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| Registros recuperados: 80 | |
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| Fletcher, Stanley M.; Nadolnyak, Denis A.. |
| In this paper, we make an attempt to rationalize the strategic behavior of major peanut exporting and importing countries in the framework of imperfectly competitive markets with the focus on the global and inter-American peanut trade. This study is motivated by the fact that liberalizing imperfectly competitive and often distorted markets can have unorthodox effects, in particular increase the incentives to overuse certain trade policies. The results suggest that the South American peanut producers stand to benefit from the reductions in the U.S. peanut production supports but, paradoxically, preservation of a tariff may still be mutually welfare enhancing. In the broader context of global peanut trade, multi-lateral tariff reduction increases the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Trade; Peanuts; Strategic behavior; Tariffs; TRQs; Subsidies; International Relations/Trade. |
| Ano: 2005 |
URL: http://purl.umn.edu/19460 |
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| Fu, Tsu-Tan; Fletcher, Stanley M.; Epperson, James E.. |
| Factors which explain supply response behavior of South Carolina tomato growers were determined. Two well known supply response models were used for comparison: the Nerlovian structural model and the Just risk model. The Just risk model reflected the significance of the risk effect in both stable and unstable periods. An evaluation of forecasting power between the two models was indeterminate. Growers are apparently willing to invest in more information with increased market instability because growers were influenced by the Florida winter price of tomatoes in planting decisions during the period of instability. |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 1986 |
URL: http://purl.umn.edu/29770 |
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| Fletcher, Stanley M.; McWatters, Kay H.; Resurreccion, Anna V.A.. |
| American consumers are exposed to thousands of new food products on supermarket shelves each year. For new products, such as akara products, it is crucial to determine consumer preferences and buying intentions. In this study, 346 randomly selected consumers were surveyed to reveal their preference for five akara products prepared from cowpea flour. Preference data were analyzed through use of a multi-ordered response model. Model results indicate that socio-demographic factors were weakly linked to explaining consumer preferences while product characteristics were much more important in preference considerations. |
| Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics. |
| Ano: 1990 |
URL: http://purl.umn.edu/26535 |
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| Nadolnyak, Denis A.; Fletcher, Stanley M.; Revoredo-Giha, Cesar. |
| In the paper, alternative contractual arrangements between crop producers and processors are evaluated with a view of addressing the major issues present in peanut markets in the U.S., the major EU supplier of high quality peanuts. The issues are the thinness of the spot markets and the absence of quality premiums, both of which impair market efficiency. Results indicate that introducing contracts with a system of quality differentials creates incentives for producer self-selection to participate in the post harvest cash market. Moreover, in the presence of sufficiently high common production risk, tournament contracts are more efficient and preferred by the producers than the standard fixed premium schedules. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Contracts; Tournaments; Efficiency; Spot markets; Peanuts; Marketing. |
| Ano: 2005 |
URL: http://purl.umn.edu/24703 |
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| Revoredo-Giha, Cesar; Nadolnyak, Denis A.; Fletcher, Stanley M.. |
| The elimination of the marketing quota system that regulated the peanut market since the 1930s has been accompanied by the emergence of marketing contracts between farmers and peanut buyers (mainly peanut shellers). Two types of contracts have been observed, forward contracts for delivery at harvest or at a later date and "option to purchase" contracts. We analyze the clauses of contracts used by major shellers in order to infer the motivation behind these contracts (i.e., risk sharing, reduction of transaction costs, improve coordination, exercise of market power, etc.). The analysis points out that the main role of the contracts is to replace the marketing structure existing prior the 2002 Farm Act, where peanut marketing was quite regulated. In this... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
| Ano: 2005 |
URL: http://purl.umn.edu/19187 |
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| Registros recuperados: 80 | |
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