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Registros recuperados: 11
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Two-Stage Agricultural Import Demand Models Theory and Applications 31
Carter, Colin A.; Green, Richard D.; Pick, Daniel H..
The Armington trade model distinguishes commodities by country of origin and import demand is determined in a separable two-step procedure. The Armington framework has been applied to numerous international agricultural markets with the objective of modelling import demand. The purpose of this paper is to test the Armington assumptions of homotheticity and separability with data from the international wheat market. The empirical results overwhelmingly reject these assumptions. This has important implications for international trade modelling.
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 1988 URL: http://purl.umn.edu/51246
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AN EVALUATION OF ECONOMETRIC MODELS OF U.S. FARMLAND PRICES 31
Pope, Rulon D.; Kramer, Randall A.; Green, Richard D.; Gardner, B. Delworth.
Previously published empirical models of U.S. farmland prices are reviewed and reestimated including recent data. It is apparent that structural changes have occurred. A simple single equation econometric model with less economic structure appears to forecast better than a simultaneous equation model. Finally, Box-Jenkins forecasts are roughly as good as those based upon a simultaneous equation econometric model, but somewhat inferior to the single equation model. The results suggest that further research may be needed to explain recent movements of farmland prices.
Tipo: Journal Article Palavras-chave: Land Economics/Use.
Ano: 1979 URL: http://purl.umn.edu/32436
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SOME EMPIRICAL METHODS OF ESTIMATING ADVERTISING EFFECTS IN DEMAND SYSTEMS: AN APPLICATION TO DRIED FRUITS 31
Green, Richard D.; Carman, Hoy F.; McManus, Kathleen.
Two different methods of incorporating advertising effects into Almost Ideal Demand Systems (AIDS) are presented. Both advertising schemes are designed to allow theoretical restrictions to hold globally rather than at particular sample points. The models are estimated for California figs, prunes, and raisins. Empirical results indicate that generic advertising effects for these three dried fruits are generally weak when compared to price and total expenditure effects. Estimated cross-commodity effects also are relatively small except for the negative effect of raisin advertising on the quantity of prunes demanded.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Marketing.
Ano: 1991 URL: http://purl.umn.edu/32627
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Determinants of farmer adoption of organic production methods in the fresh-market produce sector in California: A logistic regression analysis 31
Anderson, Jamie B.; Jolly, Desmond A.; Green, Richard D..
This research uses binomial and multinomial logistic regression models to identify the factors that influence farmers’ adoption of organic technology. Using a sample of 175 farmers growing fresh-market produce in three California counties, the first model examines farmers’ choice between conventional-only and organic-only production. The second model compares conventional-only and "dual-method" (combined conventional and organic) production, while the third model employs all three choices in a multinomial model. These results, which indicate that gross sales, direct marketing, number of crops and acres, farmer age, and computer usage are significant determinants, have implications on policies that regulate the organic foods sector.
Tipo: Conference Paper or Presentation Palavras-chave: Production Economics.
Ano: 2005 URL: http://purl.umn.edu/36319
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JOINT COSTS IN MEAT RETAILING 31
Hahn, William F.; Green, Richard D..
A dynamic econometric model relating wholesale meat prices to retail prices and wholesale meat demand is estimated using monthly data on U.S. prices and quantities of beef, pork, and chicken. The hypothesis that meat retailing costs are separable is rejected; that is, the data support joint costs in meat retailing. The hypothesis that there are fixed proportions between wholesale meat inputs and retail meat outputs is accepted.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 2000 URL: http://purl.umn.edu/30840
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USE OF PRINCIPAL COMPONENT ATTRACTIVENESS INDEXES IN RECREATION DEMAND FUNCTIONS 31
Wetzstein, Michael E.; Green, Richard D..
The method of principal components is used to construct attractiveness indexes for existing and proposed wilderness areas in California. Rankings of areas based on this procedure are compared with those based on size and the subjective attractiveness index developed by the Forest Service. The derived indexes are then used to develop alternative opportunities variables that appear as explanatory variables in outdoor recreation demand functions. Results indicate that substantially better explanatory capacity can be achieved over alternative measures by including a competitive factor in the demand functions. The paper concludes by considering the substitution effects of introducing new wilderness areas into the system.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1978 URL: http://purl.umn.edu/32405
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U.S. Consumer Behavior over the Postwar Period: An Almost Ideal Demand System Analysis 31
Blanciforti, Laura Ann; Green, Richard D.; King, Gordon A..
This study analyzes U.S. consumer budget allocations among 11 aggregate commodity groups for the period 1948-78. Also budget allocations among four food groups are analyzed for this same period. Several alternative model specifications are analyzed. Emphasis is given to the Deaton-Muellbauer (1980a) "almost ideal demand system." A dynamic version of their model is developed and quantified. Comparison of the static and dynamic formulations are compared with similar specifications for the "linear expenditure system." The predictive performance of these four models for the 11 commodity groups is tested for the sample period (1948-78) and for the years 1979-81. The purpose of this study was to develop improved methods for analyzing demand relationships for...
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis; Institutional and Behavioral Economics.
Ano: 1986 URL: http://purl.umn.edu/11939
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Welfare Reform in Agricultural California 31
Green, Richard D.; Martin, Philip L.; Taylor, J. Edward.
When welfare reforms were enacted in 1996, a higher than average percentage of residents in the agricultural heartland of California, the San Joaquin Valley, received cash assistance. Average annual unemployment rates during the 1990s ranged from 12% to 20%, and 15% to 20% of residents in major farming counties received cash benefits. This analysis develops and estimates a two-equation cross-sectionally correlated and timewise autoregressive model to test the hypothesis that in agricultural areas, seasonal work, low earnings, and high unemployment, as well as few entry-level jobs that offer wages and benefits equivalent to welfare benefits, promote welfare use and limit the potential of local labor markets to absorb ex-welfare recipients.
Tipo: Journal Article Palavras-chave: Cross-sectionally correlated and timewise autoregressive model; Farm workers; Immigration; Welfare reform; Public Economics.
Ano: 2003 URL: http://purl.umn.edu/30715
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ESTIMATION OF EXPORT DEMAND FUNCTIONS FOR U.S. WHEAT 31
Konandreas, Panos A.; Bushnell, Peter G.; Green, Richard D..
Export demand functions for U.S. wheat were estimated for five world regions. Estimates of the effects of income, price, and nonprice variables on U.S. wheat exports were obtained using various econometric procedures. The major finding of the paper indicates that exchange rate changes have had a substantial impact on U.S. wheat exports. This result, conditioned on the aggregative nature of the study, supports the belief expressed by some researchers in recent years.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 1978 URL: http://purl.umn.edu/32402
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A NOTE ON THE BOX-COX TRANSFORMATION UNDER HETEROSKEDASTICITY 31
Blaylock, James R.; Salathe, Larry E.; Green, Richard D..
The Box-Cox transformation (BCT) has been frequently used as both a flexible functional form and as a decision device to distinguish among alternative model specifications. Most researchers have failed to recognize that the BCT when applied to the dependent variable can compensate for heteroskedasticity. This paper investigates a new procedure which estimates both the BCT parameters and the analytic form of heteroskedasticity. Results from the new procedure are compared to estimates obtained from the traditional method of estimating BCT models. Comparisons indicate that proper specification of the error variance can influence the magnitude of BCT parameters and alter the results of hypothesis testing.
Tipo: Journal Article Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1980 URL: http://purl.umn.edu/32394
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ESTIMATION OF SUPPLY AND DEMAND ELASTICITIES OF CALIFORNIA COMMODITIES 31
Russo, Carlo; Green, Richard D.; Howitt, Richard E..
The primary purpose of this paper is to provide updated estimates of domestic own-price, cross-price and income elasticities of demand and estimated price elasticities of supply for various California commodities. Flexible functional forms including the Box-Cox specification and the nonlinear almost ideal demand system are estimated and bootstrap standard errors obtained. Partial adjustment models are used to model the supply side. These models provide good approximations in which to obtain elasticity estimates. The six commodities selected represent some of the highest valued crops in California. The commodities are: almonds, walnuts, alfalfa, cotton, rice, and tomatoes (fresh and processed). All of the estimated own-price demand elasticities are...
Tipo: Working or Discussion Paper Palavras-chave: Consumer Economics: Empirical Analysis; Agricultural Markets and Marketing; Agriculture: Aggregate Supply and Demand Analysis; Prices; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Crop Production/Industries; Demand and Price Analysis; Marketing; D120; Q130; Q110.
Ano: 2008 URL: http://purl.umn.edu/37629
Registros recuperados: 11
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