The economics and econometrics of damage control
Concern for the potentially harmful side effects of agricultural chemical inputs, especially pesticides, highlights the need to accurately determine the economic levels of their use. We consider three model specification issues: interaction of direct production inputs with damage control inputs in d...
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| Veröffentlicht in: | American journal of agricultural economics 1997-08, Vol.79 (3), p.773-785 |
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| container_title | American journal of agricultural economics |
| container_volume | 79 |
| creator | Saha, Atanu Shumway, C. Richard Havenner, Arthur |
| description | Concern for the potentially harmful side effects of agricultural chemical inputs, especially pesticides, highlights the need to accurately determine the economic levels of their use. We consider three model specification issues: interaction of direct production inputs with damage control inputs in damage abatement, justification for a priori exclusion of production inputs from the abatement function, and the motivations and consequences of alternative stochastic specifications. Empirical analysis using farm-level data shows that misspecification of the stochastic element in the production function can overestimate the marginal physical productivity of pesticides and grossly underestimate the responsiveness of demand to increases in pesticide prices. |
| doi_str_mv | 10.2307/1244419 |
| format | Article |
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Richard ; Havenner, Arthur</creator><creatorcontrib>Saha, Atanu ; Shumway, C. Richard ; Havenner, Arthur</creatorcontrib><description>Concern for the potentially harmful side effects of agricultural chemical inputs, especially pesticides, highlights the need to accurately determine the economic levels of their use. We consider three model specification issues: interaction of direct production inputs with damage control inputs in damage abatement, justification for a priori exclusion of production inputs from the abatement function, and the motivations and consequences of alternative stochastic specifications. Empirical analysis using farm-level data shows that misspecification of the stochastic element in the production function can overestimate the marginal physical productivity of pesticides and grossly underestimate the responsiveness of demand to increases in pesticide prices.</description><identifier>ISSN: 0002-9092</identifier><identifier>EISSN: 1467-8276</identifier><identifier>DOI: 10.2307/1244419</identifier><identifier>CODEN: AJAEBA</identifier><language>eng</language><publisher>Menasha, Wis: Oxford University Press</publisher><subject>ABONOS ; AGRICULTURAL CHEMICALS ; Agricultural economics ; Agricultural pollution ; Agricultural production ; Agrochemicals ; ANALISIS MARGINAL ; ANALYSE MARGINALE ; BLE ; Contamination ; Crop economics ; Crop production ; DAMAGE ; DAMAGE ABATEMENT ; damage control ; DANOS ; DEGAT ; ECONOMETRIC MODELS ; Econometrics ; Economic models ; ECONOMIC THRESHOLDS ; Economics ; ENGRAIS ; EQUIPO ; FARM INPUTS ; Farm management ; Farms ; FERTILIZERS ; FONCTION DE PRODUCTION ; Frost damage ; FUNCIONES DE LA PRODUCCION ; Health risk assessment ; INPUT PRICES ; INSUMOS AGRICOLAS ; KANSAS ; LAND ; MARGINAL ANALYSIS ; Marginal products ; MATERIEL ; METHODE STATISTIQUE ; METODOS ESTADISTICOS ; MODELE ECONOMETRIQUE ; MODELOS ECONOMETRICOS ; MOYEN DE PRODUCTION AGRICOLE ; PESTICIDE ; pesticide usage ; PESTICIDES ; PLAGUICIDAS ; PRECIOS ; PRICES ; PRIX ; Production estimates ; PRODUCTION FUNCTIONS ; Production input ; Productivity ; PRODUCTOS QUIMICOS AGRICOLAS ; PRODUIT AGROCHIMIQUE ; Q120 ; Q160 ; Q210 ; Scandals ; SEUIL ECONOMIQUE ; Soil pollution ; SPECIFICATIONS ; STATISTICAL METHODS ; STOCHASTIC PROCESSES ; stochastic production ; TERRE ; TIERRAS ; TRIGO ; TRITICUM AESTIVUM ; UMBRAL ECONOMICO ; WHEATS ; yield variability</subject><ispartof>American journal of agricultural economics, 1997-08, Vol.79 (3), p.773-785</ispartof><rights>Copyright 1997 American Agricultural Economics Association</rights><rights>Copyright 1997, American Agricultural Economics Association 1997</rights><rights>1997 Agricultural and Applied Economics Association</rights><rights>Copyright American Agricultural Economics Association Aug 1997</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c5549-2b57661699e8c34bd2da43eeb6fc8ffe4c03ba00d2aa5594d3d7e7b83a35ee933</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/1244419$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/1244419$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,780,784,803,1417,27869,27924,27925,45574,45575,58017,58250</link.rule.ids></links><search><creatorcontrib>Saha, Atanu</creatorcontrib><creatorcontrib>Shumway, C. Richard</creatorcontrib><creatorcontrib>Havenner, Arthur</creatorcontrib><title>The economics and econometrics of damage control</title><title>American journal of agricultural economics</title><addtitle>American Journal of Agricultural Economics</addtitle><addtitle>American Journal of Agricultural Economics</addtitle><description>Concern for the potentially harmful side effects of agricultural chemical inputs, especially pesticides, highlights the need to accurately determine the economic levels of their use. We consider three model specification issues: interaction of direct production inputs with damage control inputs in damage abatement, justification for a priori exclusion of production inputs from the abatement function, and the motivations and consequences of alternative stochastic specifications. Empirical analysis using farm-level data shows that misspecification of the stochastic element in the production function can overestimate the marginal physical productivity of pesticides and grossly underestimate the responsiveness of demand to increases in pesticide prices.</description><subject>ABONOS</subject><subject>AGRICULTURAL CHEMICALS</subject><subject>Agricultural economics</subject><subject>Agricultural pollution</subject><subject>Agricultural production</subject><subject>Agrochemicals</subject><subject>ANALISIS MARGINAL</subject><subject>ANALYSE MARGINALE</subject><subject>BLE</subject><subject>Contamination</subject><subject>Crop economics</subject><subject>Crop production</subject><subject>DAMAGE</subject><subject>DAMAGE ABATEMENT</subject><subject>damage control</subject><subject>DANOS</subject><subject>DEGAT</subject><subject>ECONOMETRIC MODELS</subject><subject>Econometrics</subject><subject>Economic models</subject><subject>ECONOMIC THRESHOLDS</subject><subject>Economics</subject><subject>ENGRAIS</subject><subject>EQUIPO</subject><subject>FARM INPUTS</subject><subject>Farm management</subject><subject>Farms</subject><subject>FERTILIZERS</subject><subject>FONCTION DE PRODUCTION</subject><subject>Frost damage</subject><subject>FUNCIONES DE LA PRODUCCION</subject><subject>Health risk assessment</subject><subject>INPUT PRICES</subject><subject>INSUMOS AGRICOLAS</subject><subject>KANSAS</subject><subject>LAND</subject><subject>MARGINAL ANALYSIS</subject><subject>Marginal products</subject><subject>MATERIEL</subject><subject>METHODE STATISTIQUE</subject><subject>METODOS ESTADISTICOS</subject><subject>MODELE ECONOMETRIQUE</subject><subject>MODELOS ECONOMETRICOS</subject><subject>MOYEN DE PRODUCTION AGRICOLE</subject><subject>PESTICIDE</subject><subject>pesticide usage</subject><subject>PESTICIDES</subject><subject>PLAGUICIDAS</subject><subject>PRECIOS</subject><subject>PRICES</subject><subject>PRIX</subject><subject>Production estimates</subject><subject>PRODUCTION FUNCTIONS</subject><subject>Production input</subject><subject>Productivity</subject><subject>PRODUCTOS QUIMICOS AGRICOLAS</subject><subject>PRODUIT AGROCHIMIQUE</subject><subject>Q120</subject><subject>Q160</subject><subject>Q210</subject><subject>Scandals</subject><subject>SEUIL ECONOMIQUE</subject><subject>Soil pollution</subject><subject>SPECIFICATIONS</subject><subject>STATISTICAL METHODS</subject><subject>STOCHASTIC PROCESSES</subject><subject>stochastic production</subject><subject>TERRE</subject><subject>TIERRAS</subject><subject>TRIGO</subject><subject>TRITICUM AESTIVUM</subject><subject>UMBRAL ECONOMICO</subject><subject>WHEATS</subject><subject>yield variability</subject><issn>0002-9092</issn><issn>1467-8276</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1997</creationdate><recordtype>article</recordtype><sourceid>K30</sourceid><recordid>eNp90d1rFDEQAPAgCp5V_AcUDn2wL6sz-c7jUfqhFBRsRXwJ2d3Zuufe5Zrsof3vm7JHD4T2KczML8MMw9hrhI9cgPmEXEqJ7gmbodSmstzop2wGALxy4Phz9iLnZQkBnZ0xuPhNc2riOq76Js_Dut1FNKa7ROzmbViFK5qX7Jji8JI968KQ6dXuPWCXJ8cXR2fV-dfTz0eL86pRSrqK18pojdo5so2QdcvbIAVRrbvGdh3JBkQdAFoeglJOtqI1ZGorglBETogD9mHqu0nxekt59Ks-NzQMYU1xm70VDsEYgCIPH5WIBq1RCnWh7_6jy7hN67KH50Kg5oC2oPcPISy7gbJOqf18TYo5J-r8JvWrkG48gr87hN8dokiY5N9-oJuHmF98WRzvv-zmjNvNI33fTGiZx5j27L5cTeU-j_TvvhzSH6-NMMqf_fzlv5kfJ3DKpcfi306-C9GHq9Rnf_kdnTNgtEUUt83DsEQ</recordid><startdate>199708</startdate><enddate>199708</enddate><creator>Saha, Atanu</creator><creator>Shumway, C. 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Richard ; Havenner, Arthur</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c5549-2b57661699e8c34bd2da43eeb6fc8ffe4c03ba00d2aa5594d3d7e7b83a35ee933</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1997</creationdate><topic>ABONOS</topic><topic>AGRICULTURAL CHEMICALS</topic><topic>Agricultural economics</topic><topic>Agricultural pollution</topic><topic>Agricultural production</topic><topic>Agrochemicals</topic><topic>ANALISIS MARGINAL</topic><topic>ANALYSE MARGINALE</topic><topic>BLE</topic><topic>Contamination</topic><topic>Crop economics</topic><topic>Crop production</topic><topic>DAMAGE</topic><topic>DAMAGE ABATEMENT</topic><topic>damage control</topic><topic>DANOS</topic><topic>DEGAT</topic><topic>ECONOMETRIC MODELS</topic><topic>Econometrics</topic><topic>Economic models</topic><topic>ECONOMIC THRESHOLDS</topic><topic>Economics</topic><topic>ENGRAIS</topic><topic>EQUIPO</topic><topic>FARM INPUTS</topic><topic>Farm management</topic><topic>Farms</topic><topic>FERTILIZERS</topic><topic>FONCTION DE PRODUCTION</topic><topic>Frost damage</topic><topic>FUNCIONES DE LA PRODUCCION</topic><topic>Health risk assessment</topic><topic>INPUT PRICES</topic><topic>INSUMOS AGRICOLAS</topic><topic>KANSAS</topic><topic>LAND</topic><topic>MARGINAL ANALYSIS</topic><topic>Marginal products</topic><topic>MATERIEL</topic><topic>METHODE STATISTIQUE</topic><topic>METODOS ESTADISTICOS</topic><topic>MODELE ECONOMETRIQUE</topic><topic>MODELOS ECONOMETRICOS</topic><topic>MOYEN DE PRODUCTION AGRICOLE</topic><topic>PESTICIDE</topic><topic>pesticide usage</topic><topic>PESTICIDES</topic><topic>PLAGUICIDAS</topic><topic>PRECIOS</topic><topic>PRICES</topic><topic>PRIX</topic><topic>Production estimates</topic><topic>PRODUCTION FUNCTIONS</topic><topic>Production input</topic><topic>Productivity</topic><topic>PRODUCTOS QUIMICOS AGRICOLAS</topic><topic>PRODUIT AGROCHIMIQUE</topic><topic>Q120</topic><topic>Q160</topic><topic>Q210</topic><topic>Scandals</topic><topic>SEUIL ECONOMIQUE</topic><topic>Soil pollution</topic><topic>SPECIFICATIONS</topic><topic>STATISTICAL METHODS</topic><topic>STOCHASTIC PROCESSES</topic><topic>stochastic production</topic><topic>TERRE</topic><topic>TIERRAS</topic><topic>TRIGO</topic><topic>TRITICUM AESTIVUM</topic><topic>UMBRAL ECONOMICO</topic><topic>WHEATS</topic><topic>yield variability</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Saha, Atanu</creatorcontrib><creatorcontrib>Shumway, C. 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Richard</au><au>Havenner, Arthur</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The economics and econometrics of damage control</atitle><jtitle>American journal of agricultural economics</jtitle><stitle>American Journal of Agricultural Economics</stitle><addtitle>American Journal of Agricultural Economics</addtitle><date>1997-08</date><risdate>1997</risdate><volume>79</volume><issue>3</issue><spage>773</spage><epage>785</epage><pages>773-785</pages><issn>0002-9092</issn><eissn>1467-8276</eissn><coden>AJAEBA</coden><abstract>Concern for the potentially harmful side effects of agricultural chemical inputs, especially pesticides, highlights the need to accurately determine the economic levels of their use. We consider three model specification issues: interaction of direct production inputs with damage control inputs in damage abatement, justification for a priori exclusion of production inputs from the abatement function, and the motivations and consequences of alternative stochastic specifications. Empirical analysis using farm-level data shows that misspecification of the stochastic element in the production function can overestimate the marginal physical productivity of pesticides and grossly underestimate the responsiveness of demand to increases in pesticide prices.</abstract><cop>Menasha, Wis</cop><pub>Oxford University Press</pub><doi>10.2307/1244419</doi><tpages>13</tpages></addata></record> |
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| ispartof | American journal of agricultural economics, 1997-08, Vol.79 (3), p.773-785 |
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| subjects | ABONOS AGRICULTURAL CHEMICALS Agricultural economics Agricultural pollution Agricultural production Agrochemicals ANALISIS MARGINAL ANALYSE MARGINALE BLE Contamination Crop economics Crop production DAMAGE DAMAGE ABATEMENT damage control DANOS DEGAT ECONOMETRIC MODELS Econometrics Economic models ECONOMIC THRESHOLDS Economics ENGRAIS EQUIPO FARM INPUTS Farm management Farms FERTILIZERS FONCTION DE PRODUCTION Frost damage FUNCIONES DE LA PRODUCCION Health risk assessment INPUT PRICES INSUMOS AGRICOLAS KANSAS LAND MARGINAL ANALYSIS Marginal products MATERIEL METHODE STATISTIQUE METODOS ESTADISTICOS MODELE ECONOMETRIQUE MODELOS ECONOMETRICOS MOYEN DE PRODUCTION AGRICOLE PESTICIDE pesticide usage PESTICIDES PLAGUICIDAS PRECIOS PRICES PRIX Production estimates PRODUCTION FUNCTIONS Production input Productivity PRODUCTOS QUIMICOS AGRICOLAS PRODUIT AGROCHIMIQUE Q120 Q160 Q210 Scandals SEUIL ECONOMIQUE Soil pollution SPECIFICATIONS STATISTICAL METHODS STOCHASTIC PROCESSES stochastic production TERRE TIERRAS TRIGO TRITICUM AESTIVUM UMBRAL ECONOMICO WHEATS yield variability |
| title | The economics and econometrics of damage control |
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