Existing studies on the economic impact of wildfire smoke have focused either on single fire events or entire fire seasons without distinguishing between individual occurrences. Neither approach allows for an examination of the marginal effects of fire attributes, such as distance and fuel type,...

The input-output (IO) analysis explores changes in final demand through the regional economy using multipliers. However, it isn’t flexible to investigate the regional impact from the capacity limitations which are directly imposed on production, not final demand. This is because the...

Although conventional linear regression techniques assume time constancy of parameters time varying coefficient or the problem of structural instability in econometric relationships has been recognized by econometricians. In this study, time varying impact of captive supply on fed cattle cash...

In quantitative research, direction of causality among the variables is often assumed without a rigorous test. In this study, the directed acyclic graph (DAG) method was used to illuminate causal relationships among fed cattle industry variables, in particular, it was shown that captive supply...

The objective of this paper is to identify the effect of livestock mandatory price reporting (MPR) on cattle cash prices. Using the lag augmented vector autoregression (LA-VAR) and the historical decomposition, we find that there exist a steady increase in cattle prices after MPR in 2001....

The hypothesis that regional size increases regional efficiency is tested in this study. Data Envelopment Analysis and the Directed Acyclic Graph were used to reveal the causal relationship between regional efficiency and region size in terms of population density. Region size and the...