Consulta: subjectFacets:"Joint estimation"
Registros recuperados: 3
Data/hora: 27/07/2024 06:41:43

A Joint Estimation Method to Combine Dichotomous Choice CVM Models with Count Data TCM Models Corrected for Truncation and Endogenous Stratification
Provedor de dados: 31
Autores: Gonzalez,   Juan Marcos; Loomis,   John B.; Gonzalez-Caban,   Armando.
We update the joint estimation of revealed and stated preference data of previously published research to allow for joint estimation of the Travel Cost Method (TCM) portion using count data models. The TCM estimation also corrects for truncation and endogenous stratification as well as overdispersion. The joint estimation allows for testing consistency of behavior between revealed and stated preference data rather than imposing it. We find little gain in estimation efficiency, but our joint estimation might make a significant improvement in estimation efficiency when the contingent valuation scenarios involve major changes in site quality not reflected in the TCM data.
Tipo: Journal Article
Palavras-chave: Contingent valuation models; Joint estimation; Nonmarket valuation; Recreation; Travel cost models; Agribusiness; Demand and Price Analysis; Productivity Analysis; Q51.
Ano: 2008
URL: http://purl.umn.edu/47207

STOCHASTIC TECHNOLOGY, RISK PREFERENCES AND ADOPTION OF SITE-SPECIFIC TECHNOLOGIES
Provedor de dados: 31
Autores: Isik,   Murat; Khanna,   Madhu.
This paper develops a model of farmer decision-making to examine the extent to which uncertainties about the performance of site-specific technologies (SSTs) and about the weather impact the value of these technologies. The model uses the jointly estimated risk and technology parameters to examine the impacts of SSTs on returns and nitrogen pollution. The availability of uncertain soil information and production uncertainty can lead risk-averse farmers to apply more fertilizers and generate more pollution. Ignoring the impact of uncertainty and risk preferences of farmers leads to a significant overestimation of the economic and environmental benefits of SSTs and underestimation of the required subsidy for inducing adoption of SSTs. The model that accounts...
Tipo: Conference Paper or Presentation
Palavras-chave: Spatial variability; Risk preferences; Joint estimation; Uncertainty; Technology adoption; Nitrogen runoff; Research and Development/Tech Change/Emerging Technologies.
Ano: 2002
URL: http://purl.umn.edu/19858

REVENUE IMPACTS OF MPP BRANDED FUNDS: A FIRM LEVEL ANALYSIS
Provedor de dados: 31
Autores: Jakus,   Paul M.; Jensen,   Kimberly L.; Davis,   George C.
The USDA recently redirected the Market Access Program (MAP) to allocate all branded products export promotion funds to small firms and cooperatives.  The redirection was, in part, a response to reports by the General Accounting Office that were critical of past allocations of export promotion funds to large, experienced exporters.  This study uses a firm level analysis to examine firms’' effectiveness in using Market Promotion Program (MPP, which is now the MAP) funds to increase revenues.  Whereas point estimates suggested that smaller firms were more effective in translating MPP funds into increased revenue than larger firms, these point estimates for small firms were statistically indistinguishable from zero.  In contrast, large firms showed an...
Tipo: Conference Paper or Presentation
Palavras-chave: Export promotion programs; Export sales; Export revenues; Market Promotion Program; Firm-level analysis; Joint estimation; Financial Economics.
Ano: 2000
URL: http://purl.umn.edu/21764