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This article summarizes the conceptual development and empirical implementation of the travel cost recreation demand model by (J) describing its theoretical underpinnings, (2) outlining how theory must be adapted for the needs imposed by available data. (3) explaining issues to be considered in...
Persistent link: https://www.econbiz.de/10009444640
The aggregate approach to the evaluation ofproduction oriented expenditure in the UnitedStates has consistently shown high rates ofreturn to agricultural research investments.These efforts, while showing the value of agricultural research, are limited in the information they can provide policy...
Persistent link: https://www.econbiz.de/10009444672
Much research work has been conducted in recentyears to evaluate the effects of researchand extension.2/ Some of these efforts were conductedat the national aggregate level, whileothers were conducted at the regional or communitylevels. The methodologies used in thosestudies varied, but most of...
Persistent link: https://www.econbiz.de/10009444679
This paper stresses that innovation in Hungary leaves something to be desired, and a perpetual lack ofinnovation also applies to the agro-food sector which, of course, consequently weakens the nation’s generalcompetitiveness.The 2007-2013 period and the subsequent resources provided by the EU...
Persistent link: https://www.econbiz.de/10009444683
This study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit, productivity, and exporting in the Korean manufacturing sector. We verify many of the predictions of recent heterogeneous-firm models of international trade. For example, falling...
Persistent link: https://www.econbiz.de/10009444690
This version of the paper is subject to changes.
Persistent link: https://www.econbiz.de/10009444727
The focus of the microeconomic technology adoption literature has been on the adoption and diffusion of new innovations: who adopts, and when they adopt. Implicit in the literature is that consumers will embrace the product that results from the use of the new technology. If producers have...
Persistent link: https://www.econbiz.de/10009444743
Genetically modified (GM) crops have been largely adopted in major exporting countriesthereby representing a dominant share of a few key agricultural commodities that aretraded in international markets. Regulatory reviews and approvals for the cultivation andmarketing of GM crops, however, are...
Persistent link: https://www.econbiz.de/10009444744
With declining Irish potato production trends in Kenya this paper identifies and analyses factors that influence the economic efficiency of smallholder Irish potato producers in Kenya by drawing on data from random sample of 130 smallholder farmers from Nyandarua North district. A dual...
Persistent link: https://www.econbiz.de/10009444755
When there is a correspondence between two logical systems, duality can be used to derivea correspondence between results in one system and results in another system (Russell andWilkinson, 1978). Under appropriate regularity conditions, dual functions such as normalizedprofit functions in...
Persistent link: https://www.econbiz.de/10009444765