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| Registros recuperados: 28 | |
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| Mahrizal; Nalley, Lawton Lanier; Dixon, Bruce L.; Popp, Jennie S. Hughes. |
| This study sets out to empirically estimate the optimum annual replacement rate and age of cocoa trees in order to maximize the net present value of four common cocoa production systems. The study examines the costs and returns of four common cocoa production systems in Ghana associated with changes in cocoa prices, fertilizer prices, inflation rates, and labor prices. While this study focuses on cocoa, the methodology is applicable to any perennial crop. This study uses empirical yield curves and cost of production data from Ghana to determine when and what percentage of a cocoa orchard should be replaced annually to maximize net present value of revenues over time. Successive versions of the model are solved to determine how input and output price... |
| Tipo: Presentation |
Palavras-chave: Cocoa; Replacement Rate; Net Present Value (NPV); Production Economics; Q01; Q15; Q32. |
| Ano: 2012 |
URL: http://purl.umn.edu/119777 |
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| Nalley, Lawton Lanier. |
| This paper uses the Almost Ideal Demand System (AIDS) model to analyze two issues 1) The effect of the implementation of mandatory country of origin labeling and 2) the effect of the tariff on Vietnamese basa. The data would suggest that the first effort (COOL), in 2002, of the CFA to help protect domestic production may have actually had adverse effects. That is, by mandating that Vietnamese catfish be labeled as basa, a new market was created. This new market seems to have favorably differentiated the Vietnamese product from the American product. The second attempt to protect the domestic industry was to implement a tariff on all imports in February 2003. Since the market had been segmented by the mandatory COOL (2002) before the tariff implementation... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis. |
| Ano: 2007 |
URL: http://purl.umn.edu/34993 |
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| Nalley, Lawton Lanier; Hudson, Darren. |
| Much attention has been paid to alternative fuel sources of late. Ethanol has been a politically popular alternative fuel additive and has recently been pushed to the forefront as a leading replacement to MTBE as an oxygenate. This paper examines the potential markets for ethanol, including biomass ethanol, and discusses the strengths and weaknesses of different oxygenate products. We find that the market for ethanol is tenuous and dependent on government support at this time. Biomass ethanol is more expensive to produce, but does have the advantage of being able to be produced near petroleum refineries, thus reducing transport costs, compared to other sources of ethanol. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/15808 |
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| Harri, Ardian; Nalley, Lawton Lanier; Hudson, Darren. |
| Exchange rates have long been thought to have an important impact on the export and import of goods and services, and, thus, exchange rates are expected to influence the price of those products that are traded. At the same time, energy impacts commodity production in some very important ways. The use of chemical and petroleum derived inputs has increased in agriculture over time; the prices of these critical inputs, then, would be expected to alter supply, and, therefore, the prices of commodities using these inputs. Also, agricultural commodities have been increasingly used to produce energy, thereby leading to an expectation of a linkage between energy and commodity markets. In this paper, we examine the price relationship through time of the primary... |
| Tipo: Journal Article |
Palavras-chave: Cointegration; Commodity prices; Crude oil; Exchange rates; Agribusiness; Consumer/Household Economics; International Relations/Trade; Marketing; Production Economics; Resource /Energy Economics and Policy; C32; L71; Q11; Q40. |
| Ano: 2009 |
URL: http://purl.umn.edu/53095 |
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| Nalley, Lawton Lanier; Barkley, Andrew P.. |
| CIMMYT has invested a large and significant amount of public expenditures in wheat breeding research each year for several decades. Estimates of the impact of the wheat breeding program on wheat yield increases provides information to scientists, administrators, and policy makers regarding the efficacy and the rate of return to these investments, providing important information for future funding decisions. Using CIMMYT test plot data from the Yaqui Valley in Mexico from 1990-2002, regression results indicate that the release of modern CIMMYT varieties has contributed approximately 53.77 kg/ha to yield annually. The growing conditions of the experiment fields located in the Yaqui Valley approximate 40% of the developing world's wheat growing conditions.... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries. |
| Ano: 2007 |
URL: http://purl.umn.edu/9778 |
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| Nalley, Lawton Lanier; Hudson, Darren. |
| Uniform auctions are commonly used to elicit willingness to pay for new or novel products, product attributes, or non-market goods. However, most auctions or other contingent-valuation techniques do not allow for negative values, despite the fact that many consumers hold negative values for these products or product attributes. We conducted a WTP auction for a new product along with a within-sample WTA second auction allowing for negative responses. We find that failing to allow for negative values significantly inflates willingness to pay estimates and estimates of expected market share. This paper provides a method of incorporating negative values into auctions and willingness to pay elicitation. |
| Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety. |
| Ano: 2009 |
URL: http://purl.umn.edu/99790 |
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| Nalley, Lawton Lanier; Hudson, Darren; Parkhurst, Gregory M.. |
| Location of product origin is an often-used marketing device by retailers. This approach is based on the assumption that location of origin signals something to consumers about the underlying quality (or other attributes) of the product. This can be an effective strategy if the signal matches the consumer valuation of the product after consumption. In the same vein, health advertising is used to increase demand for a product that exhibits "healthy" dietary attributes. While there have been numerous studies examining the potential impacts of these attributes on demand, there have been few rigorous studies that examine the consistency of consumer valuations of location of origin before and after they have actually consumed the product (or before and... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Food Consumption/Nutrition/Food Safety. |
| Ano: 2004 |
URL: http://purl.umn.edu/15791 |
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| Nalley, Lawton Lanier; Hudson, Darren; Parkhurst, Gregory M.. |
| We used a controlled, uniform 5th-price auction to elicit values for sweet potatoes—both when location is known and unknown, and before and after tasting and providing health information. Significant differences were found between pre- and post-consumption valuations and also found that there were significant effects for location of origin and health information. Interestingly, we also find that location of origin not only affects the level of bids, but also the marginal differences in bids between different potatoes. Overall, however, these results suggest little consistency in bid values across information sets, suggesting that attempting to elicit values of attributes in isolation may lead to erroneous results. |
| Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics; Demand and Price Analysis. |
| Ano: 2006 |
URL: http://purl.umn.edu/7063 |
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| Registros recuperados: 28 | |
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