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Registros recuperados: 104
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Commodity Promotion Economics: A Symposium in Honor of Olan Forker's Retirement AgEcon
Ferrero, Jennifer L.; Kaiser, Harry M..
Tipo: Technical Report Palavras-chave: Marketing.
Ano: 1996 URL: http://purl.umn.edu/122821
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Do rBST-Free and Organic Milk Stigmatize Conventionally Produced Milk? AgEcon
Kanter, Christopher; Messer, Kent D.; Kaiser, Harry M..
Producers are continually seeking to differentiate their products in the marketplace. A common approach is via labeling where differences in production methods are marketed. Yet, positive labeling for the new product has the potential to stigmatize the conventionally produced product by highlighting perceived problems with the product. The net economic result can be negative to producers as the conventional product that dominates the market is stigmatized by the new product that has little market share, and this leads to consumers decreasing their willingness to pay for the conventional product. This experimental research identifies this stigma effect in the case of milk, where the presentation of rBST-Free milk reduces consumers' willingness to purchase...
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2008 URL: http://purl.umn.edu/43491
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Estimation of a Censored AIDS Model: A Simulated Amemiya-Tobin Approach AgEcon
Dong, Diansheng; Kaiser, Harry M..
Kuhn-Tucker approach and its dual have been proposed to the demand system estimation when there are non-negativity bindings. However, empirical researchers have been struggling two decades in applying this method into practice due to: (1) the difficulty in derivation of a coherent econometric model, and (2) the cumbersome evaluation of high order probability integrals needed in parameter estimation. In this paper, we avoid the above two issues by using the Amemiya-Tobin demand system approach and the simulation procedure to evaluate the probability integrals. An AIDS model is estimated and the elasticities are obtained that are impossible to achieve when using Kuhn-Tucker approach. The model is applied to an analysis of Canadian household food demand.
Tipo: Technical Report Palavras-chave: Amemiya-Tobin; Censored demand system; AIDS model; Probability simulation; Canadian household food demand; Demand and Price Analysis; Research Methods/ Statistical Methods; C34; D12.
Ano: 2003 URL: http://purl.umn.edu/122113
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EGG ADVERTISING, DIETARY CHOLESTEROL CONCERNS, AND U.S. CONSUMER DEMAND AgEcon
Schmit, Todd M.; Kaiser, Harry M..
A model of the domestic demand for eggs was estimated from quarterly data over the period 1987 through 1995, incorporating an index of consumer dietary cholesterol concerns and generic advertising efforts by the American Egg Board and the California Egg Commission. Empirical results indicated that most of the observed change in egg demand could be explained by dietary cholesterol concerns. Simulating the model in a constant elasticity supply framework demonstrated that advertising efforts over the past several years have resulted in net benefits to egg producers largely when considering inelastic supply responses. However, considering trade bias reduces these benefit-cost ratios substantially.
Tipo: Journal Article Palavras-chave: Consumer/Household Economics; Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/31510
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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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A Spatial Equilibrium Model for IDlperfectly CODlpetitive Milk Markets AgEcon
Kawaguchi, Tsunemasa; Suzuki, Nobuhiro; Kaiser, Harry M..
Traditional spatial equilibrium models have assumed that markets are either perfectly competitive or monopolistic. In this paper, a generalized spatial equilibrium model is developed which allows for any degree of market conduct from perfect competition to monopoly. The model incorporates a "dual structure" in which there are oligopolistic consignment sellers (producer marketing boards) and perfectly competitive producers receiving pooled returns. The usefulness of the model is demonstrated using Kyushu regional milk market data in Japan. Numerous spatial equilibrium solutions are generated for the Kyushu milk market assuming alternative sets of imperfectly competitive behavior with the "dual structure." It is demonstrated that actual interregional milk...
Tipo: Technical Report Palavras-chave: Livestock Production/Industries.
Ano: 1996 URL: http://purl.umn.edu/122832
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Estimation of Price Elasticities from Cross-Sectional Data AgEcon
Chung, Chanjin; Dong, Diansheng; Kaiser, Harry M.; Schmit, Todd M..
This study develops an empirical framework that can be used to estimate quality-adjusted price elasticities from cross-sectional data, which are theoretically consistent and comparable to elasticities from time-series data. The new approach shows the importance of properly adjusting for quality variation in demand analysis.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2001 URL: http://purl.umn.edu/20517
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Optimal Institutional Mechanisms for Funding Generic Advertising: An Experimental Analysis AgEcon
Messer, Kent D.; Schmit, Todd M.; Kaiser, Harry M..
Given the uncertain legal status of generic advertising programs for agricultural commodities, alternative voluntary funding institutions are investigated hat could provide a high level of benefits to producers. This experimental study simulates key economic and psychological factors that affect producer contributions to generic advertising. The results suggests that producer referendum play a critical role in increasing contributions and that producer surplus is maximized by a Provision Point Mechanism instituted by producer referendum with thresholds ranging from 68% to 90%, and expected funding from 47% to 77% of the time, depending on the level of advertising effectiveness.
Tipo: Technical Report Palavras-chave: Generic commodity advertising; Experimental economics; Producer referendum; Provision point mechanism; Marketing.
Ano: 2004 URL: http://purl.umn.edu/122106
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Modeling the U.S. Dairy Sector with Government Intervention AgEcon
Liu, Donald J.; Kaiser, Harry M.; Mount, Timothy D.; Forker, Olan D..
Tipo: Working Paper Palavras-chave: Agricultural and Food Policy; Livestock Production/Industries.
Ano: 1990 URL: http://purl.umn.edu/121543
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CHANGING STRUCTURE OF THE MINNESOTA DAIRY INDUSTRY AgEcon
Kaiser, Harry M.; Hammond, Jerome W..
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 1983 URL: http://purl.umn.edu/13043
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Identifying Consumer Characteristics Associated With Japanese Preferences Towards Milk Products by Yasuhito Watanabe Nobuhiro Suzuki and Harry M. AgEcon
Watanabe, Yasuhito; Suzuki, Nobuhiro; Kaiser, Harry M..
Tipo: Technical Report Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 1996 URL: http://purl.umn.edu/122988
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MODELING THE U.S. DAIRY SECTOR WITH GOVERNMENT INTERVENTION AgEcon
Liu, Donald J.; Kaiser, Harry M.; Mount, Timothy D.; Forker, Olan D..
An econometric framework for estimating a two-regime dairy structural system is presented. Failure to account for switching between regimes due to government price intervention raises the problem of selectivity bias. Further, since a structural system of equations is involved, the problem is not limited to the market associated with the intervention. Rather, bias from a single source can distort all equations in the system. The ramifications of not correcting for the bias in policy analyses are investigated.
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy; Industrial Organization.
Ano: 1991 URL: http://purl.umn.edu/32602
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Determinants of Temporal Variations in Advertising Effectiveness AgEcon
Chung, Chanjin; Kaiser, Harry M..
This article develops a varying-parameter advertising model which specifies advertising parameters as a function of variables representing advertising strategies and market environments to explain the varying nature of the advertising responses. Unlike prior models, this model allows researchers to examine the sources of change in advertising effectiveness over time. The model is applied to the New York City fluid milk market for the period from January 1986 through June 1995. Results indicate that advertising strategies and market environments play important roles in determining advertising effectiveness. Particularly, demographic factors were more important than economic factors. The results also suggest that when a market is in an unfavorable or...
Tipo: Working Paper Palavras-chave: Determinants; Generic advertising effectiveness; Milk; Time-varying parameters; Marketing.
Ano: 1998 URL: http://purl.umn.edu/122689
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Modeling the Household Purchasing Process Using a Panel Data Tobit Model AgEcon
Dong, Diansheng; Schmit, Todd M.; Kaiser, Harry M..
A panel data Tobit model is developed to examine the household purchase process for a frequently purchased commodity. The proposed model accounts not only for censoring or sample selectivity, but also the temporal dependence of the purchasing process using household panel data. The flexible error structure in the model accounts for both state dependence and household heterogeneity. Empirical findings show that purchase habits of milk persist across households over time, and most of them come from the household heterogeneity in preferences. Results also show that advertising increases the purchase quantity and purchase frequency simultaneously.
Tipo: Technical Report Palavras-chave: Household purchase; Fluid milk; Advertising; Panel data; Tobit model; Probability simulation; Food Consumption/Nutrition/Food Safety.
Ano: 2003 URL: http://purl.umn.edu/122115
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Optimal Institutional Mechanisms for Funding Generic Advertising: An Experimental Analysis AgEcon
Messer, Kent D.; Schmit, Todd M.; Kaiser, Harry M..
Given the uncertain legal status of generic advertising programs for agricultural commodities, alternative voluntary funding institutions are investigated hat could provide a high level of benefits to producers. This experimental study simulates key economic and psychological factors that affect producer contributions to generic advertising. The results suggests that producer referendum play a critical role in increasing contributions and that producer surplus is maximized by a Provision Point Mechanism instituted by producer referendum with thresholds ranging from 68% to 90%, and expected funding from 47% to 77% of the time, depending on the level of advertising effectiveness.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2005 URL: http://purl.umn.edu/19130
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EVALUATING U.S. GENERIC MILK ADVERTISING EFFECTIVENESS USING AN IMPERFECT COMPETITION MODEL AgEcon
Suzuki, Nobuhiro; Kaiser, Harry M.; Lenz, John E.; Forker, Olan D..
An analytical model to evaluate the effectiveness of u.s. generic milk advertising which incorporates the degree of market competition is presented. Unlike traditional perfect competition models, the imperfect competition model allows for simultaneous movement of both price and quantity with an endogenous fluid (Class I) price differential. The simulation results of the imperfect competition model are compared with the conventional exogenous fluid price differential model. It is shown that the conventional fixed fluid price differential model may under-state the effectiveness of U.s. generic milk advertising in terms of returns to producers.
Tipo: Technical Report Palavras-chave: Generic milk advertising; Imperfect competition; Fluid differential; Livestock Production/Industries; Marketing.
Ano: 1993 URL: http://purl.umn.edu/123015
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Impact of National Generic Dairy Advertising on Dairy Markets, 1984-96 AgEcon
Kaiser, Harry M..
Tipo: Technical Report Palavras-chave: Livestock Production/Industries.
Ano: 1997 URL: http://purl.umn.edu/122805
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Impact of Generic Milk Advertising on New York State Markets AgEcon
Kaiser, Harry M.; Chung, Chanjin.
Tipo: Working Paper Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 1999 URL: http://purl.umn.edu/122677
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EDUCATIONAL FINANCE IN MINNESOTA: AN EXAMINATION OF THE FOUNDATION AID PROGRAM AgEcon
Kaiser, Harry M..
Tipo: Working or Discussion Paper Palavras-chave: Public Economics.
Ano: 1980 URL: http://purl.umn.edu/13603
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An Analysis of Alternatives to the Dairy Price Support Program AgEcon
Kaiser, Harry M..
The U.S. dairy industry has operated under a price support program since 1949. Between 1949 and 1980, the dairy price support program generally operated without incurring large government costs and was an effective price stabilizer. However, since 1980, the dairy industry has experienced chronic excess production relative to consumption and consequently government purchases under the price support program have been excessively large (particularly in the mid-1980s). The tremendous increase in government costs of the dairy price support program and a growing dissatisfaction with the program by farmers has prompted proposals to modify or replace this program. This paper examines the potential market impacts of five different dairy policy scenarios. The five...
Tipo: Technical Report Palavras-chave: Agricultural and Food Policy; Livestock Production/Industries.
Ano: 1993 URL: http://purl.umn.edu/123016
Registros recuperados: 104
Primeira ... 123456 ... Última
 

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