|
|
|
| Registros recuperados: 35 | |
|
| |
|
| |
|
| |
|
|
| Lapan, Harvey E.; Moschini, GianCarlo; Caruth, Brad. |
| Under current U.S. law, taxpayers can deduct up to 100 percent of their state income taxes from their adjusted gross income when calculating their federal income taxes. As a result, Iowans currently pay approximately $251 million less to the federal government than they would otherwise pay. There is, however, no equivalent stipulation allowing for the deduction of state sales taxes. Consequently, by eliminating the sales tax and replacing the lost revenue with an income-based tax, Iowans could save a substantial amount of money on their federal tax returns without any change in revenue for the Iowa government. Alternatively, by replacing the sales tax with an income-based tax, the State of Iowa could increase its tax revenue without increasing the total... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Federal itemized deductions; Income tax; Sales tax; State budget; Tax policy; Public Economics. |
| Ano: 2002 |
URL: http://purl.umn.edu/18452 |
| |
|
|
| Moschini, GianCarlo; Meilke, Karl D.. |
| The main objective of this paper is to test the hypothesis that consumer preferences for beef in the United States have been affected by structural change, which reduces to testing for parameter stability in estimated demand equations. To this end, alternative specifications of the demand function are estimated using a general form of the Box-Cox transformation. Tests based on recursive residuals and on the F distribution provide little evidence of structural change, and suggest that the recent decline in beef consumption may be explained by changes in relative prices. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1984 |
URL: http://purl.umn.edu/32143 |
| |
|
| |
|
| |
|
|
| Holt, Matthew T.; Moschini, GianCarlo. |
| The role of price risk in sow farrowings is investigated by using bivariate ARCH-M and GARCH-M models and a nonparametric kernel estimator. To account for the relevant time horizon of irreversible supply decisions, predictions for mean price and conditional price variance are iterated forward. The empirical results vary markedly in terms of their implications for risk response in hog supply decisions, with the ARCH-M and GARCH-M models suggesting a small and negative risk effect. Estimates of the marginal risk premium also indicate moderate and variable departures from marginal cost pricing in sow farrowing supply decisions. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Production Economics; Risk and Uncertainty. |
| Ano: 1992 |
URL: http://purl.umn.edu/30737 |
| |
|
| |
|
| |
|
|
| Moschini, GianCarlo. |
| Biotechnology has had an important impact on the agricultural and food industries over the last twelve years by way of fast and extensive adoption of a few genetically modified (GM) crops. This has produced large efficiency gains, including higher yields and reduced costs of weed and pest control, as well as some environmental benefits. The expected development of crops with additional agronomic traits, and with output traits to improve the nutrition and health attributes of food products, holds the potential for even more pervasive impacts. Full realisation of such promises may require overcoming the constraining effects of restrictive GM product regulations. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Biotechnology; Genetically modified products; Innovation; Regulation; Research and development.. |
| Ano: 2008 |
URL: http://purl.umn.edu/42811 |
| |
|
|
| Moschini, GianCarlo. |
| The notion of indirect separability is exploited to derive a new multistage demand system. The model allows a consistent parameterization of demand relations at various budgeting stages and it fulfills the requirement of flexibility while satisfying separability globally. Two propositions are derived to characterize flexible and separable functional forms, which lead to the specification of a flexible and separable translog (FAST) demand system. The model is particularly attractive for modeling large complete demand systems, and is illustrated with an application to Canadian food demand. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Research Methods/ Statistical Methods; D11; D12; C51. |
| Ano: 2000 |
URL: http://purl.umn.edu/18514 |
| |
|
| |
|
| |
|
| |
|
| |
|
|
| Moschini, GianCarlo. |
| Cost function estimation under production uncertainty is problematic because the relevant cost is conditional on unobservable expected output. If input demand functions are also stochastic, then a nonlinear errors-in-variables model is obtained and standard estimation procedures typically fail to attain consistency. But by exploiting the full implications of the expected profit maximization hypothesis that gives rise to ex ante cost functions, it is shown that the errors-in-variables problem can be effectively removed, and consistent estimation of the parameters of interest can be achieved. A Monte Carlo experiment illustrates the advantages of the proposed procedure as well as the pitfalls of other existing estimators. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Cost function; Duality; Expected profit maximization; Nonlinear errors-invariables; Stochastic production; Risk and Uncertainty. |
| Ano: 2001 |
URL: http://purl.umn.edu/18443 |
| |
|
|
| Langinier, Corinne; Moschini, GianCarlo. |
| In this paper, we review the economic effects of intellectual property rights and specifically address the economics of the patent system. The production and dissemination of new knowledge is fraught with market failures because knowledge is a public good. Patents provide a second-best solution to the resulting appropriability problem. We review the main benefits and costs of the patent system, focusing on the role that patents play in providing incentives for innovation, in promoting the dissemination of knowledge, and in helping technology transfer and commercialization of new technology. From a more normative perspective, we address the questions of what the features of an optimal patent system are and whether the patent system is socially desirable. We... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
| Ano: 2002 |
URL: http://purl.umn.edu/18374 |
| |
|
|
| Jayasinghe, Sampath; Beghin, John C.; Moschini, GianCarlo. |
| The United States is a large net exporter of corn seeds. Seed trade, including that of corn, has been expanding, but its determinants are not well understood. This paper econometrically investigates the determinants of world demand for U.S. corn seeds with a detailed analysis of trade costs impeding export flows to various markets, including costs associated with distance, tariffs, and sanitary and phytosanitary (SPS) regulations. The analysis relies on a gravity-like model based on an explicit specification of derived demand for seed by foreign corn producers, estimated based on data from 48 countries and for the years 1989 to 2004. An SPS count variable is incorporated as a shifter in the unit cost of seeds faced by foreign users. A sample selection... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Corn; Distance; Phytosanitary; Seeds; SPS; Tariff; Technical barriers; Trade cost.; Demand and Price Analysis; Crop Production/Industries; International Relations/Trade. |
| Ano: 2009 |
URL: http://purl.umn.edu/46589 |
| |
|
| |
| Registros recuperados: 35 | |
|
|
|
