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Labor productivity is measured for each of 4 selected years for each of four components of personal consumption expenditures for food: food purchased for off-premises consumption, purchased meals and beverages, food furnished Government and commercial employees, and food produced and consumed on...
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US agricultural economic growth in this century has been characterized by a slow rise in the demand for food and faster growth in farm output as against nonfarm productivity. In such an environment, one expects the size of the farm sector to decline as a share of the rest of the economy. What is...
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We use a vector autoregression analysis of corn price, farm poultry price, and consumer poultry (meat) price for two periods, a mid-1950's to late 1960's period and an early 1970's to mid-1980's period. We explored the dynamic aspects of the estimated price transmission models of these two...
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When using input-output analysis to measure the effect of exogenous changes in the value of final demand, it is important to identify the degree to which the change in value is due to changes in prices or to changes in the volume of demand. A modified input-output model is presented to...
Persistent link: https://www.econbiz.de/10010919559
Grafting an adjustment equation onto an input-output based projection model improves the predictive performance of the unadjusted model and results in a relatively sensitive estimator of both the level of and changes in nominal and real gross farm product.
Persistent link: https://www.econbiz.de/10010919700