The aim of this paper is to analyze and determine the factors influencing fish demand in Tunisia during the 1975-2000 period. A Box-Cox transformation is used to select the appropriate functional form between linear and double-log models. Results indicate that the double-log form fits better the...

A hedonic approach is used to study farmland prices in Aragon (Spain). Data over 450 transactions in 33 shires, in 2001 and 2002 are analysed. The marginal values for irrigated vs. non-irrigated land, the productive orientation and the differentiation of production through a Designation of...

This paper analyses the constant elasticity of volatility (CEV) model suggested by Chan et al. (1992). The CEV model without mean reversion is shown to be the inverse Box-Cox transformation of integrated processes asymptotically. It is demonstrated that the maximum likelihood estimator of the...

This paper analyses the constant elasticity of volatility (CEV) model suggested by Chan et al. (1992). The CEV model without mean reversion is shown to be the inverse Box-Cox transformation of integrated processes asymptotically. It is demonstrated that the maximum likelihood estimator of the...

In this paper we apply Data Envelopment Analysis (DEA) to firm level data from various years of Annual Survey of Industry to obtain Pareto-Koopmans measures of technical efficiency in the Indian textile garments industry. The overall efficiency measure is multiplicatively decomposed into an...

This study investigates the determinants of crawfish consumption in South Louisiana using a generalized limited dependent variable model that accounts for both participation and consumption decisions. Income, Catholic, white, and household size increase the likelihood of crawfish consumption but...

In a regression model where a Box-Cox transformation is used on a positive independent variable X which appears only once in the equation, the effect of X on the dependent variable Y is either strictly increasing or decreasing over the whole range of X , since the transformation is a monotonic...

We point out that the simple slice sampler generates chains that are correlation-free when the target distribution is centrally symmetric. This property explains several results in the literature about the relative performance of the simple and product slice samplers. We exploit it to improve...

This paper analyzes weekly closing price data of the S&P 500 stock index and electrical insulation element lifetimes data based on generalized extreme value distribution. A new estimation method, modified maximum spacings (MSP) method, is proposed and obtained by using interior penalty function...

Unlike the residential market, in office space rental hedonistic price studies are few and far between. This paper sets out to show, for the first time, the application of hedonistic prices for the office rentals in the Paris region, over the 2002-2006 period. We offer a better understand on...