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Registros recuperados: 25
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Strukturwandel durch Fusionen im Ernährungssektor: Ein anhaltender Konzentrationsprozess? AgEcon
Neumann, Gyde; Weiss, Christoph R..
Mergers and acquisitions substantially affect the structure of the German food industry. This study analyses changes in the number of mergers and acquisitions for 21 German industries between 1976 and 1994. The results of an econometric panel data analysis show (a) a high degree of persistence, (b) distinct anti-cyclical fluctuations and a positive trend of merger activities as well as (c) significant effects of industry specific characteristics. Contrary to the available empirical literature the econometric model differentiates between industry characteristics of “acquiring” and “acquired” firms.
Tipo: Journal Article Palavras-chave: Mergers and acquisitions; Food industry; Structural change; Merger waves; Panel analysis; Industry characteristics; Economic cycle; Agribusiness; Industrial Organization.
Ano: 2001 URL: http://purl.umn.edu/98904
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Analysing Family Farm Succession: A Probit and a Competing Risk Approach AgEcon
Glauben, Thomas; Tietje, Hendrik; Weiss, Christoph R..
The present study examines family and farm characteristics affecting the choice and the timing of intergenerational farm transfers. Using survey data which are linked to accounting data for 272 farms in Northern Germany, we use a probit approach to examine whether specific farm and family characteristics are related to the likelihood of succession within a given period. We go beyond the existing literature by applying a competing risk approach to study the process and thus the timing, respectively of the two competing events – succession or exit from farming. We find that farm characteristics significantly influence succession considerations to the extent that they affect the value of the farm for the potential successor.
Tipo: Conference Paper or Presentation Palavras-chave: Intrafamily succession; Survey data; Competing risk; Farm Management; Q12; J26.
Ano: 2005 URL: http://purl.umn.edu/24699
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FARM SUCCESSION PLANS AND ACTUAL BEHAVIOUR: EVIDENCE FROM A HOUSEHOLD SURVEY AND CENSUS DATA AgEcon
Glauben, Thomas; Tietje, Hendrik; Weiss, Christoph R..
This study examines family farms and characteristics affecting farm succession. Based on a farm survey, three aspects of succession are analysed in the paper: the probability of family succession; the likelihood of having a successor designated; and the timing of succession. Large and specialised farms are more likely to be transferred within the family and to have appointed a successor. The number of family members, as well as the experience of farm operator, is also significantly related to the succession behaviour. The probabilities of succession, and of having a successor, first increase with age and then decline again. Furthermore, timing of succession is delayed as the farm holder ages, suggesting most farm operator's’ succession plans to be...
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2002 URL: http://purl.umn.edu/19691
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Intergenerational Succession on Family Farms: Evidence from Survey Data AgEcon
Glauben, Thomas; Tietje, Hendrik; Weiss, Christoph R..
This study examines family farms and characteristics affecting farm succession. Based on a farm survey, three aspects of succession are analysed in the paper: the probability of family succession; the likelihood of having a successor designated; and the timing of succession. Large and specialised farms are more likely to be transferred within the family and to have appointed a successor. The number of family members, as well as the experience of farm operator, is also significantly related to the succession behaviour. The probabilities of succession, and of having a successor, first increase with age and then decline again. Furthermore, timing of succession is delayed as the farm holder ages, suggesting most farm operators' succession plans to be...
Tipo: Conference Paper or Presentation Palavras-chave: Farm succession; Survey data; Econometric analysis; Farm Management.
Ano: 2002 URL: http://purl.umn.edu/24918
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Product Quality in the Food Chain: Do Cooperatives Offer High Quality Products? AgEcon
Pennerstorfer, Dieter; Weiss, Christoph R..
Cooperatives and investor-owned firms are alternative forms of business organisation that coexist and compete in many markets. The theoretical literature has identified a number of comparative advantages and disadvantages of cooperatives. Decentralized decision making within cooperatives may lead to quality coordination problems (free-riding on product quality), for example: whereas the individual member has to bear the full costs associated with higher quality, the benefits of delivering higher quality will be shared among all members. The present paper investigates this free-riding problem in determining product quality within a marketing cooperative in a vertically related market (food chain). On the basis of a mixed-oligopoly model, we show that the...
Tipo: Conference Paper or Presentation Palavras-chave: Product quality; Cooperatives; Food chain; Competition; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/58111
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Zukunft der agrar- und ernährungsökonomischen Forschung und Lehre AgEcon
Buchenrieder, Gertrud; von Cramon-Taubadel, Stephan; Heckelei, Thomas; Wehrheim, Peter; Weiss, Christoph R..
Tipo: Journal Article Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2002 URL: http://purl.umn.edu/98245
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Farm Household Income and On-and-Off Farm Diversification AgEcon
McNamara, Kevin T.; Weiss, Christoph R..
The paper analyzes the relationship between off-farm labor allocation and on-farm enterprise diversification as farm household income stabilization strategies with census data from the federal state of Upper Austria, Austria. The results suggest that both on-farm diversification and off-farm labor allocation are related to farm and household characteristics. Larger farm households tend to allocate more labor to off-farm income activities.
Tipo: Journal Article Palavras-chave: Enterprise diversification; Farm income risk; Off-farm income; Agricultural Finance; Consumer/Household Economics; J20; O13; Q12; Q19; R19.
Ano: 2005 URL: http://purl.umn.edu/43711
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Do Cooperatives Offer High Quality Products? Theory and Empirical Evidence from the Wine Market AgEcon
Pennerstorfer, Dieter; Weiss, Christoph R..
We investigate the impact of decentralised decision making on product quality. Comparing a cooperative (decentralized decision making) and a firm (centralized decision making) suggests that members of the cooperative have an incentive to produce too much and to free-ride on quality. Free-riding on quantity and quality are interrelated which implies that the final product of the cooperative can even be of higher quality than its entrepreneurial twin, despite free-riding on quality. Whether or not cooperatives deliver higher quality products depends on the way in which the quality of the final product is determined from the quality levels of the inputs delivered (quality aggregation) as well as the number of members of the cooperative. Empirical evidence on...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/115741
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SUSSESSION IN AGRICULTURE: A PROBIT AND COMPETING RISK ANALYSIS AgEcon
Glauben, Thomas; Tietje, Hendrik; Weiss, Christoph R..
The present study examines family and farm characteristics affecting the choice and the timing of intergenerational farm transfers. Using survey data which are linked to accounting data for 272 farms in Northern Germany, we use a probit approach to examine whether specific farm and family characteristics are related to the likelihood of succession within a given period. We go beyond the existing literature by applying a competing risk approach to study the process and thus the timing, respectively of the two competing events – succession or exit from farming. We find that farm characteristics significantly influence succession considerations to the extent that they affect the value of the farm for the potential successor.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2004 URL: http://purl.umn.edu/20067
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Evaluating the Effects of Farm Programs: Results from Propensity Score Matching AgEcon
Pufahl, Andrea; Weiss, Christoph R..
The paper applies a non-parametric propensity score matching approach to evaluate the effects of two types of farm programs (agri-environment (AE) programs and the less favoured area (LFA) scheme) on input use and farm output of individual farms in Germany. The analysis reveals a positive and significant treatment effect of the LFA scheme for farm sales and the area under cultivation. Participants in AE schemes are found to significantly increase the area under cultivation (in particular grassland), resulting in a decrease of livestock densities. Furthermore, participation in AE programs significantly reduced the purchase of farm chemicals (fertilizer, pesticide). We also find substantial differences in the treatment effect between individual farms...
Tipo: Conference Paper or Presentation Palavras-chave: Evaluation; Farm programs; Propensity score matching; Agricultural and Food Policy; Farm Management.
Ano: 2008 URL: http://purl.umn.edu/6635
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Diversifikation und Wachstum landwirtschaftlicher Unternehmen AgEcon
Weiss, Christoph R.; Thiele, Holger D..
The liberalization of agricultural markets has increased the interest of farmers (as well as those working on policies concerned with their welfare) in agricultural diversification strategies. However, empirical research on diversification in European agricultural markets is very limited. This paper follows OUSTAPASSIDIS (1992) and investigates the relationship between different diversification strategies and farm performance (farm growth rates). The results of fixed– and random-effect models for approx. 3900 farms in Schleswig-Holstein for the period 1988/89–1997/98 show that diversification into related products increases growth rates whereas the opposite applies for diversification into unrelated products. Initial farm size has a significant and...
Tipo: Journal Article Palavras-chave: Diversification; Growth; Farm size; Dynamic panel data analysis; Farm Management.
Ano: 2002 URL: http://purl.umn.edu/98120
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Determinants and Dynamics of Farm Diversification AgEcon
Weiss, Christoph R.; Briglauer, Wolfgang.
This paper examines the impact of various farm and household characteristics (such as farm size, the off-farm employment status, the farm operator's age and schooling and the number of family members) on the level as well as the dynamics of on-farm diversification. Using linked census data for Upper-Austria from 1980, 1985 and 1990 we provide evidence that smaller farms are more specialised and also tend to increase the degree of specialisation over time more quickly than large farms. A significantly lower degree of diversification (higher degree of specialisation) as well as a stronger reduction in diversification over time is also reported for businesses operated by older, less educated, part-time farm operators. The analysis of diversification dynamics...
Tipo: Conference Paper or Presentation Palavras-chave: Diversification; Farm Sector; Dynamics; Panel Data; Farm Management.
Ano: 2002 URL: http://purl.umn.edu/24929
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STAGGERING AND SYNCHRONIZATION OF PRICES IN A LOW INFLATION ENVIRONMENT: EVIDENCE FROM GERMAN FOOD STORES AgEcon
Loy, Jens-Peter; Weiss, Christoph R..
Only a few studies have analysed staggering and synchronisation in pricing behaviour of multi-product firms. These studies used low-frequency data in an environment of high rates of inflation. This paper investigates staggering and synchronisation of weekly prices for ten food products in 131 grocery stores in Germany over the period from May 1995 to December 2000 (296 weeks). Different forms of staggering and synchronisation (across-store synchronisation, within type-of-store synchronisation, within retailer synchronisation or across-product synchronisation) have been analysed. None of these forms of synchronisation is supported empirically however. In contrast, perfect staggering can only be rejected in very few cases.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/19882
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Should One Trust a Farmer's Succession Plan? Empirical Evidence on the Intention-Behaviour Discrepancy from Finland AgEcon
Vare, Minna; Weiss, Christoph R.; Pietola, Kyosti.
This study examines and compares farmers' succession plans and actual succession behaviour and finds that the farm operator's age and regional variables influence both. We also find a discrepancy between intention and actual behaviour which is significantly related to the farm operator's age. Whereas the likelihood of planned succession is overestimated significantly for younger farm operators, the opposite is observed once the farm operator's age exceeds 65 years. Therefore, stated plans have only a negligible value in predicting the observed behaviour and farm operator's statements on the timing of succession may not provide enough information on the grounds of designing structural policies in agriculture.
Tipo: Conference Paper or Presentation Palavras-chave: Family farm succession; Intention-behaviour discrepancy; Econometric analysis; Finland; Farm Management; D92; J26; Q12.
Ano: 2005 URL: http://purl.umn.edu/24622
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The Taste for Variety: A Hedonic Analysis AgEcon
Drescher, Larissa S.; Thiele, Silke; Weiss, Christoph R..
Based on the model of consumers' variety-seeking behavior introduced by Anderson et al. (1992), this paper derives a hedonic price function for a households' consumption bundle. The price a consumer pays for her consumption bundle reflects the values of the underlying attributes of goods purchased but also accounts for any preference for variety that she might have. The empirical analysis is conducted for 3,240 German households and their expenditure on 182 different soft drinks over a six-month period. We find that consumers have a preference for variety in food consumption, ceteris paribus. Furthermore, the per-unit price is found to be significantly larger for higher income households, as well as households where the principal wage earner has a high...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer demand; Taste for variety; Food products; Hedonic analysis; Germany; Food Consumption/Nutrition/Food Safety; C21; D12.
Ano: 2006 URL: http://purl.umn.edu/25251
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Farm Structure and the Effects of Agri-Environmental Programs: Results from a Matching Analysis for European Countries AgEcon
Pufahl, Andrea; Weiss, Christoph R..
This paper extends previous research (Pufahl and Weiss, 2009) and applies a semi-parametric propensity score matching approach to evaluate the effects of agrienvironment (AE) programs on input use and farm output of individual farms in eight Member States of the European Union. We find substantial differences in treatment effects between countries. The analysis reveals significant effects of AE participation on production (Germany, France) and farm profits (France, Ireland, United Kingdom). AE participation sporadically reduces the intensity of land use as measured by the purchase of farm chemicals (fertilizer, pesticide) and grazing livestock densities. We also find differences in the treatment effect among farms with different farm size (heterogeneous...
Tipo: Conference Paper or Presentation Palavras-chave: Evaluation; Agri-environment programs; Propensity score matching; Germany; Italy; Spain; France; Portugal; United Kingdom; The Netherlands; EU-15; Agribusiness; Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/52997
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Evaluating the Effects of Farm Programs: Results from Propensity Score Matching AgEcon
Pufahl, Andrea; Weiss, Christoph R..
The paper applies a non-parametric propensity score matching approach to evaluate the effects of two types of farm programs (agri-environment (AE) programs and the less favoured area (LFA) scheme) on input use and farm output of individual farms in Germany. The analysis reveals a positive and significant treatment effect of the LFA scheme for farm sales and the area under cultivation. Participants in AE schemes are found to significantly increase the area under cultivation (in particular grassland), resulting in a decrease of livestock densities. Furthermore, participation in AE programs significantly reduced the purchase of farm chemicals (fertilizer, pesticide). We also find substantial differences in the treatment effect between individual farms...
Tipo: Conference Paper or Presentation Palavras-chave: Evaluation; Farm programs; Propensity score matching; Agricultural and Food Policy.
Ano: 2008 URL: http://purl.umn.edu/44149
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Staggering and Synchronisation of Prices in a Low Inflation Environment: Evidence from German Food Stores AgEcon
Loy, Jens-Peter; Weiss, Christoph R..
Only a few studies have analysed staggering and synchronisation in pricing behaviour of multi-product firms. These studies used low-frequency data in an environment of high rates of inflation. This paper investigates staggering and synchronisation of weekly prices for ten food products in 131 grocery stores in Germany over the period from May 1995 to December 2000 (296 weeks). Different forms of staggering and synchronisation (across-store synchronisation, within type-of-store synchronisation, within retailer synchronisation or across-product synchronisation) have been analysed. None of these forms of synchronisation is supported empirically however. In contrast, perfect staggering can only be rejected in very few cases.
Tipo: Conference Paper or Presentation Palavras-chave: Pricing behaviour; Food products; German retailers; Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/24823
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Do Cooperatives Offer High Quality Products? AgEcon
Pennerstorfer, Dieter; Weiss, Christoph R..
The present paper investigates the free-riding problem in determining product quality within cooperatives in a vertically related market. Whereas the individual member has to bear all costs associated with higher quality, the benefits of delivering higher quality have to be shared among all members. On the basis of a Mixed-Oligopoly model, we show that the free-rider problem in the supply of high-quality products, although important for the members of the cooperative, may not be strong enough to ensure that firms will always supply higher quality than cooperatives. Whether the cooperative can overcome the free-riding problem and supply a final product of high quality is shown to depend on the consumer'’s valuation of quality, the costs of producing high...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2007 URL: http://purl.umn.edu/9403
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Price Promotions and Brand Loyalty: Empirical Evidence for the German Breakfast Cereals Market AgEcon
Empen, Janine; Loy, Jens-Peter; Weiss, Christoph R..
Price promotions are important marketing activities for (food) retailers; brand loyalty is a major requisite to foster brands' assets. Several theoretical papers have analyzed the relationship between price promotions and brand loyalty resulting in mixed or perhaps contradictory outcomes; only a few empirical studies for (European) grocery markets are available to test which model(s) might be most relevant to reflect pricing strategies in food retailing. In this analysis, two detailed data sets for the German ready-to-eat breakfast cereals market are merged to investigate the relationship between price promotions and brand loyalty. We find significant empirical evidence that stronger brands tend to be promoted less frequently at lower discounts compared to...
Tipo: Conference Paper or Presentation Palavras-chave: Price Promotion; Brand Loyalty; Food Retailing; Ready-to-Eat Cereals; Germany; Instruments; Tobit; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/114341
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