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Registros recuperados: 39
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A Supermarket-Level Analysis of Demand for Breakfast Cereals: A Random Coefficients Approach AgEcon
Chidmi, Benaissa; Lopez, Rigoberto A.; Cotterill, Ronald W..
This paper applies the BLP approach to the demand for ready-to-eat cereals (RTECs) at the supermarket-chain level in Boston using IRI monthly data. The Random Coefficient Model is used to estimate the demand for 37 brands of RTECs at the leading supermarkets in the Boston area. The empirical results provide a wealth of consumer behavior information, including own- and cross-price elasticites for 37 brands of RTECs at four leading supermarkets in Boston. The demand for RTECs is generally price elastic (ranging between -3 and -8). Consumers respond positively and strongly to promotion, negatively and strongly to price, calories and fiber, and weakly to sugar content. Income has a strong interactive effect with product characteristics and thus is a useful...
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/19236
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AJAE Appendix: Brand-Supermarket Demand for Breakfast Cereals and Retail Competition AgEcon
Chidmi, Benaissa; Lopez, Rigoberto A..
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, May 2007, Volume 89, Issue 2.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 2007 URL: http://purl.umn.edu/7413
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AMENITY BENEFITS AND PUBLIC POLICY: AN APPLICATION TO THE CONNECTICUT DAIRY SECTOR AgEcon
Lopez, Rigoberto A.; Altobello, Marilyn A.; Shah, Farhed A..
This article develops a conceptual framework for analyzing the role of state-level policies towards the dairy sector in the presence of farmland amenity benefits, and applies it to Connecticut. Milk supply, demand and amenity benefit functions are estimated, and three exogenously determined milk prices are considered. The empirical findings show, under each price scenario, the extent to which land is underallocated to the dairy sector if amenity benefits are ignored. Analysis of policy options reveals that a partial production cost subsidy represents the least-cost alternative for attaining the socially optimal solution for the region.
Tipo: Journal Article Palavras-chave: Amenity benefits; Policy; Dairy; Land use; Land Economics/Use; Livestock Production/Industries.
Ano: 1994 URL: http://purl.umn.edu/15176
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Are you are what you eat? Overweight Status and Soft Drink Choices AgEcon
Huang, Rui; Lopez, Rigoberto A..
The rising obesity during the past three decades poses a severe public health challenge and spurred enormous research interests. This paper contributes to the growing literature on how obesity spreads by empirically investigating whether social norms affect soft drink consumption choices. Combining market level soft drink scanner data and survey data with consumer level characteristics, we employ reduced form regressions to test whether social norms of body weight affects per capita consumption of total or caloric soft drink consumption, on a market level. We also utilize a random-coefficient logit model to examine whether social norms of body weight affect consumer choices on a brand level. Our results from the market level analyses support that a heavier...
Tipo: Conference Paper or Presentation Palavras-chave: Social norm; Body weight; Food choices; Agribusiness; Agricultural and Food Policy; Health Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/49480
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Campaign Contributions and Agricultural Subsidies AgEcon
Lopez, Rigoberto A..
This article examines the influence of campaign contributions on agricultural subsidies. Empirical results revealed that rent seeking works, i.e., campaign contributions of agricultural-related industries influence agricultural subsidies in the manner they best serve contributors' economic interests. Eliminating campaign contributions would significantly decrease agricultural subsidies, hurt farm groups, benefit consumers and taxpayers, and increase social welfare by approximately $5.5 billion. Although contributions are not the only determinants of agricultural subsidies, investment returns to farm PAC contributors are quite high ($1 in contributions brings about $2,000 in policy transfers). In fact, the results are in sharp contrast to the "truthful...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Political Economy.
Ano: 2001 URL: http://purl.umn.edu/25223
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CHANGES IN THE U.S. DEMAND FOR SUGAR AND IMPLICATIONS FOR IMPORT POLICIES AgEcon
Lopez, Rigoberto A.; Sepulveda, Jorge L..
The thrust of this paper is to identify and measure structural changes in the U.S. demand for sugar and to derive subsequent implications for import restriction policies. Empirical results indicate that changes in consumer preferences and the availability of closer and cheaper sweeteners in food processing, especially high fructose corn syrup (HFCS), are exerting a downward pressure on sugar demand. As the U.S. demand for sugar decreases and the food industry adjusts faster to sweetener choices, the U.S. government would have to impose more restrictive import barriers to maintain prices to domestic sugar and HFCS producers. Furthermore, the welfare impact of U.S. sugar policy options on domestic consumers and food processors will be lessened.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 1985 URL: http://purl.umn.edu/28960
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Competition Effects of Supermarket Services AgEcon
Bonanno, Alessandro; Lopez, Rigoberto A..
This paper investigates the effect of in-store services on retail food prices, supermarket competition, and demand using fluid milk as a case study. It is shown that higher-service supermarkets charge higher milk prices essentially because of an increase in market power due to differentiation of service offering. Results show that different types of services impact milk prices differently, that upscale food-retailers face stronger competition in newer services, and that service competition results in a trade-off for the consumer between the attractiveness of the enhanced retail configuration and the increase in prices.
Tipo: Conference Paper or Presentation Palavras-chave: Retailing; Pricing; Milk; Supermarkets; Agribusiness; L81; D40; L66.
Ano: 2007 URL: http://purl.umn.edu/9833
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CONSTRAINTS AND OPPORTUNITIES IN VEGETABLE TRADE AgEcon
Lopez, Rigoberto A.; Pagoulatos, Emilio; Polopolus, Leo C..
The objective of this article is to provide an overview on constraints and opportunities for increased vegetable trade in the Americas. The realization of this potential will likely be constrained by the extent of the market, immigration reform in the United States, lack of investment capital in Latin America, high transportation costs of fresh produce, and quality and health concerns of consumers. Opportunities are more apparent in selected world areas (Asia, European Community, United States, and Canada), for high quality, fresh rather than processed vegetables with safe or zero levels of pesticide and chemical residues, especially due to consumers' concern for a healthier diet. Whether or not the potential for expanding vegetable trade will be realized...
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1989 URL: http://purl.umn.edu/26686
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ECONOMIC SURPLUSES IN THE U.S. SUGAR MARKET AgEcon
Lopez, Rigoberto A..
The objective of this article is to estimate historical economic surpluses for the subsectors involved in the U.S. sugar market. Annual producer and consumer surpluses were computed based on a five-equation model and 1958-87 data. In the last decade, the welfare position of cane- and beet-sugar producers has been roughly maintained, the domestic consumer surplus and the export quasi-rents to foreign countries have both declined, and quasi-rents of the corn-sweetener industry now surpass those that accrue to the cane industry and are about the same as those of the beet-sugar industry. Some policy implications are discussed.
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 1990 URL: http://purl.umn.edu/28970
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Evaluating a New Payment System for a Processing Cooperative AgEcon
Lopez, Rigoberto A.; Spreen, Thomas H..
This paper examines the potential benefits of introducing a new payment scheme in a sugarcane processing cooperative. Findings suggest that a use-value payment system would increase individual and total members’ net returns significantly over a sugar-based system. The proposed payment system would change the incentive structure so varieties with higher processing quality would become more appealing. In addition, the cooperative plant would be used more uniformly throughout the processing season and payments to members would be more consistent with their contribution to cooperative surplus.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1987 URL: http://purl.umn.edu/46200
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Food Protection for Sale AgEcon
Lopez, Rigoberto A.; Matschke, Xenia.
This article tests the Protection for Sale (PFS) model using detailed data from U.S. food processing industries from 1978 to 1992 under alternative import demand specifications. All empirical results support the PFS model predictions and previous empirical work qualitatively. Although welfare weights are very sensitive to import demand specification, a surprising result is that we obtain weights between 2.6 and 3.6 for domestic welfare using import slopes or elasticities derived from domestic demand and supply functions. In contrast, results based on import slopes or elasticities from directly specified import demands (including the Armington model) yield the usual, unrealistically large estimates for the domestic welfare weight. We contend that the latter...
Tipo: Working or Discussion Paper Palavras-chave: Trade protection; Tariffs; Lobbying; Political economy; Food manufacturing; Agricultural and Food Policy; Political Economy; F13; F1; L66; C12.
Ano: 2005 URL: http://purl.umn.edu/25195
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Home Bias in U.S. Beer Consumption AgEcon
Lopez, Rigoberto A.; Matschke, Xenia.
We apply the Berry, Levinsohn and Pakes (1995) market equilibrium model (BLP) to data from 30 brands of beers sold in 12 U.S. cities over 20 quarters (1988-92) to estimate the consumers’ taste for beer characteristics (price, alcohol content, and calories) as well as for the cultural region of origin (USA, Anglo-European, Germanic, and countries bordering the U.S.). Consumer heterogeneity is allowed with respect to age, income and gender. Overall we end up with 7,200 beer brand observations (30x12x20) and 13,920 (58 random draws x 12 x 20) consumer observations. Empirical results indicate that indeed there is home bias with respect to European beers and somewhat less so with respect to beers from bordering countries (Mexico and Canada). Home bias is more...
Tipo: Conference Paper or Presentation Palavras-chave: Home bias; Beer; Country of origin; Demand; Differentiated products; Food Consumption/Nutrition/Food Safety.
Ano: 2007 URL: http://purl.umn.edu/7883
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Imperfect Competition and Total Factor Productivity Growth in U.S. Food Processing AgEcon
Azzam, Azzeddine M.; Lopez, Elena; Lopez, Rigoberto A..
This article examines the role of imperfect competition in determining total factor productivity growth (TFPG) by bringing together a New Empirical Industrial Organization (NEIO) model and the TFPG model of Nadiri and Mamuneas (1998). Applying the integrated model to 1973-92 data from 29 food processing industries revealed that changes in markups, economies of scale, and demand growth contributed positively to TFPG while the disembodied technical change was a negative contributor. Furthermore, the TFPG estimates are starkly different from the conventional (Solow's residual) TFPG measures, underscoring the need to account for imperfect competition, returns to scale, and demand in analyses of this type.
Tipo: Working or Discussion Paper Palavras-chave: Productivity growth; Imperfect competition; Scale economies; Food processing; Agribusiness; Industrial Organization; Productivity Analysis.
Ano: 2002 URL: http://purl.umn.edu/25147
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Is Protection for Sale in U.S. Food Industries? AgEcon
Lopez, Rigoberto A.; Hathie, Ibrahima.
This article tests the Grossman-Helpman Protection for Sale model using panel data from U.S. food processing industries with endogenous protection, imports, and political organization of industries. The results support the key predictions of the model: organized industries are granted higher protection that decreases with import penetration and the price elasticity of imports, but in unorganized industries protection increases with import penetration. In spite of substantial differences in data sets and empirical procedures, the estimated weight on aggregate welfare is strikingly similar those found by Goldberg and Maggi (1999) and Gawande and Bandopadhyay (2000), implying that protection is not for sale in these industries. Furthermore, the presence of...
Tipo: Working or Discussion Paper Palavras-chave: Trade protection; Tariffs; Lobbying; Political economy; Food manufacturing; Agribusiness; Agricultural and Food Policy; International Relations/Trade; Political Economy.
Ano: 2002 URL: http://purl.umn.edu/25182
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Is Wal-Mart a Monopsony? Evidence from Local Labor Markets AgEcon
Bonanno, Alessandro; Lopez, Rigoberto A..
This paper measures the degree of monopsony power exerted by Wal-Mart over retail workers using a dominant-firm model and data in the 48 contiguous U.S. states for counties where the company operates, presenting for the first time a measure of the company’s anticompetitive behavior. Empirical results show that Wal-Mart’s monopsony power over workers varies significantly across the country, being higher in non-metro and rural counties, particularly in the south. For instance, Wal-Mart’s buying power index in labor markets in rural southern and central states is estimated to be 5% or higher while the impact on northeastern states’ retail wages is negligible.
Tipo: Conference Paper or Presentation Palavras-chave: Wal-Mart; Monopsony power; Wages; Labor; Retailing; Community/Rural/Urban Development; Industrial Organization; Labor and Human Capital; Research Methods/ Statistical Methods; J42; L13; L81.
Ano: 2009 URL: http://purl.umn.edu/51289
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Market Power and/or Efficiency: An Application to U.S. Food Processing AgEcon
Lopez, Rigoberto A.; Azzam, Azzeddine M.; Liron-Espana, Carmen.
This article separates oligopoly-power and cost-efficiency effects of changes in industrial concentration and assesses their impact on output prices in 32 food-processing industries. Empirical results indicate that although concentration induces cost efficiency in one-third of the industries, oligopoly-power effects either dominate cost efficiency or reinforce inefficiency, resulting in higher output prices in most industries. The article also provides fresh econometric estimates of oligopoly power and economies of size for the industries in question.
Tipo: Working or Discussion Paper Palavras-chave: Industrial concentration; Economies of scale; Industrial organization; Oligopoly power; Food processing; Agribusiness; Industrial Organization; Productivity Analysis; L00; L11; L13; L66.
Ano: 2001 URL: http://purl.umn.edu/25160
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MARKET-BASED LAND REFORM AND FARM EFFICIENCY IN COLOMBIA: A DEA APPROACH AgEcon
Gonzalez, Maria A.; Lopez, Rigoberto A..
This paper uses Data Envelopment Analysis to measure scale and technical efficiencies of 925 farms in rural Colombia and a Tobit model to identify the effects of land market characteristics on efficiency. Findings indicate that although larger farms are more scale efficient, they are not more technical efficient than small farms. Participation in land markets increases technical efficiency, indicating a positive potential role for market-based land reform. Further results show that intensity of violence in rural areas results in increased scale efficiency, allegedly through consolidation of land ownership.
Tipo: Conference Paper or Presentation Palavras-chave: Industrial Organization; Productivity Analysis.
Ano: 2003 URL: http://purl.umn.edu/22202
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OPTIMAL TRANSBOUNDARY WATER DIVERSION: THE CASE OF THE SENEGAL RIVER AgEcon
Hathie, Ibrahima; Lopez, Rigoberto A..
This paper ascertains the costs and benefits of diverting water from the Senegal River. Two scenarios are compared to the status quo of inaction: the social planner and the competitive scenarios. Although these two scenarios yield positive present values of net benefits, the social planner scenario would use smaller quantities of water while providing the highest net benefits to society. Given that the benefits are one-sided while the costs are spread over several constituencies that share the river, it is possible for the gainers to compensate the losers, especially the farmers of flood recession agriculture identified as the main deprived group.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2002 URL: http://purl.umn.edu/19586
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Political Economy of the United States Sugar Policies AgEcon
Lopez, Rigoberto A..
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Crop Production/Industries.
Ano: 1988 URL: http://purl.umn.edu/115808
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Political Violence and Farm Household Efficiency in Colombia AgEcon
Gonzalez, Maria A.; Lopez, Rigoberto A..
This paper estimates farm household levels of technical efficiency and their determinants in Colombia, with particular reference to political violence (i.e., guerilla fronts, assassinations, kidnappings, and displaced population). An input-oriented stochastic frontier is estimated simultaneously with a technical inefficiency model that incorporates violence at the local level, using survey data from 822 farm households. The findings show that household productivity is lower in areas of high political violence, particularly with high incidence of guerrilla fronts and kidnappings. Should political violence be eliminated, the average Farrell's technical efficiency index of farm households in the sample would increase by an average of 6.4%, favoring households...
Tipo: Conference Paper or Presentation Palavras-chave: Distance function; Farm efficiency; Colombia; Violencia; Consumer/Household Economics; Q74; O13; O54; D24.
Ano: 2005 URL: http://purl.umn.edu/19528
Registros recuperados: 39
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