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Tobit regression to estimate impact of EU market intervention in dairy sector AgEcon
Wocken, Meike; Kneib, Thomas.
This study examines the effect of European intervention politics in the European butter market in the context of market liberalization using the example of Germany. A heteroscedastic Tobit model is estimated using German butter market data from 1973-2010. There is evidence that price support has reduced price instability in the butter market. Simulation indicates that enhancing intervention price causes an increase in the expected butter price in the long-run, even though if market price is higher than intervention level. We find changing effects of stockpiling. If difference between market and intervention price is small and stock quantity is high, it significantly contributes to reducing price volatility. On the contrary if price difference is large and...
Tipo: Presentation Palavras-chave: Censored regression; Market liberalization; Butter market; Agricultural and Food Policy; Risk and Uncertainty; C5; D4; Q11..
Ano: 2012 URL: http://purl.umn.edu/122528
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Evaluation of eLearning - A study of Undergraduate Agricultural Economics course AgEcon
Wocken, Meike; Jens-Peter, Loy.
In this study we evaluate the combination of traditional classroom education with additional content and support provided by an online Learn Content Management System (LCMS). Main focuses are individual learning characteristics and eLearning aspects. Findings are that not all dimensions of eLearning success meet the expected outcomes. Using achieved scores in examinations to measure successful application of eLearning is suitable only to a limited extent. eLearning objectives have to be defined with respect to eLearning's target group.
Tipo: Conference Paper or Presentation Palavras-chave: Evaluation methodologies; ELearning process management; Teaching / learning strategies; Teaching/Communication/Extension/Profession.
Ano: 2011 URL: http://purl.umn.edu/115764
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