RESUMEN: Cuando un producto tiene atributos de confianza que son valorados por los consumidores, el mercado no funciona de forma óptima. Si existen externalidades negativas derivadas del consumo y la producción es eficiente que el gobierno establezca normas sobre las características del...

Using the DM model is not complex: the user changes input values of interest (plant size,conversion rates, etc.) and examines the effect of these changes on output values (annual profits,feed stock requirements, etc.). There are nine worksheets in four modules in the excel workbook: assumptions,...

Apples constitute the bulk of deciduous fruit produced in South Africa, i.e. in 2000, apples made up the largest percentage of the deciduous fruit crop (43%). From 991/92 to 2002/03 production averaged 574 850 tons per annum with a standard deviation of 43 922 tons. The average distribution of...

An overview of the oilseed industry locally and globally is provided, followed by measurements of the comparative and competitive advantages of the South African and Argentine oilseed industries. Three indexes are used to calculate the comparative and competitive advantages namely the Net Export...

In this study demand relations for primary oilseeds in South Africa is estimated and interpreted with the use of econometric models. Two different models, namely the Linear Approximate Almost Ideal Demand System (LA/AIDS) and the two-step Error Correction Model (ECM), were applied to annual...

The current marketing of agricultural products in general, and of bananas in particular, poses special problems for Eritrean farmers. Poor climatic conditions coupled with crude and inefficient agricultural technologies render agricultural output sub-optimal. The major production problems...

Due to the lack of information on the factors that affect the marketing of cowpeas in Senegal, this study investigates key aspects for the successful marketing of cowpeas in Senegal. The contribution this study makes lies in the information it generates to empower role-players in the cowpea...

Truck transportation has become very important to the North Dakota grain industry. Identification of the costs and characteristics of exempt motor carriers allowed evaluation of the performance of the industry. Average mileage per vehicle was about 88,000 per year. Firms larger than four trucks...

This study compares liquidity costs of electronic and open-outcry wheat futures contractstraded side-by-side on the Kansas City Board of Trade. Liquidity costs are considerablylower in the electronic market. Liquidity costs in the electronic market are still considerablylower after eliminating...

This study examines the actuarial implications of the loss cost ratio (LCR) ratemakingmethodology employed by the Risk Management Agency as a component of base ratesfor U.S. crop insurance programs, and identifies specific conditions required for the LCRmethodology to result in unbiased rates...