Consulta: subjectFacets:"D4"
Registros recuperados: 45
Data/hora: 06/06/2024 13:49:17

Implicaciones de NAFTA, TLCUEM y de la integración de China a la OMC en el mercado de la berenjena: una perspectiva de equilibrio espacial
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Guajardo,   Ramon; Rios,   Maricela.
Este artículo estudia el impacto de NAFTA, TLCUEM y de la integración de China a la OMC en el mercado mundial de la berenjena. Los impactos son medidos en términos de cambios en los flujos comerciales y en los precios. Se especificó y estimó un modelo de equilibrio espacial con precios endógenos y se simularon escenarios alternativos: con y sin la operación de los tratados y la integración de China a la OMC. Los resultados mostraron que la operación de estos tratados crea desviación de comercio. Además, la integración de China a la OMC aun con libre comercio mundial no impacta al mercado mundial de la berenjena.
Tipo: Journal Article
Palavras-chave: Modelos de equilibrio espacial; Mercado de la berenjena; Programación cuadrática; Liberación comercial.; Agricultural and Food Policy; C6; D4; F1; N5.
Ano: 2009
URL: http://purl.umn.edu/57282

Effects of the Conservation Reserve Program on Elevator Merchandising Margins in Oklahoma
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Adam,   Brian D.; Hong,   Seung Jee; Dicks,   Michael R.
The Conservation Reserve Program (CRP) takes cropland out of production for 10 years, reducing grain supplies available to elevators. Results suggest that the program has negatively impacted elevator merchandising margins, but that elevators adjusted rather quickly to CRP changes, making most of the adjustment within 1 year. The reduction in margins reflects an element of pressure on agribusiness that has not been measured in previous studies.
Tipo: Journal Article
Palavras-chave: Agribusiness; Conservation Reserve Program; Country elevators; Land retirement programs; Merchandising margins; Q1; Q2; D4; L1.
Ano: 2004
URL: http://purl.umn.edu/42835

Expectations, Experiences, Trust in the Case of Short Circuit Food Supply Networks
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Martino,   Gaetano; Fritz,   Melanie.
Farmers Markets are receiving an increasing attention by both food chains actors and social scientists. Economic and sociological studies are contributing to the comprehension of these forms of exchange. Both consumers and producers are fostering their expectations about the renewal of a mode of exchange which sustained local production‐ consumptions linkages. The main economic function of these organizational structures seems to be the reduction of the price paid by the consumers and the enhancements of allocation of farm products. The basic interpretation of these forms of exchange focuses on market structure, nonetheless the exchange relationships seems to emphasize several dimensions, including economic and cultural aspects. The objective of the paper...
Tipo: Conference Paper or Presentation
Palavras-chave: Farmers Markets; Networks; Trust; Food chains sustainability; Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; D4.
Ano: 2010
URL: http://purl.umn.edu/100592

Can German Wine Cooperatives Compete on Quality?
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Schamel,   Guenter.
The German Agricultural Society (DLG) manages a multi-round annual quality control scheme where wines undergo a blind, sensory testing procedure using a 5-point scale to determine superior quality wines worthy of an annual award (Bronze, Silver, Gold, and Gold Extra). We develop a hedonic model for the 2005 award competition estimating implicit prices for different product attributes including sensory awards, quality categories, and wine style. We also control for regional origin, variety, color, and age. To discern the impact of ownership structure, we distinguish cooperatives and private wineries. Silver and Bronze awards show significant price effects relative to Gold. We also estimate highly significant price effects between quality categories (e.g....
Tipo: Conference Paper or Presentation
Palavras-chave: Cooperatives; Product Quality; Pricing; Agribusiness; Demand and Price Analysis; Marketing; Q13; L15; D4.
Ano: 2009
URL: http://purl.umn.edu/51552

Implementing Electricity Restructuring: Policies, Potholes, and Prospects
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Brennan,   Timothy J.; Palmer,   Karen L.; Martinez,   Salvador A.
Electricity is one of the last U.S. industries in which competition is replacing regulation. We briefly review the technology for producing and delivering power, the history of electricity policy, and recent state and international experience. We then outline the major questions facing policymakers as they decide whether, when, and how to implement restructuring. We conclude with some thoughts on the California electricity crisis and other political controversies. Although the California experience has come to define what it means for electricity markets to fail, most of the problems it raised are among those we know how to solve or prevent. The still unresolved make-or-break issue remains whether the cooperation necessary to maintain reliability is...
Tipo: Working or Discussion Paper
Palavras-chave: Electricity restructuring; Regulation; Deregulation; Public Economics; L51; L94; D4.
Ano: 2001
URL: http://purl.umn.edu/10508

GALE-SHAPLEY MATCHING IN AN EVOLUTIONARY TRADE NETWORK GAME
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Tesfatsion,   Leigh.
For a postscript copy of this paper, click &lt;a href="/Data/isu/er43.ps"&gt; here. &lt;/A&gt;  This study investigates the performance of Gale-Shapley matching in an evolutionary market context.  Computational experimental findings are reported for an evolutionary match-and-play trade network game in which resource-constrained traders repeatedly choose and refuse trade partners in accordance with Gale-Shapley matching, participate in risky trades modelled as two-person prisoner's dilemma games, and evolve their trade behavior over time.  Particular attention is focused on correlations between ex ante market structure and the formation of trade networks, and between trade network formation and the types of trade behavior and social welfare outcomes that...
Tipo: Working or Discussion Paper
Palavras-chave: Evolutionary game; Gale-Shapley matching; Iterated prisoners' dilemma; Trade networks; Endogenous interactions; Agent-based computational economics; International Relations/Trade; C7; C8; C9; D8; D4.
Ano: 1998
URL: http://purl.umn.edu/18200

The Philippine Bakery Sector
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Woods,   Mollie; Thornsbury,   Suzanne.
Tipo: Report
Palavras-chave: Trade; Bakery; Philippines; Bakery Ingredients; Food Consumption/Nutrition/Food Safety; International Relations/Trade; D4; F1.
Ano: 2009
URL: http://purl.umn.edu/52381

Dairy Policy Modelling Under Imperfect Competition
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Soregaroli,   Claudio; Moro,   Daniele; Sckokai,   Paolo.
Paper removed at request of author on 11/20/07.
Tipo: Conference Paper or Presentation
Palavras-chave: Simulation Models; Imperfect Competition; CAP; Dairy; Livestock Production/Industries; D4; L1; Q11; Q13; Q18.
Ano: 2006
URL: http://purl.umn.edu/25360

Pourquoi et comment l’instabilité est-elle une caractéristique structurelle des marchés agricoles?
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Boussard,   Jean-Marc.
Agricultural price volatility is "bad". But where does it come from? Remedies are completely different for "endogenous" or "exogenous" fluctuations. The recent crisis seems to indicate that exogenous remedies have been applied to endogenous fluctuations.
Tipo: Conference Paper or Presentation
Palavras-chave: Instability; Agricultural policy; Development; Fluctuations; Quotas; Cobweb; Insurance.; Agricultural and Food Policy; Industrial Organization; Political Economy; Production Economics; Public Economics; B5; D4; D6; D8; N5; O1.
Ano: 2007
URL: http://purl.umn.edu/44424

DEVELOPMENT OF A MARKET BENCHMARK PRICE FOR AGMAS PERFORMANCE EVALUATIONS
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Good,   Darrel L.; Irwin,   Scott H.; Jackson,   Thomas E.
The purpose of this research report is to identify the appropriate market benchmark price to use to evaluate the pricing performance of market advisory services that are included in the annual AgMAS pricing performance evaluations. Five desirable properties of market benchmark prices are identified. Three potential specifications of the market benchmark price are considered: the average price received by Illinois farmers, the harvest cash price, and the average cash price over a two-year crop marketing window. The average cash price meets all of the desired properties, except that it would not be easily implementable by producers. It can be shown, though, that the price realized via a more manageable strategy of "spreading" sales during the marketing...
Tipo: Working or Discussion Paper
Palavras-chave: Advisory services; Evaluating the pricing performance; Market benchmark price; C8; C0; D4; D8; L1; M3; Q0; Z0; Marketing.
Ano: 1998
URL: http://purl.umn.edu/14783

Trader Behaviour and Performance in Live Animal Marketing in Rural Ethiopian Markets
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Jabbar,   Mohammad A.; Benin,   Samuel; Gabre-Madhin,   Eleni Z.; Paulos,   Zelekawork.
In this paper, performance of a sample of 131 livestock traders in 38 rural Ethiopian highland markets was analysed in terms of their costs and margins, how these were influenced by their assets and trading practices, and the implications of the findings for policy were outlined. The paper is divided into three main sections: description of the profiles of traders, their assets, trading behaviour and practices; estimates of costs and margins for a set of recent transactions; and econometric analysis of the factors explaining differences in performance with a particular focus on transaction costs. Most traders used own capital as access to credit, especially formal credit, was limited. The livestock market was characterised by non-standardised products and...
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries; Marketing; D4; L1; O1; Q13.
Ano: 2006
URL: http://purl.umn.edu/25680

Which Broiler Part is the Best Part?
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Goodwin,   Harold L., Jr.; McKenzie,   Andrew M.; Djunaidi,   Harjanto.
Predominance of production and marketing contracts in the broiler industry suggests a traditional analysis of price relationships might no longer be appropriate.  In this study, markets for broiler cuts are defined as spatial.  Results of a vector autoregressive regression analysis of monthly USDA data from 1987 to 2000 verify the price relationship between white meat and whole broiler prices.  Price shocks in the boneless skinless breast market have a greater effect than dark meat shocks, suggesting this market is most important in price transmission.  These results will assist industry participants to form more effective marketing and pricing strategies, thus adding efficiency to the market.
Tipo: Journal Article
Palavras-chave: Broiler markets; Market structure; Marketing contracts; Price transmission; C4; D4; L1; Q0.
Ano: 2003
URL: http://purl.umn.edu/43151

TECHNOLOGICAL CHANGE IN THE U.S. BEEF AND PORK SECTORS: IMPACTS ON FARM-WHOLESALE MARKETING MARGINS AND LIVESTOCK PRICES
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Marsh,   John M.; Brester,   Gary W.
Real livestock prices and farm-wholesale marketing margins have steadily declined over the past 20 years. Many studies have examined the effects of increasing packer concentration on these declines. However, most have generally failed to account directly for technological change in livestock production and red meat slaughtering. We estimate reduced form models for beef and pork farm-wholesale marketing margins and cattle and hog prices that specifically include measures of technological change. Empirical results indicate that meat packing technology has reduced real margins and technological change embodied in cattle and hog production accounts for substantial declines in real slaughter cattle and hog prices. When technological change is explicitly...
Tipo: Working or Discussion Paper
Palavras-chave: Livestock prices; Marketing margins; Packer concentration; Technological change; Marketing; Research and Development/Tech Change/Emerging Technologies; D4.
Ano: 1999
URL: http://purl.umn.edu/29242

Tart Cherry Yield and Economic Response to Alternative Planting Densities
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Me-Nsope,   Nathalie Mongue.
The study investigates the economic response of tart cherry yields to planting density using an unbalanced longitudinal yield data from tart cherry orchards in Northwest Michigan. The relationship between tart cherry yield and tree age is specified as a linear spline function and planting density interacts with tree age. A random effect method, treating block as random, is used to estimate the spline function. Stochastic simulation was used to estimate the mean and variance of the product of two random variables (price and yield), and the coefficient of variation was used as a measure of how much risk is involved in corn/soybeans production relative to tart cherries production. Estimates of the variance provided the discount factor (10%) and with yields...
Tipo: Thesis or Dissertation
Palavras-chave: Tart cherries; Pricing; Planting density; Crop Production/Industries; Risk and Uncertainty; D4; D24; L11.
Ano: 2009
URL: http://purl.umn.edu/54502

A Hedonic Analysis of Cattle Prices in the Central Corridor of West Africa: Implications for Production and Marketing Decisions
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Williams,   Timothy O.; Okike,   Iheanacho; Spycher,   Ben.
Detailed weekly sales transactions data for the period January 2000-June 2001 from three frontier markets in the central corridor of West Africa were analyzed to identify the factors influencing short-run, intra-year cattle prices. The empirical results indicate that in addition to market location and seasonality of supply and sales, market participants show systemic preferences for specific cattle attributes (sex, weight, condition and finish) and are willing to pay premium prices consistent with their preferences. Communicating this information to producers can assist them to tailor their production and marketing decisions to meet market expectations and thereby improve their competitiveness, profitability and intra-regional livestock trade. Innovative...
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock markets; Hedonic price model; Market information; West Africa; Livestock Production/Industries; C21; D4; Q13; Q17.
Ano: 2006
URL: http://purl.umn.edu/25423

EVALUATING THE IMPACTS OF THE U.S. DEPARTMENT OF COMMERCE'S PRELIMINARY IMPOSITION OF TARIFFS ON  U.S. IMPORTS OF CANADIAN LIVE CATTLE
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Brester,   Gary W.; Marsh,   John M.; Smith,   Vincent H.
Tipo: Working or Discussion Paper
Palavras-chave: Import tariffs; Cattle price effects; International Relations/Trade; D4; F1.
Ano: 1999
URL: http://purl.umn.edu/29248

Tobit regression to estimate impact of EU market intervention in dairy sector
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Wocken,   Meike; Kneib,   Thomas.
This study examines the effect of European intervention politics in the European butter market in the context of market liberalization using the example of Germany. A heteroscedastic Tobit model is estimated using German butter market data from 1973-2010. There is evidence that price support has reduced price instability in the butter market. Simulation indicates that enhancing intervention price causes an increase in the expected butter price in the long-run, even though if market price is higher than intervention level. We find changing effects of stockpiling. If difference between market and intervention price is small and stock quantity is high, it significantly contributes to reducing price volatility. On the contrary if price difference is large and...
Tipo: Presentation
Palavras-chave: Censored regression; Market liberalization; Butter market; Agricultural and Food Policy; Risk and Uncertainty; C5; D4; Q11.
Ano: 2012
URL: http://purl.umn.edu/122528

1997 PRICING PERFORMANCE OF MARKET ADVISORY SERVICES FOR CORN AND SOYBEANS
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Jackson,   Thomas E.; Irwin,   Scott H.; Good,   Darrel L.
The purpose of this research report is to present an evaluation of advisory service pricing performance in 1997 for corn and soybeans. Specifically, the average price received by a subscriber to an advisory service is calculated for corn and soybean crops harvested in 1997. The average net advisory price across all 23 corn programs is $2.32 per bushel. The net advisory prices for corn range from a minimum of $2.00 per bushel to a maximum of $2.74 per bushel. The average net advisory price across all 21 soybean programs is $6.40 per bushel. The net advisory prices for soybeans range from a minimum of $6.08 per bushel to a maximum of $6.99 per bushel.
Tipo: Working or Discussion Paper
Palavras-chave: Evaluation of advisory services; Pricing performance; Soybeans; C8; D4; D8; L1; M3; Q0; Z0; Marketing.
Ano: 1999
URL: http://purl.umn.edu/14780

An Econometric Analysis of Price Dynamics in the Presence of a Price Floor:  The Case of American Cheese
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Chavas,   Jean-Paul; Kim,   Kwansoo.
In this paper, we present an econometric analysis for the effects of a price floor on price dynamics and price volatility. A price floor (implemented as a part of government pricing policy) provides a censoring mechanism for price determination. We specify and estimate a dynamic Tobit model under time-varying volatility.  The model is applied to analyze the effects of a price support program on price dynamics and price volatility in the U.S. American cheese market.  The econometric analysis provides useful insights on price dynamics in the presence of a government-determined price floor.
Tipo: Journal Article
Palavras-chave: Censored regression; Market liberalization; Model selection; Price dynamics; Price volatility; Demand and Price Analysis; Q0; D4; C5.
Ano: 2005
URL: http://purl.umn.edu/43628

Seasoning a Monopsonic Processor for Collective Action amongst Pepper Producers in Costa Rica
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Saenz-Segura,   Fernando J.F.; Schipper,   Robert A.; D'Haese,   Marijke F.C.
The small-scale pepper producers in the El Roble settlement Costa Rica face a monopsonistic market. Only one processing firm is buying the fresh pepper bunches. The processor has all bargaining power to decide on the price paid to the farmers and the quality selection criteria. The rejection rates are high, which is why farmers decided to market their pepper collectively. They started organizing the selection and transport of pepper and entered into group contracts with the firm. We use a non-linear integer simulation model to predict the price level and contractual form (individual or group contracts) which maximises the income of the firm and farmers under three conditions, namely, monopsony (firm holds all bargaining power), monopoly (producers hold all...
Tipo: Conference Paper or Presentation
Palavras-chave: Collective action; Contracts; Institutional development; Costa Rica; Pepper; Agribusiness; Crop Production/Industries; O2; Q13; D4; D7.
Ano: 2006
URL: http://purl.umn.edu/25789

1996 PRICING PERFORMANCE OF MARKET ADVISORY SERVICES FOR CORN AND SOYBEANS
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Jackson,   Thomas E.; Irwin,   Scott H.; Good,   Darrel L.
The purpose of this research report is to present an evaluation of advisory service pricing performance in 1996 for corn and soybeans. Specifically, the average price received by a subscriber to an advisory service is calculated for corn and soybean crops harvested in 1996. The average net advisory price across all 26 corn programs is $2.63 per bushel. The range of net advisory prices for corn is quite large, with a minimum of $2.08 per bushel and a maximum of $3.12 per bushel. The average net advisory price across all 24 soybean programs is $7.27 per bushel. As with corn, the range of net advisory prices for soybeans is substantial, with a minimum of $6.80 per bushel and a maximum of $7.80 per bushel.
Tipo: Working or Discussion Paper
Palavras-chave: Agricultural Market Advisory Services; G1; D8; D7; D4; G2; H4; H8; Q1; Z1; Marketing.
Ano: 1998
URL: http://purl.umn.edu/14787

Measuring Market Integration in Mozambican Maize Markets: A Threshold Vector Error Correction Approach
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Alemu,   Zerihun Gudeta; Biacuana,   G.R.
The primary objective of this research was to measure the extent of market integration between major surplus and deficit maize markets in Mozambique namely, Chimoio-Maputo, Chimoio-Beira, Ribaue-Nampula, and Mocuba-Nampula. To achieve this objective, Threshold Vector Autoregressive models were applied. The choice of the model was motivated by unobservable transaction costs and the import ant influence that their presence may exert on equilibrium spatial price relationships. The following are some of the major findings of the study. Firstly, threshold values (i.e. estimates of transaction costs) are found to be correlated positively with distance and inversely with the condition of the roads connecting markets. Secondly, market integration analysis revealed...
Tipo: Conference Paper or Presentation
Palavras-chave: Mozambique; Market integration; Maize market; Transaction cost; Threshold vector error correction; Crop Production/Industries; Marketing; C21; C22; D4; E3; Q13.
Ano: 2006
URL: http://purl.umn.edu/25657

Elementos para una reforma del sector público en el contexto de una economía de mercado
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Herzka,   Claudio.
En este trabajo se propone un conjunto de elementos básicos que deben ser considerados para el diseño de cualquier estrategia de reforma del sector público en el Perú, abordando cuestiones de carácter económico, social, político y de organización institucional.
Tipo: Working or Discussion Paper
Palavras-chave: Sector publico; Ajuste estructural; Economia de mercado; Public sector; Structural Adjustment; Market economy; Peru; D4.
Ano: 1996
URL: http://purl.umn.edu/37988

Firm Size Distribution and Performance of Maize and Fertilizer Traders After Market Liberalisation: Evidence from Kenya
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Mose,   Lawrence Obae; Burger,   Kees.
Improvement in the performance of agricultural markets was the ultimate goal of market liberalisation. In this paper, firm (trader) size distribution as a factor influencing market performance is analyzed using maize and fertilizer traders from Kenya. Firm size distribution was assessed by analyzing the normality of the distribution on volume traded. Performance was assessed by the level of competition (using Hirschman-Herfindahl index), marketing margins and marketing costs. Results show that firm size distribution for both commodities is log-normally distributed but positively skewed indicating a tendency towards smaller than larger firms. A plausible explanation is that faced with inadequate financial resources and inadequate business experience, new...
Tipo: Conference Paper or Presentation
Palavras-chave: Liberalisation; Firm size distribution; Costs; Margins; Agribusiness; International Relations/Trade; D4; L1; Q12; Q13; Q18.
Ano: 2006
URL: http://purl.umn.edu/25533

Empezando a conocer el mercado doméstico: Análisis de la oferta de productos de carne bovina.
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Lanfranco,   Bruno A.; Reyes,   Maria L.; Risso,   Juan M.
El presente estudio procura conocer mejor la demanda de productos de carne bovina para tres áreas geográficas de Montevideo que representan diferentes niveles socioeconómicos de la población, a través de la oferta observada en los dos principales formatos de comercialización: supermercados y carnicerías. En la zona de mayor nivel socioeconómico (AG1) se comercializa el 21% del volumen total de estos productos mientras que en la de nivel medio (AG2), con mayor concentración poblacional, se comercializa el 47%; el restante 32% se vende en la zona de menor nivel (AG3). Los resultados obtenidos mostraron que a medida que disminuía el nivel socioeconómico de los consumidores aumentaba la demanda por cortes más económicos (aguja, paleta, falda y asado) en...
Tipo: Book
Palavras-chave: Meat products; Marketing strategies; Domestic consumers; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; D1; D4; L81.
Ano: 2004
URL: http://purl.umn.edu/121754

Testing for Oligopoly Power in the Kenyan Seed Maize Processing Industry
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Nzuma,   Jonathan M.
In the recent past, the concentration of seed maize processing and marketing in Kenya has raised serious public concerns. The inability of this industry to ensure affordable prices of certified seed maize for the farming community has led policy makers to question its market behaviour. In spite of these concerns, the performance of agricultural markets in Kenya has received little attention. This study evaluates the market conduct of the industry using the New Empirical Institutional Organization framework and tests the hypothesis of price taking behaviour. A system of five equations was used to estimate conjectural variations elasticity while a Lerner index was constructed to measure market power using data from Kenya's Central Bureau of Statistics. The...
Tipo: Conference Paper or Presentation
Palavras-chave: Seed Maize; Market power; Lerner index; Oligopoly; Crop Production/Industries; Industrial Organization; D4; L66.
Ano: 2006
URL: http://purl.umn.edu/25591

Price Transmission and Marketing Margins in the Slovenian Beef and Pork Markets During Transition
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Bojnec,   Stefan.
As in many other transition countries processing and marketing margins are also larger in the Slovenian meat market than respective margins in market economies. In addition, margin of the Slovenian pork chain is greater than in the beef chain. Its decline in the pork market indicates an adjustment to more competitive markets. Co-integration models are applied to estimate vertical price transmission and to examine margins and degree of competition in the meat marketing chains. Results indicate the existence of a long run equilibrium regarding vertical price transmission in the beef and pork sectors. Both the farm-gate beef and pork prices are identified as weakly exogenous in the long run. The structural tests imposing a homogeneity restriction suggest a...
Tipo: Conference Paper or Presentation
Palavras-chave: Price transmission; Marketing margin; Co-integration; Competition; Marketing; D4; L1; C3; Q1.
Ano: 2002
URL: http://purl.umn.edu/24789

THE MARKETING STYLE OF ADVISORY SERVICES FOR CORN AND SOYBEANS IN 1995
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Bertoli,   Roberto; Zuluaf,   Carl R.; Irwin,   Scott H.; Jackson,   Thomas E.; Good,   Darrel L.
The 1995 marketing styles for the 25 market advisory service programs included in the AgMAS Project were developed in two steps. The first step was the construction of a detailed "menu" of the tools and strategies used by each of the advisory programs in marketing corn and soybeans. The menu describes the type of pricing tool, frequency of transactions, and magnitude of transactions. The second step was the development of a daily index of the net amount sold by each market advisory program. To construct such an index, the various futures, options, and cash positions recommended for a program on a given day were weighted by the respective position "delta." When the daily values of the index were plotted for the entire marketing period, the marketing...
Tipo: Working or Discussion Paper
Palavras-chave: Advisory services; Pricing tools; Pricing strategies; Assessment of recommendations; D4; C8; D8; M3; Q0; Marketing.
Ano: 1999
URL: http://purl.umn.edu/14792

Changes and Actual State of Mongolian Meat Market and Distribution System: A Case Study of Ulaanbaatar City's "Khuchit Shonhor" Food Market
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Maytsetseg,   Baljinnyam; Riichiro,   Iizawa.
With changes in the consumption pattern of meat, increases in urban population and underdeveloped distribution system after the collapse of the planned economy, there are increasing problems in meat supply and distribution in Mongolia, particularly in the capital city Ulaanbaatar. This paper examines the stages of meat distribution focusing on Khuchit Shonhor food market. Two types of informal wholesalers are identified; wholesalers who buy meat from nomads and transport it to the market in Ulaanbaatar, and wholesalers in the market who buy this meat and sell it to retailers operating within the market. It is assumed that the later wholesaler type has a stronger influence in price setting.
Tipo: Conference Paper or Presentation
Palavras-chave: Mongolia; Meat market; Market structure; Meat distribution; Prices; Livestock Production/Industries; D3; D4; Q13.
Ano: 2006
URL: http://purl.umn.edu/25528

Alternative Model Selection Using Forecast Error Variance Decompositions in Wholesale Chicken Markets
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: McKenzie,   Andrew M.; Goodwin,   Harold L., Jr.; Carreira,   Rita I.
Although Vector Autoregressive models are commonly used to forecast prices, specification of these models remains an issue. Questions that arise include choice of variables and lag length. This article examines the use of Forecast Error Variance Decompositions to guide the econometrician’s model specification. Forecasting performance of Variance Autoregressive models, generated from Forecast Error Variance Decompositions, is analyzed within wholesale chicken markets. Results show that the Forecast Error Variance Decomposition approach has the potential to provide superior model selections to traditional Granger Causality tests.
Tipo: Journal Article
Palavras-chave: Broiler markets; DAGs; Forecasting; Market structure; VAR; Agribusiness; Demand and Price Analysis; Livestock Production/Industries; Risk and Uncertainty; C53; D4; L1; Q00.
Ano: 2009
URL: http://purl.umn.edu/48750

Oligopsony Power in the Ukrainian Milk Processing Industry: Evidence from the Regional Markets for Raw Milk
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Perekhozhuk,   Oleksandr; Grings,   Michael; Glauben,   Thomas.
Most of the studies based on the New Empirical Industrial Organization (NEIO) approach use the industry data to estimate the degree of market power at the national level. Yet, only a few empirical studies presented the results that measure the degree of market power at the regional level and found the existence of market power in the regional markets. While the fact is that there is an extensive evidence for the existence of potential oligopsony market power in the Ukrainian milk processing industry (price cartels and geographic market sharing among milk processing enterprises, interference of the state authorities, higher concentration on regional markets), the estimation results of the market structure model at the national level did not produce any...
Tipo: Conference Paper or Presentation
Palavras-chave: New Empirical Industrial Organization (NEIO); Oligopsony Power; Ukraine.; Industrial Organization; C0; D0; D4; L0; Q1.
Ano: 2009
URL: http://purl.umn.edu/50965

TRANSPORTING THE EXPORT-BOUND GRAIN BY RAIL: A STUDY OF MARKET INTEGRATION
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Miljkovic,   Dragan.
This study addresses the issues of market integration in railroad industry analyzing the export-bound grain transportation. A spatial analysis involving four origin states (Illinois, Iowa, Minnesota and Nebraska) and two destinations (Mexican Gulf and Pacific Northwest) is conducted in order to determine if pricing practices by the same or different railroads in different regions are consistent. A system of structural equations is estimated and dynamic regression tests are conducted because of the dynamic nature of interregional trade and arbitrage activities. The results indicate that grain transportation market by rail is not perfectly integrated. This is primarily due to numerous mergers and combining of railroads that took place during the last twenty...
Tipo: Working or Discussion Paper
Palavras-chave: Grain transportation; Market integration; Railroad industry; International Relations/Trade; D4; L1; L9.
Ano: 1999
URL: http://purl.umn.edu/29236

Economic Incentives for Entry and Exit in Gum Arabic Agroforestry System in Sudan
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Rahim,   Afaf H.; van Ierland,   Ekko C.; Wesseler,   Justus.
The gum tree (Acacia senegal) in the Sahel-Sudan zone has many environmental benign functions. An important function is to control desertification. In this paper we analyze farmers' economic incentives to preserve the existing gum trees and their incentives to create new plantations using a real options approach. Results indicate that agricultural crops provide higher economic benefits as compared to gum agroforestry system. However, on the one hand, as gum arabic is produced during the dry period and land is abundant, there are low incentives for deforestation. Instead, farmers' tend to leave the land idle and let the tree growing. On the other hand, our results suggest that an increase in the prices of gum arabic of about 330 per cent is needed to induce...
Tipo: Conference Paper or Presentation
Palavras-chave: Gum arabic; Deforestation; Entry and exit; Real options; Sudan; Crop Production/Industries; D4; N5; O13; Q12; Q23.
Ano: 2006
URL: http://purl.umn.edu/25720

Grain Distribution in Ghana under Imperfectly Competitive Market Conditions
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Langyintuo,   Augustine S.
Interspatial and intertemporal grain distribution in Ghana is a private sector activity carried out mainly by traders. These traders sometimes collude to maximize their joint profits. By so doing they influence the conduct of the grains market. To examine the effect of their actions on the informal maize market in Ghana, a spatial equilibrium model was estimated under three scenarios: (1) Perfect competition, (2) Cournot-Narsh conjectures, and (3) Collusion. The results indicate that imperfect competition distorts grain flows, reduces consumer welfare and depresses traders’ sales revenue. Collusive behavior of traders, on the other hand, causes the greatest distortion of grain flows as well as trader and consumer welfare. These results draw attention to...
Tipo: Journal Article
Palavras-chave: Spatial equilibrium; Monopoly; Imperfect competition; Interspatial; Cournot- Narsh conjectures; Crop Production/Industries; D4; L1.
Ano: 2010
URL: http://purl.umn.edu/96166

1995 PRICING PERFORMANCE OF MARKET ADVISORY SERVICES FOR CORN AND SOYBEANS
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Jackson,   Thomas E.; Irwin,   Scott H.; Good,   Darrel L.
The purpose of this research report is to present an evaluation of advisory service pricing performance in 1995 for corn and soybeans. Specifically, the average price received by a subscriber to an advisory service is calculated for corn and soybean crops harvested in 1995. The average net advisory price across all 25 corn programs is $3.04 per bushel. The range of net advisory prices for corn is quite large, with a minimum of $2.34 per bushel and a maximum of $3.81 per bushel.  The average net advisory price across all 25 soybean programs is $6.61 per bushel.  As with corn, the range of net advisory prices for soybeans is substantial, with a minimum of $5.75 per bushel and a maximum of $7.92 per bushel.
Tipo: Working or Discussion Paper
Palavras-chave: Agricultural Market Advisory Service (AgMAS) Project; D4; D7; D8; G1; G2; H4; H8; Q1; Z1; Marketing.
Ano: 1997
URL: http://purl.umn.edu/14790

AN ECONOMIC ANALYSIS OF THE DETERMINANTS OF LUMBER FUTURES PRICE MOVEMENTS
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Rucker,   Randal R.; Thurman,   Walter N.; Yoder,   Jonathan K.
Tipo: Working or Discussion Paper
Palavras-chave: Lumber markets; Future prices; Marketing; D4.
Ano: 1999
URL: http://purl.umn.edu/29247

Dynamic Strategic Behaviour in the Deregulated England and Wales Liquid Milk Market
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Tiffin,   J. Richard.
A model of dynamic oligopsony is estimated for the liquid milk market in the UK. The paper extends existing methods of estimating such models by allowing for the joint estimation of the market conduct equation and the input supply equation. This entails the estimation of a two equation model in which the parameters of one equation change between two regimes whilst those of the other do not. Our results provide little evidence of dynamic strategic behaviour and suggest that the farm-gate price of milk is determined competitively.
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries; Marketing; D4; L1; Q13.
Ano: 2006
URL: http://purl.umn.edu/25282

Factors Influencing Demand for a Producer-Owned Beef Retail Outlet
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Lusk,   Jayson L.; Cevallos,   Edgar.
As the farm-to-retail price spread continues to grow, come cattle producers a beginning to consider integrating into the retail sector. Such a venture would require large investments in capital with uncertain return. This study seeks to determine the potential success of a stand-alone retail outlet selling “all natural” beef in an affluent area of Jackson, MS. Using choice-based conjoint analysis, demand for the new retail outlet is modeled as a function of the beef price at the store, distance of the store from consumers’ homes, distance of the store from consumers’ typical grocery store, and price of beef at substitute grocery stores. Simulation results suggest the proposed outlet could be a profitable venture, depending upon location and beef price.
Tipo: Journal Article
Palavras-chave: Beef; Conjoint; Demand; Retail outlet; Q13; D12; D4; M31.
Ano: 2004
URL: http://purl.umn.edu/42939

Tradable Carbon Permit Auctions: How and Why to Auction Not Grandfather
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Cramton,   Peter; Kerr,   Suzi.
An auction of carbon permits is the best way to achieve carbon caps set by international negotiation to limit global climate change. To minimize administrative costs, permits would be required at the level of oil refineries, natural gas pipe lines, liquid sellers, and coal processing plants. To maximize liquidity in secondary markets, permits would be fully tradable and bankable. The government would conduct quarterly auctions. A standard ascending-clock auction in which price is gradually raised until there is no excess demand would provide reliable price discovery. An auction is preferred to grandfathering (giving polluters permits in proportion to past pollution), because it allows reduced tax distortions, provides more flexibility in distribution of...
Tipo: Working or Discussion Paper
Palavras-chave: Greenhouse; Climate change; Carbon trading; Auction; Ascending-clock; Tradable permits; Environmental Economics and Policy; Q3; D4.
Ano: 1998
URL: http://purl.umn.edu/10668

Strategic Resource Dependence
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Gerlagh,   Reyer; Liski,   Matti.
We consider a situation where an exhaustible-resource seller faces demand from a buyer who has a perfect substitute but there is a time-to-build delay for the substitute. We  that find in this simple framework the basic implications of the Hotelling model (1931) are reversed: over time the stock declines but supplies increase up to the point where the buyer decides to switch. Under such a threat of demand change, the supply does not reflect the true current resource scarcity but leads to increased future scarcity, felt during the transition to the substitute supplies. The analysis suggests a perspective on costs of oil dependence.
Tipo: Working or Discussion Paper
Palavras-chave: Dynamic Bilateral Monopoly; Markov-Perfect Equilibrium; Depletable Resources; Energy; Alternative Fuels; Oil Dependence; Resource /Energy Economics and Policy; D4; D9; O33; Q40.
Ano: 2008
URL: http://purl.umn.edu/44222

Market Power in UK Food Retailing: Theory and Evidence from Seven Product Groups
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Lloyd,   Tim A.; McCorriston,   Steve; Morgan,   C. Wyn; Rayner,   Anthony J.; Weldegebriel,   Habtu T.
Establishing the presence of market power in food chains has become an increasingly pertinent line of enquiry given the trend towards increasing concentration that has been observed in many parts of the world. This paper presents a theoretical model of price transmission in vertically related markets under imperfect competition. The model delivers a quasi-reduced form representation that is empirically tractable using readily available market data to test for the presence of market power. In particular, we show that the hypothesis of perfect competition can be rejected if shocks to the demand and supply function are significant and correctly signed in price transmission equations. Using a cointegrated vector autoregression, we find empirical results that...
Tipo: Conference Paper or Presentation
Palavras-chave: Imperfect competition; Cointegrated VARs; UK food industry; Marketing; D4; L81.
Ano: 2006
URL: http://purl.umn.edu/25712

GHG Trading Framework for the U.S. Biofuels Sector
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Kumarappan,   Subbu; Joshi,   Satish V.
Substitution of petroleum fuels with biofuels such as ethanol and biodiesel has been shown to reduce greenhouse gas (GHG) emissions. These GHG reductions can be traded in the emerging carbon markets, and methodologies for quantifying and trading are still being developed. The main challenges in developing such GHG trading framework are analyzed. An outline of such a framework is presented that depends on the life cycle assessment of GHG reductions, along with a combination of project specific and regional standard performance measures. The advantages of assigning GHG property and trading rights to biofuel producers are discussed. At carbon prices of $10 per metric ton, estimated additional revenues to biofuel producers range from $ 17 to 64 million dollars...
Tipo: Conference Paper or Presentation
Palavras-chave: Biofuels; Ethanol; Biodiesel; Carbon trading; GHG emissions trading; Methodology; CCX; CDM; Maize; Lignocellulosics; Well to wheel; Life cycle analysis; Environmental Economics and Policy; Q42; D23; D4.
Ano: 2008
URL: http://purl.umn.edu/54530

Short Food Supply Networks: Expectations, Experiences, Trust in the Case of Farmers Markets
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Fritz,   Melanie; Martino,   Gaetano.
Farmers Markets are receiving an increasing attention by both food chains actors and social scientists. Economic and sociological studies are contributing to the comprehension of these forms of exchange. Both consumers and producers are fostering their expectations about the renewal of a mode of exchange which sustained local production-consumptions linkages. The main economic function of these organizational structures seems to be the reduction of the price paid by the consumers and the enhancements of allocation of farm products. The basic interpretation of these forms of exchange focuses on market structure, nonetheless the exchange relationships seem to emphasize several dimensions, including economic and cultural aspects. The objective of the paper is...
Tipo: Conference Paper or Presentation
Palavras-chave: Farmers Markets; Networks; Trust; Food chains sustainability; Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Risk and Uncertainty; D4.
Ano: 2009
URL: http://purl.umn.edu/59192

TRADE POLICY AND TIME CONSISTENCY IN AN OLIGOPSONISTIC WORLD MARKET
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Gervais,   Jean-Philippe; Lapan,   Harvey E.
This paper investigates the strategic behavior between countries that have purchasing power on the world market for a certain good.  Tariffs and quotas are not equivalent protection instruments in this oligopsonistic market.  Policy active importers would be better off by colluding and setting their trade instrument cooperatively.  In a non-cooperative setting, if production decisions occur before consumption decisions, the ex-ante optimal policy is not time consistent because the ex-post elasticity of the residual foreign export supply curve is lower than the ex-ante elasticity.  However, we show that the importers' inability to irrevocably commit to their trade instrument may be welfare superior to the precommitment solution.  The negative welfare...
Tipo: Working or Discussion Paper
Palavras-chave: Precommitment; Time consistency; Optimal tariff and quota; Oligopsony; International Relations/Trade; F13; Q17; D4.
Ano: 1998
URL: http://purl.umn.edu/18239

Chapter 2: The Case of Australia
Provedor de dados: Research in Agricultural & Applied Economics (AgEcon Searh)
Autores: Griffith,   Garry R.; Wright,   Vic.
Tipo: Book
Palavras-chave: Food Consumption/Nutrition/Food Safety; Industrial Organization; Marketing; D2; D4; L.
Ano: 2009
URL: http://purl.umn.edu/60673