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DO U.S. MARKETING ORDERS HAVE MUCH MARKET POWER? AN EXAMINATION OF THE ALMOND BOARD OF CALIFORNIA AgEcon
Crespi, John M.; Chacon-Cascante, Adriana.
This paper tests the conventional wisdom that U.S. marketing orders act as profit-maximizing cartels. The paper analyzes the marketing order for U.S. almonds in both the domestic and export markets. Such a case study is relevant to all U.S. marketing orders because the size and scope of the U.S. almond industry on the world market, and the legal authority of the almond marketing order makes it a likely prospect for exhibiting true cartel behavior. The authors find that the market power exerted by the Almond Board of California's reserve setting is significantly less than would be expected from a profit-maximizing cartel.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2002 URL: http://purl.umn.edu/19888
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Import demand of Bananas in the European Union AgEcon
Marsh, Thomas L.; Chacon-Cascante, Adriana; Crespi, John M..
The EU banana market has been of enormous interest for researchers for a long time, especially after the import policy unification brought by the Common Market Organization for Bananas (CMOB) in 1993. Empirical evidence suggests that the CMOB and its subsequent modifications have been highly distorting. However, the quantifications made of those distortions by different authors vary a lot, not only in magnitude but also in direction. The reason is that for each evaluation, a different system of demand equations has been estimated. However, besides the different models used, there is one common denominator to all models. They do not incorporate the general restrictions (homogeneity, symmetry and adding up) necessary to make the demand estimations consistent...
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/19157
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The Motivation for Organic Grain Farming in the United States: Profits, Lifestyle, or the Environment? AgEcon
Peterson, Hikaru Hanawa; Barkley, Andrew P.; Chacon-Cascante, Adriana; Kastens, Terry L..
The objective of this research is to identify and quantify the motivations for organic grain farming in the United States. Survey data of US organic grain producers were used in regression models to find the statistical determinants of three motivations for organic grain production, including profit maximization, environmental stewardship, and an organic lifestyle. Results provide evidence that many organic grain producers had more than a single motivation and that younger farmers are more likely to be motivated by environmental and lifestyle goals than older farmers. Organic grain producers exhibited a diversity of motivations, including profit and stewardship.
Tipo: Article Palavras-chave: Farm Management; Q01; Q12; Q15.
Ano: 2012 URL: http://purl.umn.edu/123783
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