Social and Behavioral Sciences Commons^™

Bioeconomic Household Modelling For Agricultural Intensification, Gideon Kruseman

Gideon Kruseman

The study develops a bio-economic modelling framework that permits simultaneous assessment of the effects of technology change and policy measures on household welfare and agro-ecological sustainability indicators. The bio-economic modelling framework expands traditional farm household models to incorporate direct consumption utility functions, to allow for multiple objectives and to permit a meaningful interface with biophysical process models. The resulting model combines econometrically estimated equations in a mathematical programming framework. Model outcomes are analysed using metamodelling tecyhniques.

The bio-economic modelling framework is relevant for policy analysis related to resource degradation in developing countries. The model is applied to Cercle de Koutiala …

The Effect Of Nesting Structure Specification On Welfare Estimation In A Random Utility Model Of Recreation Demand: An Application To The Demand For Recreational Fishing, George R. Parsons, A Brett Hauber

George Parsons

No abstract provided.

Measuring Market Power In Bilateral Oligopoly: The Wholesale Market For Beef, John Schroeter, Azzeddine Azzam, Mingxia Zhang

Azzeddine Azzam

Econometric methods for assessing the degree of market power typically rely on a maintained hypothesis of price-taking behavior on one side of the market or the other. In the analysis of bilateral oligopoly, however, one would like to leave open the question of whether buyers or sellers (or both) behave competitively while allowing for the possible exercise of market power on either side. In this paper, we address the problem of measuring market power in bilateral oligopoly. This requires that we first distinguish among three candidate equilibrium concepts: bilateral price-taking, seller price-taking, and buyer price-taking. Choosing among them comes down …

Domestic Demand For Petroleum In Opec Countries, Ujjayant N. Chakravorty, Fereidun Fesharaki, Shuoying Zhou

Ujjayant Chakravorty

The literature on OPEC energy policy has focused primarily on its production and export potential. The rapidly increasing domestic demand for petroleum products in OPEC countries has often been ignored. This study estimates domestic demand for petroleum products by the major OPEC economies and forecasts consumption trends under alternative assumptions regarding economic growth and price deregulation. It concludes that product demand is generally price and income inelastic and thus domestic consumption in OPEC will continue to grow rapidly, even if domestic prices are raised closer to world levels in the near future.