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Estimating the Market Effect of a Food Scare: The Case of Genetically Modified StarLink Corn AgEcon
Carter, Colin A.; Smith, Aaron D..
Genetic modification of crops has revolutionized food production, but it remains controversial due to food safety and environmental concerns. A recent food safety scare provides a natural experiment on the corn market's willingness to accept unapproved genetically modified organisms. In 2000, a genetically modified corn variety called StarLink was discovered in the food-corn supply, even though it was not approved for human consumption. To estimate the price impact of this event, we develop the relative price of a substitute method, which applies not only to the StarLink event but also to rare events in other markets. We apply this method to measure the price impact of the StarLink contamination on the U.S. corn market. We find that the contamination led...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies; Q11; Q18; C22.
Ano: 2006 URL: http://purl.umn.edu/25447
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The Impact of the Crude Oil Price on the Livestock Sector under a Regime of Integrated Energy and Grain Markets AgEcon
Fabiosa, Jacinto F..
The study finds that the emergence and expansion of the ethanol sector was associated with a fundamental transformation of the integration of the energy and agricultural sectors. In particular, the correlation structure between crude oil and grain prices increased dramatically, becoming more statistically significant, and with all anomalous signs corrected. Before the ethanol boom, the correlation of the crude oil price and corn was -0.117. It increased to 0.876 in the ethanol boom period. Soymeal correlation increased from 0.182 to 0.909, and distillers dried grains with solubles increased from -0.252 to 0.834. As a result, the energy market is also now impacting the livestock sector through feed costs, which account for more than half of total costs....
Tipo: Conference Paper or Presentation Palavras-chave: Energy sector; Agricultural sector; Least-cost feed ration; Biofuel; Livestock Production/Industries; Production Economics; Q12; Q13; Q18.
Ano: 2009 URL: http://purl.umn.edu/49240
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Economic Comparison of Commodity and Conservation Program Benefits: An Example from the Mississippi Delta AgEcon
Anderson, John D.; Parkhurst, Gregory M..
Changes to commodity programs in the 2002 Farm Bill increased the value of crop base acreages on which decoupled payments are received. The bill also expanded the availability of key conservation programs. This paper compares the value of payments from commodity programs (along with continued crop production) to the easement payment (and recreational lease revenue) available under the Wetland Reserve Program. A net present value model using risk-adjusted returns is employed in the analysis for Mississippi delta cropland containing rice, cotton, and soybean base. Sensitivity analysis is conducted on some of the key variables affecting the decision.
Tipo: Journal Article Palavras-chave: Conservation; Countercyclical payment; Direct payment; Net present value; WRP; Q12; Q15; Q18; C15.
Ano: 2004 URL: http://purl.umn.edu/43390
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Sécurité alimentaire en Afrique de l’Ouest : Enjeux et Eléments Stratégique pour sa Réalisation. AgEcon
Dembele, Niama Nango; Staatz, John M..
The situation analysis and perspectives on food security West Africa shows a widening gap between the needs of consumption and nutrition and food availability at Global countries, households and individuals. Low gains productivity in food production and import capacity are the major constraints to the achievement of security Food in the region. The agricultural growth becomes the prerequisite for improving the food situation.
Tipo: Working or Discussion Paper Palavras-chave: Food Security; West Africa; Agricultural and Food Policy; Community/Rural/Urban Development; Food Security and Poverty; International Development; International Relations/Trade; Marketing; Q18; Q17; Q13.
Ano: 2010 URL: http://purl.umn.edu/58546
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Removing Distortions in the U.S. Ethanol Market: What Does It Imply for the United States and Brazil? AgEcon
Elobeid, Amani E.; Tokgoz, Simla.
We analyze the impact of trade liberalization and removal of the federal tax credit in the United States on U.S. and Brazilian ethanol markets using a multi-market international ethanol model calibrated on 2005 market data and policies. The removal of trade distortions induces a 23.9 percent increase in the price of world ethanol on average between 2006 and 2015 relative to the baseline. The U.S. domestic ethanol price decreases by 13.6 percent, which results in a 7.2 percent decline in production and a 3.8 percent increase in consumption. The lower domestic price leads to a 3.7 percent rise in the share of fuel ethanol in gasoline consumption. U.S. net ethanol imports increase by 199 percent. Brazil responds to the higher world ethanol price by increasing...
Tipo: Conference Paper or Presentation Palavras-chave: Biofuels; Ethanol; Renewable fuels; Trade liberalization; Resource /Energy Economics and Policy; F13; F17; Q17; Q18; Q42.
Ano: 2007 URL: http://purl.umn.edu/9808
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Valoracion de bienes ambientales complejos: una alternativa multicriterio AgEcon
Gomez-Limon, Jose Antonio; Barreiro-Hurlé, Jesús.
RESUMEN La valoración económica de bienes ambientales complejos presenta una serie de aspectos problemáticos. Este trabajo se centra en dos de ellos: la linealidad de los atributos en función de valor de estos bienes y la heterogeneidad en las funciones de utilidad de los individuos. Para ello se propone una metodología basada en la Teoría de la Utilidad Multiatributo que permite contrastar la importancia dada a estos aspectos. Dicha metodología se aplica a un espacio natural protegido en la provincia de Granada. De los resultados se puede concluir que la no-linealidad de los atributos y la heterogeneidad de las funciones de utilidad individuales son aspectos relevantes en la valoración de bienes ambientales. ABSTRACT Economic valuation of comlex...
Tipo: Journal Article Palavras-chave: Complex environmental goods; Heterogeneity; Attribute non-lineartiy; Multiattribute utility; Valuation; Bienes ambientales complejos; Heterogeneidad; Linealidad de atributos; Utilidad multiatributo; Valoracion; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q15; Q18; Q25.
Ano: 2007 URL: http://purl.umn.edu/7055
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Emerging Market and Policy Responses to Ethiopia's Grain Harvest of 1995-96 AgEcon
Grain Marketing Research Project, Ministry of Economic Development and Cooperation, Addis Ababa
Tipo: Journal Article Palavras-chave: Food security; Food policy; Ethiopia; Cereal price; Crop Production/Industries; Marketing; Q18.
Ano: 1996 URL: http://purl.umn.edu/54953
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Smallholder Cash Cropping, Food Cropping and Food Security in Northern Mozambique: Summary, Conclusions and Policy Recommendations AgEcon
Ministry of Agriculture and Rural Development, Directorate of Economics, Republic of Mozambique
Tipo: Working or Discussion Paper Palavras-chave: Food security; Food policy; Mozambique; Cash cropping; Food cropping; Crop Production/Industries; Food Security and Poverty; Q18.
Ano: 1997 URL: http://purl.umn.edu/56022
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Levies on Agricultural Commodities: Who Benefits? A Rapid Assessment AgEcon
Mwiinga, Billy; Shawa, Julius J.; Jayne, Thomas S.; Shaffer, James D..
This report provides an initial assessment of the impact of agricultural commodity taxes levied by local district authorities on the national objectives of food security, poverty alleviation and economic growth. A study was undertaken to provide government with a better understanding of the effects of the grain levy on the national policy objectives of promoting food security, poverty alleviation, and economic growth in Zambia.
Tipo: Report Palavras-chave: Food security; Food policy; Agricultural commodity taxes; Zambia; Agricultural and Food Policy; Crop Production/Industries; Food Security and Poverty; Q18.
Ano: 2005 URL: http://purl.umn.edu/54469
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Market Information: A Low Cost Tool for Agricultural Market Development? AgEcon
Mabota, Anabela; Arlindo, Pedro; Paulo, Antonio M.; Donovan, Cynthia.
Results of Researchs from SIMA-DEST and Department of Policies Analysis MADER-Directorate of Economics
Tipo: Report Palavras-chave: Food security; Food policy; Agricultural market development; Mozambique; Marketing; Q18.
Ano: 2003 URL: http://purl.umn.edu/55235
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Food Quality Standards in Equilibrium Models: A Discussion of Current Modeling Approaches AgEcon
Nolte, Stephan; Rau, Marie-Luise.
Throughout recent year food quality standards have become a ubiquitous phenomenon that nationally and globally influences agri-food markets. With equilibrium models commonly used in the quantitative analysis of market and trade effects, we review possible approaches to modeling standards existent in the literature, elaborate the reasoning behind them and discuss their suitability to reflect "real world" situations. While the modeling approaches identified may respectively depict a specific situation, they may not be appropriate in others. That is they capture certain effects of standards only. With increasing ability to account for the various effects of standards, the modeling approaches become more complex and the data requirements increase.
Tipo: Conference Paper or Presentation Palavras-chave: Food quality; Standards; Modeling approaches; Equilibrium models; Food Consumption/Nutrition/Food Safety; F1; C6; Q18.
Ano: 2006 URL: http://purl.umn.edu/25653
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Are Our Agricultural Risk Management Tools Adequate for a New Era? AgEcon
Barnett, Barry J.; Coble, Keith H..
Tipo: Journal Article Palavras-chave: Risk; Commodity programs; Insurance; Agricultural Finance; Risk and Uncertainty; D80; G11; Q18.
Ano: 2008 URL: http://purl.umn.edu/94700
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Impacts of the SURE Standing Disaster Assistance Program on Producer Risk Management and Crop Insurance Programs AgEcon
Anderson, John D.; Barnett, Barry J.; Coble, Keith H..
This research investigates the potential effects of the row crop provisions of the standing disaster assistance program (SURE) in the 2008 Farm Bill. Results suggest little impact on producer crop insurance purchase decisions, though the program does seem to provide an incentive for mid-level coverage. Payments under the program should be expected to differ considerably across geographic regions and levels of diversification, with the program providing the greatest benefit to undiversified producers in more risky production regions.
Tipo: Conference Paper or Presentation Palavras-chave: Crop insurance; Disaster assistance; Farm Bill; SURE; Agricultural and Food Policy; Farm Management; Risk and Uncertainty; Q12; Q18.
Ano: 2009 URL: http://purl.umn.edu/49304
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The Economic Value of Irrigation in the Texas Panhandle AgEcon
Guerrero, Bridget L.; Wright, Andrew P.; Hudson, Darren; Johnson, Jeffrey W.; Amosson, Stephen H..
The Texas Panhandle relies largely on the Ogallala Aquifer for access to water for irrigated agricultural production. With current pumping rates and slow recharge rates, the aquifer will at some point in the future no longer be an economically viable source of water for agriculture. The objective of this study is to estimate the value of irrigated agriculture to the region. A hypothetical policy restriction is imposed which assumes a one hundred percent conversion to dryland agriculture. The study estimates the economic impact of such a change on producer income and the resulting socioeconomic impacts on communities in the region.
Tipo: Conference Paper or Presentation Palavras-chave: Economic impacts; IMPLAN; Irrigated production; Ogallala Aquifer; Water policy; Community/Rural/Urban Development; Environmental Economics and Policy; Q18; Q32; Q38.
Ano: 2010 URL: http://purl.umn.edu/56433
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Statistiques Agricoles: Production Agricole, Superficies et Utilisation des terres, Année agricole 2002 AgEcon
Nyarwaya, Jean Baptiste; Shingiro, Emmanuel; Mpyisi, Edson.
Food Security Research Project (FSRP) et Division des Statistiques Agricoles (DSA) Ministère de l’Agricuture, de l’Elevage et des Forêts, MINAGRI
Tipo: Report Palavras-chave: Food security; Food policy; Rwanda; Statistics; Farm Management; Q18.
Ano: 2002 URL: http://purl.umn.edu/54584
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Distortions to Agricultural Incentives in Ukraine AgEcon
von Cramon-Taubadel, Stephan; Nivievskyi, Oleg; von der Malsburg, Emanuel Elsner; Movchan, Veronika.
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Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2007 URL: http://purl.umn.edu/48512
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Seafood Label Effectiveness in the Amherst Market: A Study of the Quality and Quantity of Point of Purchase Information AgEcon
Wagstaff, James.
As evidenced by the recent release of a comprehensive Institute of Medicine report on seafood consumption and by the passage of the 2002 Farm Bill, it is clear that there is growing concern about the health benefits and risks of fish consumption. This research project was designed to analyze the seafood market in Amherst, Massachusetts, and, specifically, to explore the effectiveness of seafood product labeling provided by the largest retailers in the area. Studying the availability of seafood and the associated labeling practices reveals how the Amherst market meets the needs of different consumers. While each venue generally adheres to the regulatory requirements of seafood labeling, this research includes recommendations as to how the market might...
Tipo: Working or Discussion Paper Palavras-chave: Seafood; Country of Origin Labeling; Retail Availability; International Relations/Trade; Marketing; D12; L15; Q18.
Ano: 2007 URL: http://purl.umn.edu/7388
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Highly Pathogenic Avian Influenza Impacts on Japan’s Import Demand for Cooked and Uncooked Poultry, Beef, Pork, and Other Meats AgEcon
Taha, Fawzi A.; Hahn, William F..
First developed meat import demand system, disaggegating poultry meat into two products, cooked poultry (safe)and uncooked poultry meat (less safe). The model includes, beef, pork, and other meats as well.
Tipo: Conference Paper or Presentation Palavras-chave: CBS model; Highly Pathogenic Avian Influenza (HPAI); BSE; Meat import demand system; Cooked poultry; Uncooked poultry; Beef; Pork; Other meats; Structural change; Japan; Agricultural and Food Policy; Health Economics and Policy; International Relations/Trade; Livestock Production/Industries; Research Methods/ Statistical Methods; Q17; Q18; Q21.
Ano: 2011 URL: http://purl.umn.edu/103853
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A Política de Preços Mínimos: Benefícios para Quem, e a que Custo? AgEcon
SIMA, Technical Team.
Resultados das investigações do Projecto de Segurança Alimentar em Moçambique MAP-Direcção de Economia-Dpto. Estatística
Tipo: Report Palavras-chave: Food security; Food policy; Mozambique; Research and Development/Tech Change/Emerging Technologies; Q18.
Ano: 1996 URL: http://purl.umn.edu/55194
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Panel Data Estimation Methods on Supply and Demand Elasticities: The Case of Cotton in Greece AgEcon
Kotakou, Christina A..
This article examines the effects of the application of panel data estimation methods on a system of equations with unbalanced panel data. We apply pooled, random-effects, and fixed-effects estimation in three data sets: small, medium, and large farms to examine the relationship between farm size and the elasticity of cotton supply with respect to cotton price. Our results indicate that the adoption of various estimation methods entails different estimated parameters both in terms of their absolute value and in terms of their statistical significance. Additionally, the elasticity of cotton supply with respect to price varies according to farm size.
Tipo: Journal Article Palavras-chave: Farm size; Panel data; Supply elasticity; Systems of equations; Demand and Price Analysis; C33; D21; Q18.
Ano: 2011 URL: http://purl.umn.edu/100637
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