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| Registros recuperados: 102 | |
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| Brown, Mark G.; Spreen, Thomas H.; Muraro, Ronald P.. |
| The allocation problem of sending grapefruit to packinghouses versus processing plants is considered in this paper. The authors examine on-tree grower prices reported by the USDA for fresh and processed grapefruit and report that these prices do not reflect the alternative returns necessary for this allocation decision. The USDA processed on-tree price is a weighted average of returns for fruit that is intended for processing and fruit that is not intended for processing while the USDA fresh on-tree price is for fruit that is only intended for the fresh market. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness. |
| Ano: 1999 |
URL: http://purl.umn.edu/27218 |
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| Brown, Mark G.; Lee, Jonq-Ying. |
| The paper focuses on separability in the almost ideal demand system (AIDS) in time series analysis. The AIDS approximation based on Stone's price index is specified in terms of the Rotterdam model and block additivity is imposed for illustrative purposes. A generalization to other types of separability is then considered. The model can be viewed as an extension to Theil et al.'s Working-PI time series model. In both the Theil et al. model and the AIDS model examined here, the marginal propensity to spend on a good is allowed to depend on the good's budget share. In the model in this paper, the Slutsky coefficients are further allowed to depend on the budget shares. The model provides a consistent way to analyze subgroup demand relationships. |
| Tipo: Report |
Palavras-chave: Almost ideal demand system; Separability; Rotterdam model; Demand and Price Analysis. |
| Ano: 1990 |
URL: http://purl.umn.edu/52711 |
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| Brown, Mark G.. |
| The benefits of OJ advertising result from 1) increased gallon sales and 2) higher prices. Advertising was estimated to increase the delivered-in price by $.083 per single strength equivalent (SSE) gallon in 2006-07. The with-advertising and without-advertising delivered-in prices were estimated at $1.981 and $1.898 per SSE gallon, respectively. With FDOC advertising focusing on the U.S. market, benefits due to advertising were estimated for the U.S market only. However, it should be recognized that to the extent world OJ prices increase by the same amount as the U.S. price increase ($.083 per SSE gallon), not only U.S. imports of OJ, but also Brazil and other country exports of OJ to Europe and other destinations also benefit from the... |
| Tipo: Report |
Palavras-chave: Agribusiness. |
| Ano: 2007 |
URL: http://purl.umn.edu/36812 |
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| Spreen, Thomas H.; Brewster, Charlene; Brown, Mark G.. |
| The proposed Free Trade Area of the Americas would join the world’s two largest processed orange producing regions: Brazil and the United States. Because the United States currently imposes a sizeable tariff on imported processed orange products, there is concern by U.S. orange growers over possible adverse effects resulting from tariff elimination. A model of the world processed orange market is developed as a spatial equilibrium model with implicit supply functions based on the dynamic behavior of orange production. The model is used to estimate the impact of U.S. tariff elimination on U.S. production, grower and processor prices, and imports. The results suggest a sizeable price impact on U.S. producers if the tariff is eliminated. |
| Tipo: Journal Article |
Palavras-chave: Orange juice; Spatial equilibrium; Tariffs; Trade; C61; F13. |
| Ano: 2003 |
URL: http://purl.umn.edu/37837 |
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| Brown, Mark G.; Lee, Jonq-Ying. |
| A model is developed to explain Florida citrus planting levels by variety. The varietal choice is based on the expected prices and price variances/covariances of the varieties under consideration. Overall planting returns are maximized for a given level of price risk. The model's price coefficients are similar to those of the Theil and Barten Rotterdam demand model. As in the Rotterdam model, both absolute and relative price coefficient specifications are considered, allowing an examination of restrictions related to the price risk. The empirical analysis considers two restricted specifications -- a varietal independence model, based on the assumption that only the price variances are important for predicting planting levels, and a group independence... |
| Tipo: Report |
Palavras-chave: Planting decision; Florida citrus; Price risk; Expected returns; Demand and Price Analysis; Farm Management. |
| Ano: 2003 |
URL: http://purl.umn.edu/52880 |
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| Brown, Mark G.; Lee, Jonq-Ying. |
| The differential demand system or Rotterdam model is extended to include lagged consumption through translation parameters, allowing habit and inventory effects. Applications of the model to annual U.S. expenditure and weekly juice sales data illustrate the importance of the time interval of an observation on the relative strengths of the habit inventory. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1992 |
URL: http://purl.umn.edu/29646 |
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| Brown, Mark G.. |
| An extension of the Rotterdam model is developed that makes the model’s income flexibility and marginal propensities to consume varying coefficients. Frisch’s duality relationships that the second partial derivatives of demand with respect to income and prices are independent of the order of differentiation are imposed with the marginal propensities to consume specified as functions of income and price, and the Slutsky coefficients specified as functions of income only. A uniform substitute specification is used to analyze the conditional demands for a group of beverages. |
| Tipo: Journal Article |
Palavras-chave: Demand; Rotterdam model; Varying parameters; Agribusiness; Agricultural Finance; Production Economics; C51; D12; Q11. |
| Ano: 2008 |
URL: http://purl.umn.edu/47201 |
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| Registros recuperados: 102 | |
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