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Registros recuperados: 17
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Commodity Policies and Product Differentiation: the California Milk Marketing Order and the Organic Dairy Sector AgEcon
Balagtas, Joseph Valdes; Kreutzer, Kristina N..
This paper evaluates the economic consequences of milk marketing orders for producers and consumers in organic and conventional milk markets. We develop a multi-market equilibrium displacement model that disaggregates the organic and conventional segments of the California milk market in order to evaluate the economic effects of alternative policies. We find that exemption of organics from marketing order regulation would make organic farmers better off at the expense of conventional farmers, but that complete deregulation would make both organic and conventional farms worse off.
Tipo: Conference Paper or Presentation Palavras-chave: California; Cartel; Dairy; Equilibrium displacement model; Milk marketing orders; Organic; Demand and Price Analysis; Marketing.
Ano: 2007 URL: http://purl.umn.edu/9964
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Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry AgEcon
Brester, Gary W.; Marsh, John M.; Atwood, Joseph A..
Concerns about the negative effects of U.S. meat and livestock imports on domestic livestock prices have increased interest in country-of origin labeling (COOL) legislation. An equilibrium displacement model is used to estimate short-run and long-run changes in equilibrium prices and quantities of meat and livestock in the beef, pork, and poultry sectors resulting from the implementation of COOL. Retail beef and pork demand would have to experience a one-time, permanent increase of 4.05% and 4.45%, respectively, so that feeder cattle and hog producers do not lose producer surplus over a 10-year period.
Tipo: Journal Article Palavras-chave: Country-of-origin labeling; Equilibrium displacement model; Producer surplus; Agribusiness.
Ano: 2004 URL: http://purl.umn.edu/31109
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Economic Evaluation of New Technologies and Promotions in the Australian Sheep and Wool Industries AgEcon
Mounter, Stuart W..
Knowledge about the size and distribution of returns from alternative broad types of R&D and promotion investments permit strategic-level decisions about resource allocation, both within and across research programs. The Australian sheep meat and wool industries are characterised by strong cross-commodity relationships due to the joint product nature of the industries. An equilibrium displacement model of the Australian sheep meat and wool industries was developed to account for these relationships and any indirect benefits and costs arising from spill-over and feedback effects between the industries as a result of research-induced innovation or promotion. The potential annual returns and their distribution among the various industry sectors were...
Tipo: Conference Paper or Presentation Palavras-chave: Australian sheep and wool industries; Equilibrium displacement model; Cross-commodity relationships; R&D and promotion evaluation; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/9234
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Economic Evaluation of New Technologies and Promotions in the Australian Sheep and Wool Industries AgEcon
Mounter, Stuart W.; Griffith, Garry R.; Piggott, Roley R.; Fleming, Euan M.; Zhao, Xueyan.
Knowledge about the size and distribution of returns from alternative broad types of R&D and promotion investments permit strategic-level decisions about resource allocation, both within and across research programs. The Australian sheep meat and wool industries are characterised by strong cross-commodity relationships due to the joint product nature of the industries. An equilibrium displacement model of the Australian sheep meat and wool industries was developed to account for these relationships and any indirect benefits and costs arising from spill-over and feedback effects between the industries as a result of research-induced innovation or promotion. The potential annual returns and their distribution among the various industry sectors were...
Tipo: Conference Paper or Presentation Palavras-chave: Australian sheep and wool industries; Equilibrium displacement model; Cross-commodity relationships; R&D; Promotion evaluation; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/10415
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Economic Impact and Trade Implications of the Introduction of Black Sigatoka (Mycosphaerella figiensis) into Puerto Rico AgEcon
Alamo, Carmen I.; Evans, Edward A.; Brugueras, Alba; Nalampang, Sikavas.
This article addresses the issues of the potential impacts of the introduction of black sigatoka into Puerto Rico under situations in which the government assists growers in managing the spread of the disease, with and without prohibitions on imports of plantains and bananas. An equilibrium displacement model is used to quantify the impact of black sigatoka. The results indicate that under both scenarios the net economic benefits to society were negative. Over the long term, the government would be well-advised to invest in research to develop plantain and banana varieties that are resistant to black sigatoka.
Tipo: Journal Article Palavras-chave: Banana; Black sigatoka (Mycosphaerella fijiensis); Economic impact analysis; Equilibrium displacement model; Invasive species; Plantain; Q17; Q18.
Ano: 2007 URL: http://purl.umn.edu/43218
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Economic Surplus Measurement in Multi-Market Models AgEcon
Zhao, Xueyan; Mullen, John D.; Griffith, Garry R..
Despite continuing controversy, economic surplus concepts have continued to be used in empirical cost-benefit analyses as measures of welfare to producers and consumers. In this paper, the issue of measuring changes in producer and consumer surplus resulting from exogenous supply or demand shifts in multi-market models is examined using a two-input and two-output equilibrium displacement model. When markets are related through both demand and supply, it is shown that significant errors are possible when conventional economic surplus areas are used incorrectly. The economic surplus change to producers or consumers should be measured sequentially in the two markets and then added up.
Tipo: Working or Discussion Paper Palavras-chave: Equilibrium displacement model; Multi-market; Economic surplus; R&D evaluation; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/12910
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Effects of a Traceability System on the Economic Impacts of a Foot-and-Mouth Disease Outbreak AgEcon
Jones, Jason; Carlberg, Jared G.; Pendell, Dustin L..
The research reported in this paper created an epidemiological foot-and-mouth disease (FMD) spread model for Ontario. Disease simulations were constructed to reflect three levels of the cattle identification and movement recording system. Outputs generated by the epidemiological model are used to calculate the direct disease control costs of a FMD outbreak. Welfare effects caused by a FMD outbreak are also calculated for each level of cattle traceability using an equilibrium displacement model. Parameter sensitivity was tested for both the epidemiological and economic model results. It is found that the benefits to the beef cattle industry of increasing the ability to trace direct animal contacts during a FMD disease outbreak in Ontario are less than the...
Tipo: Conference Paper or Presentation Palavras-chave: NAADSM; Disease spread model; Equilibrium displacement model; Traceability; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Marketing.
Ano: 2011 URL: http://purl.umn.edu/98781
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Effects of Country-of-Origin Labeling on Meat Producers and Consumers AgEcon
Lusk, Jayson L.; Anderson, John D..
Although several studies have estimated the costs of country-of-origin labeling (COOL), no previous study has documented how these costs will be distributed across the livestock sector or how producer and consumer welfare will be affected. This analysis presents an equilibrium displacement model of the farm, wholesale, and retail markets for beef, pork, and poultry that documents how producers and consumers will be affected by COOL. Findings reveal that as the costs of COOL are shifted from the producer to the processor and retailer, producers are made increasingly better off while consumers are made increasingly worse off. Further, an increase in aggregate consumer demand of 2% to 3% is likely sufficient to offset lost producer welfare due to COOL costs.
Tipo: Journal Article Palavras-chave: Beef; Country of origin; Equilibrium displacement model; Labeling; Pork; Poultry; Consumer/Household Economics.
Ano: 2004 URL: http://purl.umn.edu/31110
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Global Welfare Impacts of U.S. Meat Promotion Activities AgEcon
Henneberry, Shida Rastegari; Mutondo, Joao E.; Brorsen, B. Wade.
An equilibrium displacement model of the U.S. meat markets is used to measure the potential impacts of promotion investment, differentiating meats by types and by supply source, taking into account the U.S. participation in global meat markets, and considering imperfect competition in the meat industry. The increase in U.S. producer welfare resulting from a 10 percent increase in promotion ranges from -$1.29 million to $2.60 million for U.S. beef producers and from -$0.96 million to $1.67 million for U.S. pork producers, depending primarily on the advertising elasticity used.
Tipo: Journal Article Palavras-chave: Equilibrium displacement model; International trade; Beef and pork promotion activities; Marketing.
Ano: 2009 URL: http://purl.umn.edu/59256
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Jointly selecting for fibre diameter and fleece weight: A market-level assessment of the QPLU$ Merino breeding project AgEcon
Mounter, Stuart W.; Griffith, Garry R.; Mullen, John D..
The QPLU$ Merino breeding project began in the early 1990s. The aim of the project was to demonstrate the efficiency of using a selection index to achieve breeding objectives. A number of selection lines were created from three strains of Merino sheep. During the ten-year course of the project, selection of each line was undertaken using an index based on measurements of fleece weight and fibre diameter. Different emphases were placed on each trait in each selected line. This paper estimates the potential aggregate returns of the project to the Australian sheep and wool industries using an equilibrium displacement model.
Tipo: Conference Paper or Presentation Palavras-chave: Australian sheep and wool industries; Equilibrium displacement model; Cross-commodity relationships; R&D evaluation; Livestock Production/Industries; Research and Development/Tech Change/Emerging Technologies; Research Methods/ Statistical Methods.
Ano: 2008 URL: http://purl.umn.edu/6046
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Modeling Beef Quality Heterogeneity AgEcon
Lusk, Jayson L.; Norwood, F. Bailey.
The effects of various supply and demand shifts on beef price, quantity, and industry welfare have been widely studied under the assumption of beef quality homogeneity. In this paper, we construct a model of the beef sector that incorporates differences in beef quality. The model is used to analyze the effect of supply and demand shifts on changes in prices and quantities of high-and low-quality beef and changes in revenue accruing to producers of high-and low-quality beef. Model results indicate that supply and demand shocks have the potential to alter the average quality of beef on the market and the price premium charged for high-quality beef, which has important implications for retailers selling quality-differentiated beef and producers selling...
Tipo: Journal Article Palavras-chave: Beef; Equilibrium displacement model; Multisector model; Quality heterogeneity; Q11; Q18.
Ano: 2005 URL: http://purl.umn.edu/43483
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Sensitivity of welfare effects estimated by equilibrium displacement model: a biological productivity growth for semi-subsistence crop in Sub-Sahara African market with high transactions costs AgEcon
Takeshima, Hiroyuki.
This paper discusses the application of the equilibrium displacement model (EDM) to estimate ex-ante the welfare effects of biological productivity growth for semi-subsistence crop and its impact on poverty reduction. The conventionally used EDM is compared with an alternative model (alternative EDM) that reflects arguably more realistic assumptions for African semi-subsistence crops, such as the shape and shift of supply curve, significant margins due to high transportation costs between farmgate and consumption market, as well as between different consumption markets, and the degree of precisions of estimated structural parameters. The application to the dataset for Benin cassava farmers provides an example that the conventional EDM may significantly...
Tipo: Working or Discussion Paper Palavras-chave: Equilibrium displacement model; Pivotal shift; Cassava; Semi-subsistence; Market margins; Double buffering; Agricultural and Food Policy; Consumer/Household Economics; Food Security and Poverty; International Development; Productivity Analysis; Research Methods/ Statistical Methods; C65; D13; D31; D60; Q11; Q12.
Ano: 2009 URL: http://purl.umn.edu/49287
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Size and Distribution of Research Benefits in the Australian Dairy Industry AgEcon
Liu, Esther; Tarrant, Katherine A.; Ho, Christie K.M.; Malcolm, Bill; Griffith, Garry R..
An equilibrium displacement model of the Australian dairy industry is being developed for estimating the net benefits from dairy research undertaken by DPI Victoria. In this initial version, the dairy industry is represented by a system of aggregate demand and supply relationships for two input sectors, raw milk and milk processing inputs, and three output sectors, export and domestic manufactured milk and domestic fluid milk. Quantities and prices are calibrated in terms of milk equivalents. The vertical and horizontal disaggregation of the industry in the model enables the distribution of benefits from farmers to consumers to be assessed. The results for a 1% hypothetical shift in the supply curve in the farm and processing sectors are presented....
Tipo: Presentation Palavras-chave: Australian dairy industry; Research evaluation; Equilibrium displacement model; Livestock Production/Industries; Research and Development/Tech Change/Emerging Technologies.
Ano: 2012 URL: http://purl.umn.edu/124326
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The Distribution of Gains from Cattle Development in a Multi-Stage Production System: The Case of the Bali Beef Industry AgEcon
Zhao, Xueyan; Ambarawati, I Gusti Agung Ayu; Piggott, Roley R.; Griffith, Garry R..
Beef production in Bali is dominated by small-holders, like the majority of Indonesian agriculture. A number of different policies have been implemented to enhance development of this and other parts of the Bali beef industry. Knowledge about the returns from these options for the development of the cattle and beef industry, and their distribution among producers, consumers and others, would better inform policy decision making. This paper examines the benefits from cattle development in a multi stage production representation of the Bali beef industry using equilibrium displacement modelling (EDM). For a 1 per cent exogenous shift in the relevant market, improved productivity of Bali cattle production has the largest total benefits (Rp 3.02 billion,...
Tipo: Working or Discussion Paper Palavras-chave: Equilibrium displacement model; Research evaluation; Bali; Cattle and beef industry; Economic analysis; Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/12920
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To Fund or Not to Fund: Assessment of the Potential Impact of a Regional Promotion Campaign AgEcon
Carpio, Carlos E.; Isengildina-Massa, Olga.
This paper develops a framework for assessing the potential economic impact of a regional promotion campaign combining contingent valuation methods with a partial displacement equilibrium model. The proposed approach is applied to the evaluation of the potential economic impact of the locally grown campaign in South Carolina. Results reveal that the first season of the promotion campaign increased consumer willingness to pay for produce by 3.4%. The change in consumer preferences and the corresponding shift in demand increased producer surplus by $3.09 million. This economic benefit, combined with the 2007 promotion campaign investment, resulted in a benefit-cost ratio of 6.18.
Tipo: Journal Article Palavras-chave: Contingent valuation; Economic impact; Equilibrium displacement model; Regional promotion campaign; Consumer/Household Economics.
Ano: 2010 URL: http://purl.umn.edu/93214
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Welfare Implications of Selected Supply and Demand Shocks on Producers and Marketers of U.S. Meats AgEcon
Henneberry, Shida Rastegari; Mutondo, Joao E.; Brorsen, B. Wade.
An equilibrium displacement model is developed and used to estimate the welfare impacts of government and industry-funded promotion programs, country of origin labeling (COOL), and the disease-driven, international bans on U.S. beef. The model goes beyond past studies by including the U.S. domestic market and both U.S. meat imports and exports, with meats differentiated by source of origin. The results indicate that while the benefits from beef and pork promotions are higher, the negative impacts of COOL are lower in a model with international trade than in a model without trade. International bans on U.S. beef decrease the welfare of producers and marketers of U.S. beef.
Tipo: Conference Paper or Presentation Palavras-chave: Beef ban; Country of origin; Equilibrium displacement model; Pork; Poultry; Promotion; Demand and Price Analysis.
Ano: 2007 URL: http://purl.umn.edu/9962
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What Are the Economic Welfare Effects of Local Food Marketing? Exploring Impacts with the Case of Colorado Apples AgEcon
Hu, Wenjing; Onozaka, Yuko; Thilmany, Dawn D..
This paper explores the welfare changes as a result of changes in prices and quantities of Colorado labeled apples relative to domestically produced apples, using equilibrium displacement model with two-regions: Colorado State and the rest of the United States. The results showed that in the short run producers would lose $300, while in the long run producers would increase supply to capture $263,000 in increased surplus.
Tipo: Conference Paper or Presentation Palavras-chave: Local food marketing; Marketing channel; Market segmentation; Equilibrium displacement model; Agribusiness; Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Industrial Organization; Institutional and Behavioral Economics; Marketing.
Ano: 2011 URL: http://purl.umn.edu/103500
Registros recuperados: 17
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