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A STUDY OF RICE PRICES AgEcon
Kiet, Nguyen Tang.
This paper tries to study rice price movements and relationships that might exist between rice prices of different selected countries; furthermore, some demand relations for rice will be constructed. Factors influencing consumption such as changes in population and incomes will also be discussed. The period under study will be from after the Second World War to 1960. Rice price fluctuations can be observed from year to year both in local markets and in international trade. This is due to differing demand and supply conditions. On the one hand, production has greatly fluctuated, because of acreage and yield variations; on the other, rice consumption has changed patterns in many countries.
Tipo: Thesis or Dissertation Palavras-chave: Crop Production/Industries; Demand and Price Analysis.
Ano: 1963 URL: http://purl.umn.edu/11125
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DETERMINATION OF THE OPTIMUM INTERPROVINCE FLOW AND DIFFERENCES OF PRICES FOR FLUID MILK IN SPAIN AgEcon
Patier, Eduardo Diez.
This paper is designed to analyze the present milk pricing system of Spain and to identify opportunities for its improvement. The general objectives of providing descriptive, diagnostic, predictive or projective and prescriptive information will include the following: (1) to describe the more important characteristics of the milk pricing system of Spain; (2) to diagnose some of the shortcomings of the present system; and (3) to prescribe possible changes in the pricing system leading to improved performance.
Tipo: Thesis or Dissertation Palavras-chave: Demand and Price Analysis; Livestock Production/Industries.
Ano: 1974 URL: http://purl.umn.edu/11233
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Why Do Rural Firms Live Longer? AgEcon
Yu, Li; Orazem, Peter F.; Jolly, Robert W..
Rural firms have a higher survival rate than urban firms. Over the first 13 years after firm entry, the hazard rate for firm exits is persistently higher for urban firms. While differences in firm attributes explain some of the rural-urban gap in firm survival, rural firms retain a survival advantage 18.5% greater than observationally equivalent urban firms. We argue that in competitive markets, the remaining survival advantage for rural firms must be attributable to unobserved factors that must be known at the time of entry. A plausible candidate for such a factor is thinner markets for the capital of failed rural firms. The implied lower salvage value of rural firms suggests that firms sorting into rural markets must have a higher probability of success...
Tipo: Working or Discussion Paper Palavras-chave: Rural; Urban; Entry; Exit; Survival; Sorting; Salvage value; Community/Rural/Urban Development; Demand and Price Analysis; Financial Economics; Industrial Organization; Labor and Human Capital; Marketing; Production Economics; Productivity Analysis; Risk and Uncertainty; O18; L21; D92.
Ano: 2009 URL: http://purl.umn.edu/54081
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AN OCTOBER PREDICTION OF THE DETROIT NOVEMBER PRICE FOR EGGS AT THE WHOLESALE LEVEL AgEcon
Lee, Moon K..
The primary objective of this study is to formulate a multiple regression equation for predicting the November average price of Grade A, white, large eggs delivered in Detroit, Michigan. To accomplish the objective, several equations will be tried. The equation with the highest predicting power will be chosen to predict November price in 1970 as of October of that year. October was chosen on the basis that October price difference between medium and large size affected the November price considerable. Therefore, the factor just could not be dropped. The secondary objective in the study is to examine demand elasticities for eggs. Egg producers and policy makers may have the base in making decisions if egg marketing order is ineffective in the future.
Tipo: Thesis or Dissertation Palavras-chave: Demand and Price Analysis; Livestock Production/Industries.
Ano: 1971 URL: http://purl.umn.edu/11048
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The 2008/09 Food Price and Food Security Situation in Eastern and Southern Africa: Implications for Immediate and Longer Run Responses. AgEcon
Jayne, Thomas S.; Chapoto, Antony; Minde, Isaac J.; Donovan, Cynthia.
The dramatic rise in world food prices since 2007 has commanded the world’s attention. However, in recent months, world food prices have fallen almost as rapidly as they had risen in late 2007 and early 2008, yet as is demonstrated in this report, domestic food price levels in many eastern and southern African markets are not closely tracking world prices. Fertilizer prices remain at unprecedentedly high levels and may have a critical influence on future food production levels in the region. Against this backdrop, there is an urgent need for information about how the current food situation is unfolding in the region, the immediate policy response options, and the longer-term challenges and opportunities. This study has three objectives: 1) to examine the...
Tipo: Report Palavras-chave: Agriculture; Africa; Food security; Price; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Q11.
Ano: 2008 URL: http://purl.umn.edu/54556
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'ORGANIC' AND 'CONVENTIONAL' GRAIN AND SOYBEAN PRICES IN THE NORTHERN GREAT PLAINS AND UPPER MIDWEST: 1995 THROUGH 2003 AgEcon
Streff, Nicholas J.; Dobbs, Thomas L..
Prices for corn, soybeans, wheat, and oats grown "organically" and "conventionally" are compared for the years 1995 through 2003. Conventional prices are those compiled by the USDA's National Agricultural Statistics Service, and organic prices come from the Organic Business News Organic Commodity Prices, through Hotline Printing and Publishing. Ratios of organic-to-conventional prices for both South Dakota and the U.S. are shown for each of the nine years.
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis.
Ano: 2004 URL: http://purl.umn.edu/32035
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Positive Market Effects from a Meatpacking Plant Opening: Perceptions and Reality AgEcon
Hornung, Jonathan T.; Ward, Clement E..
Economic theory suggests that adding a competitive buyer to a market should have positive effects on competition and prices, ceteris paribus. An additional buyer increases market demand, shifting demand to the right, and expands the number of active buyers, reducing average market shares of existing buyers while intensifying bidding competition. Whether or not these positive impacts occur in reality is an empirical question. The largest pork processor in Canada, Maple Leaf Foods Inc., opened a 45,000 head/week hog processing facility in August 1999 in Brandon, Manitoba. The plant opened during a period of expanding hog production in Canada, of increasing hog exports to the United States, and of increasingly tight processing capacity in the United States...
Tipo: Journal Article Palavras-chave: Agribusiness; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/46022
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AN EVALUATION OF THE RICE OUTLOOK AND SITUATION PRICE FORECASTS AgEcon
Elam, Emmett W.; Holder, Shelby H..
The Rice Outlook and Situation (RO&S) forecasts were compared to the forecasts of a univariate Box-Jenkins (BJ) model. On balance, the RO&S forecasts had lower mean square forecast errors and lower mean absolute forecast errors than the BJ model forecasts. The differences in the squared and absolute forecast errors were not significant, however. Based on the concept of conditional efficiency as set forth by Granger and Newbold, it was found that the BJ forecasts did not add any information that might improve forecast accuracy beyond what was already incorporated in the RO&S forecasts.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1985 URL: http://purl.umn.edu/29980
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DEMAND DRIVERS FOR FRESH-CUT FLOWERS AND THEIR SUBSTITUTES: AN APPLICATION OF HOUSEHOLD EXPENDITURE ALLOCATION MODELS AgEcon
Girapunthong, Napaporn; Ward, Ronald W..
Flowers are purchased for a variety of reasons ranging from expressions of love or sympathy to satisfying environmental and beautification goals. Unlike many foods where some of the attributes can be quantitatively measured such as grams of fat in meats and milligrams of cholesterol in fluid milk, these aesthetically pleasing products present an array of attributes that are closely tied to the buyer’s reasons for making the purchase. Clearly the attributes are fundamentally different since the goal associated with the purchase depends on the buyer’s objectives. This also implies that the demand for such products should be much more closely tied to the characteristics for the buyers and the reasons for buying. Flowers are not absolutely essential for...
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/22178
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A Hedonic Pricing Model for German Wine AgEcon
Schamel, Guenter.
We develop a hedonic pricing model for German quality wine. Quality indicators for 4,141 wines are sensory awards received at the annual German wine competition and the legally required quality category as well as a set of control variables including regional origin, color, style, and their age at the time of judging. The data confirms that sensory quality awards have a significant and positive price impact. Moreover, we estimate significant relative differences between quality categories, growing regions and most of the control variables.
Tipo: Journal Article Palavras-chave: Wine; Hedonic pricing models; Reputation; Consumer/Household Economics; Demand and Price Analysis; Marketing.
Ano: 2003 URL: http://purl.umn.edu/97975
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The Demand for Food in the United States: A Review of the Literature, Evaluation of Previous Estimates, and Presentation of New Estimates of Demand AgEcon
Okrent, Abigail M.; Alston, Julian M..
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2010 URL: http://purl.umn.edu/61674
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DEMAND FOR HERBICIDE IN CORN: AN ENTROPY APPROACH USING MICRO-LEVEL DATA AgEcon
Arndt, Channing.
Price responsiveness of herbicide demand in corn for farmers in Indiana'’s White River Basin using cross-section data from individual farms is estimated. Particular attention is paid to appropriate treatment of binding nonnegativity constraints. Estimation was first attempted using an approach to demand systems estimation suggested by Lee and Pitt. However, analytical and computational difficulties effectively preclude estimation by the Lee and Pitt approach. As an alternative, a maximum entropy (ME) approach is presented and discussed. Results from the ME estimator tentatively indicate limited response of herbicide demand to changes in own prices. The maximum entropy approach to demand systems estimation appears to have merit and warrants further attention.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Demand and Price Analysis.
Ano: 1999 URL: http://purl.umn.edu/30866
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CONSUMER INTENTIONS OF BUYING POULTRY MEAT UNDER PERCEIVED BIOLOGICAL, CHEMICAL OR TECHNOLOGICAL RISK IN FINLAND AgEcon
Heikkila, Jaakko; Pouta, Eija; Forsman-Hugg, Sari; Makela, Johanna.
The study focuses on various types of food safety risks: biological (zoonoses), chemical (chemical treatment of the meat) and technological (use of genetically modified feed). The emphasis was on how the perceived risks affect the purchase intentions in the case of broiler meat. In the case of each risk products the attitude-level variables had importance in explaining the buying intentions. The heterogeneity of the respondents regarding the purchase intentions of risk products was analysed by latent class logistic regression that included all three risk products. About 60% of the respondents belonged to the group of risk avoiders in which the purchase intention of risk food was significantly lower than in the second group of risk neutrals in which 64% of...
Tipo: Conference Paper or Presentation Palavras-chave: Broiler; Consumer behaviour; Risk; Food safety; Consumer heterogeneity; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; C25; D12; Q18.
Ano: 2010 URL: http://purl.umn.edu/116403
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Estimating the Demand for Wine Using Instrumental Variable Techniques AgEcon
Cuellar, Steven; Huffman, Ryan.
The demand for wine is generally estimated on an aggregate level as a single commodity. However, as recent history shows us, the demand for wine not only varies considerably by varietal, but also by price point within each varietal. As a result, although estimates of the demand for wine may be beneficial to the wine industry as a whole, they provide little benefit to individual wine producers. This paper seeks to overcome the limitations of prior research on the demand for wine by providing estimates for the demand for wine by varietal and price point. We also provide estimates of own price effects, income effects as well as cross price effects by color, varietal and price point. Problems of endogeneity inherent in demand estimation are corrected by...
Tipo: Working or Discussion Paper Palavras-chave: Pooled Cross Section Time Series Data; Instrumental Variable Regression; Wine Demand; Demand and Price Analysis; Research Methods/ Statistical Methods.
Ano: 2008 URL: http://purl.umn.edu/44085
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DEMAND OVERVIEW FOR ORGANIC PRODUCE AgEcon
Phillips, Jon C.; Peterson, H. Christopher.
The market for organic food has been growing 20% per year for the past nine years. Fruits and vegetables are a large part of the organic market, accounting for more than $670 million in retail sales annually. This presents an opportunity for entry of new agricultural producers, and the expansion of existing organic growers. Similarly to other businesses, organic producers will succeed by providing customer value. The best opportunity for organic growers to achieve this is to focus on increasing the perceived benefits of the product. Examples of benefits for organic growers to focus on are: favorable environmental impacts, positive health benefits, and positive effects on the local economy. Since the market for organic fruits and vegetables is currently...
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis.
Ano: 2001 URL: http://purl.umn.edu/11778
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Will Fat Taxes Cause Americans to Become Fatter? Some Evidence from US Meats AgEcon
Clark, J. Stephen; Levedahl, J. William.
Price and income elasticities of fat from meats are estimated by decomposing composite demand for meat into the produ ct of total calories, the fraction of calories eat as fat, and a residual measure of quality. This demand-characteristic system provides estimates of the impact of prices and income on the fraction of calories eaten as fat as well as their affect on the total consumption of fat. Empirical estimates of the comp ensated own-price elasticities of meats suggest that a fat tax designed to raise revenues to finance nutritional education efforts may increase the total consumption of fat.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/25710
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FORECASTING CATTLE PRICES IN THE PRESENCE OF STRUCTURAL CHANGE AgEcon
Goodwin, Barry K..
Recent empirical research and development in the cattle industry suggest several reasons to suspect structural change in economic relationships determining cattle prices. Standard forecasting models may ignore structural change and may produce biased and misleading forecasts. Vector autoregressive (VAR) models that allow parameters to vary with time are used to forecast quarterly cattle prices. The VAR procedures are flexible in that they allow the identification of structural change that begins at an a priori unknown point and occurs gradually. The results indicate that the lowest RMSE for out-of-sample forecasts of cattle prices is obtained using a gradually switching VAR model. However, differences between the gradually switching VAR model and a...
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1992 URL: http://purl.umn.edu/29632
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Promotional Food Retail Sales: Frequency Versus Depth AgEcon
Loy, Jens-Peter; Hansen, Kristin.
Temporary price reductions (sales) as a means of promotional measures have become an increasingly important tool in the marketing mix of German food retailers. Various models have been proposed to explain the rationales behind such pricing strategies. Recently these models have been extended by Richards (2006) to capture the multiproduct nature of retail business. In this paper German retail food scanner data over two years are used to estimate a three step procedure to explain breadth and depth of sales, and their impact on category revenues.
Tipo: Conference Paper or Presentation Palavras-chave: Food Retail Sales; Northern Germany; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2007 URL: http://purl.umn.edu/9785
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INTERREGIONAL PRICE FLEXIBILITIES: AN APPLICATION TO THE FED BEEF INDUSTRY AgEcon
Kalantar, Jamal; Gum, Russell L.; Menzie, Elmer L..
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1975 URL: http://purl.umn.edu/29518
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Report on Long Term Challenges and Opportunities for Future Competitiveness and Prosperity of the Agriculture and Agri-Food Industry - Chapter 2: Structure and Performance of the Canadian Food Processing Industry AgEcon
This report is the second chapter of the final report prepared by the Federal/Provincial/Territorial (FPT) Working Group (WG) on Economic Analysis at the request of FPT Assistant Deputy Ministers (ADMs), in a joint FPT effort to study the challenges and opportunities facing the agriculture and agri-food sector. The report is a compilation of data and information that presents a snapshot of the Canadian Food Processing Industry in relation to the structure, performance, productivity growth, innovation, challenges and opportunities. It finalizes the analysis of the FPT WG by expanding and updating the information that was previously published in a Progress report on AAFC Online in February, 2006.
Tipo: Report Palavras-chave: Food processing; Structural change; Consolidation; Performance; Competitiveness; Productivity growth; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Consumer/Household Economics; Crop Production/Industries; Demand and Price Analysis; Environmental Economics and Policy; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Industrial Organization; International Relations/Trade; Labor and Human Capital; Land Economics/Use; Marketing; Production Economics; Productivity Analysis; Public Economics; Research and Development/Tech Change/Emerging Technologies; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/52706
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