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In this article we adapt Burtless and Hausman's (1978) methodology in order to estimate farmers' demand for irrigation water under increasing block-rate tariffs and empirically assess its effect on aggregate demand and inter-farm allocation efficiency. This methodology overcomes the technical...
Persistent link: https://www.econbiz.de/10014055307
Regulation regimes subject to the influence of interest groups are compared. It is shown that the allocation of the regulated commodity varies with the implemented control and that the advantage of prices (vs. quotas) increases with the elasticity of the demand for or the supply of the commodity...
Persistent link: https://www.econbiz.de/10014074616
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics.
Persistent link: https://www.econbiz.de/10005483851
We consider necessary and sufficient conditions for risk aversion to one risk in the presence of another non-insurable risk. The conditions (on the bivariate utility function) vary according to the conditions imposed on the joint distribution of the risks. If only independent risks are...
Persistent link: https://www.econbiz.de/10013109378
This paper proposes a novel non-parametric methodology for comparing total factor productivity (TFP) across countries and over time. It develops the principle of revealed superiority along the lines of Samuelson's principle of revealed preferences. Specifically, we compare the aggregate actual...
Persistent link: https://www.econbiz.de/10005716627
Helping to sustain a viable rural sector, rural tourism enjoys public support in many countries. We claim that due to club-good and agglomeration externalities in the rural accommodation market, public support should be integrated in a broader local development policy that regulates the number...
Persistent link: https://www.econbiz.de/10008533288
Persistent link: https://www.econbiz.de/10005135501
Persistent link: https://www.econbiz.de/10005136123
We consider the consequences of a shared brand name such as geographical names used to identify high quality products, for the incentives of otherwise autonomous firms to invest in quality. We contend that such collective brand labels improve communication between sellers and consumers, when the...
Persistent link: https://www.econbiz.de/10005061159
In this paper, we adapt Burtless and Hausman's (1978) methodology in order to estimate farmer's demand for irrigation water under increasing block-rate tariffs and empirically assess its effect on aggregate demand and inter-farm allocation efficiency. This methodology overcomes the technical...
Persistent link: https://www.econbiz.de/10005061164