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Registros recuperados: 52 | |
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Preckel, Paul V.. |
Mathematical measures of entropy as defined by Shannon (1948) and Kullback and Leibler (1951) are currently in vogue in the field of econometrics, primarily due to the comprehensive work by Golan, Judge, and Miller (1996). In this paper, an alternative interpretation of the entropy measure as a penalty function over deviations is presented. Using this interpretation, a number of parallels are drawn with least squares estimators, and it is demonstrated that, with a minor modification of the traditional least squares estimator, both approaches may be applied to the general linear model. The advantages and disadvantages of each approach are discussed, and a philosophical approach to the selection of estimation technique is suggested. |
Tipo: Working or Discussion Paper |
Palavras-chave: Entropy; Econometrics; Penalty functions; Estimation; Research Methods/ Statistical Methods. |
Ano: 1998 |
URL: http://purl.umn.edu/28625 |
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Ludena, Carlos E.; Hertel, Thomas W.; Preckel, Paul V.; Foster, Kenneth A.; Nin Pratt, Alejandro. |
There is considerable interest in projections of future productivity growth in agriculture. Whether one is interested in the outlook for global commodity markets, future patterns of international trade, or the interactions between land use, deforestation and ecological diversity, the rate of productivity growth in agriculture is an essential input. Yet solid projections for this variable have proven elusive particularly on a global basis. This is due, in no small part, to the difficulty in measuring historical productivity growth. The purpose of this paper is to report the latest time series evidence on total factor productivity growth for crops, ruminants and non-ruminant livestock, on a global basis. We then follow with tests for convergence amongst... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Malmquist index; Productivity; Convergence; Projections; Crops; Livestock; Productivity Analysis; D24; O13; O47; Q10. |
Ano: 2006 |
URL: http://purl.umn.edu/25392 |
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Hyde, Jeffrey; Martin, Marshall A.; Preckel, Paul V.; Buschman, Lawrent L.; Edwards, C. Richard; Sloderbeck, Phillip E.; Higgins, Randall A.. |
While most Corn Belt farmers consider planting Bt corn to control European corn borer, southwestern Kansas farmers must also take into account an array of other insect pests, including corn rootworm, spider mites, and southwestern corn borer. This research uses a decision analysis framework to estimate the expected economic value of Bt corn in southwest Kansas. Mean per acre Bt values ranged from $12.49 to $34.60, well above the technology fee assumed to be $14 per unit, or $5.25 per acre at a seeding rate of 30,000 seeds per acre. The minimum value over all scenarios was $8.69 per acre. Using Monte Carlo simulation, it was shown that European and southwestern corn borer infestation probabilities, expected corn price, and expected pest-free yields are... |
Tipo: Journal Article |
Palavras-chave: Bt corn; Decision analysis; European corn borer; Integrated pest management; Monte Carlo simulation; Southwestern corn borer; Crop Production/Industries. |
Ano: 2003 |
URL: http://purl.umn.edu/30721 |
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Yap, Crystal; Foster, Kenneth A.; Preckel, Paul V.; Doering, Otto C., III; Richert, Brian T.. |
Regulatory changes by federal and state agencies portend a switch from nitrogen-based livestock manure disposal policies to phosphorus-based policies. This paper estimates the compliance costs of such a policy change for a hypothetical hog-grain farm in North Central Indiana. The farm includes 1,500 acres of cropland and has the capacity to raise 11,970 grow-finish hogs annually. The farm model also as the potential to produce four different crops on six different land types. A nonlinear math-programming model was developed to determine the optimal mix of management activities for a phosphorus-based regulation. The model allows mitigation of compliance costs via the choice between four different pig diets, three alternative methods of manure disposal,... |
Tipo: Journal Article |
Palavras-chave: Environmental policy; Manure management; Pork production; Q18. |
Ano: 2004 |
URL: http://purl.umn.edu/42944 |
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Ahmed, Syud Amer; Preckel, Paul V.. |
Since the first half of the 20th century, the input-output (IO) table has been the backbone of much empirical work used to support policy analysis and develop economy-wide models. The need for accurate, up-to-date IO tables is thus essential for establishing the validity of the empirical work that follows from them. However, the construction of an IO table for any given country is an expensive and time-consuming endeavor. Current and accurate IO tables for many countries are thus often difficult to obtain on a regular basis. Once an initial IO table has been constructed, a common workaround is to collect partial information for subsequent periods, such as final demands for commodities within the economy, and then employ a Bayesian parameter estimation... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
Ano: 2007 |
URL: http://purl.umn.edu/9847 |
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Hertel, Thomas W.; Preckel, Paul V.; Cranfield, John A.L.; Ivanic, Maros. |
Poverty reduction is an increasingly important consideration in the deliberations over multilateral trade liberalization. However, the analytical procedures used to assess the impacts of multilateral trade liberalization on poverty are rudimentary, at best. Most poverty studies have focused on a single country using detailed household survey data. When it comes to multi-country, global trade liberalization analyses, researchers are forced to resort to a discussion of average, or per capita effects, suggesting that if per capita real income rises, then poverty will fall. As we show in this paper, such an inference can be misleading. Our paper combines results from a newly available international, cross-section consumption analysis for 1996, with earnings... |
Tipo: Working or Discussion Paper |
Palavras-chave: Food Security and Poverty; International Relations/Trade. |
Ano: 2001 |
URL: http://purl.umn.edu/28697 |
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Registros recuperados: 52 | |
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