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| Registros recuperados: 45 | |
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| Jackson, Thomas E.; Irwin, Scott H.; Good, Darrel L.. |
| The purpose of this research report is to present an evaluation of advisory service pricing performance in 1996 for corn and soybeans. Specifically, the average price received by a subscriber to an advisory service is calculated for corn and soybean crops harvested in 1996. The average net advisory price across all 26 corn programs is $2.63 per bushel. The range of net advisory prices for corn is quite large, with a minimum of $2.08 per bushel and a maximum of $3.12 per bushel. The average net advisory price across all 24 soybean programs is $7.27 per bushel. As with corn, the range of net advisory prices for soybeans is substantial, with a minimum of $6.80 per bushel and a maximum of $7.80 per bushel. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Market Advisory Services; G1; D8; D7; D4; G2; H4; H8; Q1; Z1; Marketing. |
| Ano: 1998 |
URL: http://purl.umn.edu/14787 |
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| Mose, Lawrence Obae; Burger, Kees. |
| Improvement in the performance of agricultural markets was the ultimate goal of market liberalisation. In this paper, firm (trader) size distribution as a factor influencing market performance is analyzed using maize and fertilizer traders from Kenya. Firm size distribution was assessed by analyzing the normality of the distribution on volume traded. Performance was assessed by the level of competition (using Hirschman-Herfindahl index), marketing margins and marketing costs. Results show that firm size distribution for both commodities is log-normally distributed but positively skewed indicating a tendency towards smaller than larger firms. A plausible explanation is that faced with inadequate financial resources and inadequate business experience, new... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Liberalisation; Firm size distribution; Costs; Margins; Agribusiness; International Relations/Trade; D4; L1; Q12; Q13; Q18. |
| Ano: 2006 |
URL: http://purl.umn.edu/25533 |
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| Nzuma, Jonathan M.. |
| In the recent past, the concentration of seed maize processing and marketing in Kenya has raised serious public concerns. The inability of this industry to ensure affordable prices of certified seed maize for the farming community has led policy makers to question its market behaviour. In spite of these concerns, the performance of agricultural markets in Kenya has received little attention. This study evaluates the market conduct of the industry using the New Empirical Institutional Organization framework and tests the hypothesis of price taking behaviour. A system of five equations was used to estimate conjectural variations elasticity while a Lerner index was constructed to measure market power using data from Kenya's Central Bureau of Statistics. The... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Seed Maize; Market power; Lerner index; Oligopoly; Crop Production/Industries; Industrial Organization; D4; L66. |
| Ano: 2006 |
URL: http://purl.umn.edu/25591 |
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| Bojnec, Stefan. |
| As in many other transition countries processing and marketing margins are also larger in the Slovenian meat market than respective margins in market economies. In addition, margin of the Slovenian pork chain is greater than in the beef chain. Its decline in the pork market indicates an adjustment to more competitive markets. Co-integration models are applied to estimate vertical price transmission and to examine margins and degree of competition in the meat marketing chains. Results indicate the existence of a long run equilibrium regarding vertical price transmission in the beef and pork sectors. Both the farm-gate beef and pork prices are identified as weakly exogenous in the long run. The structural tests imposing a homogeneity restriction suggest a... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Price transmission; Marketing margin; Co-integration; Competition; Marketing; D4; L1; C3; Q1. |
| Ano: 2002 |
URL: http://purl.umn.edu/24789 |
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| Bertoli, Roberto; Zuluaf, Carl R.; Irwin, Scott H.; Jackson, Thomas E.; Good, Darrel L.. |
| The 1995 marketing styles for the 25 market advisory service programs included in the AgMAS Project were developed in two steps. The first step was the construction of a detailed "menu" of the tools and strategies used by each of the advisory programs in marketing corn and soybeans. The menu describes the type of pricing tool, frequency of transactions, and magnitude of transactions. The second step was the development of a daily index of the net amount sold by each market advisory program. To construct such an index, the various futures, options, and cash positions recommended for a program on a given day were weighted by the respective position "delta." When the daily values of the index were plotted for the entire marketing period, the marketing... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Advisory services; Pricing tools; Pricing strategies; Assessment of recommendations; D4; C8; D8; M3; Q0; Marketing. |
| Ano: 1999 |
URL: http://purl.umn.edu/14792 |
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| Miljkovic, Dragan. |
| This study addresses the issues of market integration in railroad industry analyzing the export-bound grain transportation. A spatial analysis involving four origin states (Illinois, Iowa, Minnesota and Nebraska) and two destinations (Mexican Gulf and Pacific Northwest) is conducted in order to determine if pricing practices by the same or different railroads in different regions are consistent. A system of structural equations is estimated and dynamic regression tests are conducted because of the dynamic nature of interregional trade and arbitrage activities. The results indicate that grain transportation market by rail is not perfectly integrated. This is primarily due to numerous mergers and combining of railroads that took place during the last twenty... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Grain transportation; Market integration; Railroad industry; International Relations/Trade; D4; L1; L9. |
| Ano: 1999 |
URL: http://purl.umn.edu/29236 |
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| Rahim, Afaf H.; van Ierland, Ekko C.; Wesseler, Justus. |
| The gum tree (Acacia senegal) in the Sahel-Sudan zone has many environmental benign functions. An important function is to control desertification. In this paper we analyze farmers' economic incentives to preserve the existing gum trees and their incentives to create new plantations using a real options approach. Results indicate that agricultural crops provide higher economic benefits as compared to gum agroforestry system. However, on the one hand, as gum arabic is produced during the dry period and land is abundant, there are low incentives for deforestation. Instead, farmers' tend to leave the land idle and let the tree growing. On the other hand, our results suggest that an increase in the prices of gum arabic of about 330 per cent is needed to induce... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Gum arabic; Deforestation; Entry and exit; Real options; Sudan; Crop Production/Industries; D4; N5; O13; Q12; Q23. |
| Ano: 2006 |
URL: http://purl.umn.edu/25720 |
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| Langyintuo, Augustine S.. |
| Interspatial and intertemporal grain distribution in Ghana is a private sector activity carried out mainly by traders. These traders sometimes collude to maximize their joint profits. By so doing they influence the conduct of the grains market. To examine the effect of their actions on the informal maize market in Ghana, a spatial equilibrium model was estimated under three scenarios: (1) Perfect competition, (2) Cournot-Narsh conjectures, and (3) Collusion. The results indicate that imperfect competition distorts grain flows, reduces consumer welfare and depresses traders’ sales revenue. Collusive behavior of traders, on the other hand, causes the greatest distortion of grain flows as well as trader and consumer welfare. These results draw attention to... |
| Tipo: Journal Article |
Palavras-chave: Spatial equilibrium; Monopoly; Imperfect competition; Interspatial; Cournot- Narsh conjectures; Crop Production/Industries; D4; L1. |
| Ano: 2010 |
URL: http://purl.umn.edu/96166 |
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| Jackson, Thomas E.; Irwin, Scott H.; Good, Darrel L.. |
| The purpose of this research report is to present an evaluation of advisory service pricing performance in 1995 for corn and soybeans. Specifically, the average price received by a subscriber to an advisory service is calculated for corn and soybean crops harvested in 1995. The average net advisory price across all 25 corn programs is $3.04 per bushel. The range of net advisory prices for corn is quite large, with a minimum of $2.34 per bushel and a maximum of $3.81 per bushel. The average net advisory price across all 25 soybean programs is $6.61 per bushel. As with corn, the range of net advisory prices for soybeans is substantial, with a minimum of $5.75 per bushel and a maximum of $7.92 per bushel. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Market Advisory Service (AgMAS) Project; D4; D7; D8; G1; G2; H4; H8; Q1; Z1; Marketing. |
| Ano: 1997 |
URL: http://purl.umn.edu/14790 |
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| Tiffin, J. Richard. |
| A model of dynamic oligopsony is estimated for the liquid milk market in the UK. The paper extends existing methods of estimating such models by allowing for the joint estimation of the market conduct equation and the input supply equation. This entails the estimation of a two equation model in which the parameters of one equation change between two regimes whilst those of the other do not. Our results provide little evidence of dynamic strategic behaviour and suggest that the farm-gate price of milk is determined competitively. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries; Marketing; D4; L1; Q13. |
| Ano: 2006 |
URL: http://purl.umn.edu/25282 |
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| Lusk, Jayson L.; Cevallos, Edgar. |
| As the farm-to-retail price spread continues to grow, come cattle producers a beginning to consider integrating into the retail sector. Such a venture would require large investments in capital with uncertain return. This study seeks to determine the potential success of a stand-alone retail outlet selling “all natural” beef in an affluent area of Jackson, MS. Using choice-based conjoint analysis, demand for the new retail outlet is modeled as a function of the beef price at the store, distance of the store from consumers’ homes, distance of the store from consumers’ typical grocery store, and price of beef at substitute grocery stores. Simulation results suggest the proposed outlet could be a profitable venture, depending upon location and beef price. |
| Tipo: Journal Article |
Palavras-chave: Beef; Conjoint; Demand; Retail outlet; Q13; D12; D4; M31. |
| Ano: 2004 |
URL: http://purl.umn.edu/42939 |
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| Cramton, Peter; Kerr, Suzi. |
| An auction of carbon permits is the best way to achieve carbon caps set by international negotiation to limit global climate change. To minimize administrative costs, permits would be required at the level of oil refineries, natural gas pipe lines, liquid sellers, and coal processing plants. To maximize liquidity in secondary markets, permits would be fully tradable and bankable. The government would conduct quarterly auctions. A standard ascending-clock auction in which price is gradually raised until there is no excess demand would provide reliable price discovery. An auction is preferred to grandfathering (giving polluters permits in proportion to past pollution), because it allows reduced tax distortions, provides more flexibility in distribution of... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Greenhouse; Climate change; Carbon trading; Auction; Ascending-clock; Tradable permits; Environmental Economics and Policy; Q3; D4. |
| Ano: 1998 |
URL: http://purl.umn.edu/10668 |
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| Registros recuperados: 45 | |
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