Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie最新文献_第7页

Gender diversity, sustainability reporting, CEO overconfidence, and efficient risk-taking: Evidence from South Asian agri-food industry 性别多样性、可持续发展报告、CEO过度自信与有效风险承担:来自南亚农业食品行业的证据

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-09-08 DOI: 10.1111/cjag.12318

Farzan Yahya, Li Meiling, Chien-Chiang Lee, Muhammad Waqas, Zhang Shaohua

{"title":"Gender diversity, sustainability reporting, CEO overconfidence, and efficient risk-taking: Evidence from South Asian agri-food industry","authors":"Farzan Yahya, Li Meiling, Chien-Chiang Lee, Muhammad Waqas, Zhang Shaohua","doi":"10.1111/cjag.12318","DOIUrl":"10.1111/cjag.12318","url":null,"abstract":"This article aims to understand the impact of board gender diversity (BGD) on the firm's deviation from efficient risk-taking (DERT) along with the mediating effect of sustainability reporting and the moderating effect of CEO overconfidence. The sample consists of 77 South Asian agri-food firms over the period 2010–2019. To account for endogeneity and other statistical biases, we use a system GMM approach. The results show that there is a non-monotonic relationship between BGD and DERT. Consistent with critical mass theory, we find that at least three women on board (WOB) are required to reduce the firm's DERT. The findings of the study also reveal that the overconfident CEO may restrict the female directors to achieve the firm's efficient risk-taking. The evidence further suggests that sustainability reporting quality (SRQ) does not mediate the link between BGD and a firm's DERT. The robustness tests are performed based on alternative risk proxy and the likelihood of financial distress. Our results theoretically support stakeholder, critical mass, and agency perspective that South Asian capital markets should enhance the representation of WOB to mitigate agency conflicts and to improve long-term firm sustainability.","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"70 3","pages":"219-238"},"PeriodicalIF":9.0,"publicationDate":"2022-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86191502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 7

Willingness to pay for multiple dimensions of green open space: Applying a spatial hedonic approach 为多维绿色开放空间买单的意愿:应用空间享乐主义方法

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-08-29 DOI: 10.1111/cjag.12317

Ziwei Hu, Hotaka Kobori, Brent Swallow, Feng Qiu

{"title":"Willingness to pay for multiple dimensions of green open space: Applying a spatial hedonic approach","authors":"Ziwei Hu, Hotaka Kobori, Brent Swallow, Feng Qiu","doi":"10.1111/cjag.12317","DOIUrl":"10.1111/cjag.12317","url":null,"abstract":"To optimize land conservation strategies with limited resources, it is necessary to understand people's preferences and willingness to pay (WTP) for green open space. The hedonic pricing method (HPM) is widely used. However, the conventional HPM assumes no value spillovers between neighbouring properties. Here we adopt a spatial regression approach that allows us to relax the no-spillover assumption. Through an analysis of access to different types, intensity and developability of open green space on house prices in the City of Edmonton, Canada, we illustrate how spatial HPM can be used to quantify direct and spillover values of different dimensions of open green space. We find that WTP for open space has significant spillover effects, ignoring such spillovers would under-estimate the total value of open space protection and thus the socially optimal amount of land conservation. All else equal, people are willing to pay most for houses that are close to non-developable green open space and woodlands. The highest price premiums are for woodlands and non-developable green open space, followed by living near the University of Alberta farm. On the contrary, people need small compensation to live near large commercial farms. The results suggest a NIMBY attitude toward preservation of commercial agriculture.","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"70 3","pages":"179-201"},"PeriodicalIF":9.0,"publicationDate":"2022-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84873346","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Analysis of impacts of inflation on the distribution of household consumption expenditures 通货膨胀对居民消费支出分配的影响分析

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-08-09 DOI: 10.1111/cjag.12315

Lester D. Taylor

{"title":"Analysis of impacts of inflation on the distribution of household consumption expenditures","authors":"Lester D. Taylor","doi":"10.1111/cjag.12315","DOIUrl":"10.1111/cjag.12315","url":null,"abstract":"As a consequence of the COVID-19 pandemic of early 2020, production in the United States, as in much of the world, largely came to a standstill. Unemployment in the United States quickly rose from 3.5% in February to 13.2% in May, quarter-to-quarter GDP fell 7.8%, and substantial transfers were enacted to maintain household income. The resulting mismatch between aggregate supply and demand not surprisingly ignited an inflation that by early 2022 had reached a year-over-year 40-year high. The purpose of the present communication is to utilize a framework developed from data embodied in surveys of households’ consumer expenditures to analyze impacts of this inflation on separate categories of expenditure. The engine for the analysis, whose construction is described in detail by Taylor (2013, is a matrix of “intra-budget” coefficients that represent the direct relationships amongst different categories of expenditure in households’ budgets. The elements of this matrix are constructed from the information in 58 quarters of data (2006 through 2019) from the ongoing BLS Survey of Consumer Expenditure to analyze effects and impacts on 16 categories of US household consumption expenditure of the 2021–2022 inflation. Principal findings include: expenditures for housing, transportation, gasoline and oil, and personal insurance consistently endure the largest impacts from inflation; real- income effects from inflation differ from those arising from a like cut in nominal income; not surprisingly, food expenditures are most impacted at low income.","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"70 3","pages":"239-258"},"PeriodicalIF":9.0,"publicationDate":"2022-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88385291","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

An economic analysis of production efficiency: Evidence from Irish farms 生产效率的经济分析:来自爱尔兰农场的证据

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-06-23 DOI: 10.1111/cjag.12314

Jean-Paul Chavas, Doris Läpple, Bradford Barham, Emma Dillon

{"title":"An economic analysis of production efficiency: Evidence from Irish farms","authors":"Jean-Paul Chavas, Doris Läpple, Bradford Barham, Emma Dillon","doi":"10.1111/cjag.12314","DOIUrl":"10.1111/cjag.12314","url":null,"abstract":"The objective of this paper is to investigate the economics of production efficiency of dairy farms, with a specific focus on the role of agricultural policy. Our analysis is based on a representative sample of Irish dairy farms, ranging from 2000 to 2018, which includes a period of major change in EU dairy policy. Based on a multi-input multi-output production system, we first estimate technical, allocative, scale and scope efficiencies. We find significant heterogeneity in technical and allocative efficiencies, which change over time. We also calculate shadow prices of milk quota, which suggest that milk quotas restricted many farmers and limited their ability to produce milk. Finally, we explore determinants of technical, allocative, scale and overall inefficiencies using random panel-data censored regression. We find that subsidies are positively associated with farm efficiency, but the effects vary over distinct quota abolition periods. Overall, our empirical findings indicate that agricultural policy had important effects on the managerial effectiveness of farmers.","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"70 2","pages":"153-173"},"PeriodicalIF":9.0,"publicationDate":"2022-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/cjag.12314","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78109858","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Why did China's cost-reduction-oriented policies in food safety governance fail? The collective action dilemma perspective 为什么中国以降低成本为导向的食品安全治理政策失败了?集体行动困境视角

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-06-14 DOI: 10.1111/cjag.12313

Yiqing Su, Hailong Yu, Menglin Wang, Xinqi Li, Yanyan Li

{"title":"Why did China's cost-reduction-oriented policies in food safety governance fail? The collective action dilemma perspective","authors":"Yiqing Su, Hailong Yu, Menglin Wang, Xinqi Li, Yanyan Li","doi":"10.1111/cjag.12313","DOIUrl":"10.1111/cjag.12313","url":null,"abstract":"Consumer participation plays an important role in improving food safety. Current research shows that reducing associated costs can promote consumer participation; however, the cost-reduction-oriented policies adopted by the Chinese government has had little impact on consumer participation. This study explores the reasons for the failure of the Chinese cost-reduction-oriented policies in food safety governance from the perspective of the collective action dilemma. Building upon previous work and using data from an online survey of 1229 consumers in China, we use a mediating effect model to examine the causal relationship between the low participation rate and the high participation cost. The results suggest that low consumer participation in food safety governance is due to free-riding built on the actions of others. The problem with the cost-reduction-oriented policies is that they addressed high participation costs, identified by this study as the consequence of non-participation, but paid little attention to the actual cause – free-riding. Our research sheds light on the collective action dilemma from a new perspective to understand consumer participation. Assessing the relationship between participation cost, free-riding, and the actual participation behavior in food safety governance could lead to a new line of theoretical and empirical inquiry for studying collective action in public affairs.","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"70 3","pages":"203-217"},"PeriodicalIF":9.0,"publicationDate":"2022-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74394142","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

A portion cap rule with two products: An experimental evaluation 两种产品的比例上限规则:实验评估

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-05-29 DOI: 10.1111/cjag.12308

José G. Nuño-Ledesma

引用次数: 1

A survey of literature examining farmland prices: A Canadian focus 研究农田价格的文献调查:加拿大的焦点

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-05-23 DOI: 10.1111/cjag.12307

B. James Deaton, Chad Lawley

引用次数: 2

Handling the discontinuity in futures prices when time series modeling of commodity cash and futures prices 对商品现货和期货价格进行时间序列建模时，期货价格不连续性的处理

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-05-09 DOI: 10.1111/cjag.12306

Joshua G. Maples, B. Wade Brorsen

引用次数: 1

Reforming Canada's dairy supply management scheme and the consequences for international trade 改革加拿大乳制品供应管理计划及其对国际贸易的影响

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-03-16 DOI: 10.1111/cjag.12305

Brennan A. McLachlan, G. Cornelis van Kooten

{"title":"Reforming Canada's dairy supply management scheme and the consequences for international trade","authors":"Brennan A. McLachlan, G. Cornelis van Kooten","doi":"10.1111/cjag.12305","DOIUrl":"10.1111/cjag.12305","url":null,"abstract":"Following Carter and Mérel (2016), we explore the export benefits of reforming supply management (SM) in Canada's dairy sector. A trade model with ten regions and five dairy product categories is developed and used to examine the potential benefits of opening international markets to Canadian dairy products. In addition to a baseline, three scenarios are compared—one with SM in place but with Canada able to export freely. Two other scenarios assume SM is eliminated and there is complete free trade, but with high- and low-cost structures. Findings indicate that, in the high-cost scenario, domestic consumers gain from lower prices as the domestic supply and exports fall compared to the status quo, but producers are less well off. However, under a low domestic cost structure, Canada becomes a major exporter of milk, with both producers and consumers gaining from free trade. This scenario assumes that domestic producers take advantage of economies of scale, enabling them to compete in international markets. Appropriate policies will be required to reform the quota regime, while minimizing the harm done to dairy farmers.","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"70 1","pages":"21-39"},"PeriodicalIF":9.0,"publicationDate":"2022-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90821660","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Six decades of environmental resource valuation in Canada: A synthesis of the literature 加拿大六十年的环境资源评估:文献综合

IF 9 2区经济学

Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie Pub Date : 2022-03-14 DOI: 10.1111/cjag.12304

James Macaskill, Patrick Lloyd-Smith

引用次数: 3