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| Claassen, Roger; Carriazo, Fernando; Cooper, Joseph C.; Hellerstein, Daniel. |
| Federal programs may encourage farmers to convert native grasslands—land that has never been cultivated — to production of corn, soybeans, and other crops, leading to potential losses of Northern Plains' native grasslands. Federally subsidized crop insurance reduces risk associated with crops grown on converted grasslands and, over time, increases average returns to production by making crop farming more attractive. Other programs, including Federal disaster assistance and marketing loan benefits, also reduce risk and increase returns to crop production on converted grasslands. While these programs can be important risk management tools for farmers, they may also result in unintended, environmentally damaging actions. |
| Tipo: Article |
Palavras-chave: Agricultural and Food Policy. |
| Ano: 2011 |
URL: http://purl.umn.edu/121013 |
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| Ghosh, Gaurav S.; Carriazo, Fernando. |
| We compare Least Squares, Maximum Likelihood and Bayesian approaches to estimation in a Hedonic context. The approaches are compared from theoretical and practical perspectives and from the viewpoint of a policy maker or urban planner. The approaches are applied to data on the property market in Bogota, Colombia. We find that no approach is unambiguously better than the others and recommend that choice of estimation technique should be predicated upon the characteristics of the policy problem at hand. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 2007 |
URL: http://purl.umn.edu/9916 |
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