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Published by Asociación de Economistas Agrarios de Chile
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This study provides a decision framework to analyze optimal production diversification decisions under uncertainty for a farmer who is risk averse in the Arrow-Pratt sense and downside risk averse. The decision model accounts for the third central moment of the joint distribution of portfolio...
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This study analyzes the relationships between farmland values and factors associated with the growth in Chilean agriculture, and identifies agricultural land value's determinants by estimating a log-linear hedonic price function. The results indicate that a parcel's market value varies according...
Persistent link: https://www.econbiz.de/10011186168
Income inequality reflects resource allocations, and has important implications for public policy and institutional design. This paper investigates the factorsdetermining inequality. This is especially relevant in Chile where income distribution has not improved in the past decades. We...
Persistent link: https://www.econbiz.de/10009446341
Nonpoint sources of pollution have been receiving increasing attention in policy discussions. As progress is made in reducing emissions, from point sources of pollution, nonpoint sources account for growing shares of total pollution, so that further reduc
Persistent link: https://www.econbiz.de/10005509981
Generally, in order to determine consumer attitudes to price and/or income changes, theoretically plausible demand systems are estimated. These estimates are based on empirical data, which can be obtained from a large variety of sources such as family bud
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