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Adoption decisions and profitability of advanced breeding technologies are analyzed for U.S. dairy farms. The bivariate probit with selection model is used. Results show that specialized, younger, more educated farmers with longer planning horizons are more likely to adopt the technologies, with...
Persistent link: https://www.econbiz.de/10008922605
Online surveys have emerged as low-cost data collection approach in empirical researches; however, the validity of data remains questionable. Therefore, we employed a stochastic frontier estimation method to calibrate online recreational expenditure. Study results suggested the presence of...
Persistent link: https://www.econbiz.de/10005525705
Many methods are available to analyze rank ordered data. We used a spectral density analysis to identify most preferred options of Formosan Subterranean Termites (FST) control as ranked by Louisiana homeowners. Respondents are asked to rank four termite control methods form the most preferred...
Persistent link: https://www.econbiz.de/10008922508
Peanut paste/butter consumption frequency in the Republic of Uganda is analyzed using a household survey data. Estimation results from Zero-inflated Binomial regression conclude that education, household location, color of peanut paste, etc. are important. The ordinal logistic results conclude...
Persistent link: https://www.econbiz.de/10010880644
The magnitude of basis risk between Actual Production History (APH) and Group Risk Plan (GRP) contracts across corn farms in Illinois counties is estimated using pseudo-simulated yields with farm specific geospatial climate data. A two-step hierarchical Bayes small area estimator was used to...
Persistent link: https://www.econbiz.de/10010880647
While there is increasing interest in reducing obesity, relatively few of these efforts focus on rural communities. A multi-tiered model to reduce obesity risk factors was developed and implemented to change food behavior and health awareness in a rural West Texas community over a one year...
Persistent link: https://www.econbiz.de/10010880648
Improved software now makes Bayesian estimation a strong alternative to nonlinear maximum likelihood. Bayesian methods were used to estimate a linear response stochastic plateau for cotton and were shown to provide estimates similar to maximum likelihood. Optimal levels of nitrogen were lower...
Persistent link: https://www.econbiz.de/10010914977
Constant research efforts have been undertaken to create and adopt soybean varieties and farming practices that would lead to more drought-tolerant crops. Given that drought-tolerant crops are more stable in terms of price and supply, private genetic companies invest in those genetic materials...
Persistent link: https://www.econbiz.de/10010914997
Persistent link: https://www.econbiz.de/10010915009
During the financial downturn of 2008, asset classes that investors traditionally found to have low correlation with U.S. stocks became more highly correlated at the most inopportune time. Post-downturn, investors increasingly looked for alternative assets that offer diversification benefits,...
Persistent link: https://www.econbiz.de/10010915036