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| Knutson, Ronald D.; Richardson, James W.; Smith, Edward G.; Rister, M. Edward; Grant, Warren R.; Lippke, Lawrence A.; Israelsen, Craig L.. |
| The high levels of government payments to farmers resulting from the 1985 farm bill have once again led the Congress to examine the payment limit issue. Payment limits were initially established in 1970 and have since been revised several times. In this report, policy and farm management economists analyze the consequences of alternative payment limits on economic efficiency, economic viability of family-size farms, international competitiveness, and consumer food costs. Effective payment limits encourage reduced farm size and in the presence of economies of size, tend to increase production costs for program crops. The Agricultural and Food Policy Center is charged with evaluating economic impacts of policy alternatives -- not recommending, advocating, or... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural and Food Policy. |
| Ano: 2002 |
URL: http://purl.umn.edu/42717 |
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| Perry, Gregory M.; Rister, M. Edward; Richardson, James W.; Grant, Warren R.. |
| Whole farm simulation analysis and econometric techniques are employed in an analysis of crop rotations and tenure arrangement strategies. The FLIPSIM model is used to analyze a representative Texas Upper Gulf Coast rice and soybean farm. Probit analysis is then used to determine the impact of net cash farm income, land tenure, and crop rotation on probability of survival. Results suggest that, although the simulation model is useful in providing information on the effect at the farm level of following the different strategies, probit results provide greater understanding into the returns and risk inherent to each strategy. |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 1986 |
URL: http://purl.umn.edu/29779 |
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| Brorsen, B. Wade; Chavas, Jean-Paul; Grant, Warren R.. |
| A method was developed with time series models to test hypotheses about the relationship between market structure and spatial price dynamics. Long-run dynamic multipliers measuring the magnitude of lagged adjustments for spatial milled rice prices were calculated from the time series model and used as the dependent variable in a regression model that included a number of factors expected to influence price determination. Results show that price adjustments were slower as regional submarket concentration increased and were faster in the regions with a higher market share. Arkansas, the state with the largest market share, was consistently a price leader |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Industrial Organization. |
| Ano: 1991 |
URL: http://purl.umn.edu/30057 |
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| Brorsen, B. Wade; Grant, Warren R.; Rister, M. Edward. |
| Quality discounts and premiums for rough rice in Texas rice bid/acceptance markets are analyzed. The most important quality factors determining the value of rough rice are head yield and peck. A one percentage point reduction in peck damage raises the price received per hundredweight of rough rice by $.13 to $.68 across markets and years. Since peck damage can be reduced by controlling the rice stinkbug, evaluation of alternative methods for better control of this pest in Texas rice fields is needed. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1988 |
URL: http://purl.umn.edu/29707 |
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| Brorsen, B. Wade; Grant, Warren R.; Richardson, James W.; Schnake, L.D.. |
| The effects on marketing margins and Texas what producers of shifting from a period with stable prices to a period without stable prices were investigated using both econometric and simulation techniques. Empirical evidence reveals wheat export firms are risk averse and that either futures markets were unable to absorb increased price risk or futures markets absorbed increased price risk at a cost of $0.054 per bushel. Increased variability in prices and reduced farm program benefits substantially reduced the probability of Texas wheat producers receiving a reasonable return on equity and a reasonable rate of asset accumulation. |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Marketing. |
| Ano: 1984 |
URL: http://purl.umn.edu/32144 |
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