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| Naanwaab, Cephas B.; Yeboah, Osei-Agyeman. |
| This paper examines the effects of the North American Free Trade Agreement on agricultural commodity trade using extensive data. The data cover agricultural exports and imports between the U.S. and NAFTA partners over the extended period of 1989-2010. The commodities covered in our analyses include; corn, soy bean, cotton, wheat, fresh vegetables, poultry, dairy products, and red meats. Since the signing of the agreement, U.S. total agricultural commodity trade with NAFTA members has increased three-fold from $18 billion in 1994 to $61 billion in 2010. A partial equilibrium model, in which we derive each trading partner's excess demand and excess supply, is used to study the impact of NAFTA on trade, controlling for other trade-inducing variables such... |
| Tipo: Presentation |
Palavras-chave: NAFTA; Agricultural commodities; Trade; Partial equilibrium analysis; Agribusiness; Agricultural and Food Policy; Crop Production/Industries; International Relations/Trade; Marketing. |
| Ano: 2012 |
URL: http://purl.umn.edu/119730 |
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| Yeboah, Osei-Agyeman; Goktepe, Ipek; Naanwaab, Cephas B.; Kyei, Foster Ofori. |
| The United States is remarkably safe, when it comes to food supply. Nevertheless, food can become contaminated with a variety of germs. According to reports by a food safety group of the Centers for Disease Control and Prevention, food-borne illness caused by bacteria such as E. coli and salmonella not only take a huge toll on American consumers’ health but they cost the United States an estimated $152 billion annually in health care and other losses. To curb this increasing phenomenon, there has been a reintroduction of bacteriophage in the treatment of bacteria on raw foods. This study utilized a survey questionnaire administered by telephone to consumers in four different states; Alabama, Georgia, North Carolina, and South Carolina. In this study, as... |
| Tipo: Presentation |
Palavras-chave: Willingness-to-pay; Bacteriophage; Fresh produce; Logit model; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Environmental Economics and Policy. |
| Ano: 2012 |
URL: http://purl.umn.edu/119733 |
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| Yeboah, Anthony K.; Naanwaab, Cephas B.; Yeboah, Osei-Agyeman; Owens, John Paul; Bynum, Jarvetta S.. |
| We assess the economic feasibility of a 10 MMGY biodiesel plant using a Monte Carlo Cash Flow model programmed in Excel using @Risk, a simulation and risk analysis software. The model incorporates stochastic components to capture uncertainty in the analysis. The stochastic components are mainly variables that may exhibit risk, such as input prices, output prices, and expected revenues, and these are assigned probability distributions in the model. The model is programmed with three output variables: stream of revenues, profits/loss, and the resulting net present value (NPV) over ten year forecast period. Results from the cash flow analysis show that average expected revenues from the sale of biodiesel and co-products will be $48.5 million and total... |
| Tipo: Presentation |
Palavras-chave: Economic feasibility; Biodiesel; Monte carlo simulations; Risk analysis; Sensitivity analysis.; Agribusiness; Production Economics; Resource /Energy Economics and Policy; Risk and Uncertainty. |
| Ano: 2012 |
URL: http://purl.umn.edu/119729 |
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