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This article examines the effects of increasing market concentration level in the U.S. nitrogen fertilizer industry. Results indicate that the costs of market power are greater than the benefits of market concentration, in terms of manufacturing cost efficiency. To provide a stable nitrogen...
Persistent link: https://www.econbiz.de/10005320274
This paper presents a decomposed Poisson regression model based on count data that evaluates the size distribution, the changing number of flour mills for each size class, and the concentration of market power, simultaneously. This model also allows us to test dominant price leadership model.
Persistent link: https://www.econbiz.de/10005468496
This study used the 2005 ERS CEAP-ARMS data for corn production to first compare key operator, field, farm, economic, and environmental characteristics of conservation program participants with non-participants, by farm-size class. We then estimate a cost-function based technology adoption model...
Persistent link: https://www.econbiz.de/10005327209
Soybeans, the second highest cash crop following corn in the U.S., have come under attack by invasive species, the soybean aphid from the North and soybean rust from the South. We estimated the economic losses resulting from soybean aphid infestation by using a dynamic equilibrium model. Results...
Persistent link: https://www.econbiz.de/10005804916
Persistent link: https://www.econbiz.de/10005000521
Soybean production ranks among the largest agricultural cash crops in the U.S., second only to corn. U.S. soybean production topped 3 billion bushels in 2005 with sales of $17 billion. Approximately 58% of U.S. soybeans are grown in Iowa, Illinois, Minnesota, Indiana, and Nebraska. A small...
Persistent link: https://www.econbiz.de/10005060313
Public policy for managing invasive species has largely focused on preventive measures prior to detection (stage 1) and on the use of chemical/mechanical or biological control measures after the establishment and dispersion of the invasive species (stage 2). Optimal management policy depends...
Persistent link: https://www.econbiz.de/10009020529
USDA uses the concept of "publish-ability" rather than statistical reliability of an estimate for quality validation of USDA estimates, which is solely based on the sample size and the coefficient of variation (CV). We demonstrate conceptually how the reliability of the sample mean can be tested...
Persistent link: https://www.econbiz.de/10005320616
This research presents a competitive dynamic model to evaluate the economic and groundwater quality benefits resulting from the adoption of soil/water nitrogen testing. The model is applied to an irrigated corn production county in the Nebraska Mid-State area where the groundwater contamination...
Persistent link: https://www.econbiz.de/10005804790
This study used the 2005 ERS CEAP-ARMS data for corn production to first compare key operator, field, farm, economic, and environmental characteristics of conservation program participants with non-participants, by farm-size class. We then estimate a cost-function based technology adoption model...
Persistent link: https://www.econbiz.de/10009444954