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Registros recuperados: 19
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Virtual Investment Concepts and the Ethanol Industry AgEcon
Siebert, John W.; Hagerman, Amy D.; Park, John L..
The fast-growing US ethanol industry has historically been characterized by large downstream investments made by farmers. The authors assess the value which the stock market may hold for downstream investment by farmers as well as by ethanol manufacturers themselves. The model framework used herein expands on the original VEST framework developed by Siebert, Jones and Sporleder. A word of caution, the model herein is not intended to provide an on-going, risk-reducing business strategy. However, it can and does provide a quick method to calculate the reasonableness of a downstream investment request that a farmer (or any business person) might be challenged to consider. Although virtual stock market investments may certainly assist in value added...
Tipo: Journal Article Palavras-chave: Cooperatives; Corn; Equities; Ethanol; Value added; Resource /Energy Economics and Policy; Q10; Q32.
Ano: 2008 URL: http://purl.umn.edu/53737
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REVISITING ENGEL'S LAW: EXAMINING EXPENDITURE PATTERNS FOR FOOD AT HOME AND AWAY FROM HOME AgEcon
Holcomb, Rodney B.; Park, John L.; Capps, Oral, Jr..
Expenditure patterns were examined for food partitioned into food at home and away from home to test the veracity of Engel's law. The analysis employed several functional forms and a Heckman two-step methodology to account for censored-response bias. Engel's law was verified in every case.
Tipo: Journal Article Palavras-chave: Consumer/Household Economics.
Ano: 1995 URL: http://purl.umn.edu/27224
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Performance in the Base Food and Fiber System: A Cooperative Study in Texas AgEcon
Hagerman, Amy D.; Park, John L..
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 2006 URL: http://purl.umn.edu/8574
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NEW INSIGHTS INTO SUPERMARKET PROMOTIONS VIA SCANNER DATA ANALYSIS: THE CASE OF MILK AgEcon
Green, Geoffrey M.; Park, John L..
Supermarket companies expend significant resources and employ many promotional activities so as to convince consumers to shop their stores. This analysis investigates the promotional activities of a single retail food company to determine the price and promotion responsiveness of fluid milk products that differ by milkfat content. It utilizes weekly, store-level scanner data. Seasonality and advertising are significant determinants of retail sales of fluid milk. Own-price elasticities are negative, and cross-price elasticities are positive for all milk types and are significant and elastic in the case of 2% milk. Advertising effects are positive and statistically significant. The response to advertising is much more pronounced for reduced-fat milk types...
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1998 URL: http://purl.umn.edu/26836
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SUPERMARKET PRODUCT SELECTION UNCOVERED: MANUFACTURER PROMOTIONS AND THE CHANNEL INTERMEDIARY AgEcon
Park, John L..
In 1998, food and packaged goods manufacturers presented 17,977 new items for evaluation by channel intermediaries (grocery buyers, merchandisers, and category managers). This product selection process is recognized as a time and labor intensive effort on the part of manufacturers and their retail counterparts. Ultimately, only one-third of these new product introductions may be accepted for distribution. Thus, manufacturers may benefit from increased insight to the channel intermediary's criteria for deciding which products to stock in their retail stores. It is suggested that this decision may be influenced by the presence of certain promotional and cash offerings, and this issue is examined in a logistic regression.
Tipo: Journal Article Palavras-chave: Industrial Organization.
Ano: 2001 URL: http://purl.umn.edu/34461
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OFFERING FOOD DISTRIBUTION-RELATED COURSES IN AGRICULTURAL ECONOMICS CURRICULA: PERSPECTIVES FROM ACROSS THE U.S. AgEcon
Wysocki, Allen F.; Toensmeyer, Ulrich C.; Park, John L..
Tipo: Journal Article Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 2002 URL: http://purl.umn.edu/27645
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Business Models and Producer-Owned Ventures: Choices, Challenges, and Changes AgEcon
Kenkel, Philip L.; Park, John L..
Producer-owned business models are rapidly evolving. Producer-owned, value-added ventures face a number of organizational challenges, including capital acquisition, security exchange registration, antitrust exemption, borrowing eligibility, and operational flexibility. This paper examines the success of evolving producer-owned business models in addressing these challenges. The need for uniform criteria to distinguish producer-owned business from other business forms throughout the complex structure of policies and laws affecting value-added ventures is highlighted.
Tipo: Journal Article Palavras-chave: Cooperative; Value-added organizational form; Institutional and Behavioral Economics; Labor and Human Capital; Q13; Q14; Q18.
Ano: 2007 URL: http://purl.umn.edu/6529
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NEW DEVELOPMENTS IN GROCERY MANUFACTURER AND DISTRIBUTOR MARKETING PROGRAMS: A SURVEY OF U.S. WHOLESALERS AND RETAILERS AgEcon
Park, John L.; McLaughlin, Edward W..
The retail food industry has taken initiatives to improve cost and to return the focus of management to the consumer. Among these initiatives are Efficient Consumer Response (ECR) and category management. A mail questionnaire elicited perceptions on these issues from 95 executives among U.S. food wholesalers and retailers. This study found that ECR category management are being used to streamline costs and to remove logistical inefficiencies. Although it is widely recognized that category management provides a consumer focus, distributors seemingly brush aside tactics that target individual customers in favor of efforts that target logistical efficiency.
Tipo: Journal Article Palavras-chave: Agribusiness; Marketing.
Ano: 1998 URL: http://purl.umn.edu/26875
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A RETAIL EVALUATION OF PROMOTIONAL TACTICS IN THE FOOD INDUSTRY AgEcon
Park, John L.; German, Gene A..
In an effort to ease communication between packaged goods manufacturers and retailers, this study investigates food retailers'’ preferences concerning the various promotional programs used in their stores. Through the use of a mail survey, retail executives from supermarket companies shared their perceptions of 22 specific promotional programs regarding each program'’s use, effectiveness, and attractiveness for future support. According to retailers, clear and consistent promotional performers include targeted direct mail, shipper displays, in-store coupons, in-ad coupons, and in-store demos and sampling. It is noted, however, that the use and perceived effectiveness of these programs may not always seem consistent. For example, retailers felt that...
Tipo: Journal Article Palavras-chave: Marketing.
Ano: 2000 URL: http://purl.umn.edu/27757
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Revisiting Cheap Talk with New Evidence from a Field Experiment AgEcon
Silva, Andres; Nayga, Rodolfo M., Jr.; Campbell, Benjamin L.; Park, John L..
We assess the reduction of hypothetical bias in consumers’ willingness to pay (WTP) for products by applying a generic, short, and neutral cheap talk script in a retail setting. Using an open-ended elicitation mechanism with non-hypothetical, hypothetical, and hypothetical with cheap talk treatments, our results indicate that the hypothetical WTP values are higher than the nonhypothetical values, but the hypothetical with cheap talk values are not significantly different from non-hypothetical estimates.
Tipo: Journal Article Palavras-chave: BDM; Cheap talk; Field experiment; Hypothetical bias; Willingness-to-pay; Research Methods/ Statistical Methods.
Ano: 2011 URL: http://purl.umn.edu/117168
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On the Use of Valuation Mechanisms to Measure Consumers' Willingness to Pay for Novel Products: A Comparison of Hypothetical and Non-Hypothetical Values AgEcon
Silva, Andres; Nayga, Rodolfo M., Jr.; Campbell, Benjamin L.; Park, John L..
Willingness to pay (WTP) estimates for novel products are needed to assess consumers' valuation of these products as well as for product adoption and optimal pricing strategies. Using experiments in a retail setting, we compare hypothetical and non-hypothetical WTP values between a Becker-DeGroot-Marshak (BDM) auction mechanism and conjoint analysis. Our results suggest that the auction WTP values are higher than conjoint analysis WTP values. Moreover, the hypothetical WTP values are higher than the non-hypothetical WTP values in both elicitation mechanisms.
Tipo: Journal Article Palavras-chave: Conjoint analysis; Willingness-to-pay; Auction; Hypothetical; Non-hypothetical; Consumer/Household Economics; Institutional and Behavioral Economics.
Ano: 2007 URL: http://purl.umn.edu/8186
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Fruit and Vegetables Go Back to School AgEcon
Park, John L.; Campbell, Benjamin L.; Silva, Andres; Nayga, Rodolfo M., Jr..
Tipo: Journal Article Palavras-chave: Food Consumption/Nutrition/Food Safety; I38; Q18.
Ano: 2007 URL: http://purl.umn.edu/94490
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The Decision to Enter Consumer Direct Initiatives by Supermarket Companies AgEcon
Park, Kristen; Park, John L..
IN THE MID TO LATE 1980S, as computer networks grew and online services were developing, companies including supermarkets started to view home shopping as an exciting, new competitive venture. Now, food retailers are struggling with the possibility of providing a home shopping or consumer direct service for their customers. The decision for a supermarket company with traditional land-based stores to enter the online realm of marketing, however, represents a tremendous commitment. Through the use of a mail questionnaire, this report documents the factors and conditions that would motivate a supermarket company to engage in an e-commerce initiative. While questions evaluated retailer perceptions through the use of Likert scales, the survey also elicited...
Tipo: Working Paper Palavras-chave: Agribusiness.
Ano: 2000 URL: http://purl.umn.edu/122672
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Retail Logistics and Merchandising: Requirements in the Year 2000 AgEcon
McLaughlin, Edward W.; Perosio, Debra J.; Park, John L..
Tipo: Working Paper Palavras-chave: Industrial Organization.
Ano: 1997 URL: http://purl.umn.edu/122722
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Do the National School Lunch and School Breakfast Programs Improve Children’s Dietary Quality? AgEcon
Campbell, Benjamin L.; Nayga, Rodolfo M., Jr.; Silva, Andres; Park, John L..
Tipo: Conference Paper or Presentation Palavras-chave: Propensity score matching; National School Lunch Program; National School Breakfast Program; NHANES; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/49440
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RETAIL DEMAND FOR WHOLE VS. LOW-FAT MILK: NEW PERSPECTIVES ON LOSS LEADER PRICING AgEcon
Green, Geoffrey M.; Park, John L..
This analysis employed retail scanner data to investigate the demand for fluid mild differentiated by fat content. All own-price elasticities were significant and negative. Demand for low-fat milk was elastic, while demand for whole milk was inelastic. This article addresses the use of milk as a loss leader.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis; Research and Development/Tech Change/Emerging Technologies.
Ano: 1998 URL: http://purl.umn.edu/20827
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Theme Overview: Critical Issues for Agricultural Cooperatives AgEcon
Kenkel, Philip L.; Park, John L..
Tipo: Journal Article Palavras-chave: Cooperative; Finance; Strategy; Agribusiness; L10; L23; L16; Q13.
Ano: 2011 URL: http://purl.umn.edu/117408
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From Farm to School: An Alternative Market for Texas Citrus AgEcon
Campbell, Benjamin L.; Park, John L.; Silva, Andres; Nayga, Rodolfo M., Jr..
Tipo: Report Palavras-chave: Crop Production/Industries; Food Consumption/Nutrition/Food Safety.
Ano: 2008 URL: http://purl.umn.edu/55626
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Maintaining a Healthy Equity Structure: A Policy Change at Producers Cooperative Association AgEcon
Siebert, John W.; Park, John L..
www.ifama.org
Tipo: Journal Article Palavras-chave: Board of directors; Cooperative; Retains; Demand and Price Analysis; Marketing; Teaching/Communication/Extension/Profession.
Ano: 2010 URL: http://purl.umn.edu/93561
Registros recuperados: 19
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