Measurement error in recall surveys and the relationship between
household size and food demand.
Empirical research in agricultural and development economics
increasingly uses data from household surveys. (1) There is a growing
realization that "measurement error is an ever-present, . . .
Strike when the force is with you: optimal stopping with
application to resource equilibria.
A central technological feature of extractive industry is that
resource projects are lumpy and can be brought onstream at a time chosen
by an investor. Traditional project analysis has presumed . . .
Peanut research and poverty reduction: impacts of variety
improvement to control peanut viruses in Uganda.
Scientists, research administrators, and policy makers face
increased pressure to justify public investments in agricultural
research. As demands grow for scarce funds, evidence is needed . . .
Seasonal migration and improving living standards in
Vietnam.
The migration of labor out of agriculture is a primary feature of
the economic development process. Both historically and in the present,
the share of labor working in agriculture within a country . . .
Using ex ante approaches to obtain credible signals for value in
contingent markets: evidence from the field.
Accurately estimating the economic value of nonmarketed goods and
services is essential for efficient public policy. While markets
routinely provide signals of value for traded commodities, . . .
Dynamic efficiency measurement: theory and application.
The foundation of the revealed preference approach to production
analysis (Farrell 1957; Afriat 1972; Hanoch and Rothschild 1972) and the
refinement of this approach to production modelling in the . . .
Assessing global computable general equilibrium model validity
using agricultural price volatility.
Despite their widespread use in policy analysis, computable general
equilibrium (CGE) models are sometimes criticized for having uncertain
empirical foundations and for being insufficiently . . .
Migration, fixed costs, and location-specific amenities: a hazard
analysis for a panel of males.
Since Schultz' important paper on human capital (Schultz
1961), human migration has been an important topic of economic research.
Much of the human capital literature on internal migration . . .
Synergies or trade-offs in university life sciences
research.(increasing returns (scale and scope economies) in the
production o
Major legislative, legal, and technological changes paved the way
for a period of remarkable growth in the patenting of life science
research by U.S. universities in the 1980s and 1990s. (1) During . . .
Estimating policy effects on spatial market efficiency: an
extension to the parity bounds model.
Early spatial price analyses examined "co-movement" among
prices at different locations (e.g., simple price correlations as in
Timmer 1974; and co-integration as in Goodwin and Schroeder 1991; . . .
Brand-supermarket demand for breakfast cereals and retail
competition.(Author abstract)
One of the most influential market equilibrium models for
differentiated products is that of Berry, Levinsohn, and Pakes (1995;
hereafter, BLP), who use a random coefficients logit demand approach . . .
Threshold effects in price transmission: the case of Brazilian
wheat, maize, and soya prices.(Author abstract)
Economists often view a close association between prices of similar
goods in spatially or vertically separated markets, a concept closely
associated with the Law of One Price (LOP), as being a sign . . .
Tenants, landlords, and soil conservation.
The relationship between tenancy and land degradation is one of the
classic questions of economics, dating back to the earliest days of the
discipline (Johnson [1950] for a brief survey). The . . .
Environmental emissions and production economics: implications of
the materials balance.(Author abstract)
In modeling emissions, the literature has usually pursued two
approaches. One is to specify an explicit emission function, which
yields emissions as a by-product, depending on the level of the . . .
The use of conditional cost functions to Generate estimable mixed
demand systems.(Author abstract)
Consumer demand models have always been estimated under the
assumption that either (1) prices are predetermined or (2) quantities
are predetermined. The first assumption leads to direct demand . . .
Asset pricing in created markets.
Although recent experience with the sulfur dioxide trading program
in the United States has changed many perceptions, there are still
questions about how well tradable permit systems for . . .
Contract enforcement, social efficiency, and distribution: some
experimental evidence.
Recent controversies surrounding contract production in agriculture
have raised concerns among policy makers that vertically coordinated
industries might favor large agribusiness at the expense of . . .
Is there persistence in the impact of emergency food aid?
Evidence on consumption, food security, and assets in rural
Ethiopia.
Natural disasters, financial crises, and other economic shocks can
have significant negative consequences for uninsured households
(Skoufias 2003; Block et al. 2004). When the resulting destruction . . .
Erratum.(Correction notice)
The biographical information published for AAEA Fellow Spiro
Stefanou in the December 2006 issue of the journal was incomplete. The
correct information is published below in its entirety. The . . .
Caputo, Michael R. Foundations of Dynamic Economic Analysis:
Optimal Control Theory and Applications.(Book review)
Caputo, Michael R. Foundations of Dynamic Economic Analysis:
Optimal Control Theory and Applications. Cambridge University Press,
2005, xii + 579 pp., $100 (hardcover), $48 (soft)
Since the . . .
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