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Registros recuperados: 3.309
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Die CMA auf dem Prüfstand AgEcon
Becker, Tilman C..
Tipo: Journal Article Palavras-chave: Marketing.
Ano: 2006 URL: http://purl.umn.edu/97321
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ASPECTS OF HEDGING THEORY AgEcon
Goss, Barry A..
In this paper, interpretative comments are offered on some established aspects of the economics of futures trading, including the nature of the equilibrium condition in the case of an inverse carrying charge, some inferences about traders' market positions made from estimates of returns, and the implications of the normal backwardation hypothesis in cases where hedgers are net long. The paper also includes a survey of the recent literature on the forward pricing function of futures markets, with a discussion of, inter alia, the methods used to investigate the hypothesis that futures prices are anticipations of delivery date spot prices, and the possible reasons why some markets perform this function better than others.
Tipo: Journal Article Palavras-chave: Marketing.
Ano: 1980 URL: http://purl.umn.edu/22916
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Estimation and Analysis of Rational Expectations Model of International Cotton Market AgEcon
Tokovenko, Oleksiy; Gunter, Lewell F.; Vedenov, Dmitry V..
The paper outlines an approach to estimation and analysis of rational expectations international cotton market. A multiple model bootstrap filter is used to compute unobserved market expectations and their distributions. Estimation results are used to analyze the welfare effects of exogenous trade shocks and government programs, with application to the national market security.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade; Marketing.
Ano: 2007 URL: http://purl.umn.edu/9760
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The Role of Electronic Communications in Stabilizing Markets AgEcon
Epperson, James E..
Tipo: Journal Article Palavras-chave: Marketing; Risk and Uncertainty.
Ano: 1985 URL: http://purl.umn.edu/59832
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The Basic Formula Price Futures Contract: A New Dairy Industry Risk Management Tool AgEcon
Jesse, Edward V.; Cropp, Robert A..
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries; Marketing; Risk and Uncertainty.
Ano: 1997 URL: http://purl.umn.edu/12694
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THE ROAD HALF TRAVELED: AGRICULTURAL MARKET REFORM IN SUB-SAHARAN AFRICA AgEcon
Kherallah, Mylene; Delgado, Christopher L.; Gabre-Madhin, Eleni Z.; Minot, Nicholas; Johnson, Michael.
Tipo: Report Palavras-chave: Agricultural and Food Policy; Marketing.
Ano: 2000 URL: http://purl.umn.edu/16028
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Live and Feeder Cattle Options Markets: Returns, Risk, and Volatility Forecasting AgEcon
Brittain, Lee; Garcia, Philip; Irwin, Scott H..
The paper examines empirical returns from holding thirty- and ninety-day call and put positions, and the forecasting performance of implied volatility in the live and feeder cattle options markets. In both markets, implied volatility is an upwardly biased and inefficient predictor of realized volatility, with bias most prominent in live cattle. While significant returns exist holding several market positions, most strategies are strongly affected by a drift in futures market prices. However, the returns from selling live cattle puts are persistent, and evidence from straddle returns identifies that the market overprices volatility. This overpricing is consistent with a short-term risk premium whose effect is magnified by extreme changes in market conditions.
Tipo: Conference Paper or Presentation Palavras-chave: Live cattle; Feeder cattle; Options; Returns; Risk; Volatility forecasting; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Community/Rural/Urban Development; Farm Management; Financial Economics; Livestock Production/Industries; Marketing; Research Methods/ Statistical Methods.
Ano: 2009 URL: http://purl.umn.edu/53038
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Advertising, Structural Change, and U.S. Non-Alcoholic Drink Demand AgEcon
Xiao, Hui; Kinnucan, Henry W.; Kaiser, Harry M..
The dominant pattern in U.S. non-alcoholic drink: consumption over the past 25 years has been a steady increase in per capita soft-drink: consumption, largely at the expense of coffee (and to a lesser extent) milk consumption. Our findings suggest that the major factor governing this pattern is structural change. Specifically, trend was found to be statistically significant in three of the four equations estimated in the Rotterdam system. Moreover, the estimated trend-related changes in per capita consumption (-1.0 percent per year for milk, 2. 1 percent for soft drinks, and 3.7 percent for coffee and tea) leave at most 28 percent ofthe observed quantity variation for 1990-1994 to be accounted for by changes in relative prices, income, and advertising....
Tipo: Working Paper Palavras-chave: Advertising; Beverage demand; Milk consumption; Structural change; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 1998 URL: http://purl.umn.edu/122688
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Who Benefits from Quality Labelling? Segregation Costs, International Trade and Producer Outcomes AgEcon
Jackson, Lee Ann.
This paper analyses the impact of quality based labelling on product prices, factor allocation and the resulting effects on producers within the context of an international trading system. A general equilibrium model, calibrated to 1998 data, describes United States and European Union labelling regimes for genetically modified agricultural products. The results indicate that the labelling choice of trade partners have large distributive impacts within national economies, as well as across countries and highlight the importance of using general equilibrium framework to understand the system wide impacts of labelling policies that differentiate products based upon quality characteristics. These results are essential for policy makers seeking to understand...
Tipo: Conference Paper or Presentation Palavras-chave: Labelling; International trade; Political economy; General equilibrium; Biotechnology.; International Relations/Trade; Marketing; Political Economy.
Ano: 2003 URL: http://purl.umn.edu/57897
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MARKET ANALYSIS OF A STUDENT AGRIBUSINESS ORGANIZATION AS A PLANNING AND EDUCATIONAL TOOL AgEcon
Thilmany, Dawn D.; Hoag, Dana L..
Although marketing principles and strategies are taught in all major agribusiness management programs in the country, few agribusiness student groups use these very principles in the planning of their own activities. This article describes a market research project developed by the AgriBusiness Association at Colorado State University (CSU) as an example of how to integrate coursework with an undergraduate agribusiness organization's program of activities. In addition to reinforcing marketing principles learned at CSU, the project taught students the importance of setting objectives, research design, and data analysis. Many of the findings were used to plan and improve the club.
Tipo: Journal Article Palavras-chave: Agribusiness clubs; Marketing; Undergraduate students; Agribusiness; Teaching/Communication/Extension/Profession.
Ano: 2001 URL: http://purl.umn.edu/14689
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A Marketing Systems Approach to Removing Distribution Barriers Confronting Small-Volume Fruit and Vegetable Growers AgEcon
Hall, Charles R.; Brooker, John R.; Eastwood, David B.; Epperson, James E.; Estes, Edmund A.; Woods, Timothy A..
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Marketing; L11; L25.
Ano: 2006 URL: http://purl.umn.edu/94364
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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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Household-Level Livestock Marketing Behavior Among Northern Kenyan and Southern Ethiopian Pastoralists AgEcon
Bellemare, Marc F.; Barrett, Christopher B.; Osterloh, Sharon M..
Pastoralists in East Africa's arid and semi-arid lands (ASAL) regularly confront climatic shocks triggering massive herd die-offs and loss of scarce wealth. On the surface, it appears puzzling that pastoralists do not make extensive use of livestock markets to offload animals when climatic shocks temporarily reduce the carrying capacity of local rangelands, and then use markets to restock their herds when local conditions recover. In recent years, donors and policy makers have begun to hypothesize that investments in livestock marketing systems might quickly pay for themselves through reduced demand for relief aid,by increasing pastoralist marketing responsiveness to temporal variation in range conditions.
Tipo: Working or Discussion Paper Palavras-chave: Marketing.
Ano: 2005 URL: http://purl.umn.edu/14749
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Expert Opinion and the Demand for Experience Goods: An Experimental Approach AgEcon
Hilger, James; Rafert, Greg; Villas-Boas, Sofia Berto.
There exist two significant obstacles to analyzing the effect of expert opinion on consumer demand for experience goods: (1) the relationship between good reviews and high product demand may be spurious and driven by high product quality, and (2) even if expert opinion increases consumer demand, it is unclear whether it does so by providing quality information or by alerting consumers to the existence of a particular product. We utilize an experimental approach in a retail grocery chain in which we display expert opinion information for a group of randomly selected wines to overcome these obstacles. We find that although there is no overall consumer response to expert opinion provision, a subset of highly reviewed wines experienced an increase in demand....
Tipo: Working or Discussion Paper Palavras-chave: Food Consumption/Nutrition/Food Safety; Institutional and Behavioral Economics; Marketing.
Ano: 2007 URL: http://purl.umn.edu/6055
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Agricultural Contracts and Alternative Marketing Options: A Matching Analysis AgEcon
Katchova, Ani L..
The increasing use of agricultural contracts and processor concentration raises concerns that processors may offer lower contract prices in absence of local competition. This study examines the price competitiveness of marketing and production contracts depending on the availability of alternative marketing options. A propensity score matching method is used to compare prices using contract data from a farm-level national survey. The results show that the absence of other contractors or spot markets in producers’ areas does not lead to statistically significant price differences in agricultural contracts for most commodities, providing evidence that most agricultural processors do not exercise market power by reducing prices when other local buyers are not...
Tipo: Journal Article Palavras-chave: Agricultural prices; Alternative marketing options; Local competition; Marketing contracts; Production contracts; Propensity score matching; Agribusiness; Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Demand and Price Analysis; Financial Economics; Marketing; Q13.
Ano: 2010 URL: http://purl.umn.edu/90672
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Discussion: Commodity Price Discovery: Problems That Have Solutions or Solutions That Are Problems AgEcon
Fortenbery, T. Randall.
This paper examines three invited papers focused on commodity prices. Public responses to high nominal commodity prices and perceived increases in price risk have ranged from attempts to assign blame, attempts to change contracting arrangements, and development of public policy that ‘‘protects’’ the market from future occurrences of unacceptable behavior. Interestingly, a result of increased commodity price volatility has suggested that futures markets no longer ‘‘work.’’ This is ironic given that futures markets initially came into existence as tools for managing the negative impacts of commodity price risk. In response to perceptions of market failure some are looking for strategies to regulate the who and how of futures trading.
Tipo: Journal Article Palavras-chave: Futures markets; Hedging; Price risk; Risk management; Speculation; Agribusiness; Agricultural Finance; Marketing; Risk and Uncertainty; G13; Q11; Q13; Q14.
Ano: 2009 URL: http://purl.umn.edu/53084
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Economics of Dockage Removal in Barley: Background, Cleaning Costs, Handling, and Merchandising Practices AgEcon
Wilson, William W.; Scherping, Daniel J.; Cobia, David W.; Johnson, D. Demcey.
Tipo: Working or Discussion Paper Palavras-chave: Marketing.
Ano: 1993 URL: http://purl.umn.edu/23213
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Estimating Threshold Effects of Generic Fluid Milk and Cheese Advertising AgEcon
Adachi, Kenji; Liu, Donald J..
Replaced with revised version of paper 08/01/06.
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2006 URL: http://purl.umn.edu/13754
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Auction Markets for Specialty Food Products with Geographical Indications AgEcon
Schamel, Guenter.
We present a first analysis of auction markets for specialty food products. We identify auction prices, trade volume and value for domestic and foreign origin specialty ham with geographical indications (GIs) which were actually sold in online auctions in Germany within a one-month period. Applying hedonic modeling, we examine potential factors that may influence online bidding behavior and final auction prices. We estimate positive auction price effects for weight, bidding activity, and auction length, that the domestic product is sold at a discount, that higher shipping cost have a negative impact on final prices, and that auctions ending on Fridays and Saturdays yield lower prices. The model may be used to estimate the value of GIs. In our example, we...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer economics; Geographical indications; Auctions; Information; Marketing; D12; D44; D83.
Ano: 2006 URL: http://purl.umn.edu/25606
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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
Registros recuperados: 3.309
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