The dual relationship between parameters of normalized quadratic cost and profit functions is determined when firms can implement market power on the output market. An approach is developed to test the market power by comparing the profits of a firm with and without market power. Simulations...

The paper examines the impact of MFIs on microenterprises in Ghana. Employing the financing constraints approach and using 2007 BEEPS data, supported with a Propensity Score Matching method, results indicate that unconstrained microenterprises are less sensitive to internal funds and thus MFIs...

Several data sets were utilized to estimate the direct effect of the veterinary medicine industry. Preliminary results indicate the total economic contribution of the veterinary medicine industry in Texas was 3.85 billion in 2011. Over 44,000 Texas employees and $1.67 billion in annual wages can...

This article assesses the impact of credit constraints on housing demand with price and expenditure treated as endogenous variables. Using AIDS model, we find the model without controlling for endogeneities tends to underestimate the impact of credit constraint on the budget shares and the...

Choice of payment vehicle (PV) is important to contingent-valuation practitioners. They are often left using scenarios that may elicit bias responses; for example hypothetical gate fees in open access areas. Utility bills may avoid bias, but introduce a scaling problem. A survey of north-Florida...

Seafood processor preferences for hiring employees are explored in light of references, wages, and immigrant situations. The objectives of this study are to determine the relative importance of labor attributes, and to identify distinct clusters of processors in terms of preference for immigrant...

This study uses a simulation approach to determine the economic viability of two different production systems in the Texas Southern High Plains. Results show that a traditional cotton monoculture system is more profitable, although integrated cotton/forage/livestock systems require less water.

Feedlot dust control is an important issue in the Texas High Plains. Water application, with either a solid-set or a water truck sprinkler system, is the most common method of dust control. An analysis conducted suggests the economically optimal system depends on length of ownership, inflation,...