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Registros recuperados: 10
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Development, Testing and Application of ACRE: An Agro-Economic Production Model on Regional Level AgEcon
Henseler, Martin; Wirsig, Alexander; Krimly, Tatjana.
ACRE is an Agro-eConomic model for agricultural pRoduction on rEgional level. Based on an extension of Positive Mathematical Programming (PMP) this model was developed as a decision tool for politics with respect to questions of global change scenarios. The validity of the theoretical approach as well as the algorithms has been tested by calculations with empirical data. Currently, ACRE is applied in large interdisciplinary projects. This paper introduces the development of ACRE, from the theoretical framework to testing its validity and current application.
Tipo: Conference Paper or Presentation Palavras-chave: Mathematical programming; Variant-activity; Regional model; Agricultural production model; Interdisciplinary projects; Agribusiness; C61; Q15; E23; Q21.
Ano: 2005 URL: http://purl.umn.edu/24770
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On the Dynamic Relationship between U.S. Farm Income and Macroeconomic Variables AgEcon
Baek, Jungho; Koo, Won W..
This study examines the short- and long-run effects of changes in macroeconomic variables—agricultural commodity prices, interest rates and exchange rates—on the U.S. farm income. For this purpose, we adopt an autoregressive distributed lag (ARDL) approach to cointegration with quarterly data for 1989–2008. Results show that the exchange rate plays a crucial role in determining the long-run behavior of U.S. farm income, but has little effect in the short-run. We also find that the commodity price and interest rate have been significant determinants of U.S. farm income in both the short- and long-run over the past two decades.
Tipo: Journal Article Palavras-chave: Autoregressive distributed lag model; Commodity price; Exchange rate; Farm income; Interest rate; Long-run; Short-run; Agribusiness; Consumer/Household Economics; Farm Management; Financial Economics; C22; E23; Q11.
Ano: 2009 URL: http://purl.umn.edu/53097
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The U.S. Agricultural Sector and the Macroeconomy AgEcon
Baek, Jungho; Koo, Won W..
The effects of the exchange rate, the U.S. agricultural price, the domestic income, and the interest rate on the U.S. net farm income are investigated in a cointegration framework. For this purpose, the Phillips-Hansen fully-modified cointegration (FM-OLS) procedure is applied to annual data for the period 1957–2008. Results suggest that there exists the long-run equilibrium relationship between the U.S. net farm income and the selected macroeconomic variables. We also find that the exchange rate and U.S. agricultural price are more important than other variables in determining the U.S. net farm income.
Tipo: Journal Article Palavras-chave: Agricultural price; Exchange rate; Gross domestic product; Interest rate; Net farm income; Phillips-Hansen fully-modified cointegration technique; Agribusiness; Agricultural Finance; Land Economics/Use; Production Economics; Research Methods/ Statistical Methods; C22; E23; Q11.
Ano: 2010 URL: http://purl.umn.edu/92580
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The Impact of the financial and Economic Crisis on Central America: An Expenditure GDP approach AgEcon
Zúniga-González, Carlos Alberto.
The 2009 conferences will provide many opportunities for the presentation of important new research and for productive, structured dialogue on the major challenges facing the global response to the financial crisis. Conference organisers are developing a wide variety of session types that meet the needs of various participants and support collective efforts to communities worldwide. Central to many of these sessions will be the transfer of knowledge and sharing of best practices.
Tipo: Working or Discussion Paper Palavras-chave: Expenditure GDP approach; Financial Crisis; Economic impact; Regression Analysis; Public Economics; E23; E61; F43; H50.
Ano: 2009 URL: http://purl.umn.edu/56199
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Nicaragua: Without structural changes there´ll be no sustainable reduction of rural poverty AgEcon
Perez, Francisco Jose.
This is a contribution of the ENVIO-NITLAPAN. The author is member of the scientific council of the RCASAE, and he is a senior researcher of the CAU NITLAPAN.
Tipo: Working or Discussion Paper Palavras-chave: Poverty Reduction Strategies; Agriculture and Development; Food Security and Poverty; E24; E23; D43; D72.
Ano: 2011 URL: http://purl.umn.edu/113038
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The Economic Impact of the Green Certificate Market through the Macro Multiplier Approach AgEcon
Ciaschini, Maurizio; Severini, Francesca; Socci, Claudio; Pretaroli, Rosita.
In the last decade, as many other European countries, the Italian Government adopted several reforms in order to increase the use of Renewable Energy Sources (RES). The liberalization of the electricity market that represents one of these reforms aims to reach environmental benefits from the substitution of fossil fuel with renewable sources. The Italian Green Certificate market was introduced in 2002 in order to accomplish this objective and represents a mechanism where a quota of renewable electricity is imposed to suppliers in proportion to their sales. The electricity industries are obliged to meet this condition by producing the quantity of renewable electricity by means of a change in their production process, otherwise they must buy a number of...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Policy; Hybrid I-O model; Macro Multiplier; Resource /Energy Economics and Policy; C67; E23; Q43; Q48.
Ano: 2010 URL: http://purl.umn.edu/94741
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Measurement and Explanation of Technical Efficiency Performance in Ukrainian Agriculture, 1991-1996 AgEcon
Murova, Olga I.; Trueblood, Michael A.; Coble, Keith H..
The present study examines technical efficiency patterns in Ukraine’s crop sector for 1991-1996. The economic and policy environment in Ukraine has changed since reform began in 1991. Many policy changes have exerted offsetting economic pressures on efficiency. Enterprise privatization and the liberalization of prices and trade put upward pressure on technical efficiency, whereas start-stop land privatization efforts, unpredictable government intervention, and slow developments in the credit and labor markets put downward pressure on efficiency. We found that technical efficiency appears to have improved slightly over the 1991-1996 period, suggesting that the positive forces had more impact.
Tipo: Journal Article Palavras-chave: Data envelopment analysis; Enterprise privatization; Inefficiency; Price liberalization; Productivity; Stochastic frontier analysis; Technical efficiency; D29; E23; E66; O38; P32.
Ano: 2004 URL: http://purl.umn.edu/43430
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Democracy and Economic Growth in China: Evidence from Cointegration and Causality Testing AgEcon
Narayan, Paresh Kumar; Smyth, Russell.
This article considers the relationship between democracy and economic growth in China using the Error-Correction Mechanism test for cointegration, Autoregressive Distributed Lag modelling, Granger causality and dynamic modelling via variance decomposition and impulse response analysis. Our main findings are that in the long run the lack of democracy in China has had a statistically significant negative effect on real income, while in the short run democracy has had a statistically insignificant effect on economic growth. Our results suggest that in the long run growth in capital, labour and democracy Granger cause economic growth, while in the short run there is bi-directional Granger causality between democracy and economic growth.
Tipo: Journal Article Palavras-chave: China; Democracy; Economic growth; International Development; C22; E23.
Ano: 2006 URL: http://purl.umn.edu/50282
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Think Again: Higher Elasticity of Substitution Increases Economic Resilience AgEcon
Dumas, Patrice; Hallegatte, Stephane.
This paper shows that, counter-intuitively, a higher elasticity of substitution in model production function can lead to reduced economic resilience and larger vulnerability to shocks in production factor prices. This result is due to the fact that assuming a higher elasticity of substitution requires a recalibration of the production function parameters to keep the model initial state unchanged. This result has consequences for economic analysis, e.g., on the economic vulnerability to climate change.
Tipo: Working or Discussion Paper Palavras-chave: Substitution; Calibration; Constant Elasticity of Substitution; Shock; Risk and Uncertainty; D24; E17; E23.
Ano: 2009 URL: http://purl.umn.edu/54283
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An Agro-Economic Production Model for a Middle European River Basin - First Results of CAP Reform Scenario Calculations AgEcon
Henseler, Martin; Krimly, Tatjana; Wirsig, Alexander.
ACRE is an Agro-eConomic model for agricultural pRoduction on rEgional level. Based on an extension of Positive Mathematical Programming (PMP) this model was developed as a decision tool for politics with respect to questions of global change- and political scenarios. Currently, ACRE is applied in the RIVERTWIN-Neckar project and politic scenarios of the CAP reform 2003 were calculated. This paper introduces ACRE, its theoretical framework, and the first results of political scenario calculations, which where done for the Neckar river basin.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural production model; Regional model; Interdisciplinary projects; CAP reform 2003; Positive Mathematical Programming; Agricultural and Food Policy; E23; Q15; Q21; Q18; C61.
Ano: 2006 URL: http://purl.umn.edu/25612
Registros recuperados: 10
Primeira ... 1 ... Última
 

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