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Registros recuperados: 29
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REVENUE IMPACTS OF MPP BRANDED FUNDS: A FIRM LEVEL ANALYSIS AgEcon
Jakus, Paul M.; Jensen, Kimberly L.; Davis, George C..
The USDA recently redirected the Market Access Program (MAP) to allocate all branded products export promotion funds to small firms and cooperatives. The redirection was, in part, a response to reports by the General Accounting Office that were critical of past allocations of export promotion funds to large, experienced exporters. This study uses a firm level analysis to examine firms’' effectiveness in using Market Promotion Program (MPP, which is now the MAP) funds to increase revenues. Whereas point estimates suggested that smaller firms were more effective in translating MPP funds into increased revenue than larger firms, these point estimates for small firms were statistically indistinguishable from zero. In contrast, large firms showed an...
Tipo: Conference Paper or Presentation Palavras-chave: Export promotion programs; Export sales; Export revenues; Market Promotion Program; Firm-level analysis; Joint estimation; Financial Economics.
Ano: 2000 URL: http://purl.umn.edu/21764
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TWO-STAGE UTILITY MAXIMIZATION AND IMPORT DEMAND SYSTEMS REVISITED: LIMITATIONS AND AN ALTERNATIVE AgEcon
Davis, George C.; Jensen, Kimberly L..
Two-stage utility maximization theory has been widely used in the literature to estimate import demand for agricultural commodities that are often inputs. This article examines the overlooked conceptual and empirical limitations of applying two-stage utility maximization theory to model the demand for imported commodities that are inputs. A discussion is presented about how the underutilized theory of two-stage profit maximization overcomes these limitations. Also discussed are the conditions under which errors illustration of the two-stage profit maximization procedure is provided.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 1994 URL: http://purl.umn.edu/30757
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The Interaction of Obesity Related Genotypes, Phenotypes, and Economics: An Experimental Economics Approach with Mice AgEcon
Davis, George C.; Jacob, Jacy; Good, Deborah J.
Food intake is greatly influenced by economic factors. Consequently, neuroeconomics has been identified as a new and important area for understanding the interaction between genotypes and phenotypes related to food intake. A foundational element of economics is choice between alternatives. Changing food choices are a central element in the explanation of the increasing obesity rates in human populations. The purpose of this research is to incorporate the key element of choice into the investigation of food intake and weight-related phenotypes for mice in an operant chamber setting. Using normal mice, and mice with a mutation in the Tubby gene (Tub-Mut) which results in adult onset obesity, this research will investigate different behavioral responses...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/103390
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Preparing Food at Home: What is the Labor Cost? AgEcon
Davis, George C.; You, Wen.
Food demand is an important component of the agricultural sector and much food preparation occurs in the home. While there is much information about the market cost of food, there has been no information about the preparation cost of food at home because there has been no data available on the quantity of time spent in food preparation. Using newly released time diary data from the Bureau of Labor Statistics, this paper provides the first known estimates of the cost of time in food preparation at home. We also consider a demographic profile comparable with someone who may be on Food Stamps and following the recipes based on the USDA Thrifty Food Plan, which is designed to help low income groups on Food Stamps.
Tipo: Conference Paper or Presentation Palavras-chave: American Time Use Survey; Convenience Foods; Food Preparation at Home; Food Stamps; Labor Cost; Marketing Margins; Thrifty Food Plans; Consumer/Household Economics.
Ano: 2006 URL: http://purl.umn.edu/21202
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The Effect of Alternative Nutrition Menu Labels on Children’s Meals Purchases and Parent-Child Decision-Making AgEcon
Holmes, Ashley; Serrano, Elena; Davis, George C..
Children are one subpopulation that have seen a threefold increase in obesity over the last two decades but have received no attention in the menu labeling literature. The purpose of this study is to explore the effects of different menu labeling formats on purchases of children’s meals and parent-child decision-making at a family-oriented restaurant. The intervention consists of five children’s menus featuring six bundled, nutritionally diverse, and equally priced combinations that are implemented over about a year. Accompanying each menu is a survey postcard collecting information on the parent-child decision process in choosing the item. This is ongoing research and all data is not in but at this point, the very early evidence points toward child-menu...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/103816
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Consumption Time in Household Production: Implications for the Goods-Time Elasticity of Substitution AgEcon
Baral, Ranju; Davis, George C.; You, Wen.
The relationship between the goods-time elasticity of substitution with consumption time as an input and the goods-time elasticity of substitution without consumption time as an input is derived analytically. Under some reasonable assumptions, the goods-time elasticity of substitution is shown to be greater if consumption time is not included as an input. An empirical example of food production for single headed households is consistent with this result and indicates the goods-time elasticity of substitution is about 60% greater when consumption time is not included as an input than when it is included.
Tipo: Conference Paper or Presentation Palavras-chave: Household Production; Elasticity of Substitution; Time Use; Food Purchases; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2010 URL: http://purl.umn.edu/61184
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Household Food Expenditures, Parental Time Allocation, and Childhood Obesity AgEcon
You, Wen; Davis, George C..
The increased prevalence of childhood obesity is a major concern for society. This study aims at exploring the influence of the parents (especially parental time allocation choices) on children’s obesity-related health outcomes and examining the potential differences between the fathers’ and the mothers’ marginal effects. A household with two parents and one child is modeled. The household production theory and the collective household modeling structure are combined. The model treats the mother, the father and the child as three separate agents with individual preferences. The two parents’ interaction is modeled within the collective model framework by assuming that they will reach Pareto efficient resource allocation between them. In order to capture...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety; Health Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/9737
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STUDENT NUMBERS AND SUSTAINING COURSES AND FIELDS IN PH.D. PROGRAMS AgEcon
Davis, George C.; Perusquia, Ernesto.
Many agricultural economics departments are concerned about the vitality of their Ph.D. programs. A particular problem is insufficient student numbers to justify teaching certain courses or fields. As a consequence, much faculty time can be spent debating alternative program structures without any real idea of the likelihood that a proposed program structure will succeed. This article presents a framework for deriving some analytical and empirical results for alternative Ph.D. program structures. A downloadable program is used to generate some representative results that will hopefully help others minimize speculations and time spent in committee or departmental meetings.
Tipo: Journal Article Palavras-chave: Ph.D. programs; Student numbers; Teaching/Communication/Extension/Profession; A2; Q1.
Ano: 2002 URL: http://purl.umn.edu/15076
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Revenue Impacts of MPP Branded Funds: A Firm-Level Analysis AgEcon
Jensen, Kimberly L.; Jakus, Paul M.; Davis, George C..
The USDA's Market Access Program (formerly Market Promotion Program) recently underwent a major change to redirect all branded products export promotion funds to small domestic firms and cooperatives. The redirection responded to criticisms by the General Accounting Office of past allocations of branded products export promotion funds to large, experienced exporters. This study uses a firm-level analysis to examine whether firm size and export experience matter in how effectively firms use the promotion funds to increase their revenues. The results support neither the GAO criticisms nor the recent program redirection.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/31630
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Partial versus General Equilibrium Calorie and Revenue Effects of a Sugar-Sweetened Beverage Tax AgEcon
Dharmasena, Senarath; Davis, George C.; Capps, Oral, Jr..
The current obesity crisis in the United States is generating numerous alternative policy options for combating the problem. One alternative that has been widely proposed is an excise or sales tax on sugar-sweetened non-alcoholic beverages. This literature started out within a very simple partial equilibrium framework. Not considering the feedback effects (or general equilibrium effects) across interrelated market is a shortcoming of these partial equilibrium analyses. Our study is carried out to ascertain stochastic partial and general equilibrium calorie, body weight and revenue effects of a tax on sugar-sweetened beverages as well as incidence of such tax. We used Nielsen Homescan data on prices and quantities of selected non-alcoholic beverages...
Tipo: Conference Paper or Presentation Palavras-chave: Partial equilibrium; General equilibrium; Tax effects; Sugar-sweetened beverages; Beverage tax; Calorie effects; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Health Economics and Policy; D11; D12; I18.
Ano: 2011 URL: http://purl.umn.edu/103509
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AN ANALYSIS OF EXPORT MARKET STRATEGIES AND BARRIERS PERCEPTIONS BY U.S. AGRICULTURAL HVP EXPORTERS AgEcon
Jensen, Kimberly L.; Davis, George C..
This study identifies barriers perceived by agricultural exporters and examines how these perceptions influence use of export market strategies. Ordered logit models are used to estimate effects of perceived barriers and firm characteristics on export market strategies. The results from these models show that perceptions about import restrictions influence use of diversification of exports across products, competition influences use of competitive export pricing, and overseas product regulations affect product adaptation for export markets.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/34557
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MEASURING THE QUALITY OF IMPORTED TOBACCO AgEcon
Davis, George C.; Hewitt, William J..
Domestic tobacco producers have faced increasing competition from imported tobacco since the late 1970s. Much of the debate has centered on the unknown quality of imported tobacco. This study provides a discussion and clarification of the concept of quality, and demonstrates a method of measuring the average quality of imported tobacco. The results show that since 1977, imported tobacco has been steadily decreasing in average quality and moving toward lower quality producing countries and types of tobacco. The reasons for this decline are discussed along with the policy implications.
Tipo: Journal Article Palavras-chave: Index numbers; Quality; Tobacco; International Relations/Trade.
Ano: 1996 URL: http://purl.umn.edu/15236
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AGGREGATION WITHOUT SEPARABILITY: TESTS OF U.S. AND MEXICAN AGRICULTURAL PRODUCTION DATA AgEcon
Lin, Ni; Davis, George C.; Shumway, C. Richard.
The generalized composite commodity theorem (Lewbel 1996) is used to test for consistent aggregation of U.S. and Mexican agricultural production data in each of the categories for which earlier tests rejected homothetic separability. All U.S. agricultural outputs can be justifiably aggregated into as few as four categories. All Mexican agricultural outputs can be aggregated into as few as five categories. The aggregation of all outputs into a single output cannot be supported in either country by sufficient conditions provided by the generalized composite commodity theorem and/or a homothetically separable technology.
Tipo: Conference Paper or Presentation Palavras-chave: Aggregation; Separability; Generalized composite commodity theorem; Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/20927
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DOES CONSISTENT AGGREGATION REALLY MATTER? AgEcon
Shumway, C. Richard; Davis, George C..
Consistent aggregation assures that behavioral properties, which apply to disaggregate relationships also, apply to aggregate relationships. The agricultural economics literature is reviewed which has tested for consistent aggregation or measured statistical bias and/or inferential errors due to aggregation. Tests for aggregation bias and errors of inference are conducted using indices previously tested for consistent aggregation. Failure to reject consistent aggregation in a partition did not entirely mitigate erroneous inference due to aggregation. However, inferential errors due to aggregation were small relative to errors due to incorrect functional form or failure to account for time series properties of data.
Tipo: Working or Discussion Paper Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2000 URL: http://purl.umn.edu/12966
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BEYOND THE MODEL SPECIFICATION PROBLEM: MODEL AND PARAMETER AVERAGING USING BAYESIAN TECHNIQUES AgEcon
Bryant, Henry L.; Davis, George C..
The model specification problem is perhaps the Achilles heel of applied econometrics. Rather than test down to a single model as is usually done, we estimate 72 different demand systems and use Bayesian averaging procedures over all 72 systems to generate meta estimates of the parameters (e.g., elasticities) of interest.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2001 URL: http://purl.umn.edu/20689
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INFORMATION BASED MODEL AVERAGING AND INTERNAL METANALYSIS IN SEEMINGLY UNRELATED REGRESSIONS WITH AN APPLICATION TO A DEMAND SYSTEM AgEcon
Bryant, Henry L.; Davis, George C..
This paper presents an information based model averaging and internal meta-analysis procedure that is easily applied to a large model space. In the application, the procedure is used to investigate the efficacy of some recently contested commodity promotion programs. The investigated model space consists of 576 demand systems. The internal meta-analysis indicates that theoretical restrictions and evaluation points are more important than alternative functional forms and explanatory variables in determining the elasticity values. The model averaging weights strongly support the theoretically consistent classical demand systems without promotion. The weighted or meta-price and meta-expenditure elasticities are presented and discussed.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/21918
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THE THEORY AND ECONOMETRICS OF HEALTH INFORMATION IN CROSS-SECTIONAL NUTRIENT DEMAND ANALYSIS AgEcon
Park, Jaehong; Davis, George C..
Understanding the role of health information in food and nutrient demand has become an important issue over the last decade. Endogeneity and measurement error are two empirical problems that are inherent in this type of analysis. While some type of instrumental variables estimation would appear the obvious solution, this paper provides several theoretical and empirical reasons why this is not the case in cross-sectional analysis. An alternative estimation strategy is pursued, an empirical example given, and the implications discussed.
Tipo: Working or Discussion Paper Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2000 URL: http://purl.umn.edu/24015
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CONFIRMATION AND FALSIFICATION OF EQUILIBRIUM DISPLACEMENT MODELS AgEcon
Davis, George C..
One of the most important principles in any science is testing and consequently confirmation and falsification. In agricultural economics, the equilibrium displacement model is a popular modeling approach that presently is not testable and consequently cannot be confirmed or falsified. This paper presents four increasingly sophisticated procedures designed to overcome this limitation of equilibrium displacement models. An empirical illustration demonstrates the usefulness of these procedures in deciding between three alternative and theoretically viable equilibrium displacement models.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2001 URL: http://purl.umn.edu/20525
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Does consistent aggregation really matter? AgEcon
Shumway, C. Richard; Davis, George C..
Consistent aggregation ensures that behavioural properties which apply to disaggregate relationships apply also to aggregate relationships. The agricultural economics literature which has tested for consistent aggregation or measured statistical bias and/or inferential errors due to aggregation is reviewed. Tests for aggregation bias and errors of inference are conducted using indices previously tested for consistent aggregation. Failure to reject consistent aggregation in a partition did not entirely mitigate erroneous inference due to aggregation. However, inferential errors due to aggregation were small relative to errors due to incorrect functional form or failure to account for time series properties of data.
Tipo: Journal Article Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2001 URL: http://purl.umn.edu/117388
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Impact of a European Economic Community Vegetable Oils Tax on U.S. Soybean Exports AgEcon
Davis, George C.; Hammig, Michael D.; Rosson, C. Parr, III.
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 1986 URL: http://purl.umn.edu/116876
Registros recuperados: 29
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