The imported fire ant has become a major economic pest to various sectors of the Texas economy. In order to determine the economic impact of this pest on selected urban areas, an economic study was conducted in 1998-1999 in the 5 metroplexes of Austin, Dallas, Fort Worth, San Antonio and Houston...

This paper discusses the benefits of using strategic management principles as the cornerstone for building the agribusiness capstone experience. The necessity for agribusiness firms to create and implement strategies that build a sustainable competitive advantage in turn necessitates the...

Purpose: Development of new cultivars requires extensive genetic knowledge, trained personnel, and significant financial resources, so it is crucial for breeders to focus on the attributes most preferred by the key supply chain stakeholders such as consumers and producers. The purpose of this...

Replaced by revised version of paper 05/05/08. (Former title: How to Estimate a Technical Barrier to Trade When There Is No Trade)

We derive a method to econometrically estimate the tariff equivalent and foregone trade effectsof a prohibitive technical barrier to trade (TBT) based on Wales and Woodland’s Kuhn-Tuckerapproach to corner solutions in consumer choice. The method overcomes the lack of observeddata on bilateral...

This paper estimates distributions of consumer willingness to pay (WTP) for organic and animal welfare product attributes using market data and compares the results to existing experiment-based findings. We find that the WTP premium estimated for organic eggs is consistent with experimental...