The common treatment of a separate import demand specification in the literature is usually motivated by product differentiation. Most studies, however, proceed further with a separability assumption between domestic and imported product for data consideration and ease in estimation. In this...

The authors develop an expected utility model with heterogeneous individuals and apply some of the approaches developed in the energy literature to explicitly identify the public nature characteristics of susceptibility in a dynamic setting and to characterize the optimal intertemporal usage...

The vast majority of crop and revenue insurance policies sold in the United States are single-crop policies that insure against low yields or low revenues for each crop grown on a particular farm. This practice of insuring one crop at a time runs counter to the traditional risk management...

Imports are increasingly becoming a significant source of Japan's pork supply. Japan's share of imports to total consumption increased from 9 percent in 1980 to 24 percent in 1990, reaching a maximum of 44 percent in 1996. Under the World Trade Organization (WTO) safeguard provisions for pork,...

Comparative advantage motivates large trade flows in feeder animals throughout the world. Trade creates externalities when animal diseases can spread beyond the purchasing farm. When growers can choose between open and closed production systems, Nash equilibrium will likely involve socially...

Indonesia’s domestic broiler production has grown rapidly, in part because of a ban on imports of poultry parts and strict inspection and meat certification requirements. Whether Indonesia will continue to protect the domestic broiler sector and import feed grains and other inputs or whether it...

We study business organization and coordination of specialty-market hog production using a comparative analysis of two Iowa pork niche-marketing firms. We describe and analyze each firm's management of five key organizational challenges: planning and logistics, quality assurance, process...

We develop a dynamic capital valuation model in which each farm can take an action with farm-varying cost to increase the probability of not contracting a disease. In the presence of infection externalities, circumstances are identified under which multiple equilibria exist and where the one...

Pork production has been evolving from relatively small, family-run operations toward large-scale operations with several employees. This study uses a national survey of pork producers and their employees to answer several questions about the structure of wages and benefits in this rapidly...

What countries will have a competitive advantage in producing pork for international customers in the next decades? We briefly examine the changing competitive structure, emphasizing costs of production and processing, for four major pork exporting countries - the United States, Denmark, The...