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Registros recuperados: 26
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STRUCTURAL CHANGE, RENTS TRANSFERRING AND MARKET POWER IN THE INTERNATIONAL COFFEE MARKET: A TIME SERIES ANALYSIS AgEcon
Gomez, Miguel I.; Castillo, Mauricio.
The breakdown of the International Coffee Agreement (an oligopoly of exporting countries) in 1990 led to increasing competition for market share. We use an econometric model to examine the effects of the agreement's dissolution. Results suggest a transfer of rents from producers to wholesalers and little impact on consumers.
Tipo: Conference Paper or Presentation Palavras-chave: Industrial Organization.
Ano: 2001 URL: http://purl.umn.edu/20441
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Cash Settlement of Lean Hog Futures Contracts Reexamined AgEcon
Frank, Julieta; Gomez, Miguel I.; Kunda, Eugene L.; Garcia, Philip.
In 1997 the Chicago Mercantile Exchange replaced its live hog futures contract with a cash settlement mechanism based on a Lean Hog Index. Although cash settlement was expected to increase the use of the contract as a hedging tool, producers and packers are concerned that convergence between cash and futures prices is not occurring and that the volatility of the lean hog contract basis has increased in recent years. The purpose of the paper is to reexamine cash settlement of lean hog futures contracts as a hedging tool, focusing on basis behavior and management of basis risk. We also investigate alternative hedging instruments that take into account location differences between regional cash prices and the CME lean hog index. Our results indicate that...
Tipo: Conference Paper or Presentation Palavras-chave: Basis behavior; Cash settlement; Ex-ante basis risk; Lean hogs futures contract; Regional basis; Agricultural Finance.
Ano: 2008 URL: http://purl.umn.edu/37611
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Impact of Free Trade Agreements on the Colombian Beef Sector AgEcon
Gomez, Miguel I.; Frank, Julieta; Parra, Tatiana.
Colombia negotiated bilateral Trade Agreements (TAs) with the United States and with the MERCOSUR region (Argentina, Brazil, Paraguay, and Uruguay). Colombian cattle and beef interest groups argue that TAs hurt the local beef supply chain. We employ a partial equilibrium framework to assess the impact of these TAs on the welfare of cattle producers, beef marketers and meat consumers in Colombia. Our results suggest that with free imports of chicken parts from the U.S, beef consumption and retail prices of beef both decrease and the derived demand and prices of fed cattle decrease. With beef imports from the MERCOSUR region, domestic beef prices and beef production fall, but total beef consumption increases. Overall, consumers are better off and there are...
Tipo: Conference Paper or Presentation Palavras-chave: Beef; Colombia; Partial equilibrium; Trade liberalization; International Relations/Trade; F14; D60; Q17.
Ano: 2010 URL: http://purl.umn.edu/61670
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IMPORT PRICES AND HARD CURRENCY CONSTRAINTS IN EASTERN EUROPE: IMPLICATIONS FOR COARSE GRAIN IMPORTS AND PRODUCTION OF MEAT AgEcon
Garcia, Roberto J.; Miljkovic, Dragan; Gomez, Miguel I..
The objectives of this study were (a) to determine the degree to which hard currency earnings constrained overall imports and coarse grain imports in command economies; (b) to measure the importance of import prices on grain imports and to trace the link of grain availability to meat production; and (c) to determine how economic and political reforms in the selected countries may have affected the hard currency constraint, the importance of import prices, and grain imports and meat production. The results indicate that import demand was constrained by earnings of hard currency, but was not responsive to world prices, and meat production was affected by total grain availability, including imports.
Tipo: Journal Article Palavras-chave: Coarse grain imports; Hard currency; Eastern Europe; Import prices; Meat production; Political reforms; International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/15085
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CASE STUDY -- THE POULTRY INDUSTRY IN COLOMBIA AgEcon
Gomez, Miguel I.; Sierra, Diego; Rodriquez, Daisy.
Tipo: Report Palavras-chave: Food Consumption/Nutrition/Food Safety; Production Economics.
Ano: 2003 URL: http://purl.umn.edu/16554
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THE IMPACT OF SWINE PRODUCTION ON LAND VALUES IN ILLINOIS AgEcon
Huang, Haixiao; Sherrick, Bruce J.; Gomez, Miguel I.; Miller, Gay Y..
Based on a spatiotemporal hedonic farmland price model and county-level data in Illinois from 1979 to 1999, we examined the impact of swine production on farmland values. Our results show that, in addition to the conventional determinants of farmland values, an increase in swine production intensity has a negative relationship with farmland values while an increase in swine operation scale had a positive association with farmland values at the county level in Illinois. We also estimate the impact of changes in the Illinois swine industry over the period 1980-1999 on farmland values at the state level and find that changes in swine inventory and scale of swine operations have led to changes in farmland prices from $-10.56 to $62.96 per acre. In general, the...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2003 URL: http://purl.umn.edu/22047
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MARKET POWER AND OFF-INVOICE TRADE PROMOTIONS IN THE US: AN EMPIRICAL INVESTIGATION AgEcon
Maratou, Laoura; Gomez, Miguel I.; Just, David R..
This article employs a Tobit model to examine whether the market power of manufacturers and retailers influence trade promotion decisions in the US food sector. Greater retailer market power increases allocation of funds to off-invoice trade promotions. We find evidence that the balance of power favors food retailers.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2004 URL: http://purl.umn.edu/20280
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Forecasting Food Price Inflation, Challenges for Central Banks in Developing Countries using an Inflation Targeting Framework: the Case of Colombia AgEcon
Gomez, Miguel I.; Gonzalez, Eliana; Melo, Luis F.; Torres, Jose L..
Replaced with revised version of paper 11/17/06. Former title: Forecasting Food Price Inflation, Challenges for Central Banks in Developing Countries using an Inflation Targeting Framework: the Case of Colombia
Tipo: Conference Paper or Presentation Palavras-chave: Food Inflation; Time Series; Forecast Combination; Inflation Targeting; Financial Economics; C22; E31; Q11.
Ano: 2006 URL: http://purl.umn.edu/21181
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IMPACTS OF CONCENTRATION IN HOG PRODUCTION ON ECONOMIC GROWTH IN RURAL ILLINOIS: AN ECONOMETRIC ANALYSIS AgEcon
Gomez, Miguel I.; Zhang, Liying.
This paper evaluates the impact of increasing concentration of the livestock sector on the economic welfare of rural Illinois. A pooled time-series, cross-sectional model is developed to study the dynamics of structural changes in hog production for the period 1981-1997. The model tests the efficient-market hypothesis on local rural economies. Keywords: hog production, concentration, economic impacts, rural communities
Tipo: Conference Paper or Presentation Palavras-chave: Hog production; Concentration; Economic impacts; Rural communities; Community/Rural/Urban Development; Livestock Production/Industries; Research Methods/ Statistical Methods.
Ano: 2000 URL: http://purl.umn.edu/21846
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PREDICTING COUPON USE FROM SHOPPER DEMOGRAPHIC AND BEHAVIORAL CHARACTERISTICS AgEcon
Park, Kristen; Gomez, Miguel I..
We surveyed of grocery shoppers in the Northeast United States to measure how demographic characteristics and consumer behavior affect the use of four coupon types (paper, in-store, checkout, and online). We employ logit models to estimate the probability that a consumer is a regular coupon user conditioned to his/her demographic and behavioral characteristics. Readership and economizing-behavior variables have a larger impact on the probability of being a coupon user than do demographic variables, except in the case of online coupons. Our results suggest that targeting specific coupon types using demographic profiles alone is not an appropriate method of coupon distribution. Understanding behavioral characteristics of the coupon users will help target...
Tipo: Journal Article Palavras-chave: Consumer/Household Economics.
Ano: 2004 URL: http://purl.umn.edu/27132
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Credit Risk Evaluation for Loans of Banco Agrario in Colombia (PowerPoint) AgEcon
Hennings, Enrique; Trujillo-Barrera, Andres; Katchova, Ani L.; Gomez, Miguel I.; Estrada, Dairo.
Tipo: Journal Article Palavras-chave: Agricultural Finance; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/48141
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EFFECTS OF FOOD AND HEALTH SPENDING PATTERNS ON THE HEALTH OF THE ELDERLY AgEcon
Gomez, Miguel I.; Ranney, Christine K..
Examines linkages between food and health spending patterns, income, and health status of the elderly. Links these relationships to food insecurity and expenditures on nutraceuticals. Methodology includes simultaneous estimation of expenditure systems and health production functions. Preliminary results indicate simultaneity between health production function and spending patterns throughout the life cycle.
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety; Health Economics and Policy.
Ano: 2002 URL: http://purl.umn.edu/19608
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Economic Impacts of Soybean Rust on the US Soybean Sector AgEcon
Gomez, Miguel I.; Nunez, Hector M.; Onal, Hayri.
The spread of Asian Soybean Rust (ASR) represents a real threat to the U.S. soybean sector. We assess the potential impacts of ASR on domestic soybean production and commodity markets as well as the competitive position of the US in the soybean export market. We develop a mathematical stochastic dynamic sector model with endogenous prices to assess the economic impacts of ASR on US agriculture. The model takes into account the disease spread during the cropping season, the inherent uncertainty regarding the risk of infection, and the dichotomous decisions that farmers make (no treatment, preventive treatment, and curative treatment) facing the risk of infection. Our results suggest substantial impacts from potential ASR spread on agricultural output,...
Tipo: Conference Paper or Presentation Palavras-chave: Asian Soybean Rust; Stochastic Models; Dynamic Models; Crop Production/Industries; C61; Q13.
Ano: 2009 URL: http://purl.umn.edu/49595
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DO CHANGES IN CUSTOMER SATISFACTION LEAD TO CHANGES IN PERFORMANCE IN FOOD RETAILING? AgEcon
Gomez, Miguel I.; McLaughlin, Edward W.; Wittink, Dick R..
We measure the links between store attribute perceptions and customer satisfaction, and between customer satisfaction and sales performance, in the food retail sector. Our data set consists of six waves of customer satisfaction and sales information for about 250 stores over the period 1998-2001 for a publicly held supermarket company. We construct a statistical model to address nonlinearities and asymmetries in the satisfaction-sales performance links, and we illustrate how food retailers can affect store revenues by managing customer satisfaction. Contributions of our study include the analysis of behavioral consequences of customer satisfaction in the food retail sector, the measurement of complexities of the satisfaction-sales performance links based...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2003 URL: http://purl.umn.edu/22048
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Economic Impacts of Soybean Rust on the US Soybean Sector AgEcon
Gomez, Miguel I.; Nunez, Hector M.; Onal, Hayri.
The spread of Asian Soybean Rust (ASR) represents a real threat to the U.S. soybean sector. We assess the potential impacts of ASR on domestic soybean production and commodity markets as well as the competitive position of the US in the soybean export market. We develop a mathematical stochastic dynamic sector model with endogenous prices to assess the economic impacts of ASR on US agriculture. The model takes into account the disease spread during the cropping season, the inherent uncertainty regarding the risk of infection, and the dichotomous decisions that farmers make (no treatment, preventive treatment, and curative treatment) facing the risk of infection. Our results suggest substantial impacts from potential ASR spread on agricultural output,...
Tipo: Working or Discussion Paper Palavras-chave: Asian Soybean Rust; Stochastic Models; Dynamic Models; Agribusiness; Marketing; C61; Q13.
Ano: 2009 URL: http://purl.umn.edu/51177
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Can Local Food Go Mainstream? AgEcon
King, Robert P.; Gomez, Miguel I.; DiGiacomo, Gigi.
Tipo: Journal Article Palavras-chave: Local Food; Relocalization; Supermarket; Distribution Center; Economies of Size; Transportation Efficiency; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2010 URL: http://purl.umn.edu/93824
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Economic Analysis of the Financial Impact of the Grape Leafroll Virus (GLRV) in the Finger Lakes Region of New York AgEcon
Gomez, Miguel I.; Atallah, Shady S.; Martinson, Timothy E.; Fuchs, Marc F.; White, Gerald B..
Tipo: Working Paper Palavras-chave: Crop Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/121653
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COSTS OF IMPROVING FOOD SAFETY IN THE MEAT SECTOR AgEcon
Jensen, Helen H.; Unnevehr, Laurian J.; Gomez, Miguel I..
Recently enacted food safety regulations require processors to meet product standards for microbial contamination in meat products. An analysis of the cost-effectiveness of several technological interventions for microbial control in beef and pork processing shows that marginal improvements in food safety can be obtained, but at increasing costs. The additional food safety intervention costs represent about 1% of total processing costs for beef and pork. Some interventions and combinations are more cost-effective than others.
Tipo: Journal Article Palavras-chave: Food safety; Meat processing; Regulation; Food Consumption/Nutrition/Food Safety.
Ano: 1998 URL: http://purl.umn.edu/15090
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Do retail coffee prices increase faster than they fall? Asymmetric price transmission in France, Germany and the United States AgEcon
Gomez, Miguel I.; Koerner, Julia.
This investigation examines price transmission asymmetries (PTA) between international and retail coffee prices in the US, France and Germany. Differences in price transmission mechanisms provide evidence for disparities in market structure and market performance across countries. Although all processors of roasted coffee purchase green coffee at the same price in the international markets, one finds significant differences in retail prices among these countries. The study develops an Error Correction (EC) representation model to assess PTA of non-stationary models. Finally, it claims that identifying differences in price transmission asymmetry is an approach to compare market structure across countries.
Tipo: Working or Discussion Paper Palavras-chave: Coffee; Markets; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2009 URL: http://purl.umn.edu/55930
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Price Transmission Asymmetries and Nonlinearities in the International Coffee Supply Chain AgEcon
Lee, Jun; Gomez, Miguel I..
We examine two distinct and important dimensions (e.g. symmetry vs. asymmetry and linearity vs. nonlinearity) of price transmission from international to retail coffee prices in France, Germany and the United States. We show that ignoring these two features of the price transmission process may lead to misleading impact assessments resulting from the elimination of International Coffee Agreement (ICA) in 1990. Our results confirm the presence of threshold effects in both periods (ICA and post ICA) in all three countries. Our estimates show that, in the long-run, the speed of adjustment toward equilibrium becomes faster during the post-ICA period in France and Germany. Our results suggest that, for these two countries, changes in international prices did...
Tipo: Conference Paper or Presentation Palavras-chave: Threshold; Nonlinearity; Asymmetric Price Transmission; Roasted Coffee; Germany; United States; France; Error Correction Model; Demand and Price Analysis; International Relations/Trade; C32; Q17.
Ano: 2011 URL: http://purl.umn.edu/104024
Registros recuperados: 26
Primeira ... 12 ... Última
 

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