Showing 1 - 5 of 5
Binary logit regression models were used to estimate factors affecting adoption of recommended management practices. Variables analyzed include aspects of farm structure, human capital, farm objectives, and production system employed by the producer. Results reveal that operation size and...
Persistent link: https://www.econbiz.de/10008518938
Parametric and nonparametric market power tests most commonly used to assess imperfectly competitive behavior are identified. Monte Carlo experiments are used to assess the accuracy of eight nonparametric tests. The results are compared to Raper, Love, and Shumway's (1997) findings concerning...
Persistent link: https://www.econbiz.de/10005338802
We use Monte Carlo experiments to assess the accuracy of two nonstructural and two statistical nonparametric market power tests. We implement these monopoly and monopsony market power tests using data from ten known market structures. The objective is to determine which test is most able to...
Persistent link: https://www.econbiz.de/10005806451
Over the past fifteen years, the agricultural biotechnology industry has exhibited cyclical behavior in concentration and consolidation. This paper provides a theoretical model of endogenous R&D, in which industry concentration exhibits cyclical behavior. The model also generates additional...
Persistent link: https://www.econbiz.de/10005476377
Today is a time of dynamic structural change in the agri-food system that brings new challenges to producers. This change is not unique to any particular production sector within the system, nor is it restricted to one level within the agri-food marketing chain. This testimony describes the...
Persistent link: https://www.econbiz.de/10005476416