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Registros recuperados: 46
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Evaluating Marketing Channel Options for Small-Scale Fruit and Vegetable Producers: Case Study Evidence from Central New York AgEcon
LeRoux, Matthew N.; Schmit, Todd M.; Roth, Monika; Streeter, Deborah H..
An investigation of the relative costs and benefits of marketing channels used by typical small-scale diversified vegetable crop producers is conducted. Using case study evidence from four small farms in Central New York, this study compares the performance of wholesale and direct marketing channels, including how the factors of risk, owner and paid labor, price, lifestyle preferences, and sales volume interact to impact optimal market channel selection. Given the highly perishable nature of the crops grown, along with the risks and potential sales volume of particular channels, a combination of different marketing channels is needed to maximize overall firm performance. Accordingly, a ranking system is developed to summarize the major firm-specific...
Tipo: Report Palavras-chave: Marketing channel; Small-scale; Fruit and vegetable producers; Case study; Agribusiness; Crop Production/Industries; Financial Economics.
Ano: 2009 URL: http://purl.umn.edu/49044
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A HEDONIC APPROACH TO ESTIMATING OPERATION AND MAINTENANCE COSTS FOR NEW YORK MUNICIPAL WATER SYSTEMS AgEcon
Schmit, Todd M.; Boisvert, Richard N..
A hedonic cost function is used to isolate the operation and maintenance costs for water treatments. For small systems, costs are substantial for some technologies, but not for others. When regional differences in input costs are accounted for, small systems located in rural areas may have a cost advantage over similar systems closer to urban centers; however, costs of water treatment to meet Safe Drinking Water Act amendments may still be substantial.
Tipo: Journal Article Palavras-chave: Public Economics.
Ano: 1997 URL: http://purl.umn.edu/31560
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EGG ADVERTISING, DIETARY CHOLESTEROL CONCERNS, AND U.S. CONSUMER DEMAND AgEcon
Schmit, Todd M.; Kaiser, Harry M..
A model of the domestic demand for eggs was estimated from quarterly data over the period 1987 through 1995, incorporating an index of consumer dietary cholesterol concerns and generic advertising efforts by the American Egg Board and the California Egg Commission. Empirical results indicated that most of the observed change in egg demand could be explained by dietary cholesterol concerns. Simulating the model in a constant elasticity supply framework demonstrated that advertising efforts over the past several years have resulted in net benefits to egg producers largely when considering inelastic supply responses. However, considering trade bias reduces these benefit-cost ratios substantially.
Tipo: Journal Article Palavras-chave: Consumer/Household Economics; Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/31510
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Estimation of Price Elasticities from Cross-Sectional Data AgEcon
Chung, Chanjin; Dong, Diansheng; Kaiser, Harry M.; Schmit, Todd M..
This study develops an empirical framework that can be used to estimate quality-adjusted price elasticities from cross-sectional data, which are theoretically consistent and comparable to elasticities from time-series data. The new approach shows the importance of properly adjusting for quality variation in demand analysis.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2001 URL: http://purl.umn.edu/20517
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Optimal Institutional Mechanisms for Funding Generic Advertising: An Experimental Analysis AgEcon
Messer, Kent D.; Schmit, Todd M.; Kaiser, Harry M..
Given the uncertain legal status of generic advertising programs for agricultural commodities, alternative voluntary funding institutions are investigated hat could provide a high level of benefits to producers. This experimental study simulates key economic and psychological factors that affect producer contributions to generic advertising. The results suggests that producer referendum play a critical role in increasing contributions and that producer surplus is maximized by a Provision Point Mechanism instituted by producer referendum with thresholds ranging from 68% to 90%, and expected funding from 47% to 77% of the time, depending on the level of advertising effectiveness.
Tipo: Technical Report Palavras-chave: Generic commodity advertising; Experimental economics; Producer referendum; Provision point mechanism; Marketing.
Ano: 2004 URL: http://purl.umn.edu/122106
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Implications of Growing Biofuels Demands on Northeast Livestock Feed Costs AgEcon
Schmit, Todd M.; Verteramo, Leslie J.; Tomek, William G..
The relationship between complete-feed prices and commodity feedstock prices are estimated to analyze the effect of higher commodity prices on feed costs, with particular attention towards the price effects and substitutability of corn distillers dried grains with solubles (DDGS). Assuming the historical positive correlation between corn and DDGS prices, each $1/ton increase in the price of corn increases per ton feed costs between $0.45 and $0.67 across livestock sectors. A negative price correlation would offset some of the cost increases, but under most scenarios feed costs are expected to be at or above those experienced in 2007.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Finance.
Ano: 2008 URL: http://purl.umn.edu/37595
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DISTRIBUTION OF COMMUNITY WATER SYSTEMS ACROSS THE UNITED STATES WITH EMPHASIS ON SIZE, WATER PRODUCTION, OWNERSHIP, AND TREATMENT AgEcon
Boisvert, Richard N.; Schmit, Todd M..
An understanding of the diversity of community water systems (CWS) in the United States is essential when evaluating the financial implications of the 1986 and subsequent amendments to the Safe Drinking Water Act (SDWA). This diversity, in terms of size, primary water source, ownership, and existing levels of treatment, shape the nature of the technical, institutional, and financial issues that must be confronted in moving these systems toward compliance with SDWA regulations. This report provides a descriptive summary of these operating and design characteristics ofCWS's across the country. The data are organized to help provide a typology of representative public water systems that can be examined to better understand the regional effects of policy...
Tipo: Technical Report Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1996 URL: http://purl.umn.edu/122989
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Modeling the Household Purchasing Process Using a Panel Data Tobit Model AgEcon
Dong, Diansheng; Schmit, Todd M.; Kaiser, Harry M..
A panel data Tobit model is developed to examine the household purchase process for a frequently purchased commodity. The proposed model accounts not only for censoring or sample selectivity, but also the temporal dependence of the purchasing process using household panel data. The flexible error structure in the model accounts for both state dependence and household heterogeneity. Empirical findings show that purchase habits of milk persist across households over time, and most of them come from the household heterogeneity in preferences. Results also show that advertising increases the purchase quantity and purchase frequency simultaneously.
Tipo: Technical Report Palavras-chave: Household purchase; Fluid milk; Advertising; Panel data; Tobit model; Probability simulation; Food Consumption/Nutrition/Food Safety.
Ano: 2003 URL: http://purl.umn.edu/122115
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Optimal Institutional Mechanisms for Funding Generic Advertising: An Experimental Analysis AgEcon
Messer, Kent D.; Schmit, Todd M.; Kaiser, Harry M..
Given the uncertain legal status of generic advertising programs for agricultural commodities, alternative voluntary funding institutions are investigated hat could provide a high level of benefits to producers. This experimental study simulates key economic and psychological factors that affect producer contributions to generic advertising. The results suggests that producer referendum play a critical role in increasing contributions and that producer surplus is maximized by a Provision Point Mechanism instituted by producer referendum with thresholds ranging from 68% to 90%, and expected funding from 47% to 77% of the time, depending on the level of advertising effectiveness.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2005 URL: http://purl.umn.edu/19130
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IDENTIFYING THE EFFECTS OF GENERIC ADVERTISING ON THE HOUSEHOLD DEMAND FOR FLUID MILK AND CHEESE: A TWO-STEP PANEL DATA APPROACH AgEcon
Schmit, Todd M.; Dong, Diansheng; Chung, Chanjin; Kaiser, Harry M.; Gould, Brian W..
A two-step model with sample selection is applied to panel data of U.S. households to estimate at-home demand for fluid milk and cheese, incorporating advertising expenditures. The model consistently accounts for sample-selection bias, unobserved household heterogeneity, and temporal correlation. Generic advertising programs for fluid milk and cheese were effective at increasing conditional purchase quantities, with very little effect on the probability of purchase. In contrast to aggregate studies, the long-run generic advertising elasticities for cheese were larger than for those of fluid milk. Advertising response varied considerably across sub-product classes, while branded advertising expenditures were largely insignificant.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Marketing.
Ano: 2002 URL: http://purl.umn.edu/31088
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Factors Affecting the Growth of Food and Beverage Manufacturers in New York State AgEcon
Hall, Jeffrey S.; Schmit, Todd M..
Tipo: Conference Paper or Presentation Palavras-chave: Community/Rural/Urban Development; Marketing.
Ano: 2010 URL: http://purl.umn.edu/61396
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Strategic Marketing Conference Proceedings 2007 AgEcon
Schmit, Todd M.; Weybright, Robert J..
Tipo: Working Paper Palavras-chave: Marketing.
Ano: 2008 URL: http://purl.umn.edu/121776
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The Effectiveness of Farm-to-Chef Marketing of Local Foods: An Empirical Assessment from Columbia County, NY AgEcon
Schmit, Todd M.; Lucke, Anne; Hadcock, Stephen E..
Tipo: Working Paper Palavras-chave: Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2010 URL: http://purl.umn.edu/121634
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Serving Member Interests in Changing Markets: A Case Study of Pro-Fac Cooperative AgEcon
Henehan, Brian M.; Schmit, Todd M..
Since the inception of Pro-Fac Cooperative (PF) in 1960, the cooperative has undergone significant structural and organizational changes. The PF case presents a unique opportunity to examine the changes in the processed fruit and vegetable industry and the strategies adopted by a producer-owned cooperative to best represent member interests in the face of the industry structural changes over the past fifty years. PF is an agricultural cooperative that markets crops primarily grown by its member-growers, including fruits (cherries, apples, blueberries, and peaches), vegetables (snap beans, beets, peas, sweet corn, carrots, cabbage, squash, asparagus and potatoes), and popcorn. Members are located principally in the states of New York, Delaware,...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural cooperatives; Fruit and vegetable processing; Private equity firms; Boards of directors; Financing.; Agribusiness; Community/Rural/Urban Development; Crop Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/48924
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Ethanol Plant Investment using Net Present Value and Real Options Analyses AgEcon
Schmit, Todd M.; Luo, Jianchuan; Tauer, Loren W..
A real option analysis of dry-grind corn ethanol plants compared to a standard net present value analysis (NPV) shows that the option values increase entry prices and lower exit prices of investment and disinvestment considerably. For a large plant, the gross margin of ethanol price over the corn price for a gallon of ethanol using NPV shows that entry will occur with a $0.45 margin and shutdown will occur at a $0.38. Under a real options framework, the margins for entry and exit become $1.33 and $0.13, respectively. Under baseline conditions, a large operating plant would become mothballed at $0.18 and reactivate if margins rebounded to $0.66. Growth in the variability of ethanol margins will delay new plant investments, as well as exits of currently...
Tipo: Working or Discussion Paper Palavras-chave: Ethanol; Net Present Value; Real Options Analyses; Environmental Economics and Policy; Financial Economics; Production Economics; Resource /Energy Economics and Policy; D21; D81; Q4.
Ano: 2008 URL: http://purl.umn.edu/51145
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NY Pollution Discharge Elimination Permits for CAFOs, Management Adjustments and the Environment AgEcon
Enahoro, Dolapo K.; Schmit, Todd M.; Boisvert, Richard N..
Weakening demand for livestock and dairy produce, historically high prices for feed ingredients and increasingly strict regulations on animal waste management continue to put significant pressure on livestock and dairy operating margins. In this paper, we use representative farm mathematical programming models to analyze important linkages between farm management adjustments and changes in farm income due to recent changes in relevant agricultural prices and restrictions on land application of nutrients. We account explicitly for new restrictions on land application of nitrogen and phosphorus, and specifically applied to confined animal feeding operations (CAFOs). Our mathematical methods and the distinctive data available allows for the assessment of...
Tipo: Conference Paper or Presentation Palavras-chave: CAFO regulations; Nutrient management; Manure disposal; Mathematical programming; Environmental quality; Environmental Economics and Policy; Farm Management; Production Economics.
Ano: 2010 URL: http://purl.umn.edu/61143
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The Dairy Case Management Program: Does It Mooove More Milk? AgEcon
Schmit, Todd M.; Chung, Chanjin; Kaiser, Harry M..
Tipo: Journal Article Palavras-chave: Livestock Production/Industries; M31; Q13.
Ano: 2006 URL: http://purl.umn.edu/94419
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TRADEOFF BETWEEN ECONOMIES OF SIZE IN TREATMENT AND DISECONOMIES OF DISTRIBUTION FOR RURAL WATER SYSTEMS AgEcon
Boisvert, Richard N.; Schmit, Todd M..
This paper outlines a method to determine the tradeoff between economies of size in water treatment and diseconomies of distribution. Cost equations are estimated for several treatment technologies and distribution extensions. Empirical results are used to identify optimal system size where average total costs are minimized. Regardless of treatment, most costs are due to distribution. As water systems expand service territories, only in the most densely populated areas would remaining economies of size in treatment outweigh the diseconomies in distribution.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/31572
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THE DAIRY CASE MANAGEMENT PROGRAM: DOES IT MOOOVE MORE MILK? AgEcon
Schmit, Todd M.; Kaiser, Harry M..
High increases in media advertising costs have caused a shift away from generic advertising to other promotional activities. A relatively new retail-level promotional activity is the Dairy Case Management Program aimed at improving the management, appearance, and operation of the dairy case. An evaluation of the Northwestern Hudson Valley Market program demonstrated increases in sales volume for both supermarkets/mass merchants and convenience/drug stores. However, the value of volume gains compared with program costs indicates a cost recovery time of over two years. Therefore, program success depends on the implementation of a long-run strategy with continual evaluation.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2004 URL: http://purl.umn.edu/20317
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Implications of Growing Biofuels Demands on Northeast Livestock Feed Costs: Understanding the Technical Relationships between Ingredient Prices and Feed Costs AgEcon
Schmit, Todd M.; Verteramo, Leslie J.; Tomek, William G..
Tipo: Working Paper Palavras-chave: Livestock Production/Industries; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/121805
Registros recuperados: 46
Primeira ... 123 ... Última
 

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