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Registros recuperados: 39
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Heterogeneous Production Efficiency of Specialized Swine Producers AgEcon
Tonsor, Glynn T.; Featherstone, Allen M..
This research evaluates the efficiency of swine firms differing by specialization type and employed technologies. Measures of technical, allocative, scale, economic, and overall efficiency are separately and jointly estimated for farrow-to-finish, farrow-to-feeder, feeder-to-finish, farrow-to-weanling, weanling-to-feeder, and mixed operations. Findings confirm appreciable differences in efficiency and causes of efficiency. Results suggest that overall efficiency of farrow-to-finish and farrow-to-weanling operations is on average lower than farrow-to-feeder, feeder-to-finish, and weanling-to-feeder operations. In addition, Tobit models examining how demographic factors, farm type, and input expenses influence efficiency indicate additional variation across...
Tipo: Conference Paper or Presentation Palavras-chave: Efficiency; Heteroskedastic Tobit; Firm specialization; Future anticipation; Producer heterogeneity; Production technology; Returns to scale; Swine; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/35379
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Verifying Credence Attributes in Livestock Production AgEcon
Olynk, Nicole J.; Tonsor, Glynn T.; Wolf, Christopher A..
Livestock producers can respond to increasing consumer demand for certain production process attributes by providing verifiable information on the practices used. Consumer willingness to pay data were used to inform producer decision-making regarding selection of verification entities for four key production process attributes in the production of pork chops and milk. The potential for informing farm-level decision-making with information about consumer demand for product and production process attributes exists beyond the two products assessed as example cases in this analysis.
Tipo: Journal Article Palavras-chave: Key Words: animal welfare; Certification; Credence attribute; Producer decision support; Response to consumer demand; Verification; Willingness to pay; Consumer/Household Economics; Demand and Price Analysis; Livestock Production/Industries; Production Economics; Q11; Q12; Q19.
Ano: 2010 URL: http://purl.umn.edu/92578
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Impact of Mandatory Price Reporting on Hog Market Integration AgEcon
Franken, Jason R.V.; Parcell, Joseph L.; Tonsor, Glynn T..
This research examines whether mandatory price reporting (MPR) impacted price relationships among U.S. hog markets. Markets are cointegrated before and after MPR enactment, but not fully integrated in either period. Terminal markets adjust to shocks in the Iowa-Southern Minnesota market more quickly and Iowa-Southern Minnesota prices adjust to shocks in terminal markets more slowly following MPR enactment. Granger causality tests indicate a causal flow from terminal markets to Iowa-Southern Minnesota prices before MPR and a causal reversal after MPR enactment. These results likely reflect decreases in volume of negotiated sales, particularly in terminal markets, and greater reliance on mandatorily reported prices for market information.
Tipo: Journal Article Palavras-chave: Cointegration; Hog markets; Mandatory price reporting; Market integration; Regime shift; Livestock Production/Industries; Marketing; Q13.
Ano: 2011 URL: http://purl.umn.edu/104624
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The Direct and Indirect Effects of ‘Locally Grown’ on Consumers’ Attitudes towards Agri-Food Products AgEcon
Dentoni, Domenico; Tonsor, Glynn T.; Calantone, Roger J.; Peterson, H. Christopher.
Recent agricultural economics literature has largely analyzed consumers’ willingness to pay (WTP) for many credence attributes, including place of origin, organic, locally grown, environment friendly, fair trade, and animal welfare. In this study, we instead attempt to analyze why consumers value “locally grown,” which is a credence attribute receiving increasing attention in the market. Specifically, we propose a distinction between the direct effect and the indirect effect of “locally grown” on consumers’ attitudes towards agri-food products to explain consumers’ preferences for locally grown products. We collect data from an experiment with university students and analyze the data with a structural equation modeling methodology.
Tipo: Journal Article Palavras-chave: Credence attributes; Locally grown; Inferences; Attitudes; Marketing.
Ano: 2009 URL: http://purl.umn.edu/59252
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Valuations of ‘Sustainably Produced’ Labels on Beef, Tomato, and Apple Products AgEcon
Tonsor, Glynn T.; Shupp, Robert S..
This study evaluates consumer perceptions of what “sustainably produced” food labels imply and estimates corresponding demand for products carrying these labels. Results suggest that the typical U.S. consumer is not willing to pay a positive premium for beef, tomatoes, or apple products labeled as “sustainably produced.” Demand is particularly sensitive to inferences consumers make regarding what a “sustainably produced” food label implies. Suggestions for future work and implications of standardizing the definition of sustainability are provided.
Tipo: Journal Article Palavras-chave: Consumer perceptions; Credence labeling; Production practices; Sustainable; U.S. consumer demand; Willingness to pay; Marketing.
Ano: 2009 URL: http://purl.umn.edu/59249
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Who Provides Information Matters: The Role of Source Credibility on US Consumers’ Beef Brand Choices AgEcon
Dentoni, Domenico; Tonsor, Glynn T.; Calantone, Roger J.; Peterson, H. Christopher.
Labels, certifications and endorsements signaling the quality of food have an impact on the purchasing choices of multiple segments of US consumers. At the same time, not much is known about the relationships between the sources providing information through these quality signals and consumer choices. In this paper, we explore 1) whether the credibility of an information source has an impact on US consumers’ beef brand choices; 2) which labels, certifications and endorsements are chosen by US consumers among a range of eight brands with pre-selected sources of information; 3) which consumer segments have different perceptions on information sources and beef brand choices. Data are collected through an on-line survey on a representative sample of 460 US...
Tipo: Conference Paper or Presentation Palavras-chave: Credibility; Consumer Choice; Beef; Food Brands; Structural Equation Modeling.; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2011 URL: http://purl.umn.edu/103657
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What do you think? Participant Survey Results: 2004 K-State Risk & Profit Conference AgEcon
Brant, Molly; Pendell, Dustin L.; Tonsor, Glynn T..
Tipo: Working or Discussion Paper Palavras-chave: Risk and Uncertainty.
Ano: 2004 URL: http://purl.umn.edu/117975
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Building Individual Brands with Place-of-Origin Information: Implications for the Food Industry AgEcon
Dentoni, Domenico; Tonsor, Glynn T.; Calantone, Roger J.; Peterson, H. Christopher.
Growing segments of world consumers seek better quality, healthiness and larger variety in their food consumption (Verbeke, 2005; IDDBA, 2008). As part of this process, consumers’ attention for place-of-origin (POO) attributes as part of the demand of agri-food products is increasing (Grunert, 2005). The major dimension of POO attributes that have been studied in agricultural economics and marketing literature since the 1960s is country-of-origin (Dichter, 1962; Schooler, 1965; Peterson and Jolibert, 1995; Verlegh and Steenkamp, 1999; Balabanis and Diamantopoulos, 2004; Loureiro and Umberger, 2005; Ehmke et al., 2008) while in the last decade region-of-origin attributes have been studied separately, in relation with consumers’ values for tradition and...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/58007
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Brand Information Mitigating Negative Shocks on Animal Welfare: Is It More Effective to “Distract” Consumers or Make Them Aware? AgEcon
Dentoni, Domenico; Tonsor, Glynn T.; Calantone, Roger J.; Peterson, H. Christopher.
To create and sustain a competitive advantage in markets that increasingly value animal welfare attributes, meat companies need to meet public and private production standards while communicating to final consumers through their brands. Data are collected from a representative sample of 460 U.S. residents through an on-line experiment on McDonald’s chicken breast sandwiches and analyzed with Latent Growth Modeling. This study assesses which content of positive brand information effectively mitigates the risk of negative information shocks on animal welfare. On average, brand information has the same positive impact on consumers’ beliefs and attitudes, regardless of whether it is related or unrelated to animal welfare. However, there is strong market...
Tipo: Journal Article Palavras-chave: Animal welfare; Brand; Information; Consumer behavior; Multivariate statistics; Agribusiness; Livestock Production/Industries; Q1.
Ano: 2010 URL: http://purl.umn.edu/96337
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Consumer Preferences for Animal Welfare Attributes: The Case of Gestation Crates AgEcon
Tonsor, Glynn T.; Olynk, Nicole J.; Wolf, Christopher A..
Animal welfare concerns are having dramatic impacts on food and livestock markets. Here we examine consumer preferences for pork products with a focus on use of gestation crates. We examine underlying consumer valuations of pork attributes while considering preference heterogeneity as well as voluntary and legislative alternatives in producing gestation crate-free pork. Our results suggest that prohibiting swine producers from using gestation crates fails to improve consumer welfare in the presence of a labeling scheme documenting voluntary disadoption of gestation crates. Consumers are found to implicitly associate animal welfare attributes with smaller farms. Preference heterogeneity drives notably diverse consumer welfare impacts when pork produced with...
Tipo: Journal Article Palavras-chave: Animal welfare; Consumer welfare; Economics of legislation; Gestation crates; Pork; Swine; Voluntary labeling; Willingness to pay; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Industrial Organization; Livestock Production/Industries; Q11; Q13; Q18.
Ano: 2009 URL: http://purl.umn.edu/56658
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Willingness-to-Pay for Calf Health Programs and Certification Agents AgEcon
Schumacher, Tucker; Schroeder, Ted C.; Tonsor, Glynn T..
Cattle feeders want feeder cattle that have been weaned and preconditioned with a certified health program. Preconditioned calves perform more efficiently in the feedlot with lower morbidity and mortality. Health program claims, however, range from no claim to being USDA-certified. The value of health protocol certification may vary with certifying entity. Results from a choice experiment and survey of cattle feeders indicate preconditioning programs that include weaning, vaccinating against respiratory and clostridial/blackleg, and treating for parasites are worth on average $7.28/cwt to feedlots. Furthermore, a health program certified by USDA carries an additional value of $2.37/cwt on average.
Tipo: Article Palavras-chave: Calf health programs; Calf preconditioning; Value of certification; Marketing; Q13; L15; D82.
Ano: 2012 URL: http://purl.umn.edu/123777
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LIVESTOCK BASIS FORECASTS: HOW BENEFICIAL IS THE INCLUSION OF CURRENT INFORMATION? AgEcon
Tonsor, Glynn T.; Dhuyvetter, Kevin C.; Mintert, James R..
Successful risk management strategies for agribusiness firms are contingent on the ability to accurately forecast basis. There has been substantial research on the actual use of basis forecasts, yet little research has been conducted on actually forecasting basis. This study evaluates the effect incorporating current basis information into a historical-average-based-forecast has on forecasting accuracy when forecasting live cattle and feeder cattle basis. Furthermore, the optimal weight to place on this current information is evaluated in an out-of-sample framework. Root mean squared errors are generated for both commodities and evaluated to determine the significance of these issues. Results suggest that livestock basis forecasters should consider...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock prices; Hedging; Basis forecasts; Current information; Livestock Production/Industries; Marketing.
Ano: 2003 URL: http://purl.umn.edu/36022
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Media Coverage of Animal Handling and Welfare: Influence on Meat Demand AgEcon
Tonsor, Glynn T.; Olynk, Nicole J.; Wolf, Christopher A..
Replaced with revised version of paper 7/21/09.
Tipo: Conference Paper or Presentation Palavras-chave: Animal welfare; Consumer demand; Meat quality; Media information; Rotterdam model; Source of information; Information indices; Agricultural and Food Policy; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/49338
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EUROPEAN CONSUMER PREFERENCES FOR U.S. AND DOMESTIC BEEF: WILLINGNESS TO PAY FOR SOURCE VERIFICATION, HORMONE-FREE, AND GENETICALLY MODIFIED ORGANISM-FREE BEEF AgEcon
Tonsor, Glynn T.; Schroeder, Ted C..
The European Union (EU) ban on the production and importation of meat derived from animals treated with growth-promoting hormones has spurred considerable debate. However, relatively little research has considered how EU consumers have been affected or how they feel about the ban. The purpose of this research is to determine beef product preferences of EU consumers and to elicit how much, if anything, these consumers are willing to pay for their preferred attributes. More specifically, this study uses a non-hypothetical choice experiment to evaluate how EU consumers value beef steaks from animals produced using growth hormones, fed genetically modified feeds, and from U.S. origin relative to their typical, domestically produced steaks. Results reveal...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2003 URL: http://purl.umn.edu/21974
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Drivers of Resident Support for Animal Care Oriented Ballot Initiatives AgEcon
Tonsor, Glynn T.; Wolf, Christopher A..
Recent high profile incidents and public debates in the United States have highlighted the increasing interest residents have regarding animal rearing and handling practices. This paper examines resident support for national legislation that mirrors Proposition 2, which in November 2008 passed in California. Results suggest perceptions regarding animal welfare information accuracy of livestock industry and consumer groups are particularly influential determinants of voting behavior and demand. The analysis also suggests residents may not fully appreciate price or tax implications when supporting additional animal welfare legislation. Implications for livestock industry and policy makers are provided along with suggestions for additional research.
Tipo: Journal Article Palavras-chave: Animal handling and welfare; Ballot initiatives; Information accuracy; Legislation; Proposition 2; Voting behavior; Willingness to pay; Agribusiness; Agricultural and Food Policy; Farm Management; Livestock Production/Industries; Q18; Q13; Q11.
Ano: 2010 URL: http://purl.umn.edu/92609
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“Animal Welfare” Practices along the Food Chain: How Does Negative and Positive Information Affect Consumers? AgEcon
Dentoni, Domenico; Tonsor, Glynn T.; Calantone, Roger J.; Peterson, H. Christopher.
Managing a global brand means developing its equity but also protecting it from global challenges (Shocker et al., 1994) and from the risk of negative shocks that may affect a brand (Okada and Rubstein, 1998), a multi-national company (Klein and Dawar, 2004) or a whole industry (Roehm and Tybout, 2006). Negative information shocks may arise because of sudden product-harm crises or scandals (Klein and Dawar, 2004; Roehm and Tybout, 2006), such as food-borne disease outbreaks or environmental violation practices. In these situations, providing positive brand information can mitigate the effect of negative information shocks on consumers’ brand evaluations and buying intentions (Smith and Vogt, 1995; Okada and Rubstein, 1998; Klein and Dawar, 2004; Roehm and...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/58008
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Valuation of New Products in the Face of Consumer Income Disparity AgEcon
Pofahl, Geoffrey M.; Richards, Timothy J.; Tonsor, Glynn T..
The objective of this research is to begin exploring the welfare effects of new food product introductions and to determine whether such effects vary depending on the income classification of the customer base to which the products are introduced. In other words, when new products are introduced to both high- and low-income markets, is there a significant difference in estimated welfare effects that can be attributed to differences in consumer-base income levels? In an application involving new bottled juice introductions, we do, in fact, find notable differences in welfare effects accruing to different income-class cohorts. Our results provide important evidence of the need for an even greater understanding of new product welfare effects and how these...
Tipo: Conference Paper or Presentation Palavras-chave: Compensating variation; Differentiated products; Distance metrics; New product valuation; Retailing; Consumer/Household Economics.
Ano: 2009 URL: http://purl.umn.edu/49571
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How Much Do Starting Values Really Matter? An Empirical Comparison of Genetic Algorithm and Traditional Approaches AgEcon
Tonsor, Glynn T.; Kastens, Terry L..
This research evaluates the impact of using different starting conditions in estimating meat demand systems. Results suggest that as the econometric task becomes increasingly nonlinear, specification of starting conditions becomes increasingly important. This work demonstrates implications of failing to use the best available starting value conditions and how these implications vary with the complexity of the underlying econometric model of interest. Furthermore, this piece proposes a universal approach to be used by all applied econometric practioners to developing appropriate starting values for use in subsequent model estimation.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2006 URL: http://purl.umn.edu/21252
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Producer Technology Use and the Value of Autonomy: The Case of rbST AgEcon
Olynk, Nicole J.; Wolf, Christopher A.; Tonsor, Glynn T..
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/61730
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CALENDAR VS. WEEKS TO EXPIRATION LIVESTOCK BASIS FORECASTS: WHICH IS BETTER? AgEcon
Tonsor, Glynn T.; Khuyvetter, Kevin C.; Mintert, James R..
The ability to accurately forecast basis is crucial to risk management strategies employed by many agribusiness firms. Previous research has examined how to effectively use basis forecasts and what factors affect basis, but literature focusing on forecasting basis is sparse. This research evaluates the impact of adopting a time-to-expiration approach, as compared to the more common calendar approach, when forecasting feeder cattle, live cattle, and hog basis. Furthermore, the optimal number of past year's basis levels to include in making basis predictions is evaluated in an out-of-sample framework. Absolute basis forecasts errors are generated for all three commodities and evaluated to determine the signifcance of the two issues mentioned above....
Tipo: Conference Paper or Presentation Palavras-chave: Livestock prices; Basis; Hedging; Basis forecasts; Livestock Production/Industries; Marketing.
Ano: 2003 URL: http://purl.umn.edu/18978
Registros recuperados: 39
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