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| Registros recuperados: 54 | |
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| Centner, Terence J.; Wetzstein, Michael E.. |
| The judiciary has relied on a firm's market share to evaluate the presence of monopoly power for a Sherman Act monopolization violation. However, an allegation that a firm's market share constitutes monopoly power may be refuted by evidence that there exists a contestable market. Contestable market theory shows that there is no monopoly power where there exists a threat of entry of other firms. This theory thereby offers agricultural cooperatives, which may have a large market share by reasons of the antitrust immunity provided by the Capper-Volstead Act, an argument to overcome allegations of a Sherman Act monopolization violation. |
| Tipo: Journal Article |
Palavras-chave: Industrial Organization. |
| Ano: 1984 |
URL: http://purl.umn.edu/29625 |
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| Zhang, Zibin; Vedenov, Dmitry V.; Wetzstein, Michael E.. |
| The U.S. ethanol fuel industry has experienced preferential treatment from federal and state governments ever since the Energy Tax Act of 1978 exempted 10% ethanol/gasoline blend (gasohol) from the federal excise tax. Combined with a 54¢/gal ethanol import tariff, this exemption was designed to provide incentives for the establishment and development of a U.S. ethanol industry. Despite these tax exemptions, until recently, the U.S. ethanol fuel industry was unable to expand from a limited regional market. Ethanol was dominated in the market by MTBE (methyl-tertiary-butyl ether). Only after MTBE was found to contaminate groundwater and consequently banned in many states did the demand for ethanol expand nationally. Limit pricing on the part of MTBE... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/34867 |
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| Wetzstein, Michael E.; Musser, Wesley N.; Linder, David K.; Douce, G. Keith. |
| Principal component analysis in employed to develop indices that distinguish between participants and nonparticipants in Integrated Pest Management (IPM) programs. Results of incorporating these indices into yield, net return, and production cost functions for cotton producers indicate that both yield and costs increase as the degree of producer participation in IPM increases. Although these results are inconsistent with previous research, they are consistent with the theoretical relationship between IPM and conventional input usage. |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 1985 |
URL: http://purl.umn.edu/32308 |
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| Zhang, Zibin; Jin, Xiangrong; Dong, Xuebing; Wetzstein, Michael E.. |
| Since the beginning of this century, China’s annual GDP growth is over 9%. This growth is fueled by large increases in energy consumption, led by a coal-dominated energy structure, and associated with higher sulfur dioxide emissions and industry dust. In 2008, China accounted for over 17% of the world’s total primary energy consumption and accounts for nearly three-quarters of global energy growth. At an average annual energy growth rate over 12% since 2000, China’s future share of primary energy consumption will continue to increase. A consequence of this growth is China becoming the global leader in sulfur and carbon dioxide emissions. To deal with these energy and environmental challenges, the government set energy saving and pollution reduction... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental productivity efficiency; Hyperbolic distance function; China's energy policy; Environmental Economics and Policy; Productivity Analysis; Resource /Energy Economics and Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/60918 |
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| Qiu, Cheng; Colson, Gregory; Zhang, Zibin; Wetzstein, Michael E.. |
| The US Environmental Protection Agency announced a waiver allowing an increase in the Fuel-Ethanol blend limit (the “blend wall” ) from 10% (E10) to 15% (E15) on October,2010.Justifications for the waiver are reduced vehicle fuel prices and less consumption of petroleum gasoline, leading to energy security. In this paper, employing Monte Carlo simulations and Savitzky-Golay smoothing filter, an empirical study examines this waiver revealing an anomaly where a relaxation of this blend wall elicits a demand response. Under a wide range of elasticities, this demand response can actually increase the consumption of petroleum gasoline and thus lead to greater energy insecurity. The economics supporting this result and associated policy implications are... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Blend wall; Energy security; Ethanol; Resource /Energy Economics and Policy. |
| Ano: 2011 |
URL: http://purl.umn.edu/98795 |
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| McClelland, John W.; Wetzstein, Michael E.; Musser, Wesley N.. |
| Differences between the concepts of returns to size and returns to scale are systematically reexamined in this paper. Specifically, the relationship between returns to scale and size are examined through the use of the envelope theorem. A major conclusion of the paper is that the level of abstraction in applying a cost function derived from a homothetic technology within a relevant range of the expansion path may not be severe when compared to the theoretical, estimative, and computational advantages of these technologies. |
| Tipo: Journal Article |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 1986 |
URL: http://purl.umn.edu/32252 |
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| Byrd, Mark M.; Fonsah, Esendugue Greg; Escalante, Cesar L.; Wetzstein, Michael E.. |
| The elimination of methyl bromide (MeBr) has been a hot topic for policymakers for more than a decade. As a result, of the Montreal Protocol on Substances that Deplete the Ozone Layer, signatory nations began implementing guidelines aimed at reducing or eliminating a variety of toxic substances, including MeBr, which has been identified as one of the toxic contributors to ozone depletion. In 1997 the Ninth Meeting of the Parties in Montreal recommended an accelerated phase-out schedule for MeBr. The accelerated phase-out program is a major concern to most U.S. farmers, and in particular to farmers in Georgia, where the product is used not only as an important soil fumigant but also to control both the yellow and purple nutsedge (Cyperus sp.). Furthermore,... |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 2006 |
URL: http://purl.umn.edu/8571 |
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| Registros recuperados: 54 | |
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