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Primary food producers are permitted to bargain as a group for higher prices. Supply response, however, is critical to the long-run success of producer cartels. This article presents a model that elucidates that role of supply response in agricultural price bargaining when no overt action is...
Persistent link: https://www.econbiz.de/10005801492
AJAE per capita page counts provide one measure of an institution's research strength. In this article we refine Willis et al.'s measure of department size and, based on the refined measure, recomputed departmental rankings for North American institutions. Results indicate that Northeastern...
Persistent link: https://www.econbiz.de/10005513663
The performance of restricted estimators such as Almon and Shiller in modeling advertising carryover is tested and compared to the unrestricted OLS estimator, using 1971-1988 monthly New York City fluid milk market data. Results indicate that in the absence of autocorrelation and...
Persistent link: https://www.econbiz.de/10005320537
An equilibrium-displacement model is combined with econometric estimates of key model parameters to identify the impacts of Canada's dairy advertising programs on prices and quantity. Results suggest increased advertising of fluid milk enhances the farm value of milk but has minimal effect on...
Persistent link: https://www.econbiz.de/10005320547