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and this is a problem when estimating log-linear gravity equations. This has caused many researchers to either ignore the zero trade flows or to replace the zero with a small positive number. Both of these actions bias the resulting parameter estimates of the gravity equation. In this study we...
Persistent link: https://www.econbiz.de/10009351548
When analyzing bilateral trade flow data, zero trade flows are quite common and problematic when a gravity equation is estimated with a log-linear functional form. This has caused many researchers to either ignore the zero trade flows or to replace zero with a small positive number. Both of...
Persistent link: https://www.econbiz.de/10008530400
Regulations relating to disease management have traditionally been an important component of the overall environment in which international trade in agriculture products occurs. The World Trade Organization (WTO) Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement)...
Persistent link: https://www.econbiz.de/10005802817
Regulations relating to disease management have traditionally been an important component of the overall environment in which international trade in agriculture products occurs. The World Trade Organization (WTO) Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement)...
Persistent link: https://www.econbiz.de/10005804970
Persistent link: https://www.econbiz.de/10008564583
Persistent link: https://www.econbiz.de/10010882177
In 2011, the Canadian Agrifood Policy Institute released an report highlighting the importance of the agrifood sector to the economy and concluded by stating the need for Canada to double the dollar value of agrifood exports to ensure the viability of the system. This paper seeks to estimate...
Persistent link: https://www.econbiz.de/10010882178
Persistent link: https://www.econbiz.de/10010920251
This study estimates the impact of changes in market returns and government payments on farmland values across Canada using data from 1959 to 2009. A recursive simultaneous equation model is estimated to account for the counter-cyclical relationship between market returns and government...
Persistent link: https://www.econbiz.de/10010920255
This document provides an index and a guide to the activities of the North American Agrifood Market Integration Consortium (NAAMIC) and its predecessor organization the Policy Disputes Information Consortium (PDIC). The first meeting of the group took place in Rio Rico, Arizona in March 1995 and...
Persistent link: https://www.econbiz.de/10005310627