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Registros recuperados: 35 | |
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Weatherspoon, Dave D.; Seale, James L., Jr.; Moss, Charles B.. |
Theil’s inequality index is used to measure convergence in 14 Organization for Economic Cooperation and Development (OECD) countries in terms of per capita income, per capita government and investment expenditures, and industrial employment. Results indicate that all four variables have converged over the sample period, 1950-1988. Next, the indices of the four variables are made dynamic by using pairwise cointegration and Johansen’s I(2) multi-cointegration tests. These tests indicate that the four inequalities are cointegrated; that is, there exists a long-run equilibrium between the four inequalities of the 14 OECD countries. However, the inequality in per capita government expenditure has no effect on the G-7 equilibrium when analyzed without the... |
Tipo: Journal Article |
Palavras-chave: Cointegration; Convergence; G-7; Inequality; OECD. |
Ano: 2003 |
URL: http://purl.umn.edu/43300 |
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Oehmke, James F.; Wolf, Christopher A.; Weatherspoon, Dave D.; Naseem, Anwar; Maredia, Mywish K.; Raper, Kellie Curry; Hightower, Amie L.. |
Several characteristics of biotech industry structure follow cyclical patterns. Mergers and acquisitions activity shows cyclical behavior, with peaks from 1988-92 and 1996-97 and a valley from 1993-95. The ratio of large-firm to small-firm field trials, and the Herfindahl-Hirshmann concentration index, move pro-cyclically with M&A activity. This paper develops a formal, dynamic, neo-Schumpeterian model of endogenous R&D and innovation. The model generalizes and extends the literature on biotech industry concentration. For specified parameter values, the out-of-steady-state dynamics are examined, and shown to generate model behavior which is consistent with empirical descriptions of biotech concentration and R&D-activity cycles. |
Tipo: Working or Discussion Paper |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 1999 |
URL: http://purl.umn.edu/11792 |
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Weatherspoon, Dave D.; Alade, Julius A.; Danley, Cheryl. |
Emerging economies such as South Africa, only a few years out of apartheid, have been feeling the strains of socio-political change. While South Africa has experienced political reform, economic reform and access are slow to come. Currently, South Africa is the 7th largest producer of wine in the world. Although this industry is impressive, the apartheid era production practices have caused primarily the European consumers and media to be vocal about this issue. However, this concern has spread to other regions. The South African government and wine industry must respond to the external and internal market pressures and minimize transaction costs. Both entities want to increase wine exports and expand market share, however, given the socio-economic... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness. |
Ano: 1999 |
URL: http://purl.umn.edu/11578 |
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Neven, David; Hopkins, Rose; Weatherspoon, Dave D.; Reardon, Thomas. |
There are many interesting illustrations of the strong economic impact of commercial farmers in Southern Africa. For example, over just the last five years, tobacco production in Zimbabwe dropped dramatically from 240 to 60 million while at the same time in Zambia, Malawi and Mozambique tobacco production increased to record highs and spurred the development of tobacco processing infrastructure (The Economist 2004). The main driving force behind this change are the hundreds of (white) commercial farmers who lost their farms due to Zimbabwe's radical land policy but found facilitating governments in neighboring countries. Using the case of South Africa, this paper addresses the question of how commercial farmers, as a key economic resource, can play a key... |
Tipo: Working or Discussion Paper |
Palavras-chave: Marketing. |
Ano: 2005 |
URL: http://purl.umn.edu/11568 |
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Donnet, M. Laura; Weatherspoon, Dave D.; Hoehn, John P.. |
We analyze price and quality information at the procurement level in the specialty coffee supply chain using data from small and large volume e-auctions. Hedonic price equations reveal that the Cup of Excellence auction is a more differentiated market disclosing more information about coffee values associated with ratings, rankings, quantities available, and country reputations whereas information in the Q auction is more limited and tends to be remunerated to a lesser extent. These results indicate that there are different business models and valuation of product characteristics within the specialty coffee industry. Management implications are drawn for specialty coffee producers and roasters. |
Tipo: Journal Article |
Palavras-chave: Specialty coffee; E-auctions; Hedonic analysis; Business models; Demand and Price Analysis. |
Ano: 2007 |
URL: http://purl.umn.edu/8162 |
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Weatherspoon, Dave D.; Seale, James L., Jr.; Moss, Charles B.. |
Income convergence among the G-7 countries was demonstrated using Theil's inequality (entropy) index. G-7 convergence was also found for three potential factors of influence on economic growth: government expenditure, investment expenditure, and industrial employment. Pairwise cointegration tests indicated that income inequality was cointegrated with the other three inequality measures for the time period of 1950-88. Finally, Johansen's I(2) multi-cointegration tests indicated that three of the four inequality measures (i.e. income, investment expenditure, and industrial employment) were cointegrated suggesting that there exists a long-run equilibrium between the inequality in income, investment expenditure, and industrial employment. |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural and Food Policy. |
Ano: 1999 |
URL: http://purl.umn.edu/11675 |
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Weatherspoon, Dave D.; Oehmke, James F.; Raper, Kellie Curry. |
"It is further the policy of the Congress to promote the efficient production, marketing, distribution, and utilization of products of the farm as essential to the health and welfare of our peoples and to promote a sound and prosperous agriculture and rural life...It shall be the object and duty of the State agricultural experiment stations...to conduct original and other researches, investigations, and experiments...including researches basic to the problems of agriculture in its broadest aspects, and such investigations as have for their purpose and development and improvement of the rural home and rural life and the maximum contribution by agriculture to the welfare of the consumer..." (The Hatch Act) Land Grant Colleges and Universities (LGCUs) are... |
Tipo: Working or Discussion Paper |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 2000 |
URL: http://purl.umn.edu/11737 |
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Peterson, H. Christopher; Weatherspoon, Dave D.. |
The emergence of biotechnology in crop and livestock applications has been an issue of great controversy. Proponents argue that the potential benefits are dramatic while opponents have raised many concerns about the technology's risks. The Starlink debacle is a prime example of the undesirable outcomes which the debate has created. Given the controversy, what is the future of biotechnology for food uses? This paper is designed to address this question with a focus on the feasible range of alternative futures (scenarios) that could emerge. As a major variable in this analysis, the integrity of the scientific and business communities plays a critically important role. The paper begins with a description of three key uncertainties-food security,... |
Tipo: Working or Discussion Paper |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 2001 |
URL: http://purl.umn.edu/11683 |
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Russo, Carlo; Weatherspoon, Dave D.; Peterson, H. Christopher. |
The European food system is undergoing significant change driven both by global competitive forces and local conditions. Market globalization and technological innovation are interacting with the reform of EU's agricultural policies (CAP) and a renewed interest by the European society in the social and environmental functions of agriculture. These factors have created a new and challenging economic environment both for farmers and the food industry across Europe (Tarditi, 1997). |
Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness. |
Ano: 2000 |
URL: http://purl.umn.edu/11585 |
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Russo, Carlo; Weatherspoon, Dave D.; Peterson, H. Christopher; Sabbatini, Massimo. |
Excessive leverage is one of the most important problems facing Italian agricultural cooperatives as the competition in the EU intensifies. An empirical study of 500 agricultural cooperatives supports the hypothesis that cooperatives characterized as having "powerful managers" have a capital structure that is significantly different from the "nonpowerful manager" cooperatives. Powerful manager cooperatives were less leveraged and had a long term strategy that focused on minimizing financial risk by increasing their equity/asset ratio. The result of this strategy is an increased probability of long term international competitiveness. |
Tipo: Journal Article |
Palavras-chave: Agribusiness. |
Ano: 2000 |
URL: http://purl.umn.edu/34565 |
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Registros recuperados: 35 | |
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