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This article implements the profit change decomposition methodology developed by Grifell-Tatje and Lovell (1999). Profit change over time is first decomposed into a price effect and a quantity effect; the quantity effect is then decomposed into a productivity effect and an activity effect; in...
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The parameters of an output distance function are estimated utilising unbalanced panel data from 300 UK dairy farms. Potential nitrate contamination of groundwater is modelled within the production process as an undesirable output and shadow prices (which can be interpreted as marginal abatement...
Persistent link: https://www.econbiz.de/10005807313
The effect of consumers’ compliance with nutritional recommendations is uncertain because of potentially complex substitutions. To lift this uncertainty, we adapt a model of consumer behaviour under rationing to the case of linear nutritional constraints. Dietary adjustments are thus derived...
Persistent link: https://www.econbiz.de/10011240611
The paper develops a framework combining a model of rational behaviour under dietary constraints, an epidemiological model of diet-related mortality, and a life-cycle-analysis model of environmental impact, which permits the ex-ante assessment of dietary recommendations in multiple...
Persistent link: https://www.econbiz.de/10011240623
Anticipating the impact of changes in economic incentives on dietary quality and nutritional health requires knowledge of how physical quantities of food consumed respond to price and income variations. A problem arises, however, because physical quantities are: (1) not consistent aggregates in...
Persistent link: https://www.econbiz.de/10008679489
We combine natural science modelling and valuation techniques to present economic analyses of a variety of land use change scenarios generated for the UK National Ecosystem Assessment. Specifically, the agricultural, greenhouse gas, recreational and urban greenspace impacts of the envisioned...
Persistent link: https://www.econbiz.de/10010862822