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| Registros recuperados: 19 | |
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| Lambert, Dayton M.; Florax, Raymond J.G.M.; Cho, Seong-Hoon. |
| This research note documents estimation procedures and results for an empirical investigation of the performance of the recently developed spatial, heteroskedasticity and autocorrelation consistent (HAC) covariance estimator calibrated with different kernel bandwidths. The empirical example is concerned with a hedonic price model for residential property values. The first bandwidth approach varies an a priori determined plug-in bandwidth criterion. The second method is a data driven cross-validation approach to determine the optimal neighborhood. The third approach uses a robust semivariogram to determine the range over which residuals are spatially correlated. Inference becomes more conservative as the plug-in bandwidth is increased. The data-driven... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Spatial HAC; Semivariogram; Bandwidth; Hedonic model; Research Methods/ Statistical Methods; C13; C31; R21. |
| Ano: 2008 |
URL: http://purl.umn.edu/45964 |
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| Smed, Sinne; Hansen, Lars Garn. |
| In modern societies it seems that the pleasures of taste often encourage the consumption of fatty, salty and sweet foods, whereas growing health awareness discourages consumption of the same foods. Numerous studies find that education and diet healthiness are highly correlated and one possible explanation is that consumers with a longer education are better at understanding and appreciating the health implication of their diet than are consumers with a short education. In this study we estimate a hedonic model of consumer’s valuation of food characteristics that allows nutrients to influence utility both through their perceived effects on health and their effects on the taste of food. The model is estimated using purchase data from a consumer panel with... |
| Tipo: Presentation |
Palavras-chave: Hedonic model; Taste; Health; Food consumption; Food Consumption/Nutrition/Food Safety; D12; I12. |
| Ano: 2012 |
URL: http://purl.umn.edu/122730 |
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| Torell, L. Allen; Rimbey, Neil R.; Ramirez, Octavio A.; McCollum, Daniel W.. |
| The relative importance of income earning potential versus consumptive values in setting ranchland prices is examined using a truncated hedonic model. The market value of New Mexico ranches is related to annual income earning potential and other ranch characteristics including ranch size, location, elevation, terrain, and the amount of deeded, public, and state trust land on the ranch. We found ranch income to be a statistically important determinant of land value, but yet a relatively small percentage of ranch value was explained by income earnings. Ranch location, scenic view, and the desirable lifestyle influenced ranch value more than ranch income. |
| Tipo: Journal Article |
Palavras-chave: Consumptive value; Grazing fees; Grazing permit value; Hedonic model; Land value; Lifestyle agriculture; Public land grazing; Voluntary grazing permit buyout; Land Economics/Use. |
| Ano: 2005 |
URL: http://purl.umn.edu/30986 |
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| Smed, Sinne; Hansen, Lars Garn. |
| In modern societies consumers often face a trade-off between health and taste, the latter which encourages consumption of fatty, salty and sweet foods, whereas health awareness discourages consumption of the same food. The resulting diet, often rich in calories, sweeteners and fat constitutes a threat to public health as poor nutrition has been linked to several types of cancer, cardiovascular disease, diabetes, and osteoporosis as well as overweight and obesity. In this study we use the hedonic model as an outset to model consumer valuation of nutritional and non-nutritional characteristics of food consumption in a consistent way, accounting for that nutrients might influence utility both through health and through taste. This implies that a given... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Hedonic model; Taste; Health; Food consumption; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; D12; I12. |
| Ano: 2010 |
URL: http://purl.umn.edu/116390 |
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| Belayneh, Hailemariam Teklewold; Feye, Getachew Legese; Alemu, Dawit; Negassa, Asfaw. |
| The major objective of this paper is to identify determinants of market prices for cattle, sheep and goat in the export market value chain starting from pastoral markets to export abattoirs and live animal exporters. The study is based on the information generated through a formal survey conducted in the major pastoral livestock markets of Ethiopia with 128 collectors, small and big traders, feedlot operators, live animal and meat exporters. Hedonic price formation model was used to analyze the survey data. This study identified certain occasions such as Christian fasting, Muslim fasting, holidays and other times; time of a situation whether that specific month falls during ban time or not and season described as wet or dry season as important determinants... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock; Price formation; Hedonic model; Agricultural and Food Policy; Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 2009 |
URL: http://purl.umn.edu/51624 |
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| Lansford, Notie H., Jr.; Freeman, David W.; Topliff, Donald R.; Walker, Odell L.. |
| Yearling quarter horse prices are dependent upon a number of characteristics. Quantifiable genetic and macroeconomic variables for 5,295 sales from 1982-92 are used in a hedonic price model. Marginal values and discrete incremental prices are determined for 23 characteristics, 21 of which are found to be significant. The model’s fit implies it may be helpful for maximizing breeder returns. Overall, buyers pay substantial premiums if the yearling’s first dam or sire was a champion and if the sire or first dam previously produced a champion. Likewise, yearlings whose second and third dams are winners and producers of winners receive higher prices. Prices paid for fillies and older yearlings exceed those paid for clots, geldings, and younger horses. |
| Tipo: Journal Article |
Palavras-chave: Genetic characteristic; Hedonic model; Quarter horse; Race-bred; Yearling; Agribusiness; Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 1998 |
URL: http://purl.umn.edu/90443 |
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| Shrestha, Ram K.; Alavalapati, Janaki R.R.. |
| Recreational hunting has been an attractive enterprise for some ranchers who are interested in supplementing their income from cattle. Ranchland attributes-such as parcel size, tree cover, and proximity to urban centers-are expected to influence hunters’ preferences and, thus, hunting lease payments. We estimated the effects of these attributes on hunting revenues using a hedonic model. The results reveal that trees and vegetation cover on ranchlands have a positive impact on hunting revenues, indicating opportunities for silvopasture practices. Those ranchers in Florida who maintain about 22% trees and other vegetation cover receive $16.15 acre per year from hunting leases, but doubling the cover would generate only an additional $3.20 per acre per... |
| Tipo: Journal Article |
Palavras-chave: Hedonic model; Hunting lease; Land attributes; Silvopasture; Q23; Q24; Q26; Q51; Q57. |
| Ano: 2004 |
URL: http://purl.umn.edu/43475 |
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| Registros recuperados: 19 | |
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