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A PRELIMINARY SURVEY OF USERS OF AGRICULTURAL ECONOMICS INFORMATION: PROCEDURES AND RESULTS AgEcon
Salin, Victoria; Thurow, Amy Purvis; Elmer, Nicole A..
This survey of 100 economic analysts in agriculture, outside of government and academia, assesses the changing public-private balance in information services in agriculture. Its objectives were to: (1)contact front-line private-sector analysts who handle economic issues in agriculture and ask them about the data and information they most value and why, (2) experiment with measurement instruments to segment and describe information attributes that users value; and (3) assess the interest of front-line analysts in the changing public- private balance in information provision. The results provide a list of information services used by analysts, descriptive responses on attributes that contribute to value-added, and statistical analysis relating respondent...
Tipo: Working or Discussion Paper Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 1997 URL: http://purl.umn.edu/23979
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AN EX ANTE ASSESSMENT OF INVESTMENTS IN TEXAS GRAPEFRUIT UNDER UNCERTAINTY AgEcon
Elmer, Nicole A.; Thurow, Amy Purvis; Johnson, Jason L.; Rosson, C. Parr, III.
The Dixit-Pindyck model was applied to examine the hypothesis that uncertainty associated with grapefruit production costs and returns is an important determinant of Texas grapefruit growers' investment behavior. Freezes, price variability, and the effects of expanded trade were analyzed as risk factors. An investment decision rule based on a net-present value calculation would approve a 25-year commitment to a 20-acre grapefruit grove, given a 6-percent discount rate. The modified hurdle rate, calculated using an ex ante version of the Dixit-Pindyck model, is 24 percent. The major source of the risk borne by Texas grapefruit investors is from freezes, rather than from expanded trade.
Tipo: Journal Article Palavras-chave: Citrus; Ex ante analysis; Dixit-Pindyck model; Freezes; Investment; Simulation; Texas; Trade; Crop Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/15451
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