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Non-Farm Rural Activities (NFRA) in a Peasant Economy: The Case of the North Peruvian Sierra AgEcon
Velazco, Jackeline.
Is it feasible to increase income and generate employment in the context of a traditional labour intensive rural industry with strong linkages to an agriculturally backward economy? In order to address this issue, primary data from four villages of Peruvian North Sierra was used. The case of the hat making activity, employing exclusively family labour, purchasing the main input (straw, paja de palma) from Ecuador, and with consumers concentrated on villages and small towns, was investigated. The analysis was made at the market level. Considering the context of a self-employment activity, a theoretical framework was developed to explain the determinants of labour demand, input demand, hat output and labour return. Demand and supply constraints to the...
Tipo: Conference Paper or Presentation Palavras-chave: Non-farm rural activities; Self-employment activity; Peasant economy; Peru; Community/Rural/Urban Development; D12; D21; Q12..
Ano: 2003 URL: http://purl.umn.edu/25817
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Unobserved Firm Heterogeneity and the Size - Exports Nexus: Evidence from German Panel Data AgEcon
Wagner, Joachim.
This paper starts from the stylized fact that firm size and exporting tends to be positively related. Using large sets of establishment panel data for three different industries from official statistics evidence is presented that the familiar picture of an export/sales ratio that ceteris paribus increases (at a decreasing rate) with firm size vanishes if unobserved firm heterogeneity is controlled for in a fixed effects fractional logit regression model. This finding is well in line with the fact that many small firms are "hidden export champions". Das Papier geht von dem stilisierten Faktum aus, dass Unternehmensgröße und Exportorientierung positiv miteinander zusammenhängen. Auf der Grundlage eines umfangreichen Betriebsdatensatzes der amtlichen...
Tipo: Working or Discussion Paper Palavras-chave: Exports; Firm size; Establishment panel data; Fractional logit regression; International Relations/Trade; F10; D21; L60.
Ano: 2002 URL: http://purl.umn.edu/26250
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Comparative Financial Characteristics of U.S. Farms by Type, 2005 AgEcon
Chavez, Eddie C.; Dixon, Bruce L.; Ahendsen, Bruce L.; Wailes, Eric J..
This study presents and analyzes the mean financial characteristics of different types of crop and livestock farms in the U.S. in 2005. The eighteen farm types are: poultry, beef cattle, hogs, dairy, general livestock, general cash grain, wheat, corn, soybean, grain sorghum, rice, tobacco, cotton, peanut, general crop, fruits and tree nuts, vegetables, and nursery and greenhouse. Significant, two-way statistical differences in mean farm income statement and farm balance sheet variables are highlighted. Results provide a general indication of the comparative profitability, liquidity, solvency, and financial efficiency of different types of U. S. crop and livestock farms.
Tipo: Working or Discussion Paper Palavras-chave: Farm type; ARMS data; Financial characteristics; Financial ratios; 2005; Agricultural Finance; Production Economics; Q12; Q14; D21.
Ano: 2009 URL: http://purl.umn.edu/55780
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SMEs in Argentina: Who are the Exporters AgEcon
Ottaviano, Gianmarco I.P.; Volpe Martincus, Christian.
There exists a growing body of literature which looks at export decisions made by firms. Most studies focus on developed countries and do not explore whether different behavioral patterns prevail over the firm size distribution. This paper aims at filling this gap in the literature by analyzing the export behavior of a statistically representative sample of 192 Small and Medium-Size Enterprises (SMEs) in a developing country, Argentina, over the period 1996-1998. We find that the level of employment, sourcing from abroad, investment in product improvement and average productivity are associated with a higher probability of exporting. Training activities for employees are important to export outside of MERCOSUR.
Tipo: Working or Discussion Paper Palavras-chave: SME; Exports; Argentina; International Development; F10; F14; D21; L60.
Ano: 2009 URL: http://purl.umn.edu/55287
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The Causal Effects of Exports on Firm Size and Labor Productivity: First Evidence From a Matching Approach AgEcon
Wagner, Joachim.
This paper uses a large plant level panel data set from Germany and a matching approach to look for causal effects of starting to export on plant performance. We find positive effects on growth of employment, labor productivity, and wages. Dieses Diskussionspapier untersucht, welche Effekte der Exportstart auf die Performance von Betrieben hat. Es legt einen Matching-Ansatz zugrunde. Datenbasis ist ein großes deutsches Betriebspanel. Es werden positive Auswirkungen des Exportstarts auf Beschäftigung, Arbeitsproduktivität und Löhne nachgewiesen.
Tipo: Working or Discussion Paper Palavras-chave: Exports; Causal effects; Firm performance; Matching approach; International Relations/Trade; Labor and Human Capital; F10; D21; L60.
Ano: 2001 URL: http://purl.umn.edu/26189
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Factors Influencing Farmer Adoption of Portable Computers for Site-Specific Management: A Case Study for Cotton Production AgEcon
Walton, Jonathan C.; Larson, James A.; Roberts, Roland K.; Lambert, Dayton M.; English, Burton C.; Larkin, Sherry L.; Marra, Michele C.; Martin, Steven W.; Paxton, Kenneth W.; Reeves, Jeanne M..
Personal digital assistants (PDA) and handheld global positioning systems (GPS) have become increasingly important in cotton production but little is known about their use. This research analyzed the adoption of PDA/handheld GPS devices in cotton production. A younger farmer who used a computer in farm management and had a positive perception of Extension had a greater likelihood of adopting the devices. In addition, farmers who used complementary remote sensing, plant mapping, and grid soil sampling information were more likely to use PDA/handheld GPS devices. Finally, the COTMAN in-field decision support program from Extension also positively impacted adoption.
Tipo: Journal Article Palavras-chave: Decision support; Information technology; Precision farming technology; Variable rate technology; Agribusiness; Community/Rural/Urban Development; Crop Production/Industries; Farm Management; Land Economics/Use; Research and Development/Tech Change/Emerging Technologies; Teaching/Communication/Extension/Profession; D21; Q12; Q16.
Ano: 2010 URL: http://purl.umn.edu/90671
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A TWO-STEP ESTIMATOR FOR A SPATIAL LAG MODEL OF COUNTS: THEORY, SMALL SAMPLE PERFORMANCE AND AN APPLICATION AgEcon
Lambert, Dayton M.; Brown, Jason P.; Florax, Raymond J.G.M..
Several spatial econometric approaches are available to model spatially correlated disturbances in count models, but there are at present no structurally consistent count models incorporating spatial lag autocorrelation. A two-step, limited information maximum likelihood estimator is proposed to fill this gap. The estimator is developed assuming a Poisson distribution, but can be extended to other count distributions. The small sample properties of the estimator are evaluated with Monte Carlo experiments. Simulation results suggest that the spatial lag count estimator achieves gains in terms of bias over the aspatial version as spatial lag autocorrelation and sample size increase. An empirical example deals with the location choice of single-unit start-up...
Tipo: Working or Discussion Paper Palavras-chave: Count model; Location choice; Manufacturing; Poisson; Spatial econometrics; Community/Rural/Urban Development; Land Economics/Use; Research and Development/Tech Change/Emerging Technologies; C21; C25; D21; R12; R30.
Ano: 2010 URL: http://purl.umn.edu/59780
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Determinants of the Strength of Strategic Adjustments in Farm Capital Structure AgEcon
Escalante, Cesar L.; Barry, Peter J..
This study employs correlation relationships to measure the strength of trade-offs between business and financial risks as a representative of the strategic capital adjustment process. Under different business risk measures based on varying lengths of historical farm income data, results suggest that farmers tend to adopt a myopic perspective when contemplating risk-balancing plans. Cross-sectional regression results for two-time period models covering the decade of the 1980s and 1990s yielded important implications. The liquidity-constrained environment of the 1980s emphasizes the combination of risk-balancing plans, specialization, and market revenue-enhancing strategies. In the 1990s, risk balancing becomes compatible with risk-reducing crop...
Tipo: Journal Article Palavras-chave: Business risk; Correlation coefficient measure of risk balancing; Expected utility mean variance model; Financial risk; Risk management strategy; Stochastic interest rates; Strategic capital adjustment; D21; D81; G11; Q12; Q14.
Ano: 2003 URL: http://purl.umn.edu/37834
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The FDA Food Safety and Modernization Act and the Exemption for Small Firms AgEcon
Pouliot, Sebastien.
The FDA Food Safety Modernization Act of 2010 is new legislation that mandates, among other things, new food safety standards. The act includes a clause that exempts small firms from new regulatory requirements. This paper investigates the effects of a small firm exemption from more stringent food safety standards. The model compares food safety, total output and the number of market participants for different food safety regulation with and without an exemption for small firms. The numerical examples show that a more stringent food safety regulation increases food safety, increases the price of food, decreases the total output and decreases the number of firms. A new food safety standard with an exemption for small firms increases the average food safety...
Tipo: Conference Paper or Presentation Palavras-chave: Food safety; Heterogeneous firms; Regulation; Regulatory exemption; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; D21; M31; Q10; Q18.
Ano: 2011 URL: http://purl.umn.edu/103885
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Adoption of Technology, Management Practices, and Production Systems by U.S. Beef Cow-Calf Producers AgEcon
Pruitt, J. Ross; Gillespie, Jeffrey M.; Nehring, Richard F.; Qushim, Berdikul.
Using USDA’s Agricultural Resource Management Survey data, factors leading to the adoption of technology, management practices, and production systems by U.S. beef cow-calf producers are analyzed. Binary logit regression models are used to determine impacts of vertical integration; region of the U.S.; farm size, diversification, and tenure; and demographics on adoption decisions. Significant differences were found in adoption rates by region of the U.S., degree of vertical integration, and size of operation, suggesting the presence of economies of size and vertical economies of scope. Results also indicate high degrees of complementarity among technologies, management practices, and production systems.
Tipo: Article Palavras-chave: Cattle; Cow-calf; Management practices; Production systems; Technology adoption; Farm Management; D21; Q12; Q16.
Ano: 2012 URL: http://purl.umn.edu/123778
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Exports, Foreign Direct Investment, and Productivity: Evidence from German Firm Level Data AgEcon
Wagner, Joachim.
This paper presents the first empirical test with German establishment level data of a hypothesis derived by Helpman, Melitz and Yeaple in a model that explains the decision of heterogeneous firms to serve foreign markets either trough exports or foreign direct investment: only the more productive firms choose to serve the foreign markets, and the most productive among this group will further choose to serve these markets via foreign direct investments. Using a non-parametric test for first order stochastic dominance it is shown that, in line with this hypothesis, the productivity distribution of foreign direct investors dominates that of exporters, which in turn dominates that of national market suppliers.
Tipo: Working or Discussion Paper Palavras-chave: Exports; Foreign direct investment; Productivity; Heterogeneous firms; Stochastic dominance; International Relations/Trade; F14; F23; D21.
Ano: 2005 URL: http://purl.umn.edu/26205
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Willingness to Pay for Information Programs about E-Commerce: Results from a Convenience Sample of Rural Louisiana Businesses AgEcon
Watson, Susan; Nwoha, Ogbonnaya John; Kennedy, Gary A.; Rea, Kenneth.
The probability of a business paying various amounts of money for an e-commerce presence ultimately depends on demographic features, experiences with e-commerce from a buyer’s and seller’s perspective, technological expertise, and knowledge of e-commerce opportunities and limitations. Estimating functions to assign probabilities associated with the willingness to pay for an e-commerce presence will assist in forecasting regional likelihood of certain profiles paying various monetary amounts for an e-commerce presence. In addition, if services are provided at no cost by a third party, value to a society will be maximized by selecting profiles with the highest willingness to pay.
Tipo: Journal Article Palavras-chave: E-commerce; Internet; Rural businesses; Technology; Willingness to pay; A14; C25; D21; O13; O14; O33; Q16.
Ano: 2005 URL: http://purl.umn.edu/43502
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Marketing via Friends: Strategic Diffusion of Information in Social Networks with Homophily AgEcon
Chuhay, Roman.
The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar to them. In the model there are two types of consumers embedded into a social network, which differ in friendship preferences and desirable design of product. Consumers can learn about the product directly from an advertisement or from their neighbors. The monopolist chooses the product design and price to influence a pattern of communication among consumers. We find a number of results: (i) for low levels of homophily the product attractive to both types of consumers is preferred to specialized products; (ii) the...
Tipo: Working or Discussion Paper Palavras-chave: Networks; Word of Mouth; Viral Marketing; Homophily; Diffusion; Social Networks; Random Graphs; Monopoly; Pricing Strategy; Product Design; Marketing; Advertisement; Environmental Economics and Policy; D21; D42; D60; D83; L11; L12.
Ano: 2010 URL: http://purl.umn.edu/96667
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Effect of Prices, Traits and Market Structure on Corn Seeding Density AgEcon
Mitchell, Paul D.; Shi, Guanming; Ma, Xingliang; Lauer, Joseph G..
Recent agronomic research finds that economically optimal seeding densities have likely increased for many Midwestern corn farmers as a result of genetic improvements including new GM traits such as Bt corn and herbicide tolerance. We derive a per acre demand model for hybrid seed corn to examine the determinants of corn seeding densities and estimate the model using a large data set of individual farmer seed corn purchases. Current results identify factors other than prices affecting farmer corn seeding densities. Among these factors are the GM trait of the seed corn, measures of the local seed corn market structure, seed purchase source and intended end use. We interpret these effects in terms of information effects—farmers with more/better access to...
Tipo: Conference Paper or Presentation Palavras-chave: Hybrid seed corn; Bt corn; Herbicide tolerance; Herfindahl index; Corn borer; Rootworm; Hyperbolic yield model; Agribusiness; Crop Production/Industries; Farm Management; Industrial Organization; Production Economics; D2; D21; Q1; Q12.
Ano: 2009 URL: http://purl.umn.edu/49520
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Adoption of Site-Specific Information and Variable-Rate Technologies in Cotton Precision Farming AgEcon
Roberts, Roland K.; English, Burton C.; Larson, James A.; Cochran, Rebecca L.; Goodman, W. Robert; Larkin, Sherry L.; Marra, Michele C.; Martin, Steven W.; Shurley, W. Donald; Reeves, Jeanne M..
Probit analysis identified factors that influence the adoption of precision farming technologies by Southeastern cotton farmers. Younger, more educated farmer who operated larger farms and were optimistic about the future of precision farming were most likely to adopt site-specific information technology. The probability of adopting variable-rate input application technology was higher for younger farmers who operated larger farms, owned more of the land they farmed, were more informed about the costs and benefits of precision farming, and were optimistic about the future of precision farming. Computer use was not important, possibly because custom hiring shifts the burden of computer use to agribusiness firms.
Tipo: Journal Article Palavras-chave: Cotton; Grid soil sampling; Precision farming; Probit; Sample selection; Site-specific information; Technology adoption; Variable-rate application; D21; Q12; Q16.
Ano: 2004 URL: http://purl.umn.edu/42943
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Strict Liability as a Deterrent in Toxic Waste Management: Empirical Evidence from Accident and Spill Data AgEcon
Alberini, Anna; Austin, David H..
This paper explores the issue of whether strict liability imposed on polluters has served to reduce uncontrolled releases of toxics into the environment. Strict liability should create additional incentives for firms to handle hazardous substances more carefully, thus reducing the future likelihood of uncontrolled releases of toxics. However, the size of these incentives may vary according to the size of a firm's assets, since asset size is the ultimate limit on a firm's liability. We are therefore interested to see whether imposing strict liability for the cost of remediation at hazardous waste sites has encouraged firms to handle toxic materials more carefully and has uniformly reduced the incidence of toxic spills, or whether the effect is dependent on...
Tipo: Working or Discussion Paper Palavras-chave: Strict liability; Hazardous substances; Accident risk; Environmental Economics and Policy; L51; K32; D21.
Ano: 1998 URL: http://purl.umn.edu/10597
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Measurement of dynamic efficiency, a directional distance function parametric approach AgEcon
Serra, Teresa; Stefanou, Spiro E.; Oude Lansink, Alfons G.J.M..
This research proposes a parametric estimation of the structural dynamic efficiency measures proposed by Silva and Oude Lansink (2009). Overall, technical and allocative efficiency measurements are derived based on a directional distance function and the duality between this function and the optimal value function. The applicability of the parametric proposal is illustrated by assessing dynamic efficiency ratings for a sample of Dutch dairy farms observed from 1995 to 2005.
Tipo: Conference Paper or Presentation Palavras-chave: Structural dynamic efficiency; Dairy farms; Parametric approach; Agricultural and Food Policy; Farm Management; Land Economics/Use; D21; D24; D61; D92.
Ano: 2010 URL: http://purl.umn.edu/61107
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On the Economic Determinants of Oil Production. Theoretical Analysis and Empirical Evidence for Small Exporting Countries AgEcon
Cologni, Alessandro; Manera, Matteo.
In this paper, decisions regarding production in oil exporting countries are studied by means of theoretical analysis and empirical investigation. Under the assumptions of exogenous oil prices and world oil demand, we are able to describe the relationship between oil production levels and changes in the conditions in world oil markets. Intertemporal production decisions by a representative oil producer are modelled by means of a partial equilibrium model. In this theoretical model, oil producers are subject to exogenous shocks in world oil demand and prices. Oil companies can change output levels only by incurring a fixed cost. Results from the simulation of this model show a strong relationship between oil production and changes in world oil consumption....
Tipo: Working or Discussion Paper Palavras-chave: Oil Production; Exogenous Shocks; Theoretical Modelling; Time Series Analysis; Resource /Energy Economics and Policy; C22; D21; D22; Q41.
Ano: 2011 URL: http://purl.umn.edu/115725
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Optimal Stocking Density for Dual-Purpose Winter Wheat Production AgEcon
Kaitibie, Simeon; Epplin, Francis M.; Brorsen, B. Wade; Horn, Gerald W.; Krenzer, Eugene G., Jr.; Paisley, Steven I..
Dual-purpose winter wheat production is an important economic enterprise in the southern Great Plains of the United States. Because of the complex interactions involved in producing wheat grain and beef gain from a single crop, stocking density is an important decision. The objective of the research is to determine the stocking density that maximizes expected net returns from dual-purpose winter wheat production. Statistical tests rejected a conventional linear-response plateau function in favor of a linear-response stochastic plateau function. The optimal stocking density of 1.48 steers/ha (0.60 steers/acre) is 19% greater with a stochastic than with a nonstochastic plateau.
Tipo: Journal Article Palavras-chave: Dual purpose; Response function; Stochastic plateau; Stocking density; Wheat; R32; Q12; C29; D21.
Ano: 2003 URL: http://purl.umn.edu/37313
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VERTICAL PRICE TRANSMISSION IN DIFFERENTIATED PRODUCT MARKETS: A DISAGGREGATED STUDY FOR MILK AND BUTTER AgEcon
Loy, Jens-Peter; Holm, Thore; Steinhagen, Carsten.
Tipo: Presentation Palavras-chave: Vertical Price Transmission; Threshold Error Correction Model; Dairy Products; Brands; Retail Market; Germany; Agribusiness; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Marketing; C32; D21; L11; L81.
Ano: 2012 URL: http://purl.umn.edu/123284
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