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Registros recuperados: 31
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A Local Cooperative's Financial and Strategic Analysis of the Evaluation of Potential Merger Partners AgEcon
Fulton, Joan R.; Hine, Susan E.; Vandeburg, Jennifer M.; McNamara, Kevin T..
This is a two-part teaching case developed through in-person interviews which were conducted with the managers of locally owned farm supply/grain marketing cooperatives in Indiana and Colorado in the spring of 2000. The case has been written so that each part can be used individually or together and can also be used in either the undergraduate classroom or in extension programming with cooperative managers and directors. Part I focuses on how to use financial analysis in business reorganization decisions and Part II focuses on how to analyze alternative business reorganization possibilities from a strategic management perspective.
Tipo: Journal Article Palavras-chave: Cooperatives; Mergers; Evaluation of alternative business strategies; Agribusiness.
Ano: 2004 URL: http://purl.umn.edu/8155
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AGRICULTURAL, AGRIBUSINESS, AND INTERNATIONAL MARKETING COURSES IN UNDERGRADUATE CURRICULA: ISSUES AND IDEAS AgEcon
Wysocki, Allen F.; Fairchild, Gary F.; Weldon, Richard N.; Biere, Arlo W.; Fulton, Joan R.; McIntosh, Christopher S..
Agricultural marketing courses cover a broad spectrum of topics and issues. Undergraduate committees, program coordinators, and marketing-oriented faculty struggle with the appropriate number and content of marketing course offerings. Curricula issues are discussed from the perspectives of three agricultural economics departments. Size, expertise, interests, and pedagogic philosophy assist in determining the number, mix, and content of courses. Solving these problems includes modulization and increasing depth or breadth, to reflect the changing marketing system and student needs. Educators must continually look outward at the changing food system and inward to their marketing curriculum to assess needs and implement changes as they are warranted.
Tipo: Journal Article Palavras-chave: Agribusiness curricula; Agricultural marketing; Marketing courses; Marketing curricula; Teaching/Communication/Extension/Profession.
Ano: 2003 URL: http://purl.umn.edu/14670
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BRINGING INDUSTRY INTO AN UNDERGRADUATE AGRIBUSINESS COURSE AgEcon
Fulton, Joan R..
The current changes in agriculture, often referred to as industrialization, are creating a work environment for agribusiness employees that is more complex than ever before. It is paramount that agricultural economics and agribusiness programs adequately prepare students for this changing work environment. In particular it is essential to help students develop good analytical and communication skills. Specifically students need to be able to integrate ideas from different areas, identify similarities and differences, identify alternative courses of action, analyze the consequences of the alternative actions and communicate the implications of the action. This paper reports on a successful agribusiness capstone course that made extensive use of active...
Tipo: Journal Article Palavras-chave: Agribusiness; Teaching/Communication/Extension/Profession.
Ano: 1998 URL: http://purl.umn.edu/34547
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Business Dynamics and Informal Contracts: Experimental Evidence from the Cowpea Street Food Sector in West Africa AgEcon
Otoo, Miriam; Fulton, Joan R.; Wu, Steven Y.; Ibro, Germaine.
We use field experiments in Niger to investigate the nature and efficiency of contractual structures in market transactions between kossai vendors and cowpea grinders (key input suppliers). Three contractual structures were employed: gift contract, standard price contract and discretionary bonus contract (most incomplete). Gift contracts and standard price contracts involve an upfront payment of grinding fees where discretionary bonus contracts involve payment after the quality of service is observed. Gift contracts were found to be the most ex-ante efficient with the highest acceptance rates. Discretionary bonus contracts (most incomplete) were the most ex-post efficient that is, resulted in the highest quality. Our results suggest that the degree of...
Tipo: Conference Paper or Presentation Palavras-chave: Incomplete contracts; Street food vendors; Experimental economics; International Development.
Ano: 2010 URL: http://purl.umn.edu/61458
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CENTRALIZATION VERSUS DECENTRALIZATION OF DECISION MAKING AUTHORITY: EFFECTS ON INFORMATION ACQUISITION AND ECONOMIC EFFICIENCY AgEcon
Fulton, Joan R.; King, Robert P..
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness.
Ano: 1989 URL: http://purl.umn.edu/13376
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COMBINING FARM AND COUNTY DATA TO CONSTRUCT FARM LEVEL YIELD DISTRIBUTIONS AgEcon
Fulton, Joan R.; King, Robert P.; Fackler, Paul L..
Tipo: Working or Discussion Paper Palavras-chave: Crop Production/Industries.
Ano: 1988 URL: http://purl.umn.edu/13752
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CONSUMER ACCEPTANCE OF GMO COWPEAS IN SUB-SAHARA AFRICA AgEcon
Kushwaha, Saket; Musa, A.S.; Lowenberg-DeBoer, James; Fulton, Joan R..
Cowpea is the most important indigenous African grain legume for both home use and as a cash crop. Because of its tolerance to drought it is especially important for the Sahel. Genetic transformation of cowpea with Bachilius Thurengius (Bt) genes to control pod boring insects has many advantages, but little is known of the potential consumer response. This paper analyzes and reports the results of a survey of 200 consumers in northern Nigeria in early 2003 concerning consumer awareness of and acceptance of biotechnology. Ninety percent of the respondents were aware of GM products. Those respondents who were most concerned about the ethics of genetic transformation were likely to disapprove of such products, while those individuals who identified...
Tipo: Conference Paper or Presentation Palavras-chave: Institutional and Behavioral Economics.
Ano: 2004 URL: http://purl.umn.edu/20216
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Consumer preferences as drivers of the common bean trade in Tanzania: A marketing perspective AgEcon
Mishili, Fulgence J.; Temu, Anna A.; Fulton, Joan R.; Lowenberg-DeBoer, James.
The objective of this study was to determine the impact of bean grain quality characteristics on market price. The data was collected from retail markets in Tanzania. Hedonic pricing provides a statistical estimate of premiums and discounts. Implications for development of bean markets include: i) extension agents should identify cost-effective ways to educate producers on targeting urban market niches based on consumer preferences for varieties, ii) breeding for bruchid resistant beans and use of appropriate storage technologies would alleviate the problems of storage damage, and iii) requiring a portfolio of grain quality characteristics to fit consumer preferences in local markets.
Tipo: Journal Article Palavras-chave: Beans; Markets; Consumer preferences; Hedonic; Storage; Tanzania; Marketing; D12; Q13.
Ano: 2009 URL: http://purl.umn.edu/48658
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CONSUMER PREFERENCES AS DRIVERS OF THE COMMON BEAN TRADE IN TANZANIA: A MARKETING PERSPECTIVE AgEcon
Mishili, Fulgence J.; Temu, Anna A.; Fulton, Joan R.; Lowenberg-DeBoer, James.
The objective of this study was to determine the impact of bean grain quality characteristics on market price. The data was collected from retail markets in Tanzania. Hedonic pricing provides a statistical estimate of premiums and discounts. Implications for development of bean markets include: i) extension agents should identify cost-effective ways to educate producers on targeting urban market niches based on consumer preferences for varieties, ii) breeding for bruchid resistant beans and use of appropriate storage technologies would alleviate the problems of storage damage, and iii) requiring a portfolio of grain quality characteristics to fit consumer preferences in local markets.
Tipo: Working or Discussion Paper Palavras-chave: Beans; Markets; Consumer preferences; Hedonic; Storage; Tanzania; Consumer/Household Economics; Demand and Price Analysis; Marketing; D12; Q13.
Ano: 2009 URL: http://purl.umn.edu/48644
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CONSUMER PREFERENCES FOR QUALITY CHARACTERISTICS ALONG THE COWPEA VALUE CHAIN IN NIGERIA, GHANA AND MALI AgEcon
Mishili, Fulgence J.; Fulton, Joan R.; Shehu, Musa; Kushwaha, Saket; Marfo, Kofi; Jamal, Mustafa; Chergna, Alpha; Lowenberg-DeBoer, James.
The production and trade of cowpea (Vigna Uniculata), called "blackeyed peas" in the US, are a growing business for farmers and merchants serving the rapidly expanding urban areas of West and Central Africa. Cowpea fits the needs of the urban poor. It is an inexpensive source of protein that does not require refrigeration. A better understanding of consumer preferences for cowpea is essential to market development. The main objective of the study was to determine the cowpea grain quality characteristics that command a price premium or provoke a discount in Ghanaian, Malian and Nigerian markets. Specifically, the study looked at the impact of the grain size, texture, color, eye color, and bruchid-damaged grains on cowpea market prices. The data for the...
Tipo: Working or Discussion Paper Palavras-chave: Consumer/Household Economics.
Ano: 2007 URL: http://purl.umn.edu/28684
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COOPERATIVES AND INVESTOR OWNED FIRMS: DO THEY MARCH TO THE SAME DRUMMER? AgEcon
Parliament, Claudia; Fulton, Joan R.; Lerman, Zvi.
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness.
Ano: 1989 URL: http://purl.umn.edu/14028
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Driving Forces and Success Factors for Mergers, Acquisitions, Joint Ventures, and Strategic Alliances among Local Cooperatives AgEcon
Vandeburg, Jennifer M.; Fulton, Joan R.; Hine, Susan E.; McNamara, Kevin T..
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2000 URL: http://purl.umn.edu/31814
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ESTIMATING MARKET POWER AND PRICING CONDUCT FOR PRIVATE-LABEL AND NATIONAL BRANDS IN A PRODUCT-DIFFERENTIATED OLIGOPOLY: THE CASE OF A FROZEN VEGETABLE MARKET AgEcon
Vickner, Steven S.; Davies, Stephen P.; Fulton, Joan R.; Vantreese, Valerie L..
This paper develops two brand-level demand models, where prices are treated as endogenous, to estimate unilateral market power in a representative product-differentiated oligopolistic food market. The results are estimated using point-of-purchase scanner data and are used to quantify the impact of a private-label brand on the economic performance of national brands. Specifically, our study calculates demand parameter estimates and returns to retailer vertical coordination for the frozen vegetable market—the third largest private-label food and beverage category in the United States, after ice cream and carbonated beverages. Consistent with broader industry trends, empirical evidence suggests that the private-label brand maintained a slight competitive...
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 2000 URL: http://purl.umn.edu/27755
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Evaluating the Effectiveness of Alternative Extension Methods: Triple-Bag Storage of Cowpeas by Small-Scale Farmers in West Africa AgEcon
Moussa, Bokar; Otoo, Miriam; Fulton, Joan R.; Lowenberg-DeBoer, James.
This study examined two questions related to the adoption of triple-bag storage technology for farmers storing cowpeas in West Africa. First the effect of an extension program, focused on village demonstrations, on adoption was considered. Second, the effect of radio messages to augment this extension program was analyzed. The results indicate that adoption was positively affected by the extension program and radio messages do augment the effectiveness.
Tipo: Conference Paper or Presentation Palavras-chave: Effective extension methods; Cowpeas; Hermetic storage; Teaching/Communication/Extension/Profession.
Ano: 2009 URL: http://purl.umn.edu/49448
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Factors Affecting Success for Women Entrepreneurs in West Africa: The Case of Kosai, a Value Added Cowpea Product AgEcon
Ibro, Germaine; Fulton, Joan R.; Lowenberg-DeBoer, James.
Kosai, a deep-fat fried fritter made from cowpea, is an important product for economic development and poverty alleviation. Kosai is sold as street food almost exclusively by women entrepreneurs who use the money they earn from selling kosai on savings and daily expenditures for their family. In addition, cowpea is the more important indigenous African legume and kosai production uses a significant amount of cowpea. Data was collected, via personal interviews, with about 400 vendors in three different cities in the West African country of Niger. Results revealed that vendors with more experience were more likely to be successful.
Tipo: Conference Paper or Presentation Palavras-chave: Community/Rural/Urban Development.
Ano: 2006 URL: http://purl.umn.edu/21160
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Factors That Influence the Commitment of Members to Their Cooperative Organization AgEcon
Fulton, Joan R.; Adamowicz, Wiktor L..
This research explores the factors that influence the commitment of members to their cooperative organization. Previous empirical and theoretical research is reviewed. The cooperative members' decisions regarding patronage are then described in terms of a random utility model. Logit analysis, with data from member surveys of a large grain marketing cooperative. indicates that the factors that influence member patronage are: the ability to share in profits through dividends. The ability to purchase chemicals and fertilizers at the grain elevator, and the percentage of the total farm income obtained from grain operations. There is some evidence that farmers' patronage is positively associated with competitive grain pricing and negatively associated with the...
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1993 URL: http://purl.umn.edu/46391
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HOG PRODUCER INVESTMENT IN VALUE-ADDED AGRIBUSINESS: RISK AND RETURN IMPLICATIONS AgEcon
Jones, Brian R.; Fulton, Joan R.; Dooley, Frank J..
Although producers have been enticed into investment in value-added agribusiness the risk and return impacts have not been quantified. A spreadsheet simulation model is used to evaluate how investments by hog farmers in slaughter plants and other alternatives affect returns and risk. Results suggest that hog producer investment in value-added agribusiness is efficient.
Tipo: Conference Paper or Presentation Palavras-chave: Value-Added; Producer Investment; Financial Economics; Livestock Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/21537
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IMPACT OF IDENTITY PRESERVATION OF NON-GMO CROPS ON THE GRAIN MARKET SYSTEM AgEcon
Vandeburg, Jennifer M.; Fulton, Joan R.; Dooley, Frank J.; Preckel, Paul V..
The impact of identity preservation (IP) for genetically modified grains (GMOs) on the grain handling system for a typical region in the Eastern Corn Belt is examined. A cost minimizing linear programming model of the transshipment system from farms to grain elevators to grain users tracks shipments and costs through the marketing system. This study compares two different grain segregation strategies: segregating grain within the elevator and designating specific elevators as IP-only facilities. As the cost per unit for grain segregation increases, the designated plant strategy becomes the most cost efficient strategy.
Tipo: Working or Discussion Paper Palavras-chave: Cooperative; Genetically modified; GMO; Grain segregation; Grain handling; Identity preservation; IP; Agribusiness.
Ano: 2000 URL: http://purl.umn.edu/28627
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Impact of Identity Preservation of Non-GMO Crops on the Grain Market System AgEcon
Vandenberg, Jennifer M.; Fulton, Joan R.; Dooley, Frank J.; Preckel, Paul V..
The events of 1999 highlight the importance of the need for identity preservation (IP) of products that result from genetic modification. In April of 1999, Archer Daniels Midland Co. and A. E. Staley Co. announced that they would not accept product that was not approved for export to the European Union. By the time the 1999 harvest arrived, decision makers in the grain marketing industry realized the nature of their business had dramatically changed in just one growing season. In particular, they needed to preserve the identity of all grains and oilseeds intended for European and Japanese markets. During the remainder of the 1999 growing season, consumer concern about the safety of genetically modified organisms (GMOs) increased. The need for IP represents...
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 2000 URL: http://purl.umn.edu/45633
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LOCAL COOPERATIVES' EVALUATION OF BUSINESS INVESTMENT OPPORTUNITIES AgEcon
Hine, Susan E.; Fulton, Joan R.; Loureiro, Maria L.; Vandeburg, Jennifer M.; McNamara, Kevin T..
Agricultural cooperatives have been restructuring, by way of mergers, acquisitions, joint-ventures, and strategic alliances, to increase efficiencies to remain competitive in a changing business environment. The research evaluating the reorganization of cooperatives has revealed that less than one-half of the restructured businesses are financially successful. There is the potential to significantly influence the future health of the cooperative business sector if, first, insights can be gained concerning the factors being considered by cooperative managers when making restructuring decisions and, second, extension education programs can be adapted to meet the greatest need. In this study we examine: (a) what methods of valuation cooperatives are using...
Tipo: Journal Article Palavras-chave: Capital budgeting methods; Cooperatives; Finance; Restructuring; Agribusiness.
Ano: 2003 URL: http://purl.umn.edu/14677
Registros recuperados: 31
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