The potential impact of a BSE outbreak on the US economy is modeled in input-output setting using 2002 US IMPLAN data. An outbreak of BSE would hurt the US beef industry, other agriculturally-related industry, and the rest of the economy as a whole. The worse effects occur in the beef cattle and...

In this paper, the impact of entry and exit of firms on the overall efficiency of the industry is examined in the efficiency framework, using agribusiness-trucking firms for the period 1994-2003. Specifically, industry efficiency is compared with and without firms that enter and exit using panel...

Gravity models were developed to estimate the potential bilateral exports of cocoa under trade liberalization by the sixteen major cocoa producing countries to the US using panel data from 1989 to 2003. The results indicate that differences between resource endowment, relative size of economies,...

This study evaluates the consequences of financial variables on the efficiency of Class I railroads in the United States for the period 1996-2006. A panel stochastic frontier analysis is used to simultaneously estimate the stochastic frontier model and financial ratio model with output and...

The objective of this paper is to assess the impact of NAFTA vis-a-vis other domestic and environmental forces in corn trading between U.S. and Mexico, and between U.S. and Canada. Pre- and Post-NAFTA comarison indicates that there has been a significant increase in corn trade in the post-NAFTA...

An input/output model was developed to estimate the potential economic impact of intentional attacks by agricultural terrorists using Exotic Newcastle Disease (END) on the poultry industry in Mississippi. The model measured impacts in terms of income, employment, output, and tax changes in the...

A multiple regression was performed on 37 years of data to determine the impact of raising the tobacco tax on cigarettes by $.24 per pack on cigarette sales in Mississippi. The t-statistic for the slope was significant at the .05 critical alpha level, t(29) =1.69 and p=.05. Thus, we conclude...

Econometric models were developed to estimate factors that influence strategic changes and evaluate the impacts that strategic changes will have on the subsequent performance of agricultural commodity trucking firms. Results reveal that GDP and change in firm size will have positive impacts on...

The purpose of this study is to investigate the issue of efficiency in the U.S. motor carrier industry using DEA and SFA. While both methods used the same variables, the resulting efficiency scores were significantly different. This leads to the question of which method is a better measure of...

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...