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An Improved Method for Calibrating Purchase Intentions in Stated Preference Demand Models

Davies, Stephen P.; Loomis, John B. - In: Journal of Agricultural and Applied Economics 42 (2010) 04

The Orbit demand model allows the magnitude of the calibration to stated purchase intentions to vary based on the magnitude of the stated quantities. Using an empirical example of stated trips, we find that the extent of calibration varies substantially with less correction needed at small...

Persistent link: https://www.econbiz.de/10008853634

Dynamic Effects of Grain and Energy Prices on the Catfish Feed and Farm Sectors

Muhammad, Andrew; Zheng, Hualu - In: Journal of Agricultural and Applied Economics 42 (2010) 04

This study examines the dynamic effects of grain prices and energy prices on catfish feed prices and the price of food-sized catfish at the farm level. Using the autoregressive distributed lag model and bounds testing procedure, a long-run relationship between feed and farm prices and their...

Persistent link: https://www.econbiz.de/10008854568

Forward Pricing Behavior of Corn and Soybean Producers

Davis, Todd D.; Patrick, George F.; Coble, Keith H.; … - In: Journal of Agricultural and Applied Economics 37 (2005) 01

Forward pricing behavior of random samples of Indiana, Nebraska, and Mississippi crop producers was analyzed using Heckmanâ€™s two-step limited information maximum likelihood estimation procedure. Producers who forward priced during the 1995-1998 period generally expected to forward price...

Persistent link: https://www.econbiz.de/10005041392

Demand for Multimedia in the Classroom

Boyer, Tracy A.; Briggeman, Brian C.; Norwood, F. Bailey - In: Journal of Agricultural and Applied Economics 41 (2009) 03

This study elicits preferences for multimedia in the classroom for students and faculty members in agricultural economics. Employing an Internet-based conjoint ranking survey, the results show that students prefer multimedia instructional tools over a traditional chalkboard/whiteboard lecture...

Persistent link: https://www.econbiz.de/10008504233

The Marketing Performance of Illinois and Kansas Wheat Farmers

Dietz, Sarah N.; Aulerich, Nicole M.; Irwin, Scott H.; … - In: Journal of Agricultural and Applied Economics 41 (2009) 01

The purpose of this paper is to analyze the marketing performance of wheat farmers in Illinois and Kansas over 1982â … marketing performance of wheat farmers in Illinois and Kansas is about equal to the market if a 24- or 20-month market benchmark …€“2004. The results show that farmer benchmark prices for wheat in Illinois and Kansas fall in the middle third of the price …

Persistent link: https://www.econbiz.de/10005041379

COST OF FORWARD CONTRACTING HARD RED WINTER WHEAT

Townsend, John P.; Brorsen, B. Wade - In: Journal of Agricultural and Applied Economics 32 (2000) 01

Two methods were used to estimate the cost of forward contracting hard red winter wheat. One hundred days before …

Persistent link: https://www.econbiz.de/10005469105

Lump Sum versus Annuity: Choices of Kentucky Farmers during the Tobacco Buyout Program

Pushkarskaya, Helen N.; Marshall, Maria I. - In: Journal of Agricultural and Applied Economics 41 (2009) 03

Our study uses the data collected during the implementation of the tobacco buyout program in Kentucky to evaluate how rural households, diverse in income, age, family structure, location, education level, and other characteristics, made a choice between annuities and a lump-sum payment. Subjects...

Persistent link: https://www.econbiz.de/10008474537

Farming Exit Decision by Age Group: Analysis of Tobacco Buyout Impact in Kentucky

Pushkarskaya, Helen N.; Vedenov, Dmitry V. - In: Journal of Agricultural and Applied Economics 41 (2009) 03

This article analyzes factors that affected the decision to exit tobacco production in the wake of the tobacco buyout program using the data collected through a survey of Kentucky tobacco farmers. Using the Heuristic logistic regression model, we find that the decision to exit tobacco growing...

Persistent link: https://www.econbiz.de/10008474540

Are Consumers Willing to Pay More for Biodegradable Containers Than for Plastic Ones? Evidence from Hypothetical Conjoint Analysis and Nonhypothetical Experimental Auctions

Yue, Chengyan; Hall, Charles R.; Behe, Bridget K.; … - In: Journal of Agricultural and Applied Economics 42 (2010) 04

This study used and compared hypothetical conjoint analysis and nonhypothetical experimental auctions to elicit floral customersâ€™ willingness to pay for biodegradable plant containers. The results of the study show that participants were willing to pay a price premium for biodegradable...

Persistent link: https://www.econbiz.de/10008853643

Valuing Intellectual Property Rights in an Imperfectly Competitive Market: A Biopharming Application

Kostandini, Genti; Mills, Bradford F. - In: Journal of Agricultural and Applied Economics 41 (2009) 03

Small research firms developing biotechnology applications often focus on establishing intellectual property rights (IPRs), which can then be sold to more established firms with existing market channels. This paper presents a method for valuing the IPRs for an innovation that lowers product...

Persistent link: https://www.econbiz.de/10008474539

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