5,361 research outputs found

    ESTIMATION OF SUPPLY AND DEMAND ELASTICITIES OF CALIFORNIA COMMODITIES

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    The primary purpose of this paper is to provide updated estimates of domestic own-price, cross-price and income elasticities of demand and estimated price elasticities of supply for various California commodities. Flexible functional forms including the Box-Cox specification and the nonlinear almost ideal demand system are estimated and bootstrap standard errors obtained. Partial adjustment models are used to model the supply side. These models provide good approximations in which to obtain elasticity estimates. The six commodities selected represent some of the highest valued crops in California. The commodities are: almonds, walnuts, alfalfa, cotton, rice, and tomatoes (fresh and processed). All of the estimated own-price demand elasticities are inelastic and, in general, the income elasticities are all less than one. On the supply side, all the short-run price elasticities are inelastic. The long-run price elasticities are all greater than their short-run counterparts. The long-run price supply elasticities for cotton, almonds, and alfalfa are elastic, i.e., greater than one. Policy makers can use these estimates to measure the changes in welfare of consumers and producers with respect to changes in policies and economic variables.Consumer Economics: Empirical Analysis, Agricultural Markets and Marketing, Agriculture: Aggregate Supply and Demand Analysis, Prices, Agribusiness, Agricultural and Food Policy, Consumer/Household Economics, Crop Production/Industries, Demand and Price Analysis, Marketing, D120, Q130, Q110,

    Evaluation of liming materials derived from a calcareous beach deposit in Hawaii

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    Compact Nuclei in Galaxies at Moderate Redshift: I. Imaging and Spectroscopy

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    This study explores the space density and properties of active galaxies to z=0.8. We have investigated the frequency and nature of unresolved nuclei in galaxies at moderate redshift as indicators of nuclear activity such as Active Galactic Nuclei (AGN) or starbursts. Candidates are selected by fitting imaged galaxies with multi-component models using maximum likelihood estimate techniques to determine the best model fit. We select those galaxies requiring an unresolved, point source component in the galaxy nucleus, in addition to a disk and/or bulge component, to adequately model the galaxy light. We have searched 70 WFPC2 images primarily from the Medium Deep Survey for galaxies containing compact nuclei. In our survey of 1033 galaxies, the fraction containing an unresolved nuclear component greater than 3% of the total galaxy light is 16+/-3% corrected for incompleteness and 9+/-1% for nuclei greater than 5% of the galaxy light. Spectroscopic redshifts have been obtained for 35 of our AGN/starburst candidates and photometric redshifts are estimated to an accuracy of sigma_z=0.1 for the remaining sample. In this paper, the first of two in this series, we present the selected HST imaged galaxies having unresolved nuclei and discuss the selection procedure. We also present the ground-based spectroscopy for these galaxies as well as the photometric redshifts estimated for those galaxies without spectra.Comment: 56 pages, 22 figures, to appear in ApJ Supplement Series, April 199

    Compact Nuclei in Moderately Redshifted Galaxies

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    The Hubble Space Telescope WFPC2 is being used to obtain high-resolution images in the V and I bands for several thousand distant galaxies as part of the Medium Deep Survey (MDS). An important scientific aim of the MDS is to identify possible AGN candidates from these images in order to measure the faint end of the AGN luminosity function as well as to study the host galaxies of AGNs and nuclear starburst systems. We are able to identify candidate objects based on morphology. Candidates are selected by fitting bulge+disk models and bulge+disk+point source nuclei models to HST imaged galaxies and determining the best model fit to the galaxy light profile. We present results from a sample of MDS galaxies with I less than 21.5 mag that have been searched for AGN/starburst nuclei in this manner. We identify 84 candidates with unresolved nuclei in a sample of 825 galaxies. For the expected range of galaxy redshifts, all normal bulges are resolved. Most of the candidates are found in galaxies displaying exponential disks with some containing an additional bulge component. 5% of the hosts are dominated by an r^-1/4 bulge. The V-I color distribution of the nuclei is consistent with a dominant population of Seyfert-type nuclei combined with an additional population of starbursts. Our results suggest that 10% +/- 1% of field galaxies at z less than 0.6 may contain AGN/starburst nuclei that are 1 to 5 magnitudes fainter than the host galaxies.Comment: 12 pages AASTeX manuscript, 3 separate Postscript figures, to be published in ApJ Letter

    The Morphologically Divided Redshift Distribution of Faint Galaxies

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    We have constructed a morphologically divided redshift distribution of faint field galaxies using a statistically unbiased sample of 196 galaxies brighter than I = 21.5 for which detailed morphological information (from the Hubble Space Telescope) as well as ground-based spectroscopic redshifts are available. Galaxies are classified into 3 rough morphological types according to their visual appearance (E/S0s, Spirals, Sdm/dE/Irr/Pec's), and redshift distributions are constructed for each type. The most striking feature is the abundance of low to moderate redshift Sdm/dE/Irr/Pec's at I < 19.5. This confirms that the faint end slope of the luminosity function (LF) is steep (alpha < -1.4) for these objects. We also find that Sdm/dE/Irr/Pec's are fairly abundant at moderate redshifts, and this can be explained by strong luminosity evolution. However, the normalization factor (or the number density) of the LF of Sdm/dE/Irr/Pec's is not much higher than that of the local LF of Sdm/dE/Irr/Pec's. Furthermore, as we go to fainter magnitudes, the abundance of moderate to high redshift Irr/Pec's increases considerably. This cannot be explained by strong luminosity evolution of the dwarf galaxy populations alone: these Irr/Pec's are probably the progenitors of present day ellipticals and spiral galaxies which are undergoing rapid star formation or merging with their neighbors. On the other hand, the redshift distributions of E/S0s and spirals are fairly consistent those expected from passive luminosity evolution, and are only in slight disagreement with the non-evolving model.Comment: 11 pages, 4 figures (published in ApJ

    What is the Best Soybean Row Width? A U.S. Perspective

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    What is the best row width for soybeans? That seemingly simple question has been the subject of debate and research for about 80 years - ever since people stopped thinking of soybeans as a hay crop and started considering it a grain crop
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