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University of Nebraska - Lincoln
Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature
Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
Testing For Input And Output Separability In Nebraska Agriculture Sector, Saleem Shaik, Glenn A. Helmers
Testing For Input And Output Separability In Nebraska Agriculture Sector, Saleem Shaik, Glenn A. Helmers
Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature
Traditionally the role of separability in system of demand functions has been the subject of numerous analyses, with few directed toward systems of supply functions. Separability an important property of production, confirms the existence of aggregation in variables and the decentralization of decision making. Separability implies that marginal rates of substitution between pair of inputs (outputs) in the separated group are independent of the levels of inputs (outputs) outside the group.
Weak separability in the estimation of a systems of demand functions was first explored by Sono(196 1) and Leontief(1947) to deal with aggregation problems in consumer and producer theory …
Effect Of Risk Perception On Willingness To Pay For Improved Water Quality, Renu Sukharomana, Ray Supalla
Effect Of Risk Perception On Willingness To Pay For Improved Water Quality, Renu Sukharomana, Ray Supalla
Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature
Groundwater quality improvement benefits for Nebraska were estimated using both contingent valuation (CV) and averting expenditures (AE) methods. Willingness to pay (WTP) and averting expenditures were measured based on a mail survey of 4,000 randomly selected Nebraska households that was conducted in mid October 1997. A double-bounded referendum format was used to elicit WTP for water quality improvements. The questionnaire also solicited information on the socioeconomic factors hypothesized to influence WTP and averting expenditures, including: risk perceptions, age, level of education, income, length of stay in Nebraska, source of water supply, opinions regarding who should pay for water quality programs, …