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Registros recuperados: 34 | |
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Goodhue, Rachael E.; Rausser, Gordon C.. |
American agriculture is shifting from homogeneous commodities to differentiated products. Value differentiation, the process by which agrifood chain actors isolate, match, and exploit heterogeneity in consumer preferences and product attributes, is examined. Value differentiation is characterized by complementarities across four activities at each stage of the production chain: product characteristic measurement, product characteristic production, coordination between stages, and customer preference detection. Complementarities at the firm level are modeled using supermodularity. The model's predictions are discussed, as are potential testing approaches, and implications are presented for agrifood firms, marketing orders, and returns to research. |
Tipo: Journal Article |
Palavras-chave: Complementarities; Supermodularity; Value differentiation; Agribusiness. |
Ano: 2003 |
URL: http://purl.umn.edu/31069 |
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Fernandez-Cornejo, Jorge; Alexander, Corinne E.; Goodhue, Rachael E.. |
Controversy over the use of genetically engineered (GE) crops may have induced some farmers to disadopt these seeds, making a traditional diffusion model inappropriate. In this study, we develop and estimate a dynamic diffusion model, examine the diffusion paths of GE corn, soybeans, and cotton, predict the adoption of those crops over the next two years, and explore the main determinants of the diffusion rate. Our estimates indicate that future growth of Bt crops will be slower or negative, depending mainly on the infestation levels of the target pests. Adoption of herbicide-tolerant soybeans and cotton will continue to increase, unless consumer sentiment in the United States changes radically. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
Ano: 2002 |
URL: http://purl.umn.edu/31479 |
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Goodhue, Rachael E.; LaFrance, Jeffrey T.; Simon, Leo K.. |
We consider the impact of taxes on the quantity and quality produced of goods whose market values accrue with age. The analysis is motivated by the high and increasing taxation rates in the wine industry across the globe. If society values both quality and quantity as goods, an optimal tax system would never reduce the quality marketed, though it necessarily reduces quantity. Any two-tax system that includes a volumetric sales tax and any one of three other types of tax an ad valorem sales tax, an ad valorem storage tax, or a volumetric storage tax spans the quality/revenue space and can support an optimal tax system. Any tax system that reduces quality relative to the market equilibrium with no taxes could increase tax revenues and reduce the quality... |
Tipo: Working or Discussion Paper |
Palavras-chave: Industrial Organization; Public Economics. |
Ano: 2004 |
URL: http://purl.umn.edu/25021 |
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Carter, Colin A.; Chalfant, James A.; Goodhue, Rachael E.; Groves, Kiara; Simon, Leo K.. |
Environmental regulation of agriculture is becoming increasingly important, and growers are increasingly concerned about the effects of regulations on their profitability. Regulations governing the use of a pesticide affect its economic value. Further, growers often face a choice among pesticide alternatives, each with its own set of regulatory restrictions. In this environment, the introduction of a new regulation can have complex effects on growers' profit-maximizing pesticide choices. Buffer zones and regional emissions caps mean that pesticide choices can have important spatial components. Our paper presents an optimization model that incorporates spatial considerations at the field and regional level. We apply our model to fumigant choice by... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/20166 |
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Registros recuperados: 34 | |
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