|
|
|
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Ahrendsen, Bruce L.. |
A dual cost function approach is developed as an alternative to time series and simplistic approaches for estimating farmers' expected operating rates of return on assets. A translog restricted cost function is estimated using data provided by 152 North Carolina dairy farmers over the period 1976 through 1986. The predicted costs from the fitted restricted cost function are used to construct estimates of farmers' expected operating rates of return on assets. The estimates from this structural approach explain more of the variation in observed rates than do time series estimates or sample mean observed rates. |
Tipo: Journal Article |
Palavras-chave: Estimating expectations; Rate of return; Translog cost function; Agricultural Finance. |
Ano: 1993 |
URL: http://purl.umn.edu/15042 |
| |
|
|
Morgenstern, Richard D.; Pizer, William A.; Shih, Jhih-Shyang. |
The possibility that workers could be adversely affected by environmental policies imposed on heavily regulated industries has led to claims of a "jobs versus the environment" trade-off by both business and labor leaders. The present research examines this claim at the industry level for four heavily polluting industries: pulp and paper mills, plastic manufacturers, petroleum refiners, and iron and steel mills. By focusing on labor effects across an entire industry, we construct a measure relevant to the concerns of key stakeholders, such as labor unions and trade groups. We decompose the link between environmental regulation and employment into three distinct components: factor shifts to more or less labor intensity, changes in total expenditures, and... |
Tipo: Working or Discussion Paper |
Palavras-chave: Jobs-environment trade-off; Distribution of environmental costs; Translog cost function; Labor and Human Capital; C33; D24; J40; Q28. |
Ano: 2000 |
URL: http://purl.umn.edu/10526 |
| |
|
|
|