Analysts frequently adjust price, income, or other data to eliminate the influence of inflation or difference in size The authors of this article examine economic and statistical reasons for deflating time-series and cross-sectional data prior to estimating demand relations Signs and magnitudes...

Geographic Information Systems (GIS) are becoming increasingly important to virtually all of the natural and social sciences. Applied economists will find that GIS can make valuable contributions to many of the problems with which they are concerned. Moreover, a great deal of the science behind...

In increasing numbers, communities that rely on groundwater for drinking supplies have discovered contamination from agricultural pesticides and herbicides, road salt, underground fuel storage, and septic systems. A variety of short- and long-run remedies are available with highly uncertain...

This article adds to the information base concerning the applicability of mean- Gini stochastic efficiency analysis in agriculture. The mean-Gini efficient set of decisions is characterized rigorously in terms of its corresponding absolute risk aversion. In an empirical analysis, the mean-Gini...