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Registros recuperados: 46
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A HEDONIC APPROACH TO ESTIMATING OPERATION AND MAINTENANCE COSTS FOR NEW YORK MUNICIPAL WATER SYSTEMS AgEcon
Schmit, Todd M.; Boisvert, Richard N..
A hedonic cost function is used to isolate the operation and maintenance costs for water treatments. For small systems, costs are substantial for some technologies, but not for others. When regional differences in input costs are accounted for, small systems located in rural areas may have a cost advantage over similar systems closer to urban centers; however, costs of water treatment to meet Safe Drinking Water Act amendments may still be substantial.
Tipo: Journal Article Palavras-chave: Public Economics.
Ano: 1997 URL: http://purl.umn.edu/31560
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An Economic Analysis of Generic Egg Advertising in California, 1985-1995 AgEcon
Schmit, Todd M.; Reberte, J. Carlos; Kaiser, Harry M..
Tipo: Technical Report Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 1996 URL: http://purl.umn.edu/122834
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An Empirical Evaluation of New Socialist Countryside Development in China AgEcon
Guo, Xiang-Yu; Yu, Zhi-Gang; Schmit, Todd M.; Henehan, Brian M.; Li, Dan.
China prioritized a New Socialist Countryside reform policy in 2005 to address the growing disparities in incomes and living standards between rural and urban populations. These policies are evaluated to provide a base line index of reform concerning farmer, agricultural, and rural economic development. Aggregate index scores are computed to rank provincial progress. Rankings indicate the progression of rural economic reform is moderate, at best, and mostly isolated to well-developed eastern provinces. Reform growth is also uneven across similarly, rural provinces indicating a need for continued attention in these poorer areas. More importantly, as reform efforts continue, the empirical framework established can be used to track relative performance over...
Tipo: Working or Discussion Paper Palavras-chave: China; Factor Analysis; New Socialist Countryside; Policy Evaluation; International Development; Political Economy; Public Economics.
Ano: 2009 URL: http://purl.umn.edu/49002
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An Ex Post Evaluation of Generic Egg Advertising in the U.S. AgEcon
Reberte, J. Carlos; Schmit, Todd M.; Kaiser, Harry M..
Tipo: Technical Report Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 1996 URL: http://purl.umn.edu/122835
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An Inventory of Educational Resources for Directors of U.S. Agricultural Cooperatives AgEcon
Henehan, Brian M.; Schmit, Todd M..
Tipo: Working Paper Palavras-chave: Agribusiness.
Ano: 2008 URL: http://purl.umn.edu/121782
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Assessing the Success of Farmers’ Markets in Northern New York: A Survey of Vendors, Customers, and Market Managers AgEcon
Logozar, Bernadette; Schmit, Todd M..
Tipo: Working or Discussion Paper Palavras-chave: Farmers markets; Crop Production/Industries; Farm Management.
Ano: 2009 URL: http://purl.umn.edu/55941
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Dairy Farm Management Adjustments to Biofuels-Induced Changes in Agricultural Markets AgEcon
Schmit, Todd M.; Boisvert, Richard N.; Enahoro, Dolapo K.; Chase, Larry.
A mathematical programming model of a representative New York dairy farm is developed to identify optimal management adjustments to increased availability of corn distillers dried grains with solubles (DDGS). While at current prices DDGS feeding is limited to dry cows and young stock, as prices decrease, DDGS in lactating cow rations increase from 7.4% to 20% on a dry matter basis. While expected changes in net farm returns are modest, more important is the consideration of changes in nutrient management practices necessary to deal with increasing levels of nitrogen and phosphorus in the animal waste.
Tipo: Working or Discussion Paper Palavras-chave: Production; Management; Agribusiness; Agricultural Finance; Farm Management; Financial Economics; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/51155
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DISTRIBUTION OF COMMUNITY WATER SYSTEMS ACROSS THE UNITED STATES WITH EMPHASIS ON SIZE, WATER PRODUCTION, OWNERSHIP, AND TREATMENT AgEcon
Boisvert, Richard N.; Schmit, Todd M..
An understanding of the diversity of community water systems (CWS) in the United States is essential when evaluating the financial implications of the 1986 and subsequent amendments to the Safe Drinking Water Act (SDWA). This diversity, in terms of size, primary water source, ownership, and existing levels of treatment, shape the nature of the technical, institutional, and financial issues that must be confronted in moving these systems toward compliance with SDWA regulations. This report provides a descriptive summary of these operating and design characteristics ofCWS's across the country. The data are organized to help provide a typology of representative public water systems that can be examined to better understand the regional effects of policy...
Tipo: Technical Report Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1996 URL: http://purl.umn.edu/122989
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EGG ADVERTISING, DIETARY CHOLESTEROL CONCERNS, AND U.S. CONSUMER DEMAND AgEcon
Schmit, Todd M.; Kaiser, Harry M..
A model of the domestic demand for eggs was estimated from quarterly data over the period 1987 through 1995, incorporating an index of consumer dietary cholesterol concerns and generic advertising efforts by the American Egg Board and the California Egg Commission. Empirical results indicated that most of the observed change in egg demand could be explained by dietary cholesterol concerns. Simulating the model in a constant elasticity supply framework demonstrated that advertising efforts over the past several years have resulted in net benefits to egg producers largely when considering inelastic supply responses. However, considering trade bias reduces these benefit-cost ratios substantially.
Tipo: Journal Article Palavras-chave: Consumer/Household Economics; Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/31510
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ELITE GERMPLASM FOR GMO'S IN BRAZIL: MODELING GOVERNMENT-AGRIBUSINESS NEGOTIATIONS AgEcon
Lesser, William H.; Schmit, Todd M.; Ruiz, Lilian M..
Advances in agricultural biotechnology have led to interest by agribusiness to license elite germplasm from national programs in developing countries, now in need of funds. Uncertainties about the value of the material have delayed negotiations. This article proposes a method of setting upper (monopoly; no seed saving) and lower (competitive) negotiating bounds on values. The model accounts for (1) annual productivity enhancements, (2) effects on world prices, and (3) obsolescence effects of greater R&D. A demonstration application for soybeans in Brazil, which has completed the preconditions (IPR, biosafety, internal policy), suggests limited private value for public germplasm. The optimal solution is cooperation (licensing).
Tipo: Journal Article Palavras-chave: Agribusiness; Research and Development/Tech Change/Emerging Technologies.
Ano: 1999 URL: http://purl.umn.edu/34233
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Estimation of Price Elasticities from Cross-Sectional Data AgEcon
Chung, Chanjin; Dong, Diansheng; Kaiser, Harry M.; Schmit, Todd M..
This study develops an empirical framework that can be used to estimate quality-adjusted price elasticities from cross-sectional data, which are theoretically consistent and comparable to elasticities from time-series data. The new approach shows the importance of properly adjusting for quality variation in demand analysis.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2001 URL: http://purl.umn.edu/20517
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Ethanol Plant Investment using Net Present Value and Real Options Analyses AgEcon
Schmit, Todd M.; Luo, Jianchuan; Tauer, Loren W..
A real option analysis of dry-grind corn ethanol plants compared to a standard net present value analysis (NPV) shows that the option values increase entry prices and lower exit prices of investment and disinvestment considerably. For a large plant, the gross margin of ethanol price over the corn price for a gallon of ethanol using NPV shows that entry will occur with a $0.45 margin and shutdown will occur at a $0.38. Under a real options framework, the margins for entry and exit become $1.33 and $0.13, respectively. Under baseline conditions, a large operating plant would become mothballed at $0.18 and reactivate if margins rebounded to $0.66. Growth in the variability of ethanol margins will delay new plant investments, as well as exits of currently...
Tipo: Working or Discussion Paper Palavras-chave: Ethanol; Net Present Value; Real Options Analyses; Environmental Economics and Policy; Financial Economics; Production Economics; Resource /Energy Economics and Policy; D21; D81; Q4.
Ano: 2008 URL: http://purl.umn.edu/51145
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Evaluating Marketing Channel Options for Small-Scale Fruit and Vegetable Producers AgEcon
LeRoux, Matthew N.; Schmit, Todd M.; Roth, Monika; Streeter, Deborah H..
An investigation of the relative costs and benefits of marketing channels used by typical smallscale diversified vegetable crop producers is conducted. Using case study evidence from four small farms in Central New York, this study compares the performance of wholesale and direct marketing channels, including how the factors of risk, owner and paid labor, price, lifestyle preferences, and sales volume interact to impact optimal market channel selection. Given the highly perishable nature of the crops grown, along with the risks and potential sales volume of particular channels, a combination of different marketing channels is needed to maximize overall firm performance. Accordingly, a ranking system is developed to summarize the major firm-specific factors...
Tipo: Working or Discussion Paper Palavras-chave: Local food; Marketing; Wholesale; Direct; Marketing channels; Economic evaluation; Agribusiness; Community/Rural/Urban Development; Crop Production/Industries; Demand and Price Analysis; Production Economics.
Ano: 2009 URL: http://purl.umn.edu/49006
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Evaluating Marketing Channel Options for Small-Scale Fruit and Vegetable Producers: Case Study Evidence from Central New York AgEcon
LeRoux, Matthew N.; Schmit, Todd M.; Roth, Monika; Streeter, Deborah H..
An investigation of the relative costs and benefits of marketing channels used by typical small-scale diversified vegetable crop producers is conducted. Using case study evidence from four small farms in Central New York, this study compares the performance of wholesale and direct marketing channels, including how the factors of risk, owner and paid labor, price, lifestyle preferences, and sales volume interact to impact optimal market channel selection. Given the highly perishable nature of the crops grown, along with the risks and potential sales volume of particular channels, a combination of different marketing channels is needed to maximize overall firm performance. Accordingly, a ranking system is developed to summarize the major firm-specific...
Tipo: Report Palavras-chave: Marketing channel; Small-scale; Fruit and vegetable producers; Case study; Agribusiness; Crop Production/Industries; Financial Economics.
Ano: 2009 URL: http://purl.umn.edu/49044
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Factors Affecting the Growth of Food and Beverage Manufacturers in New York State AgEcon
Hall, Jeffrey S.; Schmit, Todd M..
Tipo: Conference Paper or Presentation Palavras-chave: Community/Rural/Urban Development; Marketing.
Ano: 2010 URL: http://purl.umn.edu/61396
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Factors Affecting Wine Purchase Decisions and Presence of New York Wines in Upscale New York City Restaurants AgEcon
Preszler, Trent L.; Schmit, Todd M..
Substantial industry and winery efforts in recent years have centered on improving access of New York wines into upscale restaurants in New York City (NYC), albeit with limited success. A survey of upscale restaurants and wine stores in NYC was conducted to identify important attributes influencing wine purchase decisions and to better understand the primary factors affecting the level of New York wines included on restaurant wine lists. Larger restaurants with higher entrée prices and a larger dependence on wine sales were shown to include fewer New York wines, while restaurants serving higher proportions of Riesling, Cabernet Franc, and domestic wines included more. A wine’s collective regional and varietal reputation was found to influence overall wine...
Tipo: Journal Article Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/99488
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IDENTIFYING THE EFFECTS OF GENERIC ADVERTISING ON THE HOUSEHOLD DEMAND FOR FLUID MILK AND CHEESE: A TWO-STEP PANEL DATA APPROACH AgEcon
Schmit, Todd M.; Dong, Diansheng; Chung, Chanjin; Kaiser, Harry M.; Gould, Brian W..
A two-step model with sample selection is applied to panel data of U.S. households to estimate at-home demand for fluid milk and cheese, incorporating advertising expenditures. The model consistently accounts for sample-selection bias, unobserved household heterogeneity, and temporal correlation. Generic advertising programs for fluid milk and cheese were effective at increasing conditional purchase quantities, with very little effect on the probability of purchase. In contrast to aggregate studies, the long-run generic advertising elasticities for cheese were larger than for those of fluid milk. Advertising response varied considerably across sub-product classes, while branded advertising expenditures were largely insignificant.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Marketing.
Ano: 2002 URL: http://purl.umn.edu/31088
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Identifying the Extensive and Intensive Effects of Generic Advertising on the Household Demand for Fluid Milk and Cheese AgEcon
Schmit, Todd M.; Chung, Chanjin; Dong, Diansheng; Kaiser, Harry M.; Gould, Brian W..
A two-step sample selection model is used to estimate household demand equations for fluid milk and cheese products incorporating national generic advertising. This approach allows us to disentangle the incidence of the advertising effect on the probability of purchase and changes in the level of consumption. Generic advertising for fluid milk had a predominantly intensive effect on athome fluid milk demand, implying that advertising was relatively more effective at increasing the consumption of current consumers. Conversely, the at-home cheese demand response to generic cheese advertising was almost exclusively extensive, with virtually the entire increase in quantity demanded due to an increase in the household’s probability of purchase.
Tipo: Working Paper Palavras-chave: Consumer/Household Economics; Marketing.
Ano: 2001 URL: http://purl.umn.edu/122642
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Impact of Generic Milk Advertising on New York State Markets, 1986-2003 AgEcon
Kaiser, Harry M.; Wang, Yu; Schmit, Todd M..
Tipo: Technical Report Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2004 URL: http://purl.umn.edu/122105
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Implications of Growing Biofuel Demands on Northeast Livestock Feed Costs AgEcon
Schmit, Todd M.; Verteramo, Leslie J.; Tomek, William G..
The relationship between complete-feed prices and ingredient prices is estimated in order to analyze the effect of higher commodity prices on feed costs, with particular attention paid to the substitutability of corn distillers dried grains with solubles (DDGS). Using the historical price correlation between corn and DDGS, each $1 per ton increase in the price of corn increases feed costs between $0.45 and $0.59 per ton across livestock sectors. Marginal feed costs based on lower forecasted price correlations are reduced between $0.05 to $0.12 per ton across livestock sectors, but only for the dairy ration is the reduction statistically significant. Overall, DDGS cost savings are relatively limited and insufficient to offset the impact of other...
Tipo: Journal Article Palavras-chave: Biofuels; Commodity prices; Distillers dried grains with solubles; Livestock feed costs; Agribusiness; Farm Management; Livestock Production/Industries; Production Economics.
Ano: 2009 URL: http://purl.umn.edu/55540
Registros recuperados: 46
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