Optimal hedge ratios on feeder steers for four different locations are estimated. Simulate hedging outcomes are evaluated to determine differences in hedging risk across locations. Results indicate that location explains little of the differences in risk, though hedging risk in Georgia is...

Factors influencing the adoption of Russian Varroa-Resistant honey bees were assessed. Logit results indicate factors associated with the adoption include sales, internet use, and contact with other beekeepers. Negatively associated factors are age and income. Future adoption depends upon...

The differences in prices paid and prices received by farmers are examined using cointegration analysis. A Johansen cointegration test between prices paid and prices received revealed that the series were cointegrated. After accounting for technological change, we do not reject a long-run...

Replaced with revised version of paper 01/26/06.

Index crop insurance products can eliminate the asymmetric information problem inherent in farm-level multiple peril crop insurance. Purchasers of index insurance products are, however, exposed to basis risk. This study evaluates the efficiency of various index insurance products to reduce farm...

This paper examines technological leapfrogging industries characterized by long term investments in perennial crops. Threshold farm size and economic valuation are used to evaluate adoption of harvester innovations. Less than 1 percent of Polish farmers are able to adopt overhead harvesters and...

In this paper we develop an autoregressive spatial simultaneous equations model to investigate the county-level determinants of small business growth and median household income in Appalachia during the period 1990-2000. Our GS2SLS and GS3SLS estimation results indicate significant spatial...

Using an econometric model the economic impact of the September 11, 2001(9/11) terrorists' attacks on the U.S. homeland on the trucking transportation sector in the United States is examined. Also, the econometric model was modified to show how this event may have inflicted economic damage on...

Using National Agricultural Workers Survey data, we estimate U.S. farm worker wage differentials by legal status. In order to adequately correct sample selection bias, we develop a Heckman-type two-stage method with an ordered probit model in the first stage and a wage equation model in the...

Fresh fruits and vegetables are perceived to be nutritious and healthy, but more costly than some less nutritious foods. Supermarket scanner data are used to analyze the purchase behavior of higher- and lower-income consumers for produce. Eight sub-categories of fruit are identified; six of...