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A sustainable energy system is key for addressing the world’s environmental and social challenges. The U.S is the second largest consumer of energy, with increased energy consumption in the previous half-century. To curb energy demand, it is essential to understand the relative price...
Persistent link: https://www.econbiz.de/10014232602
This article demonstrates that normality test procedures that include individual detrending of short-term panel data can severely reduce the power of normality tests and strongly bias normality tests in a Type II direction. An alternative error component implicit detrending procedure is...
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Agricultural production is often exposed to several sources of risks, uncertainties and random shocks. These risks and random shocks make the evaluation the influence of policy interventions in the agricultural sector difficult due to the existence of limited data about random events....
Persistent link: https://www.econbiz.de/10014259656
This paper analyzes the demand for shrimp along with beef, pork, and chicken in the US food market, which contributes much to predicting supply strategies, consumer preferences and policy making. It focuses on the own and cross relationship between the expenditure share and price, income...
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The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 88, Number 2, May 2006.
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The impact of the price of capital, nonfarm employment opportunities, and returns in agriculture on farm size was analyzed. A 10 region panel model using data for 1950-2000 was used. The impact of agricultural government payments was also examined. The results demonstrated the capital-labor...
Persistent link: https://www.econbiz.de/10005801096