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Given the uncertain legal status of generic advertising programs for agricultural commodities, alternative voluntary funding institutions are investigated that could provide a high level of benefits to producers. This experimental study simulates key economic and psychological factors that...
Persistent link: https://www.econbiz.de/10005324812
Producers of many commodities pay for generic advertising, which is a public good for producers and, in cases like healthy foods, enhances social welfare. Though most programs were initially funded through the Voluntary Contribution Mechanism, many became mandatory to mitigate free riding. This...
Persistent link: https://www.econbiz.de/10005324898
An econometric framework for estimating a two-regime dairy structural system is presented. Failure to account for switching between regimes due to government price intervention raises the problem of selectivity bias. Further, since a structural system of equations is involved, the problem is not...
Persistent link: https://www.econbiz.de/10005327745
Persistent link: https://www.econbiz.de/10005328044
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics.
Persistent link: https://www.econbiz.de/10005330203
The use of household surveys for demand system estimation necessitates a recognition of purchase censoring that often arises within an analysis of a disaggregated set of commodities. We extend the Amemiya-Tobin demand system approach to an analysis of Mexican household food demand via the use of...
Persistent link: https://www.econbiz.de/10005220322
The objective of the research reported here is to develop a more flexible and comprehensive policy simulation model for imperfectly competitive international agricultural trade with various trade and domestic support policies. The model is a nonlinear imperfectly competitive spatial equilibrium...
Persistent link: https://www.econbiz.de/10005220407
This article reports the results of research regarding the farm-level implications for New York dairy producers of national mandatory supply control programs for feed grains and milk. The analysis is based on the proposed Harkin-Gephardt Bill which would authorize a mandatory supply control...
Persistent link: https://www.econbiz.de/10005220814
Persistent link: https://www.econbiz.de/10005373639
Advertising can rotate the demand curve if it changes the dispersion of consumers valuations. We provide an elasticity form measure of the advertising-induced demand curve rotation in five demand models and test for its presence in the U.S. non-alcoholic beverage market. The AIDS model reveals...
Persistent link: https://www.econbiz.de/10005038945