Consulta: creatorFacets:"Hudson,   Darren"
Registros recuperados: 95
Data/hora: 03/06/2024 11:07:41

The Economic Value of Irrigation in the Texas Panhandle
Provedor de dados: 31
Autores: Guerrero,   Bridget L.; Wright,   Andrew P.; Hudson,   Darren; Johnson,   Jeffrey W.; Amosson,   Stephen H.
The Texas Panhandle relies largely on the Ogallala Aquifer for access to water for irrigated agricultural production.  With current pumping rates and slow recharge rates, the aquifer will at some point in the future no longer be an economically viable source of water for agriculture.  The objective of this study is to estimate the value of irrigated agriculture to the region.  A hypothetical policy restriction is imposed which assumes a one hundred percent conversion to dryland agriculture.  The study estimates the economic impact of such a change on producer income and the resulting socioeconomic impacts on communities in the region.
Tipo: Conference Paper or Presentation
Palavras-chave: Economic impacts; IMPLAN; Irrigated production; Ogallala Aquifer; Water policy; Community/Rural/Urban Development; Environmental Economics and Policy; Q18; Q32; Q38.
Ano: 2010
URL: http://purl.umn.edu/56433

Stochastic Analysis of World Cotton Outlook Addendum to the 2007/08-2017/18 Baseline
Provedor de dados: 31
Autores: Fadiga,   Mohamadou L.; Pan,   Suwen; Ethridge,   Don E.; Hudson,   Darren; Mutuc,   Maria Erlinda M.
Tipo: Report
Palavras-chave: The cotton market baseline analysis released in 2008 (Ethridge et al.) provided critical information about the future of the world cotton market over the next ten years (2007/02- 2017/18). It is based on a deterministic approach that utilizes the world fiber model developed by the Cotton Economics Research Institute (CERI) at Texas Tech University (Pan et al. 2004). The world fiber model is a multi-country multi-sector partial equilibrium model that includes the world’s 24 major cotton importing and exporting countries and regions. While the deterministic model provides the best available point estimates of potential market outcomes; It does not reveal information about the underlying variability of these markets over time.; Agricultural and Food Policy.
Ano: 2008
URL: http://purl.umn.edu/53140

Response of Cotton to Oil Price Shocks
Provedor de dados: 31
Autores: Mutuc,   Maria Erlinda M.; Pan,   Suwen; Hudson,   Darren.
Selected Paper prepared for presentation at the Southern Agricultural Economics Association Annual Meeting, Orlando, FL, February 6-9, 2010
Tipo: Conference Paper or Presentation
Palavras-chave: Cotton; Oil price; Demand shocks; Supply shocks; Structural vector autoregression; Demand and Price Analysis; Industrial Organization.
Ano: 2010
URL: http://purl.umn.edu/96675

A Bio-Economic Model of Recirculation Shrimp-Production Systems
Provedor de dados: 31
Autores: Zhou,   Xia (Vivian); Hanson,   Terrill R.; Spurlock,   Stanley R.; Hudson,   Darren.
Tipo: Report
Palavras-chave: Livestock Production/Industries.
Ano: 2008
URL: http://purl.umn.edu/55625

The Economic Impact of the Cotton Crop on the Texas High Plains, 2008
Provedor de dados: 31
Autores: Guerrero,   Bridget L.; Hudson,   Darren.
Early season high winds and late season cool temperatures have worked together to limit the size of the High Plains cotton crop. Over the past 5 years, the High Plains2 has averaged 4.44 million bales produced each year. However, Plains Cotton Growers recently estimated the 2008 crop to be around 3.2 million bales (Wade). If these production numbers materialize, the 28% drop in production will have significant impacts on the regional economy. The purposes of this briefing paper are to: (1) estimate the impact of the cotton crop on the High Plains economy, and (2) estimate the impact of a smaller than average crop.
Tipo: Report
Palavras-chave: Agribusiness.
Ano: 2008
URL: http://purl.umn.edu/53145

INCOME DISTRIBUTIONAL IMPACTS OF TRADE POLICIES IN A MULTI-MARKET FRAMEWORK: A CASE IN PAKISTAN
Provedor de dados: 31
Autores: Hudson,   Darren; Ethridge,   Don E.
The impacts of using export taxes as a price control in a multi-market framework are explored using the cotton and yarn sectors in Pakistan as examples. Results show that the export tax on cotton increased domestic consumption and decreased exports of cotton in Pakistan, transferring income from cotton producers to yarn spinners and the government. There was a social loss to Pakistan in the cotton sector. The export tax on cotton increased domestic yarn production, consumption, exports, and incomes of yarn spinners, but resulted in a large transfer (social loss) out of the yarn sector.
Tipo: Journal Article
Palavras-chave: Cotton; Export tax; Simultaneous equations; Simulation; Policy; International Relations/Trade.
Ano: 2000
URL: http://purl.umn.edu/15398

Lessons Learned from the Phase-out of the MFA: Moving from Managed Distortion to Managed Distortion
Provedor de dados: 31
Autores: Hudson,   Darren; Ethridge,   Don E.; Mutuc,   Maria Erlinda M.
While the elimination of the Multifibre Arrangement (MFA) was presumed to be a net global benefit because it represented an elimination of a distortionary set of trade agreements, it was based on the assumption that the underlying global trading regime was based on free trade principles. However, due to the trading pattern that has emerged after the MFA and its unintended consequences – with production infrastructure and trading rules based on distortionary incentives so entrenched into the system – the global trading regime after the elimination of quotas is still far short of free.
Tipo: Journal Article
Palavras-chave: MFA; Textile and clothing; Trade; Demand and Price Analysis; Industrial Organization; Institutional and Behavioral Economics; International Relations/Trade; Production Economics.
Ano: 2011
URL: http://purl.umn.edu/104063

Equal or Just?  Intergenerational Allocations within Family Farm Businesses
Provedor de dados: 31
Autores: Lange,   Kelly Y.; Johnson,   Jeffrey W.; Hudson,   Darren; Johnson,   Phillip N.; Gustafson,   Bill.
A multi-disciplinary literature review was conducted in order to integrate multiple perspectives pertaining to family farm business transfer. Factors affecting perceptions of equality in family farm transfers were identified. Preliminary survey results analyze perceptions of equality within farm families and how these perceptions affect family farm transfer planning and implementation.
Tipo: Conference Paper or Presentation
Palavras-chave: Family farm succession; Intergenerational transfer; Farm Management; Q10; Q12.
Ano: 2011
URL: http://purl.umn.edu/98814

ADOPTION OF PRECISION AGRICULTURE TECHNOLOGY IN MISSISSIPPI
Provedor de dados: 31
Autores: Hudson,   Darren; Hite,   Diane.
Precision application technology has been an important topic in agriculture in recent years.  This technology has the promise to improve farm management through improved information and control over in-field variability of soil characteristics and productivity.  Despite this apparent promise, recent studies have shown that adoption has been low.  However, little is known about the adoption of this technology in Mississippi or the reasons for or against adoption as seen through the eyes of the producer.  This survey was designed to collect basic information on producer perceptions about precision agriculture technology and to assess potential reasons for or against adoption.
Tipo: Working or Discussion Paper
Palavras-chave: Production Economics.
Ano: 2001
URL: http://purl.umn.edu/15787

Experimental Economics and the Environment: Eliciting Values for Controversial Goods
Provedor de dados: 31
Autores: Shogren,   Jason F.; Parkhurst,   Gregory M.; Hudson,   Darren.
We illustrate the experimental method by examining bidding behavior for controversial goods, i.e., goods in which bidders have positive and negative values. Our results suggest that bidding behavior differs across auction type. Bidders with positive induced values bid sincerely in a WTP auction. Bidders bid conservatively, however, in the WTA auction, foregoing profitable opportunities. Informing bidders of their optimal strategy serves to attenuate bidding discrepancies but does not eliminate them. Treating the WTP and WTA auctions as equivalent given positive and negative values could lead one to overstate the costs relative to the benefits of the controversial good.
Tipo: Journal Article
Palavras-chave: Experiments; Willingness to pay; Willingness to accept; Positive and negative induced values; Crop Production/Industries; Institutional and Behavioral Economics.
Ano: 2010
URL: http://purl.umn.edu/90824

In-Store Evaluation of Consumer Willingness to Pay for “Farm-Raised” Pre-Cooked Roast Beef: A Case Study
Provedor de dados: 31
Autores: Nalley,   Lawton Lanier; Hudson,   Darren; Rogers,   Robert W.; Martin,   James M.; Herring,   Joshua L.
A choice-based conjoint experiment was used to examine consumer willingness to pay for a farm-raised pre-cooked roast beef product. Consumers were contacted in a grocery store and provided a sample of the pre-cooked product. Findings indicate there is a small, but statistically significant willingness-to-pay premium for the farm-raised product, suggesting that some product differentiation may result in higher prices for these products. The study outlines an approach to marketing research.
Tipo: Journal Article
Palavras-chave: Beef; Conjoint; Convenience foods; Experiments; In-store tests; Surveys; Livestock Production/Industries; Marketing.
Ano: 2004
URL: http://purl.umn.edu/59587

‘‘Defining’’ Our Future by ‘‘Defining’’ Ourselves
Provedor de dados: 31
Autores: Hudson,   Darren.
Tipo: Journal Article
Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 2011
URL: http://purl.umn.edu/113551

The Implications of an Export Tax on Sectoral Growth: A Case in Pakistan
Provedor de dados: 31
Autores: Hudson,   Darren; Ethridge,   Don E.
The implications of and export tax on sectoral economic growth in the cotton and yarn sectors in Pakistan are examined. Pakistan utilized an export tax on raw cotton fiber from 1988-1995 in order to lower input cost to domestic yarn spinners. The growth effects are simulated based on the results of a structural econometric model. Simulation results show that the export tax had a significant adverse impact on growth in the raw fiber sector. The lower input cost as a result of the tax, however, did not appear to stimulate growth in the yarn sector over what would have occurred without the policy.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 1998
URL: http://purl.umn.edu/53164

THE INFLUENCE OF MARKET STRUCTURE ON THE IMPACTS OF DOMESTIC SUBSIDIES ON INTERNATIONAL COTTON MAREKTS
Provedor de dados: 31
Autores: Pan,   Suwen; Hudson,   Darren; Ethridge,   Don E.
This analysis uses a residual demand elasticity model to measure market power of the international cotton market. The results indicate that both china and U.S. dominate the cotton price with a higher market power in china compared to the U.S.  Those test results combined with a  partial equilibrium model of the international cotton market are used to study the welfare consequences of U.S. cotton subsidy policies for major cotton exporters under alternative assumptions about global market structure. The results indicate that the effects of U.S. subsidies on world cotton price are much smaller under monopsony and double power (with china as a monopsony and U.S. as a monopoly) market assumption than those under complete competitive market scenarios.
Tipo: Conference Paper or Presentation
Palavras-chave: U.S. Cotton Commodity Programs; Global Market Structure; International Trade; Agricultural and Food Policy; International Relations/Trade.
Ano: 2009
URL: http://purl.umn.edu/51196

Is Investment in Agricultural Research a Good Substitute for Price Support in U.S. Cotton?
Provedor de dados: 31
Autores: Pan,   Suwen; Wang,   Changgang; Hudson,   Darren.
This article examines the effects of R&amp;D on cotton yield and relationship between R&amp;D and commodity support programs. The results indicate that yield elasticities with respect to cotton R&amp;D is around 0.2-0.5 based on different regions. It further indicates that R&amp;D increases government expenditures when both commodity programs and R&amp;D funding exist. However, if the future WTO Doha negotiations rules out the possibility of price support programs, increasing R&amp;D funding may provide one of the solutions for farmers to recover their income with 5-6 years lag.
Tipo: Conference Paper or Presentation
Palavras-chave: Cotton; R&amp;D; Commodity support programs; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies.
Ano: 2010
URL: http://purl.umn.edu/61608

WILLINGNESS TO PARTICIPATE IN A BEEF CATTLE MARKETING COOPERATIVE
Provedor de dados: 31
Autores: Lacy,   R. Curt; Hudson,   Darren; Little,   Randall D.
Based on the results of a 1999 survey of Mississippi Beef Cattle Producers, producers were willing to invest $1.66 per head marketed in a beef cattle marketing cooperative.  Factors that had the largest positive impact on WTP were producers who were willing to permanently identify all of their cows and calves and producers who were willing to accept prices negotiated by the cooperative.  Negative factors included producer willingness to implement a pre-weaning health management program and the percentage of replacement heifers purchased through regular auctions.
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2003
URL: http://purl.umn.edu/35959

Industry Organization and Output Size Distribution of Cotton Gins in the U.S.
Provedor de dados: 31
Autores: Mutuc,   Maria Erlinda M.; Hudson,   Darren.
With cotton output declining by 46 percent from 2005-2008 (from 23.89 M bales in 2005 to 12.8 M bales in 2008), gins are processing less cotton.  This paper examines how output size distribution of cotton gins in the U.S. has evolved and the extent to which the developments in the U.S. ethanol industry, specifically the passage of the Energy Policy Act in 2005 (and its subsequent revisions), have influenced this structural process.  Markov transitional probability matrices (TPMs) are estimated for two periods: 1994-2004 and 2005-2008 to determine changes in output size distribution of gins.  TPMs indicate that relative to the pre-2005 period, gins had a greater propensity to process lower outputs after 2005. It is purported that in industries constrained...
Tipo: Conference Paper or Presentation
Palavras-chave: Cotton; Cotton gins; Transitional probabilities; Markov; Minimum efficient scale; Agricultural and Food Policy; Crop Production/Industries; Industrial Organization; Q10; Q12; L11.
Ano: 2010
URL: http://purl.umn.edu/56424

THE POTENTIAL VIABILITY OF BIOMASS ETHANOL AS A RENEWABLE FUEL SOURCE: A DISCUSSION
Provedor de dados: 31
Autores: Nalley,   Lawton Lanier; Hudson,   Darren.
Much attention has been paid to alternative fuel sources of late.  Ethanol has been a politically popular alternative fuel additive and has recently been pushed to the forefront as a leading replacement to MTBE as an oxygenate.  This paper examines the potential markets for ethanol, including biomass ethanol, and discusses the strengths and weaknesses of different oxygenate products.  We find that the market for ethanol is tenuous and dependent on government support at this time.  Biomass ethanol is more expensive to produce, but does have the advantage of being able to be produced near petroleum refineries, thus reducing transport costs, compared to other sources of ethanol.
Tipo: Working or Discussion Paper
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2003
URL: http://purl.umn.edu/15808

A New Taxonomy of Thin Markets
Provedor de dados: 31
Autores: Anderson,   John D.; Hudson,   Darren; Harri,   Ardian; Turner,   Steven C.
The traditional conception of a thin market based on transactions volume remains relevant in many agricultural markets but does not adequately frame emerging thin market issues.  As non-price means of pricing goods becomes more common, some cash commodity markets have become residual markets.  In some of these markets, not only the volume of transactions but also the representativeness of transactions to those on the related contract market is an important issue.  This paper develops a concept of thin markets that accounts for this dimension of market thinness and proposes a research agenda related to this topic.
Tipo: Conference Paper or Presentation
Palavras-chave: Marketing.
Ano: 2007
URL: http://purl.umn.edu/34826

The Impacts of Alternative Institutions on Distributional and Environmental Efficiency in Environmental Programs
Provedor de dados: 31
Autores: Buller,   Virginia; Hudson,   Darren.
Experimental auctions are used to examine the impacts of alternative constraints on environmental programs.  Results show that use of a monetary constraint results in greater environmental efficiency at a lower total cost as compared to an acreage constraint.
Tipo: Conference Paper or Presentation
Palavras-chave: Environmental Economics and Policy.
Ano: 2006
URL: http://purl.umn.edu/35423

INTRA-PROCESSOR PRICE-SPREAD BEHAVIOR: IS THE U.S. CATFISH PROCESSING INDUSTRY COMPETITIVE?
Provedor de dados: 31
Autores: Hudson,   Darren.
An analysis was conducted of price-spread behavior in the catfish-processing sector of the United States.  A model of imperfect competition using conjectural variations was used to test for significant deviations from competition.  Results show no significant deviation from competitive behavior, suggesting that catfish processor behave competitively.  However, this result is limited by the assumption of equal market shares by each catfish-processing firm.
Tipo: Journal Article
Palavras-chave: Agribusiness.
Ano: 1998
URL: http://purl.umn.edu/26876

The Relationship between Oil, Exchange Rates, and Commodity Prices
Provedor de dados: 31
Autores: Harri,   Ardian; Nalley,   Lawton Lanier; Hudson,   Darren.
Exchange rates have long been thought to have an important impact on the export and import of goods and services, and, thus, exchange rates are expected to influence the price of those products that are traded. At the same time, energy impacts commodity production in some very important ways. The use of chemical and petroleum derived inputs has increased in agriculture over time; the prices of these critical inputs, then, would be expected to alter supply, and, therefore, the prices of commodities using these inputs. Also, agricultural commodities have been increasingly used to produce energy, thereby leading to an expectation of a linkage between energy and commodity markets. In this paper, we examine the price relationship through time of the primary...
Tipo: Journal Article
Palavras-chave: Cointegration; Commodity prices; Crude oil; Exchange rates; Agribusiness; Consumer/Household Economics; International Relations/Trade; Marketing; Production Economics; Resource /Energy Economics and Policy; C32; L71; Q11; Q40.
Ano: 2009
URL: http://purl.umn.edu/53095

THE IMPLICATIONS OF AN EXPORT TAX ON SECTORAL GROWTH: A CASE IN PAKISTAN
Provedor de dados: 31
Autores: Hudson,   Darren; Ethridge,   Don E.
Impacts of an export tax on growth in the cotton and yarn markets were examined. Results of a simulation show that the export tax on raw fiber decreased the rate of growth in the fiber sector by 80%, and also decreased growth in yarn production by 0.7%.
Tipo: Conference Paper or Presentation
Palavras-chave: Crop Production/Industries; International Relations/Trade.
Ano: 1998
URL: http://purl.umn.edu/20986

Comparison of Stated Choice and In-store Experimental Methods in Predicting Actual Market Behavior for Freshwater Prawn (Macrobrachium rosenbergii) Consumers
Provedor de dados: 31
Autores: Gallardo,   Rosa Karina; Hanson,   Terrill R.; Hudson,   Darren.
The stated choice (SC) and actual revealed pricing/purchase experimental methods were compared for their ability to predict purchasing behavior and willingness-to-pay for freshwater prawns.  SC hypothetical bias may be a consequence of difficulties in controlling factors affecting real world situations, small sample sizes and confusion related to the new product.
Tipo: Conference Paper or Presentation
Palavras-chave: Choice experiment; Grocery store experiment; New product; Purchasing behavior; Consumer/Household Economics.
Ano: 2005
URL: http://purl.umn.edu/35623

DECLINING COTTON ACREAGE IMPACTS ON U.S. COTTON GINNING INDUSTRY STRUCTURE AND COSTS
Provedor de dados: 31
Autores: Mutuc,   Maria Erlinda M.; Hudson,   Darren.
Paper prepared for 2010 Cotton Beltwide Conferences, New Orleans, Louisiana, January, 2010
Tipo: Conference Paper or Presentation
Palavras-chave: Agribusiness; Industrial Organization.
Ano: 2010
URL: http://purl.umn.edu/96673

Impacts of Expanded Ethanol Production on Southern Agriculture
Provedor de dados: 31
Autores: Susanto,   Dwi; Rosson,   C. Parr, III; Hudson,   Darren.
This study analyzes the potential impacts of expanded ethanol production on southern agriculture. Results of regression analysis suggest that acreage planted for field crops (corn, cotton, soybeans, and wheat) is inelastic with respect to relative prices. The results provide statistical evidence of potential significant acreage shifts favoring corn over cotton, soybeans, and wheat. Simulations indicate that higher corn prices will increase corn acreage, but the South continues to be a deficit corn region. U.S. corn production is capable of supplying domestic demand for ethanol, feed for livestock and poultry, and other uses, while maintaining exports at more than 2 billion bushels annually.
Tipo: Journal Article
Palavras-chave: Acreage shifts; Corn exports; Ethanol production; Southern agriculture; Agribusiness; Environmental Economics and Policy; Production Economics; Research and Development/Tech Change/Emerging Technologies; Q11; Q42.
Ano: 2008
URL: http://purl.umn.edu/47200

THE WORLD TRADE ORGANIZATION AND SOUTHERN AGRICULTURE: THE COTTON PERSPECTIVE
Provedor de dados: 31
Autores: Hudson,   Darren.
The World Trade Organization (WTO) negotiations could have important implications for Southern Agriculture.  This paper explores some of the issues surrounding the WTO negotiations for cotton.  Specifically, this paper examines the impacts of the phase-out of the Multi-Fiber Arrangement (MFA) on the location of textile production and cotton trade flows. Generally, it is believed that the WTO negotiations will have little direct impact on cotton, but will have indirect impacts through textile policy.
Tipo: Working or Discussion Paper
Palavras-chave: Cotton; WTO; Trade; Textiles; MFA; International Relations/Trade.
Ano: 2000
URL: http://purl.umn.edu/15804

Factors Affecting Hedging Decisions Using Evidence from the Cotton Industry
Provedor de dados: 31
Autores: Isengildina,   Olga; Hudson,   Darren.
Few farmers utilize futures and options markets to price their crops despite significant educational efforts. This study seeks to analyze producer hedging behavior within the framework of the overall marketing behavior. Producer marketing behavior is modeled as a simultaneous choice between cash sales, cooperative marketing and forward contracts, and hedging. A multinomial logit model is used for empirical estimation using data from a survey administered to a sample of cotton producers from across the U.S. The most important factors that explain the use of forward pricing by cotton producers are producer preferences, farm size, use of crop insurance, risk aversion, income from government payments and off-farm income. Risk aversion, off-farm income, crop...
Tipo: Conference Paper or Presentation
Palavras-chave: Crop Production/Industries; Marketing.
Ano: 2001
URL: http://purl.umn.edu/18970

Changes in Price Behavior in the U.S. Catfish Industry: Evidence Using Cointegration
Provedor de dados: 31
Autores: Hudson,   Darren.
The implications of market development in the catfish industry on catfish price behavior are explored using cointegration. It is hypothesized that market development, through increases in competition between processors and shifts in consumer preferences toward fish, has caused changes in price behavior among levels of the catfish market. Using monthly catfish price data, a cointegration analysis of subsets of prices shows that price behavior has changed through time, with catfish prices becoming integrated as the number of processors has increased. These results may have implications for the examination of market price behavior in developing or emerging markets.
Tipo: Journal Article
Palavras-chave: Catfish; Cointegration; Price behavior; Vertically related markets; Agribusiness; Demand and Price Analysis; Livestock Production/Industries.
Ano: 1998
URL: http://purl.umn.edu/90441

The Effects of Domestic Offset Programs on the Cotton Market
Provedor de dados: 31
Autores: Pan,   Suwen; Hudson,   Darren; Mutuc,   Maria Erlinda M.
This paper analyzed the effects of the U.S. domestic offset program on the world cotton markets using a partial equilibrium model following the assumption given by Brown et al. (2010).  The results in our study are largely similar to those of Baker et al. and Brown et al., confirming that study’s findings that ACES, and its domestic offset program in particular, would cause increases in the domestic prices of several agricultural commodities. However, the overall effects of this increase in the world price on total world trade is tempered by increased exports from India, Brazil, Uzbekistan, Australia, and Western &amp; Central African countries.
Tipo: Conference Paper or Presentation
Palavras-chave: Offset program; Cotton; Agricultural and Food Policy; International Relations/Trade; Q170; Q180.
Ano: 2011
URL: http://purl.umn.edu/98557

SOYBEANS QUALITY PRICE DIFFERENTIALS FROM AN ELEVATOR'S PERSPECTIVE
Provedor de dados: 31
Autores: Murova,   Olga I.; Mumma,   Gerald A.; Hudson,   Darren; Couvillion,   Warren C.
Soybean prices are determined by interaction between various factors.  At an elevator, discount prices for unique characteristics can range from 0.02 cents per bushel to 7.71 cents per bushel of soybeans.  This variation suggests that producers of soybeans need quality-characteristic specific information concerning soybeans pricing at the market.  This study uses a hedonic model to evaluate price differentials associated with soybean quality based on grain elevator data during the 1998 production period.  Foreign material, moisture, bean damage, and net weight were found to significantly influence the cash price of soybeans.
Tipo: Conference Paper or Presentation
Palavras-chave: Hedonic; Quality; Discount; Crop Production/Industries; Demand and Price Analysis.
Ano: 1999
URL: http://purl.umn.edu/21523

POTENTIAL IMPLICATIONS OF PRODUCTION VARIABILITY ON AGRIBUSINESS: THE CASE OF COTTON GINNING IN MISSISSIPPI
Provedor de dados: 31
Autores: Boyd,   Shawn; Hudson,   Darren.
Cotton ginning represents an agribusiness that is heavily dependent on production agriculture.  Recent changes in farm legislation and other government policies may have a long run impact on the variability of cotton production.  This paper examines the potential impacts of increased production variability on the cotton ginning industry in Mississippi.  A programming model is used to derive the optimal structure of the ginning industry under certainty.  Potential implications of production variability are discussed and extensions to the model are proposed.
Tipo: Working or Discussion Paper
Palavras-chave: Cotton; Ginning; Production variability; Mathematical programming; Agribusiness.
Ano: 1999
URL: http://purl.umn.edu/15788

Determining Consumer Acceptance and Willingness to Pay for U.S. Farm-Raised Freshwater Prawns
Provedor de dados: 31
Autores: Hanson,   Terrill R.; Hudson,   Darren; Coggins,   Patti; Anderson,   Robert.
Tipo: Report
Palavras-chave: Food Consumption/Nutrition/Food Safety; Livestock Production/Industries.
Ano: 2008
URL: http://purl.umn.edu/55628

Global Cotton Baseline 2008-09 - 2018/19
Provedor de dados: 31
Autores: Hudson,   Darren; Pan,   Suwen; Mutuc,   Maria Erlinda M.; Yates,   Samantha.
ECONOMIC FUNDAMENTALS – Real GDP growth is projected at -2.16% in 2009 for developed countries before it slowly recovers to about 2.3% per year. Developing economies, on the other hand, are projected to grow by 2.6% in 2009 before they recuperate to an average of 5.3% thereafter. – A more favorable exchange rate between the Chinese yuan and the U.S. dollar will allow for U.S. cotton to be more affordable to China’s cotton textile industry.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2009
URL: http://purl.umn.edu/53152

Market Structure Impacts on Market Distortions from Domestic Subsidies: The U. S. Cotton Case
Provedor de dados: 31
Autores: Pan,   Suwen; Hudson,   Darren; Ethridge,   Don E.
This analysis uses a residual demand elasticity model to measure market power in the international cotton market. The results indicate that China exerts significant market power and affects cotton prices. Those results, combined with a partial equilibrium model of the international cotton market, are used to evaluate the welfare consequences of U.S. cotton subsidy policies for major cotton exporters under alternative assumptions about global market structure. The results indicate that the effects of U.S. subsidies on the world cotton price are much smaller under an imperfectly competitive international market than under a perfectly competitive market scenario; the former appears to be a realistic case.
Tipo: Journal Article
Palavras-chave: Global market structure; International trade; U.S. cotton commodity programs; Crop Production/Industries; Demand and Price Analysis; Financial Economics; International Relations/Trade; Land Economics/Use; Political Economy; Production Economics; Productivity Analysis.
Ano: 2010
URL: http://purl.umn.edu/98240

Expiring Temporary Safeguards on Apparel Trade Implications for U.S. Cotton
Provedor de dados: 31
Autores: Mutuc,   Maria Erlinda M.; Hudson,   Darren; Ethridge,   Darren; Mohanty,   Mohamadou.
The 1995 Agreement on Textiles and Clothing (ATC) provided for the calculated liberalization of the textiles and apparel sectors over a 10-year period except for some safeguard measures ending on December 31, 2008. These safeguard measures allowed for import restrictions by the U.S. on certain categories of cotton apparel from China. Using a price equilibrium simulation model of the U.S. cotton and cotton apparel markets, results point to lower cotton apparel prices in the U.S. by as much as $0.11/lb while U.S. cotton prices decline by less than $0.01/lb once these safeguards expire.
Tipo: Thesis or Dissertation
Palavras-chave: Agricultural and Food Policy.
Ano: 2008
URL: http://purl.umn.edu/53166

CROSS-COMMODITY PERSPECTIVE ON CONTRACTING:  EVIDENCE FROM MISSISSIPPI
Provedor de dados: 31
Autores: Hudson,   Darren.
This analysis presents the results of a survey of agricultural producers in Mississippi regarding their use of contracting.  The study focuses on cross-commodity differences in contracting and the variable underlying contracting.  Logistic regression models are used to examine the impacts of variables coming from transactions cost economics and risk on contracting decisions.  Support is found for the effects of transactions cost, but price risk is not found to be an important determinant of contracting decisions.
Tipo: Working or Discussion Paper
Palavras-chave: Farm Management.
Ano: 2001
URL: http://purl.umn.edu/15800

Impact of Hunting and Fishing on Mississippi Counties
Provedor de dados: 31
Autores: Whittington,   Andrew; Parkhurst,   Gregory M.; Hudson,   Darren; Buller,   Virginia.
Mississippi is largely agricultural with access to many watersheds, the combination of which makes the state attractive to hunters and fishermen.  This paper investigates the impact of hunting/fishing on the sales tax revenue in the counties of Mississippi.  Our results indicate that a 1% increase in the non-resident hunting/fishing license sold increases tax revenue by $14,535.65 per county on average.
Tipo: Conference Paper or Presentation
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2005
URL: http://purl.umn.edu/35525

Macroeconomic Impacts of Water Use in Agriculture
Provedor de dados: 31
Autores: Weinheimer,   Justin; Wheeler-Cook,   Erin; Ethridge,   Don E.; Hudson,   Darren.
The recent/current recession provides the opportunity to study the effects of the macroeconomic changes on the agricultural production systems in the Great Plains and trace some of its impacts through the system to changes in primary inputs such water resource use.  Therefore, the objective of the study reported here was to determine the effects of the changes in macroeconomic conditions driven by the 2008 recession on irrigated crop production in a portion of the Southern Great Plains and its impacts on water use. The approach for the study was to: (1) use the 10-year baseline FAPRI projections, based on changes in macroeconomic conditions, of agricultural commodity prices and input costs between the beginning of 2008 and the beginning of 2009, and (2)...
Tipo: Conference Paper or Presentation
Palavras-chave: Ogallala Aquifer; Recession; Macroeconomic; Crop Production/Industries; Demand and Price Analysis; Environmental Economics and Policy; Land Economics/Use; Production Economics; Resource /Energy Economics and Policy; E00; Q15; Q30; Q31.
Ano: 2010
URL: http://purl.umn.edu/56456

Toward a Consumer Economy in China: Implications of Changing Wage Policies for U.S. Cotton Exports
Provedor de dados: 31
Autores: MacDonald,   Stephen; Pan,   Suwen; Hudson,   Darren; Tuan,   Francis C.
The effect of a Chinese minimum wage increase on China’s textile market as well as on the world cotton market is evaluated. Based on a Nonlinear Quadratic Almost Ideal Demand System (NQAIDS) model of China’s textile demand, the results suggest that the income elasticity for textiles is around 0.6 in China, and that apparel is less price responsive than home textiles and other textile products.  Simulation results suggest that a minimum wage increase would raise Chinese domestic textile consumption and lower Chinese textile exports. Most of the decline in textile exports by China is offset by expansion in other countries’ domestic textile production and results in a slight increase in world cotton mill utilization and higher clothing prices.
Tipo: Conference Paper or Presentation
Palavras-chave: Nonlinear Quadratic Almost Ideal Demand System (NQAIDS); Cotton; Clothing; China; Trade; Industrial policy; Demand and Price Analysis; International Development; International Relations/Trade; Q17; Q18; R34; R21.
Ano: 2011
URL: http://purl.umn.edu/103615

PREDICTED VS. ESTIMATED WELFARE MEASURES: A TEST OF THE BENEFITS TRANSFER METHOD
Provedor de dados: 31
Autores: Intarapapong,   Walaiporn; Hite,   Diane; Jaafar,   Abdul H.; Hudson,   Darren.
Estimating non-market value on a site-by-site basis is a costly and time-consuming task. Benefits transfer is an alternative approach.  We attempt to assess the bias and reliability of predicted value from the benefit transfer approach, using the U.S. Fish and Wildlife Services'’ National Survey of Fishing, Hunting and Wildlife Associated Recreation
Tipo: Conference Paper or Presentation
Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2000
URL: http://purl.umn.edu/21748

Activists and Corporate Behavior in Food Processing and Retailing: A Sequential Bargaining Game
Provedor de dados: 31
Autores: Hudson,   Darren; Lusk,   Jayson L.
This study examines the strategic interaction between food companies and activists using a game theoretic model of sequential bargaining in the absence of complete information. In a rather confined set of circumstances, findings indicate it is always in the best interest of the food company to comply with activists' demands. More frequently, however, there will be cases where compliance is not optimal, depending on the size of the expected effect of protest, cost of defending against protest, and the cost of protest to the activist.
Tipo: Journal Article
Palavras-chave: Activists; Corporate behavior; Food industries; Sequential bargaining game; Agribusiness.
Ano: 2004
URL: http://purl.umn.edu/31137

A Comparison Of Choice Experiments And Actual Grocery Store Behavior: An Empirical Application To Seafood Products
Provedor de dados: 31
Autores: Hudson,   Darren; Gallardo,   Rosa Karina; Hanson,   Terrill R.
In this paper we compare results from an in-store field experiment and a mail survey choice experiment (CE) to investigate CE’s capacity in predicting grocery store market share. For the comparison, we used three seafood products: freshwater prawns, marine shrimp, and lobster. CE estimates were obtained via four econometric models: the conditional logit, the random parameter logit, the heteroskedastic extreme value, and the multinomial probit. We found that the level of control in the grocery store experiment and the choice of econometric model influenced the capacity of CE to predict grocery store market shares.
Tipo: Article
Palavras-chave: Choice experiment; Grocery store; Hypothetical bias; Food Consumption/Nutrition/Food Safety; Marketing; C35; Q13.
Ano: 2012
URL: http://purl.umn.edu/120453

DEMAND FOR TANF IN MISSISSIPPI
Provedor de dados: 31
Autores: Swindell,   James W., Jr.; Martin,   Steven W.; Reinschmiedt,   Lynn L.; Hudson,   Darren.
The federal to state devolution of welfare programs accent the need for state and local policy makers to anticipate aggregate welfare demand.  Pooled regression analysis using six years of county-level Mississippi TANF data identified effects of rurality, education, unemployment, poverty levels, and family structure on caseload numbers.
Tipo: Conference Paper or Presentation
Palavras-chave: Food Security and Poverty; Public Economics.
Ano: 1999
URL: http://purl.umn.edu/21680

A PRELIMINARY ECONOMIC ASSESSMENT OF ROUNDUP READY SOYBEANS IN MISSISSIPPI
Provedor de dados: 31
Autores: Couvillion,   Warren C.; Kari,   Fatimah; Hudson,   Darren; Allen,   Albert J.
The advent of genetically altered seed has had a revolutionary effect on the cotton, soybean, and corn seed industries. The basic premise for the use of these seed are to reduce costs through lower applications of chemicals and savings on trips through the field, thus, lowering production costs. Seed companies, however, charge a premium and a fee for use of the seed. This paper compares the costs associated with conventional and roundup ready soybeans. Data were collected from the ACost of Production@ survey of Mississippi producers that is administered by Mississippi State University through the National Agricultural Statistics Service. The survey is a random sample of producers fields that allows for a derivation of the cost of production for each field....
Tipo: Working or Discussion Paper
Palavras-chave: Soybeans; Genetically altered seed; Roundup ready; Costs of production; Production Economics.
Ano: 2000
URL: http://purl.umn.edu/15783

The Value of Hunting Package Attributes
Provedor de dados: 31
Autores: Buller,   Virginia; Hudson,   Darren; Parkhurst,   Gregory M.; Whittington,   Andrew.
Economic impacts of hunting activities reveals opportunities for landowners to capitalize on apparent market demand for fee-access hunting.  This paper discusses the marginal values of hunting package attributes.  The results will provide landowners the information needed to make optimal management decision.
Tipo: Conference Paper or Presentation
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2005
URL: http://purl.umn.edu/35643

What Drives Commodity Prices More: Oil Demand or Supply Shocks?
Provedor de dados: 31
Autores: Mutuc,   Maria Erlinda M.; Pan,   Suwen; Hudson,   Darren.
This paper shows that the response of agricultural commodity prices in the U.S. related to fluctuations in oil prices in the international market may differ greatly depending on whether the increase is driven by demand or supply shocks in the crude oil market. In the long-run, around 2-7 percent of the variability in grains, oilseeds, and cotton prices can be attributed to shocks to aggregate demand for industrial commodities while none can be traced to oil supply shocks.  This paper improves on the lack of economic structure in VAR models employed so far, and on the issue of short datasets, contributes to the nascent empirical evidence, and identifies the transmission of different types of oil price shocks to movements in agricultural prices in a SVAR...
Tipo: Conference Paper or Presentation
Palavras-chave: Cotton; Wheat; Corn; Soybeans; Crude oil; Oil price shocks; Demand shocks; Supply shocks; Structural vector autoregression (SVAR); Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; Q11; Q41.
Ano: 2010
URL: http://purl.umn.edu/61070

IMPACTS OF CORN AND SOYBEAN MEAL PRICE CHANGES ON THE DEMAND AND SUPPLY OF U.S. BROILERS
Provedor de dados: 31
Autores: Pothidee,   Ajchara; Allen,   Albert J.; Hudson,   Darren.
This study examined factors that affected the prices of corn and soybean meal and the impact of these prices on market demand and supply for U.S. broilers.  An econometric model consisting of four structural equations and one identity was formulated and estimated using quarterly data from 1976 to 1996.  One of the results reveals that soybean meal price flexibilities with respect to soybean prices were highly elastic in both the short and long run.  This means that changes in soybean prices have a relatively large effect on meal price.  In contrast, meal price and oil price moved in opposite directions.  An increase in oil price encourages an increase in crushing oilseeds, resulting in an increase in both oil and meal supply.  In addition, results...
Tipo: Conference Paper or Presentation
Palavras-chave: Demand and Price Analysis.
Ano: 1999
URL: http://purl.umn.edu/21602

An Estimation of the Demand for Dried Distiller Grains by the Cattle Feeding Industry:  A Combination of Survey Methods and Market Projections
Provedor de dados: 31
Autores: Wright,   Andrew P.; Mitchell,   Donna; Hudson,   Darren.
Tipo: Presentation
Palavras-chave: Livestock Production/Industries; Production Economics.
Ano: 2012
URL: http://purl.umn.edu/119947

A Two-Step Auction in the Presence of Negative Values: An Application to “Farm-Raised” Pre-Cooked Roast Beef
Provedor de dados: 31
Autores: Nalley,   Lawton Lanier; Hudson,   Darren.
Uniform auctions are commonly used to elicit willingness to pay for new or novel products, product attributes, or non-market goods. However, most auctions or other contingent-valuation techniques do not allow for negative values, despite the fact that many consumers hold negative values for these products or product attributes. We conducted a WTP auction for a new product along with a within-sample WTA second auction allowing for negative responses. We find that failing to allow for negative values significantly inflates willingness to pay estimates and estimates of expected market share. This paper provides a method of incorporating negative values into auctions and willingness to pay elicitation.
Tipo: Journal Article
Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2009
URL: http://purl.umn.edu/99790

A Note on Price Information in Commodity Markets with Evidence from the Cotton Market
Provedor de dados: 31
Autores: Hudson,   Darren; Ethridge,   Don E.; Segarra,   Eduardo.
Theory and analysis of price information and its importance have typically assumed that the information is correct.  Additionally, most analyses have centered on general price information assuming homogeneous products.  This paper examines the implications of incorrect price information on the basis of quality, with evidence from prior research on cotton prices used as an illustration.  Results of a conceptual analysis indicate that quality has direct implications on the production and marketing process.  Incorrect information on prices of different quality leads to distortions in the market and market inefficiency.
Tipo: Report
Palavras-chave: Agricultural and Food Policy; Demand and Price Analysis.
Ano: 1997
URL: http://purl.umn.edu/53174

The Impacts of Taste, Location of Origin, and Health Information on Market Demand for Sweet Potatoes
Provedor de dados: 31
Autores: Nalley,   Lawton Lanier; Hudson,   Darren; Parkhurst,   Gregory M.
Location of product origin is an often-used marketing device by retailers.  This approach is based on the assumption that location of origin signals something to consumers about the underlying quality (or other attributes) of the product.  This can be an effective strategy if the signal matches the consumer valuation of the product after consumption.  In the same vein, health advertising is used to increase demand for a product that exhibits "healthy" dietary attributes.  While there have been numerous studies examining the potential impacts of these attributes on demand, there have been few rigorous studies that examine the consistency of consumer valuations of location of origin before and after they have actually consumed the product (or before and...
Tipo: Working or Discussion Paper
Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2004
URL: http://purl.umn.edu/15791

Effects of Seed and Farm Characteristics on Cottonseed Choice:  A Choice-Based Conjoint Experiment in the Mississippi Delta
Provedor de dados: 31
Autores: Banerjee,   Swagata (Ban); Hudson,   Darren; Martin,   Steven W.
Producers’ preferences for cottonseed with respect to price, seed type, yield, and fiber quality are examined by a willingness-to-pay approach via mail surveys.  Results indicate a positive willingness to pay (WTP) for technology relative to conventional cottonseed, and WTP increases with the level of technology.  Yield and quality also show a positive WTP.  Larger farms have a higher WTP for technology, and farms with more farm labor have a lower WTP for technology.  These results suggest economies of size in technology adoption (biotechnology is not size-neutral) and that labor and biotechnology are direct substitutes.
Tipo: Journal Article
Palavras-chave: Biotechnology; Conjoint analysis; Conjoint (choice) experiment; Cotton; Farm labor; Farm size; Fiber quality; Willingness to pay (WTP); D24; Q12; Q16.
Ano: 2007
URL: http://purl.umn.edu/37054

Consistency of Consumer Valuation Under Different Information Sets: An Experimental Auction with Sweet Potatoes
Provedor de dados: 31
Autores: Nalley,   Lawton Lanier; Hudson,   Darren; Parkhurst,   Gregory M.
We used a controlled, uniform 5th-price auction to elicit values for sweet potatoes—both when location is known and unknown, and before and after tasting and providing health information. Significant differences were found between pre- and post-consumption valuations and also found that there were significant effects for location of origin and health information. Interestingly, we also find that location of origin not only affects the level of bids, but also the marginal differences in bids between different potatoes. Overall, however, these results suggest little consistency in bid values across information sets, suggesting that attempting to elicit values of attributes in isolation may lead to erroneous results.
Tipo: Journal Article
Palavras-chave: Consumer/Household Economics; Demand and Price Analysis.
Ano: 2006
URL: http://purl.umn.edu/7063

An Overview of the Cotton and Textile Industries in India
Provedor de dados: 31
Autores: Chakraborty,   Kalyan; Hudson,   Darren; Ethridge,   Don E.; Misra,   Sukant K.; Kar,   Gyana.
Tipo: Report
Palavras-chave: India; Cotton; Textile; Industries; Agricultural and Food Policy; International Relations/Trade.
Ano: 1999
URL: http://purl.umn.edu/53178

An Analysis of the Feasibility of Carbon Management Policies as a Mechanism to Influence Water Conservation Using Optimization Methods
Provedor de dados: 31
Autores: Wright,   Andrew P.; Hudson,   Darren.
Tipo: Presentation
Palavras-chave: Environmental Economics and Policy.
Ano: 2012
URL: http://purl.umn.edu/119819

WILLINGNESS TO PLANT IDENTITY PRESERVED CROPS: THE CASE OF MISSISSIPPI SOYBEANS
Provedor de dados: 31
Autores: Hudson,   Darren; Jones,   Tom.
The willingness to plant identity preserved (IP) crops was examined using Mississippi soybean producers as an example.  A contingent valuation framework was used to assess the impacts of offered premiums on a producer's probability of planting IP soybeans.  Findings suggest that offered premiums significantly affect planting decisions.  In addition, desire to learn more about IP production was found to increase the probability of planting, suggesting that desire to learn leads to experimentation.  Finally, prior knowledge or experience planting IP crops significantly decreased the probability of planting.
Tipo: Journal Article
Palavras-chave: Identity preservation; Soybeans; Contingent valuation; Experimentation; Logit; Probit; Crop Production/Industries; Q13; Q16.
Ano: 2001
URL: http://purl.umn.edu/15444

Estimation of Farm-Forward Regional Economic Impacts for the North Plains Groundwater Conservation District in Texas
Provedor de dados: 31
Autores: Guerrero,   Bridget L.; Dudensing,   Rebekka M.; McCorkle,   Dean A.; Hanselka,   Daniel D.; Hudson,   Darren; Amosson,   Stephen H.
Impacts of alternative agricultural water conservation strategies are being evaluated in the Texas Panhandle.  Stakeholders have expressed concern that all effects need to be accounted for including the regional economy. A methodology was developed to evaluate the effects on the backward and forward-linked processing sectors and differentiated results are presented.
Tipo: Presentation
Palavras-chave: Backward-linked; Forward-linked; IMPLAN; Ogallala Aquifer; Water policy; Resource /Energy Economics and Policy; Q18; Q32; Q38.
Ano: 2012
URL: http://purl.umn.edu/119823

MERGERS, ACQUISITIONS, JOINT VENTURES, AND STRATEGIC ALLIANCES IN AGRICULTURAL COOPERATIVES
Provedor de dados: 31
Autores: Hudson,   Darren; Herndon,   Cary W., Jr.
A recent merger "wave" has occurred within the economy, including the agricultural sector.  Some research has been conducted on publicly traded companies, but there is little information available on merger activity within agricultural cooperatives.  This paper presents the results of a recent survey of agricultural cooperatives and attempts to identify major trends in merger activity within cooperatives.
Tipo: Working or Discussion Paper
Palavras-chave: Mergers; Acquisitions; Joint ventures; Strategic alliances; Cooperatives; Surveys; Agribusiness.
Ano: 2000
URL: http://purl.umn.edu/15799

Discussion: The Economics of Animal Welfare
Provedor de dados: 31
Autores: Hudson,   Darren.
This discussion highlights some of the strengths and weaknesses of the literature on animal welfare. Most pointedly, the literature on the economics of animal welfare is quite scant. As exemplified by these papers, however, there is a growing body of literature, especially those related to added costs of production and consumer demand for animal welfare attributes.
Tipo: Journal Article
Palavras-chave: Animal welfare; Cost estimates; Willingness to pay; Consumer research; Agribusiness; Agricultural and Food Policy; Farm Management; Livestock Production/Industries; Q13; Q16; Q18.
Ano: 2010
URL: http://purl.umn.edu/92579

Optimal Hedging Strategies for Early-Planted Soybeans in the South
Provedor de dados: 31
Autores: Sayle,   James; Anderson,   John D.; Coble,   Keith H.; Hudson,   Darren.
Soybean production in the South has evolved over recent years from conventional soybean production systems (CSPS) in which soybeans are planted after May 1st to early soybean production systems (ESPS) in which soybeans are planted as early as mid-March.  The shift was aided by the advent of herbicide-tolerant genetically modified soybeans and a shift toward minimum or no-till seedbed preparation.  The ESPS provide an advantage over the CSPS by allowing the crop to surpass critical growth stages before encountering significant environmental, pest, or disease pressure.  The CSPS harvest date only allows for hedging on the November contract, but the ESPS harvest date is generally before September, allowing the producer to hedge on the September contract....
Tipo: Conference Paper or Presentation
Palavras-chave: Marketing.
Ano: 2006
URL: http://purl.umn.edu/21200

Industry Organization and Output Size Distribution of Cotton Gins in the U.S.
Provedor de dados: 31
Autores: Mutuc,   Maria Erlinda M.; Hudson,   Darren.
Selected Paper prepared for presentation at the Southern Agricultural Economics Association Annual Meeting, Orlando, FL, February 6-9, 2010
Tipo: Conference Paper or Presentation
Palavras-chave: Cotton; Cotton gins; Transitional probabilities; Markov; Minimum efficient scale; Crop Production/Industries; Industrial Organization.
Ano: 2010
URL: http://purl.umn.edu/96676

LESSONS LEARNED FROM THE PHASE-OUT OF THE MFAs: MOVING FROM MANAGED DISTORTION TO MANAGED DISTORTION
Provedor de dados: 31
Autores: Hudson,   Darren; Ethridge,   Don E.; Mutuc,   Maria Erlinda M.
Paper presented at 69th ICAC Meetings, Lubbock, TX, September 2010
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural and Food Policy; International Relations/Trade.
Ano: 2010
URL: http://purl.umn.edu/96674

The Global Competitiveness of the North American Livestock Industry
Provedor de dados: 31
Autores: Adcock,   Flynn J.; Hudson,   Darren; Rosson,   C. Parr, III; Harris,   Harold M., Jr.; Herndon,   Cary W., Jr.
Tipo: Journal Article
Palavras-chave: Livestock Production/Industries; F14; Q17.
Ano: 2006
URL: http://purl.umn.edu/94385

The Impacts of the Elimination of Cotton Storage Credits on the U.S. Cotton Industry
Provedor de dados: 31
Autores: Hudson,   Darren; Pan,   Suwen.
The impacts of the removal of the cotton storage credit were modeled using the Global Fibers Model at the Cotton Economics Research Institute at Texas Tech University. A 5-year baseline was estimated under existing policy. The impacts of removing the storage credit was simulated and compared with the baseline.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2009
URL: http://purl.umn.edu/53141

CONTRACTING IN AGRICULTURE: A PRIMER FOR FARM LENDERS
Provedor de dados: 31
Autores: Hudson,   Darren.
Contracting in agriculture has increased over the past several decades. This activity has heightened concerns about  concentration, market power, and farmer welfare. The purpose of this paper is to describe some of the underlying motivations for contracting and to highlight some of the trade-offs made when making contracting decisions. These illustrations are intended to inform readers of the economic conditions for contracting, not provide empirical evidence of their implications, costs, or benefits.
Tipo: Working or Discussion Paper
Palavras-chave: Contracting; Asset specificity; Transaction costs; Farm Management.
Ano: 2000
URL: http://purl.umn.edu/15789

Acquisitions and Integration in the Beef Industry
Provedor de dados: 31
Autores: Anderson,   John D.; Hudson,   Darren.
Tipo: Report
Palavras-chave: Industrial Organization; Livestock Production/Industries; L11; L41; L42; Q13.
Ano: 2008
URL: http://purl.umn.edu/93678

WILLINGNESS TO PAY FOR WATER QUALITY IMPROVEMENTS:  THE CASE OF PRECISION APPLICATION TECHNOLOGY
Provedor de dados: 31
Autores: Hite,   Diane; Hudson,   Darren; Intarapapong,   Walaiporn.
A contingent valuation survey conducted in Mississippi is used to assess public willingness to pay for reductions in agricultural nonpoint pollution.  The analysis focuses on implementation of a policy to provide farmers with precision application equipment to reduce nutrient runoff.  Findings suggest public support exists for such policies.  This study also finds that inclusion of debriefing questions can be used to refine willingness-to-pay estimates in contingent valuation studies.  A nonparametric scope test suggests respondents are sensitive to level of runoff reduction and associated water-quality benefits.
Tipo: Journal Article
Palavras-chave: Environmental Economics and Policy.
Ano: 2002
URL: http://purl.umn.edu/31120

QUANTIFYING THE DIFFERENCES IN MANAGEMENT GOALS AND TECHNOLOGY CHOICE IN PEANUT PRODUCTION
Provedor de dados: 31
Autores: Watson,   Susan; Hudson,   Darren; Segarra,   Eduardo.
Precision farming and whole-field farming are compared with respect to yields, net present value of returns above nitrogen and water costs (NPVR), and nitrogen application rates to determine the differences in management practices.  Precision farming yields, NPVR, and nitrogen application levels are then compared under yield maximizing verses profit maximizing strategies.  The results quantify the gains from technology and management goals of peanut producers and suggest the technology effect is greater than the management effect.
Tipo: Conference Paper or Presentation
Palavras-chave: Crop Production/Industries.
Ano: 2004
URL: http://purl.umn.edu/34606

Darren Hudson
Provedor de dados: 31
Autores: Hudson,   Darren.
Tipo: Journal Article
Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 2011
URL: http://purl.umn.edu/113914

The Impact of Hunting Package Attributes on Hunting Package Prices in Mississippi
Provedor de dados: 31
Autores: Buller,   Virginia; Hudson,   Darren; Parkhurst,   Gregory M.; Whittington,   Andrew.
Potential economic impacts of hunting activities suggested opportunities for non-industrial private landowners in Mississippi to capitalize on apparent market demand for fee-access hunting.  Data were collected from outfitting individuals/firms operating within Mississippi to analyze the impact of hunting package attributes on package prices.  Generally, package prices were directly related to the length of the package in days, with the increase in price decreasing with each additional day.  Provision of other amenities such as lodging as well as joint activities such as fishing also increased package prices.  Finally, there were differences in package prices depending on species being hunted.  These results provide landowners with added information about...
Tipo: Working or Discussion Paper
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2006
URL: http://purl.umn.edu/15798

Willingness to Pay for a Potential Insurance Policy: Case Study of Trout Aquaculture
Provedor de dados: 31
Autores: Shaik,   Saleem; Coble,   Keith H.; Hudson,   Darren; Miller,   James C.; Hanson,   Terrill R.; Sempier,   Stephen H.
Using trout producer survey data and the contingent valuation method, we estimate willing-ness to pay for a potential insurance policy. The survey was conducted in 2005 across the United States; 268 producers completed the survey instrument, resulting in a response rate of 81 percent. Design of the contingent valuation method takes into account two coverage levels and four premium rates. Using standard willingness-to-pay techniques, we assess the premium rate that producers with varying practices and regions are willing to pay for two different cov-erage levels of insurance. In general, trout producers appear willing to pay premium rates of 2 to 11 percent for these coverage levels.
Tipo: Journal Article
Palavras-chave: Willingness to pay; Subjective elicitation and survey data; Aquaculture trout insurance; Livestock Production/Industries; Risk and Uncertainty.
Ano: 2008
URL: http://purl.umn.edu/44737

The Impacts of Increased Minimum Support Prices in India on World and U.S. Cotton Markets
Provedor de dados: 31
Autores: Pan,   Suwen; Hudson,   Darren; Mutic,   Maria.
Domestic subsidies for cotton and other commodities have been a major topic of interest, especially during the Doha Round of the World Trade Organization trade negotiations. Many developing countries have insisted that domestic subsidies in countries like the United States represent significant trade barriers because they lower world price below their cost of production. India, Brazil, and other developing countries intimate that unless these domestic subsidies are lowered, they are unwilling to provide any more market access concessions in trade negotiations.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2009
URL: http://purl.umn.edu/53143

THE ECONOMIC AND ENVIRONMENTAL IMPACTS OF VARIABLE RATE FERTILIZER APPLICATION: THE CASE OF MISSISSIPPI
Provedor de dados: 31
Autores: Intarapapong,   Walaiporn; Hite,   Diane; Hudson,   Darren.
A number of programs have been introduced to limit environmental nonpoint pollution (NPP) associated with agricultural practices.  One such program, precision agriculture, involves a range of management practices that utilize site-specific information at the field level.  These practices can limit the amount of nutrient and chemical runoff to the environment because they precisely match fertilizer and pesticide application to the needs of the crop.  This study uses bioeconomic modeling to investigate the environmental and economic impacts of precision agriculture technology associated with variable rate fertilizer application, as compared to a conventional, single rate application.  The empirical results demonstrate that one particular precision...
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy.
Ano: 2002
URL: http://purl.umn.edu/15801

Global Cotton Baseline 2010/11 - 2020/21
Provedor de dados: 31
Autores: Hudson,   Darren; Pan,   Suwen; Mutuc,   Maria Erlinda M.; Yates,   Samantha; Ethridge,   Don E.
Tipo: Report
Palavras-chave: Global cotton outlook; Agribusiness; Agricultural and Food Policy.
Ano: 2011
URL: http://purl.umn.edu/109748

Global Cotton Baseline 2009/10 - 2019/20
Provedor de dados: 31
Autores: Hudson,   Darren; Pan,   Suwen; Mutuc,   Maria Erlinda M.; Yates,   Samantha; Ethridge,   Don E.
Tipo: Report
Palavras-chave: International Development.
Ano: 2010
URL: http://purl.umn.edu/94188

Can We Predict Student Success in Agricultural Economics Graduate Programs?
Provedor de dados: 31
Autores: Ethridge,   Don E.; Hudson,   Darren.
Criteria for admission to graduate programs are used by departments and graduate schools to identify characteristics assumed to be associated with “success”. They allow for more uniformity in student ability and preparation so graduate education is more efficient. This study analyzes the relationship between selected student characteristics and experience and two proxies for “success”—graduate GPA and the probability of completing an Agricultural Economics graduate program. Data are from past students in the Department of Agricultural Economics at Texas Tech University. Statistical differences among the means of student characteristics were evaluated, a regression model was estimated to predict graduate GPA, and a logistical regression was estimated to...
Tipo: Journal Article
Palavras-chave: Graduate admissions; GRE scores; GPA; Logistical regression; Agribusiness; Teaching/Communication/Extension/Profession.
Ano: 1996
URL: http://purl.umn.edu/90394

Parental Motivation in Family Farm Intergenerational Transfers
Provedor de dados: 31
Autores: Lange,   Kelly Y.; Johnson,   Jeffrey W.; Johnson,   Phillip N.; Hudson,   Darren; Belasco,   Eric J.
An intergenerational transfer model incorporating both altruism and exchange is presented for family farm transfers.  A simulation study is conducted to test parental motivation in intergenerational transfers of family farm businesses.  Results indicated that family farm intergenerational transfers are altruistically motivated.
Tipo: Conference Paper or Presentation
Palavras-chave: Family Farms; Intergenerational Transfer; Family Farm Succession; Consumer/Household Economics; Farm Management; Q10; Q12.
Ano: 2011
URL: http://purl.umn.edu/103231

Sino-U.S. Price Transmission in Agricultural Commodities: How Important are Exchange Rate Movements?
Provedor de dados: 31
Autores: Mutuc,   Maria Erlinda M.; Pan,   Suwen; Hudson,   Darren.
Commodity price transmissions between China and the U.S. are examined.  The results indicate that variations in Chinese cotton and soybean prices are transmitted to U.S. cotton and soybean prices while variations in Chinese wheat and rice prices do not get transmitted to U.S. wheat and rice prices. The effects of volatilities in oil prices and in the exchange rate on the price transmission are also assessed.
Tipo: Conference Paper or Presentation
Palavras-chave: Rice; Soybean; Cotton; Wheat; China; U.S.; Price transmission; Exchange rate; Agricultural and Food Policy; Demand and Price Analysis; Q11; Q17.
Ano: 2011
URL: http://purl.umn.edu/103459

The Impacts of Eliminating the Direct Payments on the U.S. Cotton Market
Provedor de dados: 31
Autores: Pan,   Suwen; Hudson,   Darren; Mutuc,   Maria Erlinda M.
This study analyzes the effects of eliminating direct payments paid to cotton farmers in the U.S. Our results suggest that while the impact of eliminating direct payments on domestic production is offset to some extent by rising prices, the more significant effect is on farmers’ net income.
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural and Food Policy; Production Economics.
Ano: 2011
URL: http://purl.umn.edu/98627

MARKETING PRACTICES AND MARKET CHANNEL UTILIZATION BY MISSISSIPPI SOYBEAN PRODUCERS
Provedor de dados: 31
Autores: Hudson,   Darren; Jones,   Tom.
This paper examines current marketing practices by Mississippi soybean producers as well as willingness to participate in a marketing cooperative and willingness to plant Identity Preserved soybeans. In general, most Mississippi soybean producers utilize cash sales at harvest or forward contracting as primary marketing tools. Use of futures and options is found to increase with farm size. Willingness to participate in a marketing cooperative (pool) is found to be effected by use of cash sales at harvest as a primary marketing tool, money spent on gathering marketing information, previous experience with marketing pools, and age of the respondent. Willingness to plant Identity Preserved soybeans is directly related to offered premiums.
Tipo: Working or Discussion Paper
Palavras-chave: Soybeans; Marketing; Cooperative; Identity preserved; Marketing.
Ano: 2000
URL: http://purl.umn.edu/15795

CREDENCE ATTRIBUTES, CONSUMER VALUATION, AND ENDOWMNET EFFECTS IN AUCTIONS: THE CASE OF SWEET POTATOES
Provedor de dados: 31
Autores: Nalley,   Lawton Lanier; Hudson,   Darren; Parkhurst,   Gregory M.
There have been few studies that examine valuations of location of origin before and after consumers have consumed the product (or health advertising). Results of non-hypothetical experiments show that knowledge of origin does have an impact on valuation as well as the taste attribute (experience) and the health attribute (credence).
Tipo: Conference Paper or Presentation
Palavras-chave: Consumer/Household Economics.
Ano: 2004
URL: http://purl.umn.edu/35535

The WTO Cotton Case and US Domestic Policy
Provedor de dados: 31
Autores: Hudson,   Darren; Rosson,   C. Parr, III; Robinson,   John R.C.; Malaga,   Jaime E.
Tipo: Journal Article
Palavras-chave: Crop Production/Industries; International Relations/Trade.
Ano: 2005
URL: http://purl.umn.edu/93491

The Effect of Water Use and Water Availability on Net Revenues and Optimal Cropping Patterns on the Texas High Plains
Provedor de dados: 31
Autores: Wright,   Andrew P.; Hudson,   Darren.
Agricultural production in the High Plains region of Texas is a part of the foundation of the region’s economy.  Part of the reason for this is the availability of groundwater for irrigation.  Currently, the region relies on the Ogallala Aquifer for irrigation water; however, the High Plains is also home to a second aquifer, the Dockum Aquifer, which could be a viable resource for agricultural use.  While the Dockum could partially replace the Ogallala, but differences in depth and pumping cost mean that it is not a perfect subsitute.  The purpose of this paper is to determine how the use of water resources and crop production in the area would change if a new water resource was introduced.  For each of the forty-one counties in the study area, a...
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural and Food Policy; Crop Production/Industries; Resource /Energy Economics and Policy.
Ano: 2011
URL: http://purl.umn.edu/98802

Potential Impact of Country-of-Origin Labeling on Beef Industry Structure
Provedor de dados: 31
Autores: Anderson,   John D.; Hudson,   Darren.
Tipo: Journal Article
Palavras-chave: International Relations/Trade; Livestock Production/Industries.
Ano: 2004
URL: http://purl.umn.edu/93392

Problem Solving and Hypothesis Testing Using Economic Experiments
Provedor de dados: 31
Autores: Hudson,   Darren.
The roots and uses of economic experiments in problem solving and hypothesis testing are explored in the present article.  The literature suggests that the primary advantage of economics experiments is the ability to use controlled stimuli to test economic hypotheses.  Other literature also suggests that experiments are useful in problem solving settings.  The advantages and disadvantages of experiments are discussed.
Tipo: Journal Article
Palavras-chave: Experiments; Problem solving; Hypothesis testing; C81; C91; C92; C93.
Ano: 2003
URL: http://purl.umn.edu/43209

Target Markets for Grain and Cotton Marketing Consultants and Market Information Systems
Provedor de dados: 31
Autores: Vergara,   Oscar; Coble,   Keith H.; Hudson,   Darren; Knight,   Thomas O.; Patrick,   George F.; Baquet,   Alan E.
This paper examines the use of market consultants and market information systems by grain and cotton producers. A model of producer demand for marketing information and consultants is proposed that decomposes price received into exogenous and endogenous components. The analysis is based on a survey of over 1,600 producers.  The results suggest that expenditures on market information systems and market consultants are not independent and, more specifically, expenditures on marketing consultants substitute for expenditures on market information systems.
Tipo: Journal Article
Palavras-chave: Expected utility; Market information; Marketing; Risk; Tobit; Marketing.
Ano: 2005
URL: http://purl.umn.edu/30780

AN AUTOMATED ECONOMETRIC APPROACH FOR ESTIMATING AND REPORTING DAILY COTTON MARKET PRICES
Provedor de dados: 31
Autores: Brown,   Jeff E.; Ethridge,   Don E.; Hudson,   Darren; Engels,   Carlos.
An automated price reporting system developed through computer technology and hedonic price theory is used to estimate daily cotton market prices, premiums, and discounts. This objective approach for reporting cotton market prices was developed to complement the objective measures of high volume instrument grading of cotton. The computerized, econometric system is limited to the Texas and Oklahoma marketing regions where sales are readily available from electronic markets. The econometric based system has shown all the characteristics of an efficient price reporting system; it is accurate, reliable, consistent, and repeatable in its working process and price estimates.
Tipo: Journal Article
Palavras-chave: Computer automation; Cotton marketing; Econometrics; Hedonic price analysis; Price reporting; Crop Production/Industries; Marketing.
Ano: 1995
URL: http://purl.umn.edu/15264

Response of Cotton to Oil Price Shocks
Provedor de dados: 31
Autores: Mutuc,   Maria Erlinda M.; Pan,   Suwen; Hudson,   Darren.
This paper shows that the response of cotton prices in the U.S. to fluctuations in oil prices in the international market may differ greatly depending on whether the increase is driven by demand or supply shocks in the crude oil market. In the long-run, around 3 percent of the variability in cotton prices can be attributed to shocks to global demand for industrial commodities while none can be traced to oil supply shocks.
Tipo: Conference Paper or Presentation
Palavras-chave: Cotton; Oil price; Demand shocks; Supply shocks; Structural vector autoregression (SVAR); Agricultural and Food Policy; Demand and Price Analysis; Q11; Q41.
Ano: 2010
URL: http://purl.umn.edu/56425

The Impacts of Market Structure and Contracts on Agricultural Markets
Provedor de dados: 31
Autores: Hudson,   Darren; Anderson,   John D.; Harri,   Ardian; Turner,   Steven C.
Experimental markets were used to isolate the effects of market structure and contract design on market outcomes. Preliminary results suggest that market structure drives outcomes, and not necessarily contract design. Future research will replicate experiments and add dimensions of market information.
Tipo: Conference Paper or Presentation
Palavras-chave: Political Economy.
Ano: 2007
URL: http://purl.umn.edu/34935

Price Volatility Spillover in Agricultural Markets: An Examination of U.S. Catfish Markets
Provedor de dados: 31
Autores: Buguk,   Cumhur; Hudson,   Darren; Hanson,   Terrill R.
Price volatility spillovers in the U.S. catfish supply chain are analyzed based on monthly price data from 1980 through 2000 for catfish feed, its ingredients, and farm- and wholesale-level catfish. The exponential generalized autoregressive conditional heteroskedasticity (EGARCH) model was used to test univariate volatility spillovers for prices in the supply chain. Strong price volatility spillover from feeding material (corn, soybeans, menhaden) to catfish feed and farm- and wholesale-level catfish prices was detected.
Tipo: Journal Article
Palavras-chave: Catfish; EGARCH; Vertical market chains; Volatility spillover; Demand and Price Analysis.
Ano: 2003
URL: http://purl.umn.edu/30716

Understanding Acre for Cotton
Provedor de dados: 31
Autores: Pan,   Suwen; Hudson,   Darren; Ethridge,   Don E.; Mutuc,   Maria Erlinda M.; Fadiga,   Mohamadou L.; Johnson,   Phillip N.
The Food, Conservation, and Energy Act of 2008 was passed into law on May 22, 2008 with veto override votes in the House of Representatives and the Senate (House 2008). A difference between the 2002 and the 2008 bills is the newly instituted revenue-based counter-cyclical program called the Average Crop Revenue Election (ACRE) program available beginning crop year 2009. The ACRE program is offered as an alternative to the counter-cyclical payment (CCP) program that was in place during the 2002-2008 period. Beginning with the 2009 crop year, producers will have the option to enroll their farm in either the CCP program or the ACRE program. If ACRE is elected, producers cannot change program participation for the duration of the 2008 farm bill (ERS 2008)....
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2008
URL: http://purl.umn.edu/53144

A Choice-Based Conjoint Experiment with Genetically Engineered Cotton in the Mississippi Delta
Provedor de dados: 31
Autores: Banerjee,   Swagata (Ban); Martin,   Steven W.; Hudson,   Darren.
Producers' preferences for cottonseed are examined using a willingness-to-pay (WTP) approach via mail surveys. Results indicate a positive WTP for yield, technology and fiber quality, and it increases with the level of technology and quality, respectively. WTP varies directly with farm size and inversely with farm labor.
Tipo: Conference Paper or Presentation
Palavras-chave: Crop Production/Industries.
Ano: 2006
URL: http://purl.umn.edu/35389

The Impacts of GM Seed Technology on Cotton: Cost of Production in Mississippi, 1996 - 2005
Provedor de dados: 31
Autores: Ibendahl,   Gregory A.; Anderson,   John D.; Thompson,   W. Michael, II; Hudson,   Darren.
Genetically modified (GM) cotton varieties have changed many aspects of cotton production in the United States.  The rapid adoption of GM cotton varieties in Mississippi has allowed producers to alter certain production practices because of added benefits gained from GM varieties.  This study analyses some of the effects of certain changes in some of the most relevant components of cotton production on yield that stem from the adoption of GM varieties in Mississippi by comparing production functions from 1996 and 2005.
Tipo: Conference Paper or Presentation
Palavras-chave: Mississippi cotton production; Genetically Modified cotton varieties; Structural change; Production function.; Crop Production/Industries.
Ano: 2007
URL: http://purl.umn.edu/34856

A MODEL OF ENTRY-EXIT DECISIONS AND CAPACITY CHOICE UNDER DEMAND UNCERTAINTY
Provedor de dados: 31
Autores: Isik,   Murat; Coble,   Keith H.; Hudson,   Darren; House,   Lisa.
Many investment decisions of agribusiness firms such as when to invest in an emerging market or whether to expand the capacity of the firm involve irreversible investment and uncertainty about demand, cost or competition. This paper uses an option-value model to examine the factors affecting an agribusiness firm's decision whether and how much to invest in an emerging market under demand uncertainty. Demand uncertainty and irreversibility of investment make investment less desirable than the net present value (NPV) rule indicates. The inactive firm is more reluctant to enter the market when it takes into account demand uncertainty because it preserves the opportunity of making a better investment later. The active firm is more reluctant to abandon the...
Tipo: Conference Paper or Presentation
Palavras-chave: Agribusiness decision-making; Demand uncertainty; Entry-exit decisions; Net present value; Real options; Remote sensing; Demand and Price Analysis.
Ano: 2002
URL: http://purl.umn.edu/19797