Journal of Agricultural and Applied Economics
Опубликовано на портале: 24-11-2003Michael Boland, Ted C. Schroeder Journal of Agricultural and Applied Economics. 2002. Vol. 34. No. 1. P. 39-49.
The objective of this research is to determine the marginal value of attributes to consumers with respect to natural beef or beef produced with organic grains. A hedonic model is used to value attributes of 11 different primal cuts. Results suggest that producers under this particular natural/implant-free marketing alliance should market high-yielding animals rather than high-quality grading animals. Consumers of this beef value taste, as measured by dry aging, and leanness, as measured by USDA Select grade. The economic magnitudes of the variable under a producer’s control were small relative to those that could be controlled by a producer.
Опубликовано на портале: 24-11-2003Jan Wojciechowski, Glenn C.W. Ames, Stephen C. Turner, Bill R. Miller Journal of Agricultural and Applied Economics. 2000. Vol. 32. No. 3. P. 521-529.
An expected-utility model and a chance-constrained linear programming model were used to analyze four marketing strategies and seven crop insurance alternatives for cotton marketing in Georgia. The results suggest that existing marketing tools and insurance alternatives can be used to reduce cotton producers’ revenue risk. The optimal level of yield and price insurance coverage depends on an individual producer’s risk aversion.
Опубликовано на портале: 21-02-2005Timothy J. Richards, Albert Kagan, Pamela Mischen, Richard Adu-Asamoah Journal of Agricultural and Applied Economics. 1996. Vol. 28. No. 2. P. 263-272.
In August 1994, the Secretary of Agriculture announced the termination of the marketing order and the associated flow-to-market, or prorate, controls for fresh California and Arizona (CA/AZ) lemons. Lemon growers and handlers have expressed concern over the impact of this decision on retail-FOB margins. This study presents an econometric model of fresh lemon marketing margins that tests for the presence of buyer and seller market power during previous periods of marketing order suspension. The results show that buyer and, to a lesser extent, seller market power cause retail-FOB margins to widen during periods of prorate suspension.
Опубликовано на портале: 09-03-2005Matthew A. Renkoski Journal of Agricultural and Applied Economics. 1997. Vol. 29. No. 1. P. 123-128.
DuPont Quality Grains is focused on improving grain quality for end users, rather than on farm production traits. A major DuPont program is high oil corn. Feed corn has a huge market, and, because it requires no intermediate processing, any enhanced value is measurable by end users. Standard commodity markets do not function for capturing the value of enhanced grains, and so DuPont works with end users, elevators, farmers, and seed companies to create market channels. As biotechnology commercializes more value-enhancing traits targeted to specific agricultural customers, vertical value chains will become shorter and more coordinated while standard commodity markets will diminish.
Опубликовано на портале: 27-04-2005Jean C. Buzby, John A. Fox, Richard C. Ready, Stephen R. Crutchfield Journal of Agricultural and Applied Economics. 1998. Vol. 30. No. 1. P. 69-82.
Microbial pathogens and pesticide residues in food pose a financial burden to society which can be reduced by incurring costs to reduce these food safety risks. We explore three valuation techniques that place a monetary value on food safety risk reductions, and we present a case study for each: a contingent valuation survey on pesticide residues, an experimental auction market for a chicken sandwich with reduced risk of Salmonella, and a cost-of-illness analysis for seven food borne pathogens. Estimates from these techniques can be used in cost benefit analyses for policies that reduce food safety risks.
Measuring Inefficiency in the Presence of an Export Tax, an Import Tariff, and a State Trading Enterprise [статья]
Опубликовано на портале: 24-11-2003Troy G. Schmitz Journal of Agricultural and Applied Economics. 2002. Vol. 34. No. 1. P. 81-93.
Agricultural sales cooperative unions (ASCUs) in Turkey are heavily influenced by both domestic and international government policies. Both export taxes and import tariffs are used as policy tools to regulate cotton markets. Domestic price support programs, water subsidies, fertilizer subsidies, and credit subsidies have also been used as domestic policy tools. These types of subsidies are not uncommon among developing countries. This paper provides empirical estimates of the degree of economic inefficiency associated with government intervention in Turkish cotton markets. A two-region partial equilibrium model of cotton exports and imports is developed under the “small country assumption” to obtain empirical estimates of the deadweight welfare loss associated with these government subsidies. Although government intervention results in significant income distribution among the various cotton sectors within Turkey, the overall economic inefficiency of the redistribution is very low.
Опубликовано на портале: 21-02-2005Kuo S. Huang Journal of Agricultural and Applied Economics. 1993. Vol. 25. No. 1. P. 217-227.
A set of ordinary and inverse demand systems for U.S. quarterly meat consumption is Estimated or use to measure the effects of U.S. meat trade on consumers’ welfare. The approach is useful to incorporate all direct- and cross-commodity effects into price forecasting and the Hicksian compensating variation measurement.
Опубликовано на портале: 24-02-2005George C. Davis, William J. Hewitt Journal of Agricultural and Applied Economics. 1996. Vol. 28. No. 1. P. 148-158.
Domestic tobacco producers have faced increasing competition from imported tobacco since the late 1970s. Much of the debate has centered on the unknown quality of imported tobacco. This study provides a discussion and clarification of the concept of quality, and demonstrates a method of measuring the average quality of imported tobacco. The results show that since 1977, imported tobacco has been steadily decreasing in average quality and moving toward lower quality producing countries and types of tobacco. The reasons for this decline are discussed along with the policy implications.
Опубликовано на портале: 24-11-2003Panes Fousekis, Brian J. Revell Journal of Agricultural and Applied Economics. 2000. Vol. 32. No. 1. P. 11-19.
A differential approach is employed to analyze demand for meat in the United Kingdom during 1989–99. Differential demand systems with fixed price effects (Rotterdam and CBS) better explain consumers’ retail purchase allocation decisions for beef, lamb, pork, bacon and poultry compared with models containing variable price effects (NBR and differential AIDS). The real expenditure and the Hicksian demand elasticities are generally found to be quite different from earlier studies using AIDS models. A quality change index of meat consumption is constructed from the estimated CBS model estimation results and decomposed into real expenditure, substitution, trend, seasonal and residual effects.
Опубликовано на портале: 21-02-2005Gary D. Lynne, Phyllis Saarinen Journal of Agricultural and Applied Economics. 1993. Vol. 25. No. 1. P. 69-83.
The debate over pnvatizing and water markets has moved back and forth for decades between the “I” and the “We” perspectives. Rather than either/or, a balanced “I&We” view of water institutions is needed. West is meeting east in water law. Public interest needs must be satisfied in appropriate decision forums, but marketing may prove a social improvement when used as a supplement. Balancing an “I&We” institution involves establishing an acceptable or tolerable level of interference through judicious mixing of state, common and private property regimes. Third party effects are eliminated as mutual gain arises in a variety of decision forums.
Опубликовано на портале: 21-02-2005Erin O. Sills, Jeffrey Alwang, Paul Driscoll Journal of Agricultural and Applied Economics. 1994. Vol. 26. No. 1. P. 209-223.
The economic impact of migrant farmworkers on an agriculture-dependent region is investigated The direct effects of inflows of state and federal dollars for migrant services, and production of high-valued commodities are computed, Indirect and induced effects are modeled through the use of the IMPLAN input output model. Various alternatives to migrant labor are investigated, including production of less labor-intensive crops, acreage retirement, and contract H2A workers. Migrants are found to create substantial economic activity on the Eastern Shore of Virginia.
Опубликовано на портале: 28-04-2005Blake K. Bennett, S.K. Misra Journal of Agricultural and Applied Economics. 1998. Vol. 29. No. 2. P. 363-372.
This study focuses on least-cost farm-to-mill cotton cleaning configurations employing survey, regression, and simulation techniques. The resulting least-cost cotton cleaning configurations, employing standard textile technology, included the use of one lint cleaning in the ginning stage. The use of a field cleaner in the harvesting stage was also found to be optimal with some variation based on the desired yam quality. Results of the study indicated that the optimal cleaning configurations were distinctly different from currently used practices, such that appropriate changes could save the cotton industry between $0.30 and $0.60 per bale of cotton, depending on the desired yam quality.
Опубликовано на портале: 18-02-2005Abdelmoneim H. Elnagheeb, Wojciech J. Florkowski Journal of Agricultural and Applied Economics. 1993. Vol. 25. No. 1. P. 187-193.
Two methodological approaches were applied to estimating the number of non-bearing trees in the absence of such data using data for the Southern USA pecan industry. The first approach distinguished between bearing and non-bearing phases of a tree life and directly estimated the number of non-bearing trees. The second focused on indirect estimating of the non-bearing tree number from changes in production. This approach relaxed the assumption of maintaining maximum yields for infinite period as used in earlier studies. Empirical applications used two data sets from the pecan industry. The comparison of empirical results suggested that the first method was more accurate than the alternative approach in predicting the number of newly planted trees over an extended period of time. Additional data collection will allow for further application of available methodology to the pecan industry
Опубликовано на портале: 24-02-2005Wayne Purcell Journal of Agricultural and Applied Economics. 1993. Vol. 25. No. 1. P. 14-23.
Morale and faculty development are closely related. The agricultural economics Profession must decide what it is about. There is room to practice the principle of comparative advantage and allow a degree of specialization in teaching, extension, and research. To continue in the role of an applied discipline, there must also be an opportunity for the young professional to establish rapport with, and understanding of, the private sector and the policy-making arena. If that is to happen, there must be encouragement in the institutional setting and by faculty colleagues who respect the importance of investment in building rapport and in establishing credibility. If that environment is present, morale should be good and faculty development will occur.
Опубликовано на портале: 21-11-2003Martin A. Garrett Journal of Agricultural and Applied Economics. 2001. Vol. 33. No. 3.
This article provides additional empirical evidence concerning the choice of the mules as the dominant draft animal in southern agricultural production in the latter 19th and early 20th century. While the mule was uniquely suited to the crops and climate of the region, two divergent arguments have been presented as to why the mule was the dominant draft animal in southern agricultural production. This research reevaluates these arguments and provides evidence that it was, in fact, the characteristics of this hybrid that made it the preferred draft animal for the South.