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| Wilson, Wesley W.; Griffin, Gene C.; Casavant, Kenneth L.. |
| Truck transportation has become very important to the North Dakota grain industry. Identification of the costs and characteristics of exempt motor carriers allowed evaluation of the performance of the industry. Average mileage per vehicle was about 88,000 per year. Firms larger than four trucks achieved higher annual mileage as well as larger percent of return trip that was loaded (59 percent compared to 25 percent for the smaller firms). Seventy-eight of the firms had been in business five years or more. Costs per operating mile appeared to be about 92 cents for the industry. Larger firms had a four cent per mile advantage over smaller firms. Three conclusions were: The industry has become more mature and stable in the past five years after experiencing a... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness; Crop Production/Industries. |
| Ano: 1982 |
URL: http://purl.umn.edu/23133 |
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| Wilson, Wesley W.; Wilson, William W.. |
| This paper describes the important changes that occurred in the U.S. grain handling and transportation system in the period following deregulation in 1980. This system has evolved and will continue to do so in response to technological and institutional changes, competitive pressures, and a changed regulatory regime. The effect has been to induce investments throughout the system ultimately to improve the efficiency. Some of the important rail innovations include the use of rate discounts to induce more efficient movements from origins first, and more recently at destinations. In addition, each railroad has adopted car allocation systems comprising several mechanisms, giving shippers logistical choices which have also facilitated more efficient... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Transportation; Grain; Logistics; Public Economics. |
| Ano: 1998 |
URL: http://purl.umn.edu/23090 |
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| Wilson, Wesley W.; Casavant, Kenneth L.. |
| The shipping Act of 1984 represents a new attempt to balance the benefits of a conference (cartel) system against its costs. This legislation may have increased conference market power by streamlining the regulatory process and expanding antitrust immunity. Alternatively, the legislation may have decreased conference market power by providing for the Mandatory Right to Independent Action and Service Contracts. We develop and estimate an econometric model and find that any increased market power is offset by competitive provisions when those competitive provision apply. However, when those provisions do not apply, the Act may increase market power. |
| Tipo: Journal Article |
Palavras-chave: Industrial Organization. |
| Ano: 1991 |
URL: http://purl.umn.edu/32596 |
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| Wilson, William W.; Wilson, Wesley W.; Dahl, Bruce L.. |
| Wheat protein is one of the most important specifications used in domestic and import purchase contracts. It is used as a proxy for functional quality that is important in domestic markets and to importers. Large differences exist in functional characteristics amongst wheat that vary by protein level and class. The purpose of this paper is to analyze the demand for wheat protein across importing countries and through time. A choice based econometric model is specified and estimated using a pooled data set of wheat shipments. Results indicate that there have been shifts over time, purchase probabilities are highly price elastic and vary across importing regions. In addition, income, traded goods, urbanization, females in the work force, and domestic... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Wheat Quality; Protein; Hard Red Spring; Hard Red Winter; Market Segments; Crop Production/Industries. |
| Ano: 2005 |
URL: http://purl.umn.edu/23520 |
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| Wilson, William W.; Wilson, Wesley W.. |
| Auctions are common mechanisms for identifying prices and suppliers of commodities and are particularly important in agricultural marketing. Information asymmetries among bidders may be ameliorated over time through some form of learning. In this study, we incorporate prior decisions to participate, information from previous auctions, and firm-specific attributes to explain both the decision to bid and the level of the bid. Our analysis uses data from Egyptian oilseed tenders, an important market both for oilseeds and tendering. Because of the unbalanced nature of the panel data, we are able to evaluate the effects of signals received from previous tenders. We find that firms learn from previous auctions and can gain an informational advantage through... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Auction; Bidding; Tenders; Optimal bids; Learning; Marketing. |
| Ano: 2002 |
URL: http://purl.umn.edu/23647 |
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