Showing 91 - 100 of 116
An important issue of debate in economic base literature is whether the export-base theory applies best to the short run, the long run, or both. An attempt is being made here in answering this crucial question by applying a two-step test for cointegration on quarterly employment data, and in...
Persistent link: https://www.econbiz.de/10005807754
This paper expands on previous count data models for estimating demand thresholds for rural retail sector counts. A discrete normal distribution is used for dynamic analysis of rural retail establishment counts.
Persistent link: https://www.econbiz.de/10005807782
A demand function for grazing on western public rangelands is estimated. Since the federal government sets the grazing fee and rations the quantity of Animal Unit Months (AUMs), a disequilibrium market model is developed. The estimate of own-price elasticity of demand (-0.178) suggests a 0.82...
Persistent link: https://www.econbiz.de/10008537340
The input-output (IO) analysis explores changes in final demand through the regional economy using multipliers. However, it isn’t flexible to investigate the regional impact from the capacity limitations which are directly imposed on production, not final demand. This is because the...
Persistent link: https://www.econbiz.de/10004989144
As water resources in arid regions decline, agricultural producers are encouraged to adopt water conserving strategies. The implementation of alternative low-water use crops is one option, but is it economically feasible? Data on current and alternative crops for this study include enterprise...
Persistent link: https://www.econbiz.de/10005002251
In this article, a numerical stochastic dynamic programming model (SDP) is developed to characterize the decision problem of a rancher operating on rangelands in northern Nevada that are affected by invasive annual grasses and wildfire. The model incorporates decisions about herd size management...
Persistent link: https://www.econbiz.de/10005012692
Regional economic impact models are important tools used to analyze the impacts of policy changes to a regional, state, county, or local economies. The National Environmental Policy Act requires economic analysis in preparing environmental impact statements to show the effects of policy...
Persistent link: https://www.econbiz.de/10005061182
Persistent link: https://www.econbiz.de/10005686111
Technical efficiency of rural water utilities is determined using frontier production functions. An indirect production function is developed to model the two-step production process of a local government-controlled firm. Data from 26 rural Nevada water utilities are used to estimate...
Persistent link: https://www.econbiz.de/10005484170
Tritrichimonas foetus vaccine has been marketed since 1989 to combat the trichomoniasis disease that causes reproductive failure and considerable economic loss to Nevada ranchers. An ex post technology adoption model is estimated to examine the possible adoption rate, to identify the factors...
Persistent link: https://www.econbiz.de/10005484174