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Economic Value of Information: Wheat Protein Measurement

Miao, Ruiqing; Hennessy, David A. - Agricultural and Applied Economics Association - AAEA - 2011

In this paper we study U.S. wheat farmers’ willingness to pay for near infrared (NIR) sensor that can segregates wheat grains according to their protein concentration. We first develop a microeconomic optimization model of wheat farmers’ segregating and commingling decisions. Then we use...

Persistent link: https://www.econbiz.de/10009021011

Estimation of Asymmetric Price Adjustment in the U.S. Soybean Trade Using Rolling TAR: The Relation with Market Structure

Nakajima, Toru - Agricultural and Applied Economics Association - AAEA - 2011

The threshold autoregressive (TAR) model by Enders and Granger (1998) and Enders and Siklos (2001) is a popular econometric model that estimates asymmetric price transmission (APT) with non-stationary time series data. However, empirical studies have not considered much the arbitrariness of...

Persistent link: https://www.econbiz.de/10009021150

Endogenous R&D Investment and Market Structure: A Case Study of the Agricultural Biotechnology Industry

Anderson, Benjamin; Sheldon, Ian M. - Agricultural and Applied Economics Association - AAEA - 2011

Over the past three decades, the agricultural biotechnology sector has been characterized by rapid innovation, market consolidation, and a more exhaustive definition of property rights. The industry attributes consistently identified by the literature and important to this analysis include: (i)...

Persistent link: https://www.econbiz.de/10009145129

MARKET STRUCTURE IN BIOTECHNOLOGY: IMPLICATIONS FOR LONG-RUN COMPARATIVE ADVANTAGE

Lavoie, Brian F.; Sheldon, Ian M. - Agricultural and Applied Economics Association - AAEA - 2000

A country specializing in a high technology industry may find that excess returns stemming from innovation are reallocated overseas as foreign-based multinationals access ongoing domestic R&D through alliances with or acquisition of established domestic start-ups. Computer simulation illustrates...

Persistent link: https://www.econbiz.de/10005801280

The Biotechnology Sector: "Bounds" to Market Structure

Sheldon, Ian M. - Agricultural and Applied Economics Association - AAEA - 2008

This paper examines whether it makes sense to consider Sutton's "bounds" approach as a candidate theory for explaining the recent evolution of market structure in the biotechnology sector, and to speculate whether market structure will change if the industry begins to introduce second-generation...

Persistent link: https://www.econbiz.de/10005483450

Strategic Vertical Pricing in the U.S. Butter Market

Du, Ying; Stiegert, Kyle W. - Agricultural and Applied Economics Association - AAEA - 2009

This article develops a methodology for empirically analyzing vertically strategic interactions in a multi-level supply channel. The model is used to analyze the vertical channel for U.S. butter manufacturing and retailing. Aggregating products to the firm level and using a nonlinear AIDS demand...

Persistent link: https://www.econbiz.de/10005014779

The Role of Trust and Risk Aversion in Farmers' Used Machinery Transactions

Roe, Brian E.; Batte, Marvin T.; Diekmann, Florian - Agricultural and Applied Economics Association - AAEA - 2010

factors that impact farmers’ use of internet market venues is crucial as rural internet penetration deepens, farm equipment …

Persistent link: https://www.econbiz.de/10009020340

The Impact of Social Media on Consumer Demand: The Case of Carbonated Soft Drink Market

Liu, Yizao; Lopez, Rigoberto - Agricultural and Applied Economics Association - AAEA - 2013

This article estimates the impact of social media exposure on consumer valuation of product characteristics. We apply the Berry, Levinsohn and Pakes (1995) model of market equilibrium to sales data for 18 carbonated soft drink brands sold in 12 cities over 17 months (June 2011 to October 2012)...

Persistent link: https://www.econbiz.de/10010916349

Rating the Web Sites of Land Grant Universities and State Departments of Agriculture

Phillips, Jon C. - Agricultural and Applied Economics Association - AAEA - 2005

For at least ten years, educational and government organizations have used the Internet to communicate with their …

Persistent link: https://www.econbiz.de/10005803348

The Effects of the Internet on U.S. Bilateral Trade in Agricultural and Horticultural Commodities

Wheatley, W. Parker; Roe, Terry L. - Agricultural and Applied Economics Association - AAEA - 2005

This paper discusses some of the reasons why the Internet might have a positive effect on the international trade in … which differentiate the export and import effects of Internet infrastructure and cost. It also shows that the effect may be … dependent on product heterogeneity/perishability. Given the growth of the Internet over the past decade, coming to terms and …

Persistent link: https://www.econbiz.de/10005327349