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Despite much research on feed grains and oilseeds little is known about the dairy industry's influence on aggregate cottonseed demand. A transcendental logarithmic production model with regional dummy variables is used to estimate the US dairy industry's derived demand for cottonseed meal, corn,...
Persistent link: https://www.econbiz.de/10005804623
This paper assesses the independent and joint impacts of oligopoly power of market intermediaries and the Northeast Dairy Compact (NEDC) on fluid milk prices in Boston. Empirical results reveal that price increases due to oligopoly power far outweighed those caused by the NEDC by more than 10...
Persistent link: https://www.econbiz.de/10005805908
The purpose of this paper is to examine the vertical relationship between the manufacturers of ready-to-eat cereals (RTEC) and the retailers in the Boston area. The study uses highly disaggregated (supermarket and brand level ) monthly data from Information Resources Inc (IRI) from 1995 to...
Persistent link: https://www.econbiz.de/10005500342
This study analyzes the determinants of TE among traditional dairy farms in the State of Wisconsin taking into account dairy farms’ heterogeneity. To do so, we first estimate a production frontier and the level of TE using the SPF framework. Then we analyze the determinants of TI using a...
Persistent link: https://www.econbiz.de/10009020501
This research extends past work by Shonkwiler and Yen (1999) by allowing for distributional flexibility and nonlinear responses in the form of established semiparametric and nonparametric regressions. The proposed models are shown to outperform the parametric version typically used in demand...
Persistent link: https://www.econbiz.de/10009020549
This study analyzed the impact of food safety information on food demand in urban China. The LA/AIDS model was estimated by using national province level food consumption data and quantities of articles about food safety event on public media from 2000 to 2008. The results of the study show that...
Persistent link: https://www.econbiz.de/10009021510
Persistent link: https://www.econbiz.de/10011068881
Persistent link: https://www.econbiz.de/10005476755
This paper applies the BLP approach to the demand for ready-to-eat cereals (RTECs) at the supermarket-chain level in Boston using IRI monthly data. The Random Coefficient Model is used to estimate the demand for 37 brands of RTECs at the leading supermarkets in the Boston area. The empirical...
Persistent link: https://www.econbiz.de/10005476941
The paper examined the price relationship between cotton and polyester. The results provide strong evidence of long term price transmissions and granger causality between cotton and polyester price as well as the asymmetry transmissions for cotton on cotton, cotton on polyester, and polyester on...
Persistent link: https://www.econbiz.de/10005330717