Showing 1 - 10 of 327
When contract production is marketed contemporaneously with production sold through a spot market, it is conveninet to specify the contract price in terms of the subsequent cash price. This paper examines the competitive implications of such pricing arrangements, focusing in particular upon...
Persistent link: https://www.econbiz.de/10005513434
We estimate five regional price determination models, four for regions in California, and one for Florida. We compare our regional California estimation results to those of an aggregate, state-level model. We use our estimation results to address three questions of interest to the strawberry...
Persistent link: https://www.econbiz.de/10005513461
This paper develops a dynamic model of crop production under uncertainty with intraseasonal input choices. Crop production involves multiple stages, including at least seeding, post emergence fertilizer/pesticide application and harvesting. If the farmer receives new information about the output...
Persistent link: https://www.econbiz.de/10005801064
This paper describes the first use of a methodology based on a utility-theoretic behavioral model to simultaneously estimate a household's WTP for a non-market good in both money and a non-monetary numeraire good. WTP by subsistence farmers in Namibia for deterrents to wildlife attacks on crops...
Persistent link: https://www.econbiz.de/10005801065
Price elasticities and flexibilities for a system of frozen dessert products are estimated from scanner data. Simultaneity tests reject exogeneity of conditional expenditures, but not prices or quantities, at the weekly level. Inverting the elasticity matrix to obtain flexibilities, while...
Persistent link: https://www.econbiz.de/10005801066
In areas characterized by wind erosion and shifting sand dunes, shelterbelts can increase crop yields. Groundnut yields in southern India increased with the introduction and maturation of shelterbelts. Decomposition analysis attributed most of the yield increases to the shelterbelts themselves,...
Persistent link: https://www.econbiz.de/10005801067
This paper determines the impact of food industry market power on farmers' incentive to promote in a situation where funds for promotion are raised through a per-unit assessment on farm output and food industry technology is characterized by variable proportions. Specifically, building on...
Persistent link: https://www.econbiz.de/10005801068
Risk theory tells us if an insurer can effectively pool a large number of individuals to reduce the total risk, he then can provide the insurance by charging a premium close to the actuarially fair rate. There is, however, a common belief that the risk can be effectively pooled only when the...
Persistent link: https://www.econbiz.de/10005801069
Using data reporting section-level pesticide use for all of Arizona, this study estimates how early-season adoption of new biorational insecticides reduced subsequent broad-spectrum insecticide applications in cotton. The two-stage econometric model accounts for the endogeneity and censoring of...
Persistent link: https://www.econbiz.de/10005801070
In this paper we propose a methodology to measure the characteristics and composition of intermediate products using productivity indicators based on directional distance functions. We evaluate how quality attributes interact with the quantity level in grapes production, and find evidence of a...
Persistent link: https://www.econbiz.de/10005801071