This study develops a microeconometric model of specialized dairy farms in the Moscow region using panel data over the period 1995-2001. The model is used to analyze the role of subsidies on profit as well as input and output allocation. Theoretical conditions for short-term profit maximization...

This article shows that the "observed" sample adoption rate does not consistently estimate the population adoption rate even if the sample is random. It is proved that instead the sample adoption rate is a consistent estimate of the population joint exposure "and" adoption rate, which does not...