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Registros recuperados: 27
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Reciprocal Trade Agreements: Impacts on Bilateral Trade Expansion and Contraction in the World Agricultural Marketplace AgEcon
Vollrath, Thomas L.; Hallahan, Charles B..
The rapid increase in the number of bilateral and regional free-trade agreements since 1995 is a striking development. The proliferation of these agreements has raised questions about whether they have, in fact, opened markets, created trade, promoted economic growth, and/or distorted trade. This study uses panel data from 1975 to 2005 and a gravity framework model to identify the influence of reciprocal trade agreements (RTAs) on bilateral trade in the world agricultural marketplace. A benchmark, Heckman sample-selection and two generalized models, one of which accounts for RTA phase-in effects, are used to gauge the impact on partner trade of mutual as well as asymmetric RTA membership. Empirical results show that RTAs increase agricultural trade between...
Tipo: Report Palavras-chave: Trade policy; Reciprocal trade agreements; Bilateral; Regional; Missing trade; Gravity models; Agricultural and Food Policy; International Development; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/102755
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Economic costs and payoffs of bilateral/regional trade agreements AgEcon
Vollrath, Thomas L.; Hallahan, Charles B..
The rapid increase in the number of bilateral and regional free-trade agreements since 1995 is a striking development. The proliferation of these agreements has raised questions among academicians and policymakers about whether they have, in fact, opened markets, created trade, promoted economic growth, and/or distorted trade. This study uses panel data from the 1975-2005 period and the gravity framework to identify the influence of bilateral/regional free-trade agreements on bilateral trade in merchandise, agriculture, and clothing sectors. A benchmark, Heckman sample-selection, and two generalized models, one of which accounts for reciprocal-free-trade-agreement phase-in effects, are used to gauge the impact on partner trade of mutual as well as...
Tipo: Conference Paper or Presentation Palavras-chave: Trade policy bilateral; Regional; Missing trade gravity models reciprocal trade agreements Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/49375
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Agricultural Profits and Farm Household Wealth: A Farm-level Analysis Using Repeated Cross Sections AgEcon
Blank, Steven C.; Erickson, Kenneth W.; Nehring, Richard F.; Hallahan, Charles B..
This study examines the relationship between agricultural profits and farm household wealth across locations and farm sizes in U.S. agriculture. A multiperiod household model is used to develop hypotheses for testing. Results indicate that farmland has out-performed nonfarm investments over the past decade. Thus, households may want to keep their farmland to build wealth, even if it requires them to earn off-farm income. The analysis implies that decision will be made based on farm household wealth factors having little to do with agriculture.
Tipo: Journal Article Palavras-chave: Farm household; Off-farm income; Production profits; Wealth; Agribusiness; Demand and Price Analysis; Farm Management; Risk and Uncertainty; Q12; Q14.
Ano: 2009 URL: http://purl.umn.edu/48749
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Economic Efficiency of U.S. Organic Versus Conventional Dairy Farms: Evidence from 2005 and 2010 AgEcon
Nehring, Richard F.; Gillespie, Jeffrey M.; Hallahan, Charles B.; Sauer, Johannes.
We estimate an input distance function for U.S. dairy farming to examine the competitiveness of organic and non-organic dairy production by system and size. Across organic/non-organic systems and size classes, size is the major determinant of competitiveness based on various measures of productivity and returns to scale.
Tipo: Presentation Palavras-chave: Organic; Non-organic; Input Distance Function; Livestock Production/Industries; Production Economics.
Ano: 2012 URL: http://purl.umn.edu/119769
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Changes in Debt Patterns and Financial Structure of Farm Businesses: A Double Hurdle Approach AgEcon
Harris, James Michael; Dillard, John; Erickson, Kenneth W.; Hallahan, Charles B..
This paper uses a double hurdle model to help explain one aspect of the changing capital structure of U.S. production agriculture--the increase in the number of debt free farms. Our findings suggest that nonfinancial factors, such as operator age, region, risk aversion, and financial factors such as debt service ability and the cost of capital play significant roles in distinguishing borrowers from non borrowers.
Tipo: Conference Paper or Presentation Palavras-chave: Farm debt; Farm credit; Double-hurdle model; Farm businesses; Agricultural Finance.
Ano: 2009 URL: http://purl.umn.edu/49402
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Off-farm Income and Risky Investments: What Happens to Farm and Nonfarm Assets? AgEcon
Andersson, Hans; Ramaswami, Bharat; Moss, Charles B.; Erickson, Kenneth W.; Hallahan, Charles B.; Nehring, Richard F..
Off-farm work improves and reduces the riskiness of household income. Theoretical analyses reveal that the level and riskiness of off-farm income affect demand for farm/nonfarm investments. A two-limit Tobit model is estimated using ARMS data for 1996-2003. The impact on investment behaviour is evaluated.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2005 URL: http://purl.umn.edu/19480
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A DECOMPOSED REGRESSION MODEL FOR MEASURING STRUCTURAL CHANGES IN THE FLOUR MILLING INDUSTRY AgEcon
Kim, C.S.; Hallahan, Charles B.; Schaible, Glenn D.; Leath, Mack N..
This paper presents a decomposed Poisson regression model based on count data that evaluates the size distribution, the changing number of flour mills for each size class, and the concentration of market power, simultaneously. This model also allows us to test dominant price leadership model.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Industrial Organization.
Ano: 2000 URL: http://purl.umn.edu/21834
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RETAIL FOOD PRICE FORECASTING AT ERS: THE PROCESS, METHODOLOGY, AND PERFORMANCE FROM 1984 TO 1997 AgEcon
Joutz, Frederick L.; Trost, Robert P.; Hallahan, Charles B.; Clauson, Annette L.; Denbaly, Mark.
Forecasting retail food prices has become increasingly important to the U.S. Department of Agriculture (USDA). This is due to the changing structure of food and agricultural economies and the important signals the forecasts provide to farmers, processors, wholesalers, consumers, and policymakers. The American food system is going through fundamental structural changes. It is unclear how these changes will affect the cyclical variation of food price markups and translate into changes in retail food prices. The only government entity that systematically examines food prices and provides food price forecasts (on an annual basis) is the Economic Research Service, and agency of USDA. This report explains the ERS procedures in forecasting food prices and...
Tipo: Report Palavras-chave: Demand and Price Analysis.
Ano: 2000 URL: http://purl.umn.edu/33575
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Impact of GE Crop Adoption on Quality-Adjusted Herbicide Use in U.S. Corn Production AgEcon
Nehring, Richard F.; Martin, Andrew; Fernandez-Cornejo, Jorge; Hallahan, Charles B.; Vialou, Alexandre; Wechsler, Seth James; Grube, Arthur.
This paper presents findings on the use of HT corn and quality-adjusted herbicide use for 12 key corn producing states using a panel data set for 1986-2008. Our preliminary findings indicate an insignificant impact of HT corn on herbicide use, conditioning or accounting for HT corn with other important drivers of corn herbicide use: HT soy, corn output price, glyphoste price, nonherbicide glyponsate price, and percentage of continuous corn and low-till corn. However, we find a positive and significant impact of HT corn on herbicide use in selected states, using regional interaction terms. We use econometric techniques to avoid spurious regression results. Other preliminary runs indicated that the results hold when running the US and regional interactions...
Tipo: Conference Paper or Presentation Palavras-chave: HT-corn; Herbicides; Weed resistance; Glyphosate; Corn; Environmental Economics and Policy; Farm Management; Production Economics.
Ano: 2011 URL: http://purl.umn.edu/103369
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Determinants of Farm Household Income Diversification in the United States: Evidence from Farm-Level Data AgEcon
Mishra, Ashok K.; Erickson, Kenneth W.; Harris, James Michael; Hallahan, Charles B.; Uematsu, Hiroki.
This study examines the determinants of income diversification of farm households in the United States. Farm households allocate their time between farm and off-farm activities to help stabilized household income (consumption). What characterizes those households who engage in off-farm activities? Is there any pattern over time? Using 1999, 2003 and 2007 farm-level data from the USDA’s Agricultural Resource Management Survey (ARMS), this study estimates intensity of off-farm income (or income diversification). The results show that older operators, full owners, and small farms have higher intensity of off-farm income in total household income. In contrast, dairy farms, vertically coordinated farms and farms located in the Southern and Pacific regions have...
Tipo: Journal Article Palavras-chave: Tobit; Income diversification; Vertical integration; Tenure; Farm households; Agricultural Finance; Consumer/Household Economics; D1; J2; Q12.
Ano: 2010 URL: http://purl.umn.edu/61632
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MARKET POWER AND COST-EFFICIENCY EFFECTS OF THE MARKET CONCENTRATION IN THE U.S. NITROGEN FERTILIZER INDUSTRY AgEcon
Kim, C.S.; Hallahan, Charles B.; Taylor, Harold; Schluter, Gerald E..
This article examines the effects of increasing market concentration level in the U.S. nitrogen fertilizer industry. Results indicate that the costs of market power are greater than the benefits of market concentration, in terms of manufacturing cost efficiency. To provide a stable nitrogen fertilizer supply at a relatively low price, it may be necessary to control natural gas price and/or reduce new import barriers from Middle East and former member states of the Soviet Union, where low cost gas is produced as a byproduct. Keywords: Nitrogen fertilizer, oligopoly, economies of size, market power, cost-efficiency.
Tipo: Conference Paper or Presentation Palavras-chave: Nitrogen fertilizer; Oligopoly; Economies of size; Market power; Cost-efficiency.; Marketing.
Ano: 2002 URL: http://purl.umn.edu/19674
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Pasture-Based Dairy Systems: Who Are the Producers and Are Their Operations More Profitable than Conventional Dairies? AgEcon
Gillespie, Jeffrey M.; Nehring, Richard F.; Hallahan, Charles B.; Sandretto, Carmen L..
U.S. dairy operations are sorted via a multinomial logit model into three production systems: pasture-based, semi-pasture-based, and conventional. Region, farm size, financial situation, and production intensity measures impact system choice. Analysis follows to determine the impact of production system on enterprise profitability. Region, farm size, and demographic variables impact profitability, as does system choice: semi-pasture-based operations were less profitable than conventional operations on an enterprise, per hundredweight of milk produced basis. Significant differences were not found in the profitability of pasture-based operations versus those using other systems.
Tipo: Journal Article Palavras-chave: Dairy farm size; Grazing; Pasture-based dairying; Livestock Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/57630
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Economics and Productivity of Organic versus Non-organic Dairy Farms in the United States AgEcon
Gillespie, Jeffrey M.; Nehring, Richard F.; Hallahan, Charles B.; Morrison Paul, Catherine J.; Sandretto, Carmen L..
Technical and scale efficiencies are estimated for organic and non-organic dairy farms in the United States using an input distance function approach. A multinomial logit analysis is used to categorize the farms by technology. Large conventional farms outperformed smaller farms in most technology / organic / non-organic categories. There was high variability in net returns among the organics so that they did not differ significantly from the large conventional farms. The largest conventional non-organic operations and conventional organic operations tended to have the higher technical efficiencies.
Tipo: Conference Paper or Presentation Palavras-chave: Organic dairy production; Input distance function; Technical efficiency; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/44415
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Small U.S. Dairy Farms: Can They Compete? AgEcon
Gillespie, Jeffrey M.; Nehring, Richard F.; Sandretto, Carmen L.; Hallahan, Charles B..
The U.S. dairy industry is undergoing rapid structural change, evolving from a structure including many small farmers in the Upper Midwest and Northeast to one that includes very large farms in new production regions. Small farms are struggling to retain competitiveness via improved management and low-input systems. Using data from USDA’s Agricultural Resource Management Survey, we determine the extent of U.S. conventional and pasture-based milk production during 2003-2007, and estimate net returns, scale efficiency, and technical efficiency associated with the systems across different operation sizes. We compare the financial performance of small conventional and pasture-based producers with one another and with largescale producers. A stochastic...
Tipo: Conference Paper or Presentation Palavras-chave: Pasture-based system; Technical efficiency; Returns to scale; Dairy; Livestock Production/Industries; Productivity Analysis.
Ano: 2009 URL: http://purl.umn.edu/52869
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Forage Outsourcing in the Dairy Sector: The Extent of Use and Impact on Farm Profitability AgEcon
Gillespie, Jeffrey M.; Nehring, Richard F.; Sandretto, Carmen L.; Hallahan, Charles B..
The extent of forage purchasing behavior in milk production and its impact on profitability are analyzed using data from the 2000 and 2005 dairy versions of the Agricultural Resource Management Survey. Forage outsourcing is more common with hay than with silage and haylage, and is more prevalent in the western United States. Though silage and haylage outsourcing is found to impact profitability, the major profitability drivers appear to be farm size and efficiency. Evidence of significant forage contracting is found in the western United States.
Tipo: Journal Article Palavras-chave: Forage; Input purchasing; Outsourcing; Contracting; Milk production; Farm Management; Industrial Organization; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/95591
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Bilateral Protection and Other Determinants of Trade: A Gravity Model Approach AgEcon
Vollrath, Thomas L.; Gehlhar, Mark J.; Hallahan, Charles B..
Replaced with revised version of paper 10/03/07.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/9804
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Conservation Tillage, Pesticide Use, and Biotech Crops in the U.S.A. AgEcon
Fernandez-Cornejo, Jorge; Hallahan, Charles B.; Nehring, Richard F.; Wechsler, Seth James; Grube, Arthur.
This paper presents the first part of an ongoing project whose objective is to present a long term relationship between conservation tillage, adoption of GE crops and pesticide use for major crops in the United States. In addition, the project aims to provide some innovative tests on causality using a panel data set. This paper presents preliminary results for soybeans.
Tipo: Conference Paper or Presentation Palavras-chave: Conservation tillage; Biotechnology; Genetically engineered crops; Soybeans; Herbicides; Environmental Economics and Policy; Farm Management; Production Economics.
Ano: 2010 URL: http://purl.umn.edu/60941
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ECONOMIC ANALYSIS OF THE CHANGING STRUCTURE OF THE U.S. FERTILIZER INDUSTRY AgEcon
Kim, C.S.; Taylor, Harold; Hallahan, Charles B.; Schaible, Glenn D..
This article evaluates structural changes in the U.S. nitrogen fertilizer industry by using a decomposed Negative Binomial Regression model. Results indicate that the U.S. nitrogen fertilizer industry can be characterized as an industry involving price leadership in oligopoly. Declining profit-margins might have forced fertilizer producers to consolidate and eliminate duplicate operations. The market concentration level is expected to intensify as the natural gas price rises.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2001 URL: http://purl.umn.edu/20513
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What Drives Agricultural Profitability in the U.S.: Application of the DuPont Expansion Model AgEcon
Mishra, Ashok K.; Harris, James Michael; Erickson, Kenneth W.; Hallahan, Charles B..
This study uses a financial approach based on the DuPont expansion to examine the significance of specialization and vertical integration on domestic agriculture. The traditional DuPont Expansion decomposes the rate of return to equity into asset efficiency, gross margins, and solvency. We hypothesize that agricultural specialization directly affects the asset efficiency and gross margin of the farm. Specifically, specialization would tend to decrease asset efficiency while increasing the gross margin. On the other hand, vertical integration may affect the gross margin and solvency directly. The effect on solvency would result from the integrator’s use of credit as an incentive. However, the general type of agricultural enterprise integrated may also...
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2008 URL: http://purl.umn.edu/6413
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Determining the Competitive Edge: Diversified Dairy Production Systems in the United States and the European Union AgEcon
Sauer, Johannes; Nehring, Richard F.; Gillespie, Jeffrey M.; Morrison Paul, Catherine J.; Blayney, Donald P.; Hallahan, Charles B.; Latruffe, Laure.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Farm Management; Livestock Production/Industries; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/61149
Registros recuperados: 27
Primeira ... 12 ... Última
 

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