Welfare analysis and bootstrapping

Autor: Stelios D. Katranidis, Gregory Kordas, Kostas Velentzas
Rok vydání: 2003
Předmět:
Zdroj: Applied Economics Letters. 10:335-338
ISSN: 1466-4291
1350-4851
DOI: 10.1080/1350485022000041014
Popis: This paper examines the effects of the entry and the 1992 CAP reform on maize producers' welfare and on economic efficiency. This welfare analysis used a bootstrap resampling technique that provided standard errors and confidence intervals for the estimates. These empirical analysis has shown that the price-policy induced changes in farmers' economic welfare were significant at commonly used levels of statistical significance.
Databáze: OpenAIRE