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Persistent link: https://www.econbiz.de/10005503686
The Evolution of California Agriculture 1850-2000, by Alan L. Olmstead and Paul W. Rhode; Cross Sections of a Diverse Agriculture: Profiles of California's Agricultural Production Regions and Principle Commodities, by Warren E. Johnston; The Measure of California Agriculture and Its Importance in...
Persistent link: https://www.econbiz.de/10005513413
The primary purpose of this paper is to provide updated estimates of domestic own-price, cross-price and income elasticities of demand and estimated price elasticities of supply for various California commodities. Flexible functional forms including the Box-Cox specification and the nonlinear...
Persistent link: https://www.econbiz.de/10005513644
Genetic modification of crops has revolutionized food production, but it remains controversial due to food safety concerns. A recent food safety scare provides a natural experiment on the market's willingness to accept an increase in perceived risk from genetically modified (GM) food. We analyze...
Persistent link: https://www.econbiz.de/10005513650
Persistent link: https://www.econbiz.de/10005513811
In commodity futures markets, contracts with various delivery dates trade simultaneously. Applied researchers typically discard the majority of the data and form a single time series by choosing only one price observation per day. This strategy precludes a full understanding of these markets and...
Persistent link: https://www.econbiz.de/10005468660
We utilize an unusual data set, involving fifteen tomato growers over four years, to analyze the impact of incentive contracts on behavior. Each grower delivers processing tomatoes under a price incentives contract and for a fixed price per ton. Our comparison of the quality of the tomatoes...
Persistent link: https://www.econbiz.de/10005468669
Increasing size of establishments and resulting concentration in US industries may stem from various types of cost economies. In particular, scale economies arising from technological factors embodied in plant and equipment may be a driving force for such market structure changes. In this case...
Persistent link: https://www.econbiz.de/10011098012
The U.S. avocado industry has evolved from an emphasis on seasonal domestic production of a mix of avocado varieties to year-round availability of domestic and imported Hass avocados. California avocado producers, who account for approximately 90% of U.S. avocado production and essentially all...
Persistent link: https://www.econbiz.de/10010908317
After several years of informal and formal negotiations, South Korea and the United States reached an agreement to move towards free trade in April 2007. Currently, both countries await congressional approval before the agreement can be implemented. This study explains the substance of the...
Persistent link: https://www.econbiz.de/10010917788