Showing 61 - 70 of 166
Binary logit regression models were used to estimate factors affecting adoption of recommended management practices. Variables analyzed include aspects of farm structure, human capital, farm objectives, and production system employed by the producer. Results reveal that operation size and...
Persistent link: https://www.econbiz.de/10008518938
A review of recent literature reflects the development of several deterministic nonparametric market power tests. We use Monte Carlo experiments to evaluate the veracity of four monopolistic and four monopsonistic market power tests that use the deterministic nonparametric approach. The...
Persistent link: https://www.econbiz.de/10005220449
Parametric and nonparametric market power tests most commonly used to assess imperfectly competitive behavior are identified. Monte Carlo experiments are used to assess the accuracy of eight nonparametric tests. The results are compared to Raper, Love, and Shumway's (1997) findings concerning...
Persistent link: https://www.econbiz.de/10005338802
Structural models used to measure market power, though widely employed, continue to be criticized. We compare alternative market power tests, including nonparametric and Solow residual-based (SRB) tests. We develop SRB methods that permit nested testing for both monopolistic and monopsonistic...
Persistent link: https://www.econbiz.de/10005290926
Persistent link: https://www.econbiz.de/10005310799
A review of recent literature reveals the development of several deterministic non-parametric (DNP) tests of market power. The performance of selected DNP market power tests is ascertained to determine their usefulness as an alternative to data-hungry parametric market power tests. This...
Persistent link: https://www.econbiz.de/10005283095
The utilization of marketing programs to enhance feeder calf value has been met with modest success in Oklahoma. Value-added programs are continually promoted as avenues for improving cow-calf profitability, but producer adoption of value-added practices lags in spite of research showing the...
Persistent link: https://www.econbiz.de/10009421075
Food expenditures and subsistence quantities of poverty status and non-poverty status US households are analysed within a Linear Expenditure System that postulates subsistence quantities to be linear combinations of demographic variables. Using the US Bureau of Labor Statistics' 1992 Consumer...
Persistent link: https://www.econbiz.de/10009209901
As the 1998 U.S. hog market collapse unfolded, Thorn Apple Valley ceased hog slaughter operations at its Detroit, Michigan plant. We examine the impacts on Michigan live hog prices relative to Eastern Corn Belt hog prices. Results indicate that Michigan producers' relative price advantage...
Persistent link: https://www.econbiz.de/10010613757
Structural models used to measure market power, though widely employed, continue to be criticized. We compare alternative market power tests, including nonparametric and Solow residual-based (SRB) tests. We develop SRB methods that permit nested testing for both monopolistic and monopsonistic...
Persistent link: https://www.econbiz.de/10009392296