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We estimate an LA/AIDS model of demand for imported dairy products for Cote d'Ivoire. We employ a unique set of Ivorian customs data, spanning seven dairy products observed monthly from January 1996 to December 2005. Demand for milk powder is found to be inelastic, as substitutes for milk powder...
Persistent link: https://www.econbiz.de/10005060278
This study evaluates determinants of dairy market participation by agricultural households in Cote dIvoire by using the Heckman selection model to correct for endogenous cattle ownership. A key result is that ignoring the population of non-owners biases estimates of market participation...
Persistent link: https://www.econbiz.de/10005039005
This research shows that the existing literature on milk marketing orders misses an important effect. Previous work ignores the interaction of marketing orders with milk grading regulation. We model this interaction and show that producer benefits from marketing orders have been smaller than...
Persistent link: https://www.econbiz.de/10005500357
Current U.S. farm programs make payments to farmers based in part on historical base acres planted in particular program crops such as corn, soybeans, cotton, wheat and soybeans. Eligibility for payments includes regulations on the crops allowed to be grown on base acres, and there are...
Persistent link: https://www.econbiz.de/10009020951
The production, trade, and market share of palm oil has shown impressive growth in the last two decades. As a result of sustainability concerns over issues such as deforestation in Indonesia, the causes of the growth in the palm oil market have received considerable attention. The growth of the...
Persistent link: https://www.econbiz.de/10009021032
This paper develops a model of spatial competition nesting the classical Zhang and Sexton (2001) duopsony and spatial monopsony in order to evaluate the effects of alternative stover market structures on stover prices, supply of biofuels, and firm profits. We show theoretically, as well as in an...
Persistent link: https://www.econbiz.de/10011068753
Persistent link: https://www.econbiz.de/10005476763
We develop a multi-market equilibrium displacement model that allows for demand linkages (substitutes or complements) across downstream product markets, and supply linkages through the common use of a raw commodity as the key input. Applying the model to the dairy sector, we find that the...
Persistent link: https://www.econbiz.de/10005477017
This study explores the strategic pricing behaviors across retail chains for produce products. We adopt a Panel-VAR model to identify the driving factors of retail price variation and find that retail price history, competition, product cost are among the key drivers of retail price change....
Persistent link: https://www.econbiz.de/10010916103
Persistent link: https://www.econbiz.de/10010916248