The cow-calf industry has been in a contraction state since 2008 despite improved calf prices in 2010 and 2011 and what appeared to be a market signal toward expansion. Instead, 2012 and 2013 appear to be headed to two more years of contraction. We examine factors impacting a cow-calf...

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...