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| Registros recuperados: 57 | |
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| Tauer, Loren W.; Boehlje, Michael. |
| This article discusses the application of a quadratic programming model to the bond and note participation decision of a Cooperative Farm Credit Bank. The model generates an efficient frontier of bond and note portfolios from which a bank can choose. The composition of these portfolios depends upon the expected cost and variance-covariance of cost for the bond and note activities, debt needs, and the debt policy constraints of a bank. The results indicate that the interest rate risk of various bond and note issues should be considered when making debt participation decisions. |
| Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
| Ano: 1981 |
URL: http://purl.umn.edu/32581 |
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| Tauer, Loren W.; Seleka, Tebogo B.. |
| Changes in individual states' agricultural production diversity and variance of cash receipts were measured over the 30-year period 1960 through 1989. Diversity was measured using a general index, of which the inverse Herfindahl and the Entropy are special cases. Cash receipt variability was measured using a heteroscedasticity correction process. Although 38 states experienced an increase in cash receipt variability, only 14 states also experienced a decrease in diversification. Thus, it appears that an increase in cash receipt variability was not due to reduction in diversification for most states. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Production Economics. |
| Ano: 1994 |
URL: http://purl.umn.edu/14764 |
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| Cho, Jaesung; Tauer, Loren W.; Schukken, Ynte H.; Smith, Rebecca L.; Lu, Zhao; Grohn, Yrjo T.. |
| Infectious diseases play a critical role in determining the profitability of individual farms and maintaining the viability of livestock industries, international trade, and trade policies. Thus, it is critical to analyze the economic consequences of infectious diseases, and the effects of producer strategies to control or eliminate diseases in a cost efficient approach. Also, important is the goal to rally support for the development of public disease control programs. This study examined the long-term feasibility and effectiveness of various producer strategies to prevent and control Johne’s disease in dairy herds, an infectious and incurable disease which has significant economic repercussions for the dairy industry. There are few previous studies... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Animal disease control; Dairy herd model; Johne's disease; Optimal control model; Paratuberculosis; Agribusiness; Farm Management; Livestock Production/Industries; Research and Development/Tech Change/Emerging Technologies. |
| Ano: 2010 |
URL: http://purl.umn.edu/61318 |
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| Katsumata, Kentaro; Tauer, Loren W.. |
| This paper empirically estimates cost functions for two milking technologies, stanchion and parlor, using farm level data from New York dairy farms for the years 1993 through 2002. A translog cost function was estimated along with input cost share equations for each milking technology by Iterative Seemingly Unrelated Regression. Any pair of inputs among feed, hired Labor, and cows had some degree of substitutability except for a pair of feed and hired labor evaluated by the Allen elasticity, and that of hired labor and feed evaluated by the Morishima elasticity. Additionally, economies of scale were found to exist over the entire range of output levels of the samples. The cost of stanchion technology was lower than that of parlor technology over the sample... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2008 |
URL: http://purl.umn.edu/6886 |
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| Katsumata, Kentaro; Tauer, Loren W.. |
| This paper empirically estimates cost functions for two milking technologies, stanchion and parlor, using farm level data from New York dairy farms for the years 1993 through 2002. A translog cost function was estimated along with input cost share equations for each milking technology by Iterative Seemingly Unrelated Regression. Any pair of inputs among feed, hired Labor, and cows had some degree of substitutability except for a pair of feed and hired labor evaluated by the Allen elasticity, and that of hired labor and feed evaluated by the Morishima elasticity. Additionally, economies of scale were found to exist over the entire range of output levels of the samples. The cost of stanchion technology was lower than that of parlor technology over the sample... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Milking Costs; Stanchion; Parlor; New York Dairy Farms; Farm Management; Financial Economics. |
| Ano: 2008 |
URL: http://purl.umn.edu/51129 |
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| Tauer, Loren W.. |
| Milk supply elasticities were estimated for 70 farms who participated in the New York Dairy Farm Business Summary Program from 1985 through 1993. Technology was modeled as a single output, single composite input Cobb-Douglas function. The resultant supply function is the natural log of milk quantity as a function of the log of milk price to prices paid for all inputs, with a time trend added. Since random output shocks to each farm may have occurred in any of the nine data years, a dummy year variable was modeled sequentially for each year for each farm. Ignoring 12 negative estimates, elasticities averaged .65. Pooling the data with a fixed effects model produced an elasticity estimate of .47. A geometric lag pooled model produced a short-run elasticity... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1998 |
URL: http://purl.umn.edu/14745 |
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| Registros recuperados: 57 | |
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