Showing 1 - 10 of 19
This study provides a new framework of analysis of the market and welfare effects of mandatory country of origin labeling (MCOOL) for fruits and vegetables that accounts for heterogeneous consumer preferences for domestic products, differences in producer agronomic characteristics, and retailer...
Persistent link: https://www.econbiz.de/10005483443
Derived demand relationships among four weight categories of feeder cattle entering Texas feedlots and feed were examined using a Generalized McFadden dual cost function specified as an error correction model. Relationships among own- and cross-price elasticities provide evidence for at least...
Persistent link: https://www.econbiz.de/10005327376
This paper explores the time series properties of cattle and feed prices to determine the effect shocks may have on price evolution. Two different unit roots tests are applied to the data and compared and the issue of fractional integration is discussed. A Geweke Porter-Hudak test finds that at...
Persistent link: https://www.econbiz.de/10005330127
This paper examines domestic and international food market integration in Russia before and after the financial crisis of 1998. Using monthly prices of bread, pork, and beef in 80 regions of Russia from 1994 to 1999, we measure the short-run response of regional prices to changes in foreign...
Persistent link: https://www.econbiz.de/10005339019
In this paper we evaluate the performance of a dynamic model of cattle replacement and culling decisions. We derive the price of cattle when it is treated as a unit of capital and evaluate various rates of adjustment of the cattle herd to determine the length of the cattle cycle. Replacement...
Persistent link: https://www.econbiz.de/10005805939
We divide countries into two technology categories: developed and developing. Agricultural efficiency within each technology category was calculated. Cross-category efficiency measures were developed and combined with own-category measures to develop a technical difference index. Results...
Persistent link: https://www.econbiz.de/10005500353
We extend the methodology of a two-step profit function to obtain area and yield elasticities. We then estimate the effects of price and technology on crop output of France, Germany, and the UK. Area elasticities were obtained by adding area shadow price equations to the standard dual model of...
Persistent link: https://www.econbiz.de/10005513466
In 2006 FDA announced that consumers should not eat fresh spinach in the wake of a large foodborne illness outbreak of E. coli O157:H7. This paper investigates response of consumers to the announcement. We use an AIDS demand model with 5 food safety shock variables and retail scanner data to...
Persistent link: https://www.econbiz.de/10005483439
A central theme of international trade research has been the impact of trade liberalization on productivity. Early literature on this theme points out that trade liberalization brings resource/organizational adjustment across industries and this adjustment enhances productivity. A traditional...
Persistent link: https://www.econbiz.de/10010880859
This paper examines the causes of spatial inequalities in economic development across rural America. A theoretical model is developed to analyze interactions between location decisions of firms and households as they are affected by natural endowments, accumulated human and physical capital, and...
Persistent link: https://www.econbiz.de/10005327377