Replaced with revised version of paper 07/30/04.

EU policies focus ever more on rural development initiatives. The horse sector provides some opportunities. An I/O model is used to examine the aggregate effects of the horse sector on Swedish agriculture. The maximal potential of the sector accounts for around 12% of the total contribution to...

An instrumental variables panal data model was applied to a set of dairy farm financial and production records from the states of New York and Pennsylvania and the province of Quebec. This model allowed unbiased efficiency estimation without the drawbacks of a Fixed Effects specification.

Past research disagrees about the effectiveness of generic meat advertising. The conflicting findings are shown to be due to the data transformation used by Ward and Lambert. The results support Brester and Schroeder's findings that the effect of generic meat advertising is small.

Production contract tournaments induce self-selection among producers. Self-selection for pork differs from broiler production resulting in a predictably different political response by incumbent producers to contract innovation. The higher capital and status of incumbent pork producers than...

A complete US poultry meat export demand system is estimated. A gradually switching dynamic advertising AIDS model is assessed to evaluate the effectiveness of non-price export promotions for US poultry meat products in major targeted international markets. The export demand elasticities are...

Trade liberalization has increased livestock sector interest regarding the impact of exports and imports on domestic meat prices. The focus of this analysis was to determine the impact on wholesale prices of various cuts of beef and pork from changes in U.S. meat exports and imports. The results...

In the estimation of aggregate meat demand systems, weak separability is often a maintained assumption. However, only a few studies have tested and failed to reject this assumption. Recently, Lewbel (1996) developed a generalized composite commodity theorem (GCCT) that is less restrictive than...

The late 1990's is a period of substantive change in U.S. dairy policy with respect to import quotas, export subsidies, and classified pricing under state and federal milk marketing orders. An interregional model of the U.S. dairy sector is used to provide quantitative measures of the regional...

This research focuses on developing a biannual net revenue forecasting model for hog producers based on Monte Carlo simulation of the joint distribution of hog, corn and soybean meal price series. The relative forecasting power of historical volatility, implied volatility and GARCH-based...