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A two-stage budgeting LES-LA/AIDS system is sued to estimate rural household demand in China with special emphasis on changes in demand for fruit and vegetable commodities across different income groups. The own-price elasticity for food was found to be more elastic than that for clothing,...
Persistent link: https://www.econbiz.de/10005041410
A two-stage budgeting model using Chinese rural survey data is used to assess rural Chinese household food demand. The second-step includes 11 categories including 4 vegetable groups and 3 fruit groups. The results indicate that grains are still important staple foods and that vegetables are...
Persistent link: https://www.econbiz.de/10005536433
The September 11th event focused the world's attention on the threat of bioterrorism to the food chain. As a consequence, the U.S. implemented the Bioterrorism Act (BTA). These new administrative import rules will be evaluated regarding WTO conformity and trade impact. This analysis is based on...
Persistent link: https://www.econbiz.de/10005525712
A two-stage budgeting LES-LA/AIDS system is used to estimate rural household demand in China with special emphasis on changes in demand for fruit and vegetable commodities across different income groups. The own-price elasticity for food was found to be more elastic than that for clothing,...
Persistent link: https://www.econbiz.de/10014053676
An adaptive estimator is proposed to optimally estimate unknown truncation points of the error support space for the general linear model. The adaptive estimator is specified analytically to minimize a risk function based on the squared error loss measure. It is then empirically applied to a...
Persistent link: https://www.econbiz.de/10005220403
In this paper, we identified the most desirable farm income risk management strategies for two rotation systems in the Pacific Nowthwest(PNW)area under a framework of expected utility maximization. Insurance programs available to PNW farmers and wheat futures market instruments are included in...
Persistent link: https://www.econbiz.de/10005220404