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Book Three Essays on Demand Systems Estimation for Agricultural and Natural Resource Economics

Download or read book Three Essays on Demand Systems Estimation for Agricultural and Natural Resource Economics written by Octavio Valdez Lafarga and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three demand systems were estimated to examine demand sensitivity and welfare changes for each commodity under study. In the first essay, a Quadratic Almost Ideal Demand System (QUAIDS) was used to examine the effect of the Fukushima Daichi nuclear disaster on the demand for imported pelagic fish in the domestic Japanese market. The effect of the Fukushima Daichi nuclear disaster was measured using changes in demand after the disaster as well as measures of changes in social welfare changes caused by the disaster. A significant effect of the disaster on demand sensitivity measures was found, but no significant changes in welfare. In the second essay, a differential demand system examined the effect of exchange rate fluctuations on the demand for fresh tomatoes in the U.S. Market. It was found that the U.S. Dollar-Mexican Peso exchange rate had a significant positive effect on the demand for Mexican fresh tomatoes. In the third essay, a Hurdle Negative Binomial demand system was estimated for recreational trips to the Boundary Waters Canoe Area Wilderness. This model was estimated using Bayesian methods to obtain parameter estimates that could not be obtained by maximum likelihood. The parameters were used to calculate recreational welfare measures for trips to seventy-two entry points.

Book A History of Econometrics

Download or read book A History of Econometrics written by Duo Qin and published by OUP Oxford. This book was released on 2013-07-25 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reformation of Econometrics is a sequel to The Formation of Econometrics: A Historical Perspective (1993, OUP) which traces the formation of econometric theory during the period 1930-1960. This book provides an account of the advances in the field of econometrics since the 1970s. Based on original research, it focuses on the reformists' movement and schools of thought and practices that attempted a paradigm shift in econometrics in the 1970s and 1980s. It describes the formation and consolidation of the Cowles Commission (CC) paradigm and traces and analyses the three major methodological attempts to resolve problems involved in model choice and specification of the CC paradigm. These attempts have reoriented the focus of econometric research from internal questions (how to optimally estimate a priori given structural parameters) to external questions (how to choose, design, and specify models). It also examines various modelling issues and problems through two case studies - modelling the Phillips curve and business cycles. The third part of the book delves into the development of three key aspects of model specification in detail - structural parameters, error terms, and model selection and design procedures. The final chapter uses citation analyses to study the impact of the CC paradigm over the span of three and half decades (1970-2005). The citation statistics show that the impact has remained extensive and relatively strong in spite of certain weakening signs. It implies that the reformative attempts have fallen short of causing a paradigm shift.

Book Three Essays in Econometrics  Agricultural and Welfare Economics

Download or read book Three Essays in Econometrics Agricultural and Welfare Economics written by Golam Saroare Shakil and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is an essay on evaluating performance of econometric estimators, agricultural input choices under risk preference and welfare analysis with respect to different equilibrium models. In the first chapter, I use simulation methods with independent, relevant, and excluded instrumental variables, wherein they form a complete set of instruments, to quantify finite sample performance of selected estimators. In finite samples, I find that the bias and variance of estimators increase with the exclusion of instrumental variables. I also find that the mean squared error of the parameter estimates increase with the increase of number of omitted instruments in the model. The sensitivity due to the number of omitted instruments is not necessarily eliminated by increases in sample size. The equations containing more endogenous variables appear more sensitive to the omitted instruments. Simulation results also imply that the finite sample performance of 3SLS estimators also suffers under omitted instruments. In the second chapter, I develop a theoretical model to explore the choices of using plastics and pesticides to grow food as well as the potential negative spillover caused by plastic use in production agriculture that is transformed into microplastic pollution in the soil. I show that a growers' risk preference has an impact on the substitution between plastic and pesticides in that restrictions on these inputs do not necessarily trigger substitution for risk averse growers. In the third chapter, I focus on measuring and quantifying impacts of shocks along the supply chain for an agricultural sector in the context of a small economy. I show theoretically that the differences between the change in welfare estimated from GE and PE models are economically significant for a small economy. I show that the changes in consumer surplus predicted by the two models due to a domestic demand shock are statistically significantly different. I show that, the PE model produces larger welfare implication than hybrid model in response to demand shock, markup shock and capital demand shock compared to supply shock, labor demand shock and export shock. Results also show that the PE approach is more sensitive to the parameters of the behavioral equation.

Book The Routledge Handbook of Agricultural Economics

Download or read book The Routledge Handbook of Agricultural Economics written by Gail L. Cramer and published by Routledge. This book was released on 2018-07-17 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook offers an up-to-date collection of research on agricultural economics. Drawing together scholarship from experts at the top of their profession and from around the world, this collection provides new insights into the area of agricultural economics. The Routledge Handbook of Agricultural Economics explores a broad variety of topics including welfare economics, econometrics, agribusiness, and consumer economics. This wide range reflects the way in which agricultural economics encompasses a large sector of any economy, and the chapters present both an introduction to the subjects as well as the methodology, statistical background, and operations research techniques needed to solve practical economic problems. In addition, food economics is given a special focus in the Handbook due to the recent emphasis on health and feeding the world population a quality diet. Furthermore, through examining these diverse topics, the authors seek to provide some indication of the direction of research in these areas and where future research endeavors may be productive. Acting as a comprehensive, up-to-date, and definitive work of reference, this Handbook will be of use to researchers, faculty, and graduate students looking to deepen their understanding of agricultural economics, agribusiness, and applied economics, and the interrelationship of those areas.

Book Applied Environmental Economics

Download or read book Applied Environmental Economics written by Ian J. Bateman and published by Cambridge University Press. This book was released on 2003-04-17 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative new application of geographical information systems (GIS) to environmental economics.

Book American Doctoral Dissertations

Download or read book American Doctoral Dissertations written by and published by . This book was released on 2002 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Handbook of Environmental Economics

Download or read book Handbook of Environmental Economics written by Karl-Goran Maler and published by Elsevier. This book was released on 2005-12-09 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much applied environmental economics is concerned with the valuation of changes in environmental quality. Obtaining reliable valuation estimates requires attention to theoretical and econometric issues that are often quite subtle. Volume 2 of the Handbook of Environmental Economics presents both the theory and the practice of environmental valuation. It synthesizes the vast literature that has accumulated since the publication of the Handbook of Natural Resource and Energy Economics two decades ago. It includes chapters on individual valuation methods written by researchers responsible for fundamental advances in those methods. It also includes cross-cutting chapters that deal with aspects of welfare theory, uncertainty, experimental methods, and public health that are pertinent to valuation. Throughout the volume, attention is paid to research and policy issues that arise not only in high-income countries, where most of the theory and econometrics that underlie applied valuation methods have been developed, but also in poorer parts of the world. The volume provides a state-of-the-art reference for scholars and practitioners alike.

Book Modern Agricultural and Resource Economics and Policy

Download or read book Modern Agricultural and Resource Economics and Policy written by Harry de Gorter and published by Springer Nature. This book was released on 2022-06-23 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume celebrates the life and career of Gordon Rausser, pioneer and leader in natural resource economics, while critically overviewing the emerging literature in the field. As the chair of the Agriculture and Resource Economics department at UC Berkeley, Rausser led the transformation of the department from a traditional agricultural economics department to a diverse resource economics department addressing issues of agriculture, food, natural resources, environmental economics, energy, and development. This book builds on this theme, showcasing not only the scope of Rausser's work but also key developments in the field. The volume is organized into two parts. The first part speaks about the lessons of Gordon Rausser's career, in particular, his role as a leader in different spheres, his capacity to integrate teaching and entrepreneurship, and his impact on the world food system. The second part will address some of the significant developments in the field he contributed to and how it relates to his work. The chapters include contributions from modern leaders in the economics field and cover diverse topics from many subfields including public policy, public finance, law, econometrics, macroeconomics, and water resources. Providing an excellent reference, as well as a celebration of a pivotal figure in the field, this volume will be useful for practitioners and scholars in agricultural and resource economics, especially the many individuals familiar with Gordon Rausser and his career.

Book A Sustainability Challenge

Download or read book A Sustainability Challenge written by National Research Council and published by National Academies Press. This book was released on 2012-03-28 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Research Council's Science and Technology for Sustainability Program hosted two workshops in 2011 addressing the sustainability challenges associated with food security for all. The first workshop, Measuring Food Insecurity and Assessing the Sustainability of Global Food Systems, explored the availability and quality of commonly used indicators for food security and malnutrition; poverty; and natural resources and agricultural productivity. It was organized around the three broad dimensions of sustainable food security: (1) availability, (2) access, and (3) utilization. The workshop reviewed the existing data to encourage action and identify knowledge gaps. The second workshop, Exploring Sustainable Solutions for Increasing Global Food Supplies, focused specifically on assuring the availability of adequate food supplies. How can food production be increased to meet the needs of a population expected to reach over 9 billion by 2050? Workshop objectives included identifying the major challenges and opportunities associated with achieving sustainable food security and identifying needed policy, science, and governance interventions. Workshop participants discussed long term natural resource constraints, specifically water, land and forests, soils, biodiversity and fisheries. They also examined the role of knowledge, technology, modern production practices, and infrastructure in supporting expanded agricultural production and the significant risks to future productivity posed by climate change. This is a report of two workshops.

Book Annals of the Giannini Foundation of Agricultural Economics

Download or read book Annals of the Giannini Foundation of Agricultural Economics written by Giannini Foundation of Agricultural Economics and published by . This book was released on 2006 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Dissertation Abstracts International

Download or read book Dissertation Abstracts International written by and published by . This book was released on 2007 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Economic Value of the Environment

Download or read book The Economic Value of the Environment written by Magnus Hardarson and published by Nordic Council of Ministers. This book was released on 2001 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Village and Household Economies in India s Semi arid Tropics

Download or read book Village and Household Economies in India s Semi arid Tropics written by T. S. Walker and published by . This book was released on 1990 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Estimating a Demand System with Choke Prices

Download or read book Estimating a Demand System with Choke Prices written by Amos Golan and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Food System Demand Estimation

Download or read book Food System Demand Estimation written by Ann Wilkinson and published by . This book was released on 1988* with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Contingent Valuation

Download or read book Contingent Valuation written by R. Carson and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This major reference work the first of its kind provides a comprehensive and authoritative introduction to the large and growing literature on contingent valuation. It includes entries on over 7,500 contingent valuation papers and studies from over 130 countries covering both the published and grey literatures. This book provides an interpretive historical account of the development of contingent valuation, the most commonly used approach to placing a value on goods not normally sold in the marketplace. The major fields catalogued here include culture, the environment, and health application. This bibliography is an ideal starting point for researchers wanting to find other studies that have valued goods or used techniques similar to those they are interested in. For those wanting to conduct meta analyses, the book will serve as an invaluable guide to source material. For those wanting to conduct meta analyses, the book will serve as an invaluable guide to source material. In addition to the print edition we offer access, for purchasers of the book, to a website providing the contents of as a searchable Word document and in a variety of standard bibliographic database forms. Contingent Valuation is an indispensable reference source for researchers, scholars and policymakers concerned with survey approaches to the problem of environmental valuation.