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Registros recuperados: 6
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HEDONIC PRICE FUNCTIONS: GUIDANCE ON EMPIRICAL SPECIFICATION AgEcon
Kuminoff, Nicolai V.; Parmeter, Christopher F.; Pope, Jaren C..
The hedonic pricing model is widely accepted as a method for estimating the marginal willingness to pay for spatially delineated amenities. Empirical applications typically rely on one of three functional forms—linear, semi-log, and double-log—and rarely involve rigorous specification testing. This phenomenon is largely due to an influential simulation study by Cropper, Deck and McConnell (CDM) (1988) that found, among other things, that simpler linear specifications outperformed more flexible functional forms in the face of omitted variables. In the 20 years that have elapsed since their study, there have been major computational advances and significant changes in the way hedonic price functions can be estimated. The purpose of our paper is to update and...
Tipo: Conference Paper or Presentation Palavras-chave: Hedonic; Functional Form; Monte Carlo Simulation; Property Value Model; Demand and Price Analysis; Land Economics/Use; Research Methods/ Statistical Methods; Q15; Q51; Q53; C15; R52.
Ano: 2008 URL: http://purl.umn.edu/6555
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Incentive Design to Enhance the Reach of Weight Loss Program AgEcon
You, Wen; Hashemi, Ali; Boyle, Kevin J.; Parmeter, Christopher F.; Kanninen, Barbara; Estabrooks, Paul A..
This study employed stated-preference methods to elicit individuals’ program participation preference towards different financial incentive attributes. The results of this study show promise for the use of carefully designed incentive programs to raise participation in weight loss programs. Results show that a fungible payment form is important for the incentive to be effective in reach (i.e., cash and grocery gift-cards are preferred over gym passes and waivers of insurance co-payments). Furthermore, immediate payment is preferred over delayed payment.
Tipo: Conference Paper or Presentation Palavras-chave: Financial Incentives; Program Reach; Random Parameter Logit; Health Economics and Policy; F10; F13.
Ano: 2011 URL: http://purl.umn.edu/103669
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Scope Economies of Lending and Collecting Deposits in Microfinance Institutions AgEcon
Hartarska, Valentina M.; Parmeter, Christopher F..
While economies of scope of lending and mobilizing deposits in banking are justified theoretically (Diamond, 1984) and found empirically (see Saunders, 1999), in microfinance, the existence and the magnitudes of scope economies has not been investigated. We use a semi parametric smooth coefficient model to estimate these economies using the largest publicly available dataset of over 2,800 annual observations from MFIs across the world. We accommodate the outreach objective of Microfinance Institutions (MFIs) by measuring outputs as the number of clients (borrowers and savers) rather than the traditional volume of loans and deposits and compare the results from the two cost functions. We find substantial scope economies of 47 percent on average. The results...
Tipo: Conference Paper or Presentation Palavras-chave: Scope Economies; Microfinance Institutions; Rural Banks; Agricultural Finance; Financial Economics; International Development; Research Methods/ Statistical Methods; G21; F30; C14.
Ano: 2009 URL: http://purl.umn.edu/51799
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Paperless Food Assistance: The Impact of Electronic Benefits on Program Participation AgEcon
Atasoy, Sibel; Mills, Bradford F.; Parmeter, Christopher F..
Tipo: Conference Paper or Presentation Palavras-chave: Food Stamp Program; Electronic Benefits; Program Participation; Food Security and Poverty; Health Economics and Policy; I38; C23; C25.
Ano: 2010 URL: http://purl.umn.edu/60964
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HAS THE WORLD TRADE ORGANIZATION PROMOTED SUCCESSFUL REGIONAL TRADE AGREEMENTS? AgEcon
Grant, Jason H.; Parmeter, Christopher F..
This study uses econometric gravity equations to test whether the WTO has promoted successful regional trade agreements (RTA). Two important findings emerge. First, we find that two countries that are members of the GATT/WTO and enter into a regional trade agreement stimulate trade. However, the effect on trade is not nearly as large as that between two RTA members that belong to the GATT/WTO. Contrary to the findings in Rose (2004), this result tends to support the fact that the GATT/WTO has liberalized multilateral trade, outside of RTAs. In other words, the effect of an RTA on countries’ trade who are not party to the GATT/WTO should generate a large RTA trade response due to relatively large pre-existing trade distortions. Second, we show that the...
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/6551
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The Dynamics of Food Stamp Program Participation: A Lagged Dependent Variable Approach AgEcon
Atasoy, Sibel; Mills, Bradford F.; Parmeter, Christopher F..
This paper investigates the existence of Food Stamp Program (FSP) participation state dependence and its sources in by analyzing the dynamics of participation in the FSP using a lagged dependent variable approach. Results show that FSP receipt in the previous year is an important determinant of current FSP receipt. However, estimated persistence rates declined significantly after 1996, suggesting that long-term FSP dependency was reduced following broader welfare reform measures. The source of FSP state dependence among low-income households is mostly structural implying that a welfare trap does exist.
Tipo: Conference Paper or Presentation Palavras-chave: Food Stamp Program; State Dependence; Dynamics; Welfare Trap; Food Security and Poverty; Health Economics and Policy; I38; C23; C25.
Ano: 2010 URL: http://purl.umn.edu/60963
Registros recuperados: 6
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