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Registros recuperados: 23
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The Effects of Supply Shifts on Producers' Surplus: the Case of Inelastic Linear Supply Curves AgEcon
Karagiannis, Giannis; Furtan, William Hartley.
This paper derives sufficient conditions (in terms of supply and demand elasticities) for producers to gain under different supply shifts when supply and demand are specified to be linear functions and supply is inelastic. It is shown that regardless of the type of supply shift, producers lose whenever the sum of absolute values of supply and demand elasticities is less than one, while they gain when production takes place in the elastic portion of the demand. In all other cases arising from alternative elasticity configurations simple formulas developed in this paper may be used to determine the direction of change in producers surplus.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/26430
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Agricultural Policy: High Commodity and Input Prices AgEcon
Schmitz, Andrew; Furtan, William Hartley; Schmitz, Troy G..
Because of high commodity prices, beginning in 2006, subsidies to farmers in the United States, the European Union, and Canada have been reduced significantly. However, significant losses have been experienced by the red meat sector, along with escalating food prices. Because of rising input costs, the “farm boom” may not be as great as first thought. Ethanol made from corn and country-of-origin labeling cloud the U.S. policy scene. Higher commodity prices have caused some countries to lower tariff and non-tariff barriers, resulting in freer commodity trade worldwide. Policymakers should attempt to make these trade-barrier cuts permanent and should rethink current policy legislation to deal with the possibility of a collapse of world commodity markets....
Tipo: Journal Article Palavras-chave: Agricultural policy; High commodity prices; Input prices; Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/49862
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Proceedings of the Seminar on the Theory and Practice of Agricultural Wealth Accounts AgEcon
Simpson, Wayne; Furtan, William Hartley; Joisce, John; Ashmead, Ralph W.; Rosevear, Larry; Farmer, Linda; Jones, Wayne D.; Hamilton, Edward F..
Tipo: Technical Report Palavras-chave: Agricultural Finance.
Ano: 1986 URL: http://purl.umn.edu/124293
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Immigration Wave Effects on Canada's Trade Flows AgEcon
Partridge, Jamie; Furtan, William Hartley.
This paper utilizes an enhanced gravity model to estimate the effect of lagged immigration waves on Canadian imports and exports, by province. Empirically, this model was tested using Canadian data on import and export flows to the top 40 countries of origin for immigrants to Canada based upon the composition of the most recent wave of immigrants. The results are consistent with previous studies, where immigrants increased both import and export trade flows. By adding the provincial immigrant wave variable, it was also found that immigrants most strongly affect imports after 5-10 years, whereas for exports, the immigrant effect is strongest after 10-15 years.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2006 URL: http://purl.umn.edu/34171
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Innovation, Integration and Product Proliferation - Empirical Evidence for the Agri-Food Industry AgEcon
Karantininis, Kostas; Sauer, Johannes; Furtan, William Hartley.
While mergers, both horizontal and vertical, have been shaping the landscape of the agri-food industry in Europe, the implications of the changing market structure on the level of innovation has not been studied yet. In this paper we deal with the link between innovation and market structure using the empirical example of the Danish agri-food industry. The purpose of this paper is two-fold. First we test for the importance of vertical integration on innovation. While there exist several studies on this linkage, to our knowledge, this is the first that deals with the agri-food industry. Secondly, we examine both product proliferation and innovation. To our knowledge, there are no other similar studies that examine both aspects using the same data set. We...
Tipo: Conference Paper or Presentation Palavras-chave: Innovation; Vertical Integration; Product Proliferation; Agribusiness; Agribusiness.
Ano: 2008 URL: http://purl.umn.edu/6074
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Increasing Canada's International Competitiveness: Is There a Link between Skilled Immigrants and Innovation? AgEcon
Partridge, Jamie; Furtan, William Hartley.
We use an augmented national ideas production function to examine skilled immigrants' impact on Canadian innovation at the provincial level. Empirically, this model was tested using Canadian data by province on innovation flow over an 11 year time period, where innovation flow is defined in terms of international (U.S.) patents. It was found that skilled immigrants, who are proficient in either English or French, have a significant and positive impact on innovation flow in their home province. Further, in examining skilled immigrants by source region, it was found that skilled immigrants from developed countries have the greatest impact on their home province's innovation flow. This is true of North American/European skilled immigrants for all skill-level...
Tipo: Conference Paper or Presentation Palavras-chave: Canada; Endogenous technological change; Innovation; National ideas; Production function; Patents; Skilled immigrants; Labor and Human Capital.
Ano: 2008 URL: http://purl.umn.edu/6504
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RENT SEEKING AND THE COMMON AGRICULTURAL POLICY: DO MEMBER COUNTRIES FREE RIDE ON LOBBYING? AgEcon
Furtan, William Hartley; Jensen, Maria Skovager; Sauer, Johannes.
The Common Agricultural Policy is modelled as a club good providing the European Union (EU) farmer with financial benefits. We build an economic model which explains how much farmers in individual EU countries invest in rent-seeking activities in order to test for free-riding behaviour on lobbying costs. For our investigation we group the EU member countries by farm structure, and the type of benefit received. We explain the fees paid by farmers for lobbying by other countries fees, political variables, and country and regional agricultural characteristics. The model shows that some member countries free ride on others. This suggests a form of policy path dependency and leads to a suboptimal investment on lobbying of 7.5%.
Tipo: Conference Paper or Presentation Palavras-chave: Free-riding; Rent-seeking; Common Agricultural Policy; Agricultural and Food Policy; Institutional and Behavioral Economics.
Ano: 2008 URL: http://purl.umn.edu/52649
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Rent Seeking and the Common Agricultural Policy: Do member countries free ride on lobbying? AgEcon
Furtan, William Hartley; Jensen, Maria Skovager; Sauer, Johannes.
The Common Agricultural Policy is modelled as a club good providing the European Union (EU) farmer with financial benefits. We build an economic model which explains how much farmers in individual EU countries invest in rent-seeking activities in order to test for free-riding behaviour on lobbying costs. For our investigation we group the EU member countries by farm structure, and the type of benefit received. We explain the fees paid by farmers for lobbying by other countries fees, political variables, and country and regional agricultural characteristics. The model shows that some member countries free ride on others. This suggests a form of policy path dependency and leads to a suboptimal investment on lobbying of 7.5%.
Tipo: Conference Paper or Presentation Palavras-chave: Free-riding; Rent-seeking; Common Agricultural Policy; Agricultural and Food Policy; International Relations/Trade; Political Economy; D72; Q18.
Ano: 2008 URL: http://purl.umn.edu/6600
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The Effect of FDI on Agriculture and Food Trade: An Empirical Analysis 1987-2001 AgEcon
Furtan, William Hartley; Holzman, J.J..
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 2004 URL: http://purl.umn.edu/28037
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The Doha Talks and the Bargaining Surplus in Agriculture AgEcon
Furtan, William Hartley; Guzel, A.; Karantininis, Kostas.
The Doha Round has been slow to achieve a reduction in the level of agricultural protection. This remains the case notwithstanding the substantial economic benefits that would arise from a more liberal agricultural trading regime. We provide one explanation for this slowness using a simple bargaining model. We demonstrate that the bargaining countries received a substantial fiscal gain from reducing government expenditures in the run-up to the Uruguay Round. This fiscal pressure was sufficient to block rent seekers who wanted farm payments to continue. Since the Uruguay Round these fiscal constraints have been reduced and the same pressure to reach a bargain and control rent-seeking behaviour is not present in the Doha Round.
Tipo: Journal Article Palavras-chave: Doha Round; Rent seeking; Bargaining; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/7706
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Books Reviewed AgEcon
Furtan, William Hartley; Lichtenberg, Erik.
Tipo: Journal Article
Ano: 2005 URL: http://purl.umn.edu/10193
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The Need for Direction: The Canadian Grains Sector at a Crossroads AgEcon
Furtan, William Hartley.
Furtan examines the future of the grain and oilseeds sector in Canada and asks the question: will the family farm continue to exist or will it be supplanted by a corporate structure. The paper outlines the set of policies that would support each of these two very different visions of the grain and oilseeds sector.
Tipo: Working or Discussion Paper Palavras-chave: Family farm; Canada grains sector; Industrial farm model; Industrial farm; Canadian agricultural policy; Agricultural and Food Policy; Crop Production/Industries; Industrial Organization.
Ano: 2006 URL: http://purl.umn.edu/31788
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Landscape Clubs: Co-existence of GM and Organic Crops AgEcon
Furtan, William Hartley; Guzel, A.; Weseen, A.S..
The possibility of increased production of genetically modified (GM) crops in agriculture accentuates the need to examine the feasibility of GM and non-GM technologies coexisting on a common physical landscape. Using the theory of clubs, this paper examines the possibility of coexistence for GM and organic wheat technologies through the formation of an organic club with an endogenously determined buffer zone. Given the available data on prices, yields, and rotations, it is shown that a club can be created in which GM and organic agricultural production technologies can economically co-exist in the same physical landscape. Specifically, co-existence results in an increase in economic welfare over a situation where only GM technology is used but is not...
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; D71; Q16.
Ano: 2005 URL: http://purl.umn.edu/24495
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Determinants of Food Industry Performance – Empirical Evidence Based on a Survey AgEcon
Furtan, William Hartley; Sauer, Johannes.
This paper empirically investigates the determinants of firms’ performance in the agri-food sector by using recent survey data for Denmark. Treating sales per employee as a proxy for value addition we estimate several bootstrapped regression models to draw conclusions on the marginal effects of potential performance determinants such as the form and nature of ownership, stage of the food chain and commodity sector, new product development, staff quality, firms’ competitive stance, and elements of firms’ strategy. To draw robust inferences we apply, besides the ordinary heteroscedasticity corrected Tobit ML-estimator, a nonparametric least absolute deviations estimator (LAD/CLAD) based on a quantile regression procedure. The results indicate that we cannot...
Tipo: Conference Paper or Presentation Palavras-chave: Value added; Innovation; Organizational type; Agribusiness; Q13; O31; O33.
Ano: 2008 URL: http://purl.umn.edu/6422
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Transformative Change in Agriculture: The Canadian Wheat Board AgEcon
Furtan, William Hartley.
National policies must be in the interest of all Canadians. Between the 1920s and 1940s when the Canadian Wheat Board (CWB) was first being constructed, the export of wheat from the prairies was an essential component of national policy. In the twenty-first century the CWB has no important role in the development policy of western Canada. Its objectives are totally aimed at earning premiums in the market for prairie farmers. The CWB controls a smaller volume of the prairie crop in 2005 than it did in 1948. Given this diminished role for the CWB, does it need to exist at all? How might it be changed in a transformative way, given the present day realities of trade agreements and domestic pressures, so that it operates in the national interest while still...
Tipo: Journal Article Palavras-chave: Canadian Wheat Board; Single-deck selling; Trade agreements; Agricultural and Food Policy; International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/23897
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Regulatory Approval Decisions in the Presence of Market Externalities: The Case of Genetically Modified Wheat AgEcon
Furtan, William Hartley; Gray, Richard S.; Holzman, J.J..
This study examines the optimal approval strategy for genetically modified (GM) wheat varieties in Canada and the United States. Without an affordable segregation system, the introduction of GM wheat will create a market for "lemons" that will result in the loss of important export markets. Using a differentiated product trade model for spring wheat, with endogenous technology pricing, a payoff matrix is generated for the possible approval outcomes. Results show that the existence of the market externality removes the first-mover advantage for wheat producers from the approval of the new GM wheat variety. There are large distributional effects; wheat producers lose economic surplus, while consumers and the biotech company gain economic surplus. With a...
Tipo: Journal Article Palavras-chave: Biotechnology; Market externalities; Non cooperative games; Strategic approval decisions; Trade; Agricultural and Food Policy.
Ano: 2005 URL: http://purl.umn.edu/30778
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Agricultural Policies and Soil Degradation in Western Canada: An Agro-Ecological Economic Assessment: Report 3. The Integration of the Environmental and Economic Components AgEcon
Bouzaher, Aziz; Shogren, Jason F.; Holtkamp, Derald; Gassman, Philip W.; Archer, David W.; Lakshminarayan, P.G.; Carriquiry, Alicia L.; Reese, Randall; Furtan, William Hartley; Izaurralde, R. Cesar; Kiniry, James R..
The interface between RS-CRAM and the environmental component of the integrated modeling system is described for crops, crop sequences, and management systems representative of western Canada. An experimentally designed set of EPIC simulations were performed to generate erosion output that was used to construct wind and water erosion metamodels (response functions). The results of the EPIC simulations indicate that wind and water erosion would be the dominant erosion problem over most of Saskatchewan and Manitoba. For Alberta, water erosion was predicted to be the dominant problem, except for the southern portion of the province. Erosion impacts were sensitive to tillage and cropping patterns. EPIC-predicted yields did not vary much across tillage, a...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Environmental Economics and Policy.
Ano: 1995 URL: http://purl.umn.edu/18681
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THE POTENTIAL TRADE FLOW: AN AGREEMENT FOR THE AMERICAS AgEcon
Furtan, William Hartley.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2000 URL: http://purl.umn.edu/16787
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Reversing the road to super farms AgEcon
Furtan, William Hartley; Karantininis, Kostas; Lund, Mogens.
The organization of primary agriculture is dependent upon whether the institutions of a country allow for reverse franchising by farmers. If the transaction costs of managing a farm can be minimized by farmers conducting a form of collective action, such as cooperatives, then the size of farms will be smaller. If farms have to make the products in the firm, which are subject to very large economies of scale than super farms will be the result. The key is the existence of institutions, such as collective action and property rights, that allow for the minimization of costs. For this reason the organization of primary agriculture is, among other things, a public policy issue. In this paper we develop this argument, we sketch a theoretical framework based on a...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Farm Management.
Ano: 2007 URL: http://purl.umn.edu/10025
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Agricultural Policies and Soil Degradation in Western Canada: An Agro-Ecological Economic Assessment: Project Summary AgEcon
Bouzaher, Aziz; Shogren, Jason F.; Holtkamp, Derald; Gassman, Philip W.; Archer, David W.; Lakshminarayan, P.G.; Carriquiry, Alicia L.; Reese, Randall; Kakani, Dharmaraju; Furtan, William Hartley; Izaurralde, R. Cesar; Kiniry, James R..
This report describes an integrated agro-ecological modeling system that was developed to assess the potential economic and soil erosion impacts of different agricultural policies for the Canadian prairie provinces of Alberta, Saskatchewan, and Manitoba. The system was constructed by linking erosion metamodels (response functions), based on multiple simulations of the USDA Erosion Productivity Impact Calculator (EPIIC), with a modified version of Agriculture Canada's Canadian Regional Agriculture Model (CRAM) denoted as RS-CRAM (resource sensitive CRAM). A summary of both the environmental and agricultural decision (RS-CRAM) components are presented, including a description of the modifications and enhancements that were made to CRAM. Results of policy...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Environmental Economics and Policy.
Ano: 1996 URL: http://purl.umn.edu/18660
Registros recuperados: 23
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