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| Andersson, Hans; Hoffmann, Ruben. |
| Changes in EU agricultural policies towards an increased focus on rural development issues raise questions regarding the economic impact of local and regional spatial competition. Farmers are typically price takers in the traditional markets for the major agricultural products. This is, however, not necessarily the case for “new enterprises” active in local and regional markets. This paper examines local/regional spatial competition for farm tourism. A spatial econometrics framework is applied to a hedonic pricing model. It is shown that spatial dependence affects the pricing of both Self-catering and Bed & Breakfast. However, the results indicate that local/regional competition may have a positive effect on the former but a negative effect on the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm tourism; Spatial competition; Rural development; Community/Rural/Urban Development. |
| Ano: 2008 |
URL: http://purl.umn.edu/44417 |
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| Hoffmann, Ruben. |
| This paper examines how ownership structure affects quality choice and the subsequent equilibrium outcomes within a duopoly framework. Specifically, investor owned firms and cooperatives are analyzed in a closed market setting where these firms may coexist in the economy. The conditions under which ownership structure matters are identified. We conclude that ownership structure matters if the cost of quality at farm level is fixed or if there is a variable cost exhibiting non-constant returns to scale. Two farm level cost functions, a fixed cost function that is increasing and convex in quality, and a variable cost function that is increasing and convex in quantity are analyzed. The two processing firms play a two-stage game where each of the firms... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 2002 |
URL: http://purl.umn.edu/19869 |
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| Andersson, Hans; Hoffmann, Ruben. |
| Changes in EU agricultural policies towards additional focus on rural development issues raise questions regarding the economic impact of local/spatial competition. Traditionally, farmers have typically been price takers in markets for major agricultural products. This is, however, not necessarily true in the case of local markets for “new enterprises”. This article examines local/and spatial competition for farm tourism services, specifically “Self catering” in Sweden. The results show that spatial dependences exist and have to be considered in the econometric estimation of the hedonic pricing model. Using spatial econometrics it is shown that the price is affected by the average price, the demand for and supply of lodging in the regional market. Notable... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development. |
| Ano: 2008 |
URL: http://purl.umn.edu/6156 |
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| Boetel, Brenda L.; Hoffmann, Ruben; Liu, Donald J.. |
| As the U.S. hog production sector becomes ever more specialized, the importance of capital inputs has heightened. Given that it is costly to adjust the capital stock and that the associated adjustment cost function may exhibit cost asymmetries between investment and disinvestment, profit-maximizing producers may find themselves trapped in a situation where it is neither profitable investing nor worthwhile disinvesting. This article addresses two issues related to the employment of quasi-fixed input in the U.S. hog production sector: does an inaction or sluggish regime exist in the demand for quasi-fixed input, and, if so, to what extent has this impeded adjustment in quasi-fixed input stock and, hence, hog output supply toward the long-term equilibrium... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2004 |
URL: http://purl.umn.edu/13790 |
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