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Marginal Productivity Analysis of Global Inter-sectoral Water Demand AgEcon
Strzepek, Kenneth M.; Juana, James S.; Kirsten, Johann F..
There is growing evidence that freshwater availability is declining, while competition among sectors for the withdrawal of this scarce resource is rapidly increasing,(Rosegrant et a, 2002). Therefore, the need to promote inter-sectoral water use efficiency from the demand-side management has necessitated a study to investigate the responsiveness of different productive sectors and sub-sectors to water prices. Extracting data from the GTAP and UNIDO databases and adopting the marginal productive approach by Wang and Lall (2002),and using the two-stage-least squares method, the translog production function is estimated, from which the output and price elasticities and the marginal value of water is computed for thirteen sectors. The results indicate that...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy; C21; C8; L6; L7; Q25.
Ano: 2006 URL: http://purl.umn.edu/25748
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An Investigation of Significant Factors Influencing Western Australian Wool Producers to Produce Wool: A Structural Equation Modelling Approach AgEcon
Quaddus, Mohammed; Islam, Nazrul; Stanton, John.
Why Australian wool producers remained in the business despite the hardship they have experienced for much of the 1990s from low prices of wool? This question was raised frequently by research scientists and policymakers of the wool industry. A recent exploratory study gives a notion that Australian wool production could be a 'lifestyle' choice and/or a choice other than economic reasons. To validate this notion this paper investigates the factors that drive and motivate the Western Australian wool producers, as identified in the exploratory study, by applying a Structural Equation Modelling approach. An innovative mixed research method is adopted in this study. Telephone survey is conducted among a random selection of 290 wool producers in WA. The results...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; C21; L2; L7; Q10.
Ano: 2006 URL: http://purl.umn.edu/25275
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