77,086 research outputs found

    Historical forest biomass dynamics modelled with Landsat spectral trajectories

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    Acknowledgements National Forest Inventory data are available online, provided by Ministerio de Agricultura, Alimentación y Medio Ambiente (España). Landsat images are available online, provided by the USGS.Peer reviewedPostprin

    Estimated U.S. Manufacturing Production Capital and Technology Based on an Estimated Dynamic Economic Model

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    Production capital and technology, fundamental to understanding output and productivity growth, are unobserved except at disaggregated levels and must be estimated prior to being used in empirical analysis. We develop and apply a new estimation method, based on advances in economics, statistics, and applied mathematics, which involves estimating a structural dynamic economic model of a representative production firm and using the estimated model to compute Kalman-filtered estimates of capital and technology for the sample period. We apply the method to annual data from 1947-97 for U.S. total manufacturing and compare the estimates with those reported by the Bureau of Labor Statistics.Kalman filter estimation of unobserved state variables

    Smallholders' Cost Efficiency in Mozambique: Implications for Improved Maize Seed Adoption

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    Maize is an important staple in Mozambique. It is also a dominant crop produced by smallholder farmers. However, the actual maize yields, currently estimated at 1.4 tons/ha, fall short of potential yields of 5-6.5 tons/ha. With population growth rate increasingly exceeding agricultural (and maize) productivity growth rate, the government of Mozambique faces a serious problem of food insecurity and poverty alleviation. This study examines cost inefficiency among smallholder maize farmers in Mozambique, and the impact of improved maize seed adoption on cost efficiency. A Translog functional form is used to estimate the frontier cost function. A cost-inefficiency function is used to examine the factors that determine cost inefficiency among farmers. Econometric techniques to control for self-selection bias resulting from endogeneity of the adoption variable are used.stochastic frontier, technology adoption, selection bias, Mozambique, Crop Production/Industries, Q12, Q16, D13, O33,

    Neoclassical versus frontier production models? Testing for the skewness of regression residuals

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    The empirical literature on production and cost functions is divided into two strands: 1) the neoclassical approach that concentrates on model parameters, 2) the frontier approach that decomposes the disturbance term to a symmetric noise term and a positively skewed inefficiency term. We propose a theoretical justification for the skewness of the inefficiency term, arguing that this skewness is the key testable hypothesis of the frontier approach. We propose to test the regression residuals for skewness to distinguish the two competing approaches. Our test builds directly upon the asymmetry of regression residuals and does not require any prior distributional assumptions.Firms and production; Frontier estimation; Hypotheses testing; Production function; Productive efficiency analysis

    Estimated U.S. Manufacturing Production Capital and Technology Based on an Estimated Dynamic Structural Economic Model

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    Production capital and total factor productivity or technology are fundamental to understanding output and productivity growth, but are unobserved except at disaggregated levels and must be estimated before being used in empirical analysis. In this paper, we develop estimates of production capital and technology for U.S. total manufacturing based on an estimated dynamic structural economic model. First, using annual U.S. total manufacturing data for 1947-1997, we estimate by maximum likelihood a dynamic structural economic model of a representative production firm. In the estimation, capital and technology are completely unobserved or latent variables. Then, we apply the Kalman filter to the estimated model and the data to compute estimates of model-based capital and technology for the sample. Finally, we describe and evaluate similarities and differences between the model-based and standard estimates of capital and technology reported by the Bureau of Labor Statistics.Kalman filter estimation of latent variables

    Smallholders’ Cost Efficiency in Mozambique: Implications for Improved Maize Seed Adoption

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    The objectives of this paper are to estimate cost efficiency and investigate factors influencing the cost efficiency of maize-growing smallholders in Mozambique. The data used in this study came from a national random sample of 4,908 smallholder farmers conducted by the Ministry of Agriculture and Rural Development in 2002. Stochastic cost frontier and self-selection bias methods are used. The results indicate that twelve out of twenty factors are significantly found to be the determining factors influencing the cost efficiency. To enhance the cost efficiency of producing maize, policy makers should put more emphasis on improving rural infrastructures, providing better education, and providing access to credit.Crop Production/Industries, Farm Management,

    Measuring Trade and Trade Potential: A Survey

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