kwamea
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Thanks! That definition of LUR is what I was leaning towards. We'll see what reviewers say. Once again thanks for the long interaction.
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So here is the background to my questions. My recently graduated student used IMPLAN to do some of the analysis in her thesis. We wanted to estimate the excess capacity in a region that can be used...
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Sorry but I'm still confused. I have a few more questions that can help me clarify: 1. When you say the local net commodity supply is equal to the total supply (xi) less the "foreign exports," do ...
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Thanks for the reply. But I'm still a bit confused. In your reply, you say: [color=#ff0000]Local Net Commodity = Total Local Commodity Supply - Foreign Exports. Local Use of Local Supply is cal...