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Contributed Paper prepared for presentation at the International Association of Agricultural Economists Conference, Beijing, China, August 16-22, 2009
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Contributed Paper prepared for presentation at the International Association of Agricultural Economists Conference, Beijing, China, August 16-22, 2009
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and this is a problem when estimating log-linear gravity equations. This has caused many researchers to either ignore the zero trade flows or to replace the zero with a small positive number. Both of these actions bias the resulting parameter estimates of the gravity equation. In this study we...
Persistent link: https://www.econbiz.de/10009351548
In the mid-2000’s, Goldman Sachs identified two groups of emerging economies known as the BRICs and the Next-11. Primarily selected on the basis of having large populations, these countries were heralded as the growth centres of the future with the potential to stimulate increased demand for a...
Persistent link: https://www.econbiz.de/10011070442
In 2011, the Canadian Agrifood Policy Institute released an report highlighting the importance of the agrifood sector to the economy and concluded by stating the need for Canada to double the dollar value of agrifood exports to ensure the viability of the system. This paper seeks to estimate...
Persistent link: https://www.econbiz.de/10010882178
In 1969, formula feed manufacturers utilized 23.1 percent of all the feed grains and wheat fed to livestock. Estimates of aggregate demand by the mixed feed ind.:-stry for corn, oats, barley, grain sorghum, and wheat are presented. As expected, all of the feed grains have elastic demands. Grain...
Persistent link: https://www.econbiz.de/10010919764