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Registros recuperados: 14
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Economic Impacts of Ethanol Production in Georgia AgEcon
Flanders, Archie; Luke-Morgan, Audrey S.; Shumaker, George A.; McKissick, John C..
Capital costs to construct a conventional ethanol plant producing 100 million gallons per year are $170.593 million. Average annual net returns average $59.216 million with a 1% chance of annual net returns less than $0. Ethanol production stimulates total economic output of $314.221 million in the Georgia economy. Wages and benefits total $20.181 million for 408 jobs in Georgia. State and local governments derive a total of $4.572 million in tax revenues from ethanol production.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/34820
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AN ANALYSIS OF OPTIMAL FARM CAPITAL STRUCTURE AgEcon
Musser, Wesley N.; White, Fred C.; McKissick, John C..
Tipo: Journal Article Palavras-chave: Agricultural Finance.
Ano: 1977 URL: http://purl.umn.edu/29295
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Bennet-Bowley Measure for Productivity Analysis of Georgia Agriculture AgEcon
Flanders, Archie; White, Fred C.; McKissick, John C..
Georgia agricultural production continues on an increasing trend and reached a historical high in 2006. Increases in output have been accompanied by relatively lower levels of input increases. The Tornqvist productivity index indicates an average annual productivity increase of 3.0% during 1960-2006. Productivity increases explain how the Georgia agricultural economy is expanding during a period when farm acreage and the number of farms are declining. An alternative to the Tornqvist productivity index is the Bennet-Bowley productivity indicator. A feature of the Bennet-Bowley indicator is that it is a component of normalized profit change. Profit change can be decomposed into a price change component, as well as a productivity component. Declining output...
Tipo: Conference Paper or Presentation Palavras-chave: Productivity Analysis.
Ano: 2008 URL: http://purl.umn.edu/6110
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Willingness to Pay for Irradiated Meat Products: A Comparison between Poultry and Pork AgEcon
Huang, Chung L.; Wolfe, Kent; McKissick, John C..
Food processors are interested not only to increase the safety of their products but also to reduce losses associated with foodborne illness problems. Irradiating food products provides one means of addressing the foodborne illness issue by significantly reducing the presence of foodborne bacteria and diseases. The objective of the study is to develop an empirical model to estimate the likelihood of consumers purchasing irradiated food products and their willingness to pay for irradiated poultry and pork products within a two-step decision-making process. The decision-making framework assumes that consumers decide first whether or not to buy irradiated foods. If so, the consumer then decides specifically how much that they are willing to pay. Thus, a...
Tipo: Conference Paper or Presentation Palavras-chave: Food safety; Irradiation; Probit; Double-bounded bidding; Socio-demographics; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; D1; C21.
Ano: 2006 URL: http://purl.umn.edu/25416
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OPTIMAL MARKETING DECISIONS FOR FEEDER CATTLE UNDER PRICE AND PRODUCTION RISK AgEcon
Wang, Xuecai; Dorfman, Jeffrey H.; McKissick, John C.; Turner, Steven C..
In many parts of the U.S., beef cattle production is a large sector of the agricultural economy, yet few of the cattle are stockered; instead the production is focused on cow-calf operations only. Restricting their operation to only the first phase of beef production may be limiting the cattle owners' profit potential. This paper examines the opportunities for operators to earn additional profit from stockering cattle. Using a representative risk-averse producer, a decision set with seven possible marketing strategies is elevated for the optimal decision in a Bayesian framework which allows for price and production risk. We find that in many instances retaining the cattle for stockering is a superior decision when done in conjunction with specific...
Tipo: Journal Article Palavras-chave: Cattle; Decision science; Estimation risk; Marketing; Livestock Production/Industries; C6; D2; Q1.
Ano: 2001 URL: http://purl.umn.edu/15442
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IMPACTS OF ADVERTISING AND PROMOTION ON THE DEMAND FOR SCANNED PURCHASES OF VIDALIA ONIONS AgEcon
Costa, Ecio de Farias; Epperson, James E.; Huang, Chung L.; McKissick, John C..
This study evaluates the promotion and advertising impacts on the demand for scanned purchases of Vidalia onions and estimates returns to promotion expenditures. The analysis uses supermarket scanner data collected from scanned purchases of Vidalia onions and promotion expenditures generated by the Vidalia Onion Marketing Order. An error-components model is estimated to determine the impacts of promotion expenditures for scanned purchases of Vidalia onions, own price, prices of substitutes and complements, demographics, and seasonal variables for 10 different markets over a 260-week period from 1996 to 2001.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Marketing.
Ano: 2002 URL: http://purl.umn.edu/27623
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Consumer Willingness to Pay for Irradiated Poultry Products AgEcon
Wolfe, Kent; Huang, Chung L.; McKissick, John C..
A probit model for whether or not consumers would buy irradiated poultry products is estimated jointly with an OLS equation for the price premiums that consumers are willing to pay for irradiated chicken breast meat. The results suggest that educating consumers about irradiation would be beneficial to the food industry.
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2004 URL: http://purl.umn.edu/34682
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The Economic Feasibility of Using Georgia Biomass for Electrical Energy Production AgEcon
Shumaker, George A.; Luke-Morgan, Audrey S.; McKissick, John C..
This study investigates the potential for using biomass for the production of electricity in Georgia. The volume, important characteristics, and delivered costs per unit of energy are estimated for various locally produced biomass. Production of synthetic fuels using both pyrolysis and gasification technologies is investigated as potential means for converting biomass into electricity. Capital and operating costs for each of these two technologies are projected across three different scales of production. Estimated costs per unit of electricity generated are determined. It appears, under the conditions modeled, these technologies are not cost competitive with currently used technologies. Significant subsidies would be needed to induce the adoption of these...
Tipo: Journal Article Palavras-chave: Bio-electricity; Bio-feedstocks; Biomass; Cost; Electricity; Agribusiness; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/90661
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Consumer Attitudes, Knowledge, Experiences, and Socio-Demographic Characteristics on Willingness to Pay for Irradiated Pork AgEcon
Wolfe, Kent; Huang, Chung L.; McKissick, John C..
Tipo: Journal Article Palavras-chave: Consumer/Household Economics.
Ano: 2005 URL: http://purl.umn.edu/26739
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Public Policy Incentives for Large-Scale Dairies in Georgia AgEcon
Flanders, Archie; Shepard, Tommie; McKissick, John C..
Declining dairy cow populations in Georgia at a time when the human population is increasing lead to changes in the milk marketing system. A public policy initiative from state government to increase the number of large-scale dairies in Georgia has the potential to increase economic activity throughout the state. Total state output impact of a 1,000-head dairy farm in Georgia is $7.854 million, including $4.256 million in indirect economic activity. Although the agricultural sector receives the greatest benefits of dairy production, other sectors have significant sales and employment from milk production. Fluid milk manufacturing is an enterprise separate from production that has a state-level output impact of $9.844 million for a dairy farm with 1,000...
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/43496
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Input-Output Analysis with Public Policy Objectives: A Case Study of the Georgia Cotton Industry AgEcon
Flanders, Archie; Smith, Nathan B.; McKissick, John C..
Farm bill legislation directed at agricultural commodities contributes to economies of rural areas. This research quantifies the economic impacts of the Georgia cotton industry for the U.S. economy. A cotton industry model with cotton and peanut acreage is utilized with IMPLAN to estimate impacts. The Georgia cotton industry creates 4% more tax revenues for federal, state, and local governments than it receives in commodity support payments. Stochastic simulation analysis indicates that the Georgia cotton industry is not likely to remain viable without government payments.
Tipo: Journal Article Palavras-chave: Economic impact; FSRI; IMPLAN; Industry model; Multivariate empirical distribution; Simetar; Social welfare analysis; Stochastic simulation; Agribusiness; Research and Development/Tech Change/Emerging Technologies.
Ano: 2006 URL: http://purl.umn.edu/62279
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WHO ARE THE CONSUMERS OF VIDALIA ONIONS? AgEcon
Costa, Ecio de Farias; Wolfe, Kent; Epperson, James E.; Huang, Chung L.; McKissick, John C..
This study presents results of a telephone survey that was administered to primary food shoppers who had consumed Vidalia onions in the past. The survey samples were distributed according to the amount of Vidalia onions shipped to five different regions in the United States and weighed by the U.S. Census. Results indicate that Vidalia onions are the preferred sweet onion among consumers interviewed, that at-home consumption is highest, and that the quality of Vidalia onions remains high among the sample interviewed. Very little advertising was recalled, but in-store advertising was mentioned as the most effective.
Tipo: Journal Article Palavras-chave: Consumer/Household Economics.
Ano: 2003 URL: http://purl.umn.edu/27933
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FEEDER CATTLE PRICE DIFFERENTIALS IN GEORGIA TELEAUCTIONS AgEcon
Turner, Steven C.; Dykes, Nancy S.; McKissick, John C..
Three Georgia feeder cattle teleauction markets were analyzed from 1977 to 1988 to estimate the impacts of cattle characteristics and market conditions on prices. Cattle characteristic price impacts were similar to those in previous studies. The impact of feeder cattle futures price on teleauction price was positive but varied across markets. Optimal lot size ranged from 143 to 276 head. In one market, 14 lots were necessary to generate positive price impacts. Additional buyers were estimated to have a $.30/cwt per buyer impact on price.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1991 URL: http://purl.umn.edu/30047
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WHO ARE THE CONSUMERS OF VIDALIA ONIONS? AgEcon
Costa, Ecio de Farias; Wolfe, Kent; Epperson, James E.; Huang, Chung L.; McKissick, John C..
Tipo: Journal Article Palavras-chave: Consumer/Household Economics.
Ano: 2002 URL: http://purl.umn.edu/27617
Registros recuperados: 14
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