Persistent link: https://www.econbiz.de/10010881033