TY - JOUR
TI - Altruism spillovers: Are behaviors in context-free experiments predictive of altruism toward a naturally occurring public good?
AU - Laury, Susan K.
AU - Taylor, Laura O.
T2 - Journal of Economic Behavior & Organization
AB - This paper addresses the external validity of experiments investigating the characteristics of altruism in the voluntary provision of public goods. We conduct two related experiments that allow us to examine whether individuals who act more altruistically in the context-free environment are also more likely to act altruistically toward a naturally occurring public good. We find that laboratory behavior can be predictive of contributions toward naturally occurring goods, but not in a uniform way. In fact, parametric measures of altruism do a poor job of predicting which subjects are most likely to contribute to a naturally occurring public good.
DA - 2008/1//
PY - 2008/1//
DO - 10.1016/j.jebo.2005.05.011
VL - 65
IS - 1
SP - 9-29
J2 - Journal of Economic Behavior & Organization
LA - en
OP -
SN - 0167-2681
UR - http://dx.doi.org/10.1016/j.jebo.2005.05.011
DB - Crossref
KW - altruism
KW - experiments
KW - external validity
ER -
TY - RPRT
TI - CRM – Key Competitive Advantage for Relation Based Selling
AU - Rodriguez, Michael
A3 - The European Institute For Advanced Studies in Management
C6 - fall 2008
DA - 2008///
PY - 2008///
PB - The European Institute For Advanced Studies in Management
ER -
TY - JOUR
TI - Sales Leaders as Senior Level Managers: A Conceptual Framework for Examining Upper Echelon Theory
AU - Rodriguez, Michael
T2 - Journal of Selling and Major Account Management
DA - 2008///
PY - 2008///
VL - 8
IS - 4
SP - 23–31
ER -
TY - JOUR
TI - Farm policies and added sugars in US diets
AU - Beghin, John C.
AU - Jensen, Helen H.
T2 - Food Policy
AB - We examine how US farm policies for sweetener crops have affected the consumption and composition of sweeteners in the US diet. R&D expenditures have lowered the unit cost of commodities used in sweeteners, but have generated more technical progress in corn than in sugar crops, increasing use of corn in food production, ceteris paribus. Commodity programs have raised the price of sugar and decreased the price of corn. Thus, high fructose corn syrup (HFCS) became an inexpensive substitute for sugar in food from 1970 on. However, the effect of policy on ingredient prices has become less important over time. Today the farm value share in sweetened food is below 5% and HFCS is a specialized input in many food items, with limited substitution possibilities. The current link between US sweetener consumption and farm policy is weak. Recent evidence from other high-income countries shows little relationship between sweetener consumption and sugar policies.
DA - 2008/12//
PY - 2008/12//
DO - 10.1016/j.foodpol.2008.05.007
VL - 33
IS - 6
SP - 480-488
J2 - Food Policy
LA - en
OP -
SN - 0306-9192
UR - http://dx.doi.org/10.1016/j.foodpol.2008.05.007
DB - Crossref
KW - Farm policies
KW - Diet
KW - Sugar
KW - Sweetener
KW - Agricultural policy
KW - Subsidy
KW - Corn
KW - HFCS
KW - Fructose
ER -
TY - JOUR
TI - Tariff escalation and invasive species damages
AU - Tu, Anh Thuy
AU - Beghin, John
AU - Gozlan, Estelle
T2 - Ecological Economics
AB - We investigate the interface between trade and damages from invasive species (IS), focusing on escalation in tariffs between raw-input and processed-good markets, and its implication for IS-based damages. The current tariff escalation in processed agro-forestry products motivates our analysis. Tariff escalation exacerbates the likelihood of IS introduction by biasing trade flows towards increased trade of primary commodity flows and against processed-product trade. We show that a reduction of tariff escalation, by lowering the tariff on processed goods increases allocative efficiency and reduces IS-based damages, a win-win situation. We also identify policy menus for trade reforms involving tariffs on both raw input and processed goods leading to win-win situations.
DA - 2008/11//
PY - 2008/11//
DO - 10.1016/j.ecolecon.2008.01.013
VL - 67
IS - 4
SP - 619-629
J2 - Ecological Economics
LA - en
OP -
SN - 0921-8009
UR - http://dx.doi.org/10.1016/j.ecolecon.2008.01.013
DB - Crossref
KW - Exotic pest
KW - Tariff escalation
KW - Trade
KW - Invasive species
KW - Damages
KW - Agriculture
KW - Forestry
ER -
TY - JOUR
TI - Preference for Risk Management Information Sources: Implications for Extension and Outreach Programming
AU - Rejesus, Roderick M.
AU - Knight, Thomas O.
AU - Jaramillo, Mauricio
AU - Coble, Keith H.
AU - Patrick, George F.
AU - Baquet, Alan
T2 - Agricultural and Resource Economics Review
AB - This article examines farmers’ preferences for various risk management information sources. Our results suggest that information from risk management experts, in-depth materials studied on their own, and popular press outlets tend to be preferred and are ranked highly by producers. Using a regression model to investigate farmer/farm attributes that affect preference for a particular risk management information source, we find that younger farmers with college education, higher leverage, assets greater than $1 million, risk-loving attitudes, and who have used professional services (marketing consultants) tend to prefer information from risk management experts, the Internet, and marketing clubs/other producers. On the other hand, producers who prefer self-study of educational materials and popular press information sources tend to be younger, with lower leverage levels, and have used fewer professional services.
DA - 2008/4//
PY - 2008/4//
DO - 10.1017/S1068280500002185
VL - 37
IS - 1
SP - 106-116
J2 - Agric. resour. econ. rev.
LA - en
OP -
SN - 1068-2805 2372-2614
UR - http://dx.doi.org/10.1017/S1068280500002185
DB - Crossref
ER -
TY - JOUR
TI - Empirically Evaluating the Flexibility of the Johnson Family of Distributions: A Crop Insurance Application
AU - Lu, Yue
AU - Ramirez, Octavio A.
AU - Rejesus, Roderick M.
AU - Knight, Thomas O.
AU - Sherrick, Bruce J.
T2 - Agricultural and Resource Economics Review
AB - This article examines the flexibility of the Johnson system of distributions by assessing its performance in terms of modeling crop yields for the purpose of setting actuarially fair crop insurance premiums. Using data from corn farms in Illinois coupled with Monte Carlo simulation procedures, we found that average crop insurance premiums computed on the basis of the Johnson system provide reasonably accurate estimates even when the data are normal or come from a non-normal distribution other than the Johnson system (i.e., a beta). These results suggest that there is potential for using the Johnson system to rate previously uninsured crops that do not have historical insurance performance data upon which to base premium calculations.
DA - 2008/4//
PY - 2008/4//
DO - 10.1017/S1068280500002161
VL - 37
IS - 1
SP - 79-91
J2 - Agric. resour. econ. rev.
LA - en
OP -
SN - 1068-2805 2372-2614
UR - http://dx.doi.org/10.1017/S1068280500002161
DB - Crossref
ER -
TY - JOUR
TI - Safety Nets or Trampolines? Federal Crop Insurance, Disaster Assistance, and the Farm Bill
AU - Goodwin, Barry K.
AU - Rejesus, Roderick M.
T2 - Journal of Agricultural and Applied Economics
AB - We review the implications of the 2007 Farm Bill for the risk management dimensions of U.S. agriculture and policy. Legislative proposals suggest significant changes in risk management policy, including the introduction of state or national revenue insurance. We also pursue an empirical analysis of the interrelationships of crop insurance, disaster relief, and farm profitability. We find an inverse relationship between disaster assistance and insurance purchases. Our analysis also suggests that farmers that buy insurance and that receive disaster payments tend to have higher returns to farming.
DA - 2008/8//
PY - 2008/8//
DO - 10.1017/S1074070800023713
VL - 40
IS - 2
SP - 415-429
J2 - J. Agric. Appl. Econ.
LA - en
OP -
SN - 1074-0708 2056-7405
UR - http://dx.doi.org/10.1017/S1074070800023713
DB - Crossref
ER -
TY - JOUR
TI - Relative Importance of Factors Affecting Customer's Decisions to Buy Pick-Your-Own Versus Preharvested Fruit at North Carolina Farms
AU - Carpio, Carlos E.
AU - Wohlgenant, Michael K.
AU - Safley, Charles D.
T2 - Journal of Agricultural and Applied Economics
AB - This study identifies the most important factors affecting customers’ decisions to buy pick-your-own versus prepicked strawberries and muscadine grapes at direct-market operations in North Carolina. The relative importance analysis identified the region of location of the operations and prices as the explanatory variable explaining most of the variation observed in the customer's decision to choose the type of fruit to purchase. The estimated price elasticities indicate that sales of each type of fruit are very sensitive to prices.
DA - 2008/12//
PY - 2008/12//
DO - 10.1017/S1074070800002467
VL - 40
IS - 3
SP - 983-997
J2 - J. Agric. Appl. Econ.
LA - en
OP -
SN - 1074-0708 2056-7405
UR - http://dx.doi.org/10.1017/S1074070800002467
DB - Crossref
ER -
TY - JOUR
TI - Applying Target Costing in the Development of Marketable and Environmentally Friendly Products from Swine Waste
AU - Chen, Yuang-Sung Al
AU - Zuckerman, Gilroy J.
AU - Zering, Kelly
T2 - The Engineering Economist
AB - Management of swine waste generated in the United States is a challenging problem facing engineers, farmers, scientists, regulators, and policy-makers. Technologies for processing and storing swine waste have not been fully developed and refined in a manner acceptable to the public and environmental regulators. The primary concerns with improperly disposed swine waste are the effects on human and livestock health, surface and groundwater quality, air quality, and conservation of nitrogen fertilizers (Hagenstein 2003 Hagenstein, P. R. 2003. Air Emissions from Animal Feeding Operations: Current Knowledge, Future Needs, Washington, D. C.: National Research Council, National Academy Press. [Google Scholar]). The purpose of this study is to demonstrate the concept of target costing by applying it to a very specific example: the production of biomethanol from swine manure. This study summarizes the analyses that outline a design and calculate a preliminary cost estimate for a proposed system for producing biomethanol from swine manure (initial process). In this study the target costing process is demonstrated with calculation of a target cost. This article also demonstrates an application of value engineering as a systematic, interdisciplinary examination of factors affecting the cost of a product so as to find means to fulfill the product's specified purpose at the required standards of quality and reliability and at an acceptable cost. The article is organized as follows. First, the purpose of applying target costing methodology to the development of marketable by-products from swine manure is outlined. Next, target cost is calculated for biomethanol made from swine manure based on current methanol prices and currently available subsidies for biomethanol made from swine manure. A system for producing biomethanol from swine manure is described. The current cost is calculated for producing biomethanol. Concepts of value engineering are employed to reduce a significant cost component of the initial process resulting in Process II. Finally, value engineering is employed the second time to further reduce the cost of Process II yielding Process III.
DA - 2008/5/27/
PY - 2008/5/27/
DO - 10.1080/00137910802071866
VL - 53
IS - 2
SP - 156-170
J2 - The Engineering Economist
LA - en
OP -
SN - 0013-791X 1547-2701
UR - http://dx.doi.org/10.1080/00137910802071866
DB - Crossref
ER -
TY - JOUR
TI - Rights‐Based Management and Alaska Pollock Processors' Supply
AU - Fell, Harrison
T2 - American Journal of Agricultural Economics
AB - Abstract Using data from the Alaska pollock fishery, this study investigates the link between the implementation of rights‐based management and processors' price‐responsiveness in a multiproduct fishery. The analysis is based on cointegration with structural breaks to provide empirical evidence of a change in the long‐run relationship between processors' production, product prices, and whole fish deliveries. The results indicate that the endogenously determined structural breaks happened near the time when this fishery implemented individual fishing quotas. Furthermore, the estimation of the cointegrating vector indicates that the processors of this fishery are significantly more price‐responsive after the change in management.
DA - 2008/8//
PY - 2008/8//
DO - 10.1111/j.1467-8276.2008.01140.x
VL - 90
IS - 3
SP - 579-592
J2 - American Journal of Agricultural Economics
LA - en
OP -
SN - 0002-9092 1467-8276
UR - http://dx.doi.org/10.1111/j.1467-8276.2008.01140.x
DB - Crossref
KW - cointegration
KW - rights-based management
KW - structural breaks
ER -
TY - JOUR
TI - Contests, Grand Prizes, and the Hot Hand
AU - McFall, Todd
AU - Knoeber, Charles R.
AU - Thurman, Walter N.
T2 - SSRN Electronic Journal
AB - Awarding a grand prize to the player who wins most often in a series of contests links the contests together and makes incentives in the current contest depend upon past performance. A lucky player who wins early faces relatively stronger incentives to exert effort because of his early success. As a consequence early winners are more likely to keep winning through the middle of the series. That is, a grand prize induces a hot hand. We develop this argument and assess it empirically using data from the Professional Golfers' Association Tour, before and after a grand prize, the season-ending Tour Championship, was introduced.
DA - 2008///
PY - 2008///
DO - 10.2139/ssrn.881562
ER -
TY - BOOK
TI - Everyday economics applications and answers for your life, your money, your government
DA - 2008///
PY - 2008///
PB - Dubuque, Iowa: Kendall Hunt Pub Co,|cc2008
ER -
TY - JOUR
TI - On Behavioral-Environmental Economics
AU - Shogren, Jason F.
AU - Taylor, Laura O.
T2 - REVIEW OF ENVIRONMENTAL ECONOMICS AND POLICY
AB - Traditional environmental and resource economics uses rational choice theory to guide the evaluation of alternative policy options to correct market failure. Behavioral economics, however, has challenged this conventional mindset by showing how people frequently make choices and state values that deviate from the presumption of rationality, i.e., behavioral failures. This article explores the potential of behavioral economics to advance the science of environmental and resource economics. We address four questions: (1) How can behavioral failures affect thinking about environmental policy? (2) When are behavioral failures relevant to the science of environmental economics? (3) Is behavioral failure just another form of market failure? (4) Do we have a new behavioral-environmental second best problem? We conclude that the evidence from behavioral economics remains insufficient to support the wholesale rejection of rational choice theory within environmental and resource economics. But this does not mean anomalous behavior is non-existent; nature's goods and services frequently lack the active market-like arbitrage needed to encourage consistent and rational choice. We believe it is crucial to identify the economic circumstances, institutional designs, and social contexts in which rational choice theory works and those where it fails to capture observed behavior.
DA - 2008///
PY - 2008///
DO - 10.1093/reep/rem027
VL - 2
IS - 1
SP - 26-44
SN - 1750-6824
ER -
TY - JOUR
TI - Estimating demand systems when outcomes are correlated counts
AU - Herriges, Joseph A.
AU - Phaneuf, Daniel J.
AU - Tobias, Justin L.
T2 - JOURNAL OF ECONOMETRICS
AB - We describe and employ a Bayesian posterior simulator for fitting a high-dimensional system of ordinal or count outcome equations. The model is then applied to describe the multiple site recreation demands of individual agents, and we argue that our approach provides advantages relative to existing methods commonly applied in this area. In particular, our model flexibly adjusts to match observed frequencies in trip outcomes, permits a flexible correlation pattern among the sites visited by individuals, and the posterior simulator for fitting this model is relatively easy to implement in practice. We also describe how the posterior simulations produced from the model can be used to conduct a variety of counterfactual experiments, including predicting behavioral changes and describing welfare implications resulting from shifts in exogenous demographic and site characteristics. We illustrate our method using data from the Iowa Lakes Project by modeling the visitation patterns of individuals to a set of twenty-nine large Iowa lakes. Consistent with previous findings in the literature, we see strong evidence that own and cross-price effects on trip demand are negative and positive, respectively, that higher income increases the likelihood of visiting most sites, and that a commonly used indicator of water quality, Secchi transparency, is positively correlated with the number of trips taken. In addition, the correlation structure among the errors reveals a complex pattern in which unobserved factors affecting trip demand are generally (though not strictly) positively correlated across sites. The flexibility and richness with which we are able to characterize the demand system provides a solid platform for counterfactual analysis, where we find significant behavioral and welfare effects from changes in site availability, water quality, and travel costs.
DA - 2008/12//
PY - 2008/12//
DO - 10.1016/j.jeconom.2008.09.026
VL - 147
IS - 2
SP - 282-298
SN - 1872-6895
KW - Demand systems
KW - Count data
KW - Recreation demand
ER -
TY -
TI - The influence of forest management on vulnerability to severe weather
AU - Beach, R.
AU - Sills, E.
AU - Liu, T.
AU - Pattanayak, S.
DA - 2008///
PY - 2008///
ER -
TY - JOUR
TI - Spatio-temporal risk and severity analysis of soybean rust in the United States
AU - Bekkerman, A.
AU - Goodwin, B. K.
AU - Piggott, N. E.
T2 - Journal of Agricultural and Resource Economics
DA - 2008///
PY - 2008///
VL - 33
IS - 3
SP - 311-331
ER -
TY - JOUR
TI - Adoption and abandonment of precision soil sampling in cotton production
AU - Walton, J. C.
AU - Lambert, D. M.
AU - Roberts, R. K.
AU - Larson, J. A.
AU - English, B. C.
AU - Larkin, S. L.
AU - Martin, S. W.
AU - Marra, M. C.
AU - Paxton, K. W.
AU - Reeves, J. M.
T2 - Journal of Agricultural and Resource Economics
DA - 2008///
PY - 2008///
VL - 33
IS - 3
SP - 428-448
ER -
TY - JOUR
TI - Economic benefits of remediating the Sheboygan River, Wisconsin area of concern
AU - Braden, J. B.
AU - Won, D.
AU - Taylor, L. O.
AU - Mays, N.
AU - Cangelosi, A.
AU - Patunru, A. A.
T2 - Journal of Great Lakes Research
AB - This study estimates the economic benefits of remediation in the Sheboygan River, WI Area of Concern (AOC) using two distinct empirical methods. The methodology parallels that described by Braden et al. (2008). The results are mixed. Using hedonic analysis of property sales, for owner-occupied homes within a 5-mile radius of the Sheboygan River AOC, the overall estimated loss of value is $158 million (8% of market value). Of this total, only $49 million in losses for homes closest to the upper river segment has strong statistical support. The impacts are greatest proportionally for properties closest to the AOC. A survey-based method yields a mean estimate of $218 million (10% of property value) in willingness to pay for full cleanup of the AOC. If remediation were to induce recovery of property values, then the local communities could benefit through increased property tax revenues.
DA - 2008///
PY - 2008///
DO - 10.1016/s0380-1330(08)71608-3
VL - 34
IS - 4
SP - 649-660
ER -
TY - JOUR
TI - Economic benefits of remediating the Buffalo River, New York area of concern
AU - Braden, J. B.
AU - Taylor, L. O.
AU - Won, D.
AU - Mays, N.
AU - Cangelosi, A.
AU - Patunru, A. A.
T2 - Journal of Great Lakes Research
AB - This study estimates the economic benefits of remediation in the Buffalo River, NY Area of Concern (AOC) using two distinct empirical methods. One method analyzes the effects of proximity to the AOC on prices in the residential property market. The second uses a choice survey of recent home purchasers concerning the characteristics of homes and the river. After controlling for numerous structural, community, and spatial effects, the market analysis shows that single-family residential property prices south of the river are depressed due to their proximity to the AOC by $118 million (5.4% of total market value). The impacts are greater for properties closer to the AOC. Prices to the north of the AOC do not appear to be affected. Recovery of $118 million in property value losses could produce approximately $4.7 million/year in new property tax revenues. Considering only the area for which the market study shows price discounts, the survey-based estimates reveal a willingness to pay (WTP) for full cleanup of the AOC of approximately $250 million (14% of median-based market value). The reasons for discrepancies between the results of the two methods is a matter for further research.
DA - 2008///
PY - 2008///
DO - 10.1016/s0380-1330(08)71607-1
VL - 34
IS - 4
SP - 631-648
ER -
TY - JOUR
TI - Evaluation of a Simple Method to Screen Soybean Genotypes for Salt Tolerance
AU - Lee, Jeong-Dong
AU - Smothers, Scotty L.
AU - Dunn, David
AU - Villagarcia, Margarita
AU - Shumway, Calvin R.
AU - Carter, Thomas E., Jr.
AU - Shannon, J. Grover
T2 - CROP SCIENCE
AB - Excessive salt can reduce soybean yield [ Glycine max (L.) Merr.] in grower fields. Salt‐tolerant cultivars are needed to prevent field yield losses where excess salt is a problem. Soybean genotypes have primarily been evaluated for reaction to salt in the greenhouse using a labor‐intensive and costly hydroponics method. A reliable, inexpensive method to screen soybean lines for salt tolerance would be useful in breeding programs. A simple, inexpensive method of exposing V2 to V3 plants growing in a sandy soil in plastic cone‐tainers (PC method) was compared to the hydroponics method to evaluate soybean genotypes for salt tolerance in the greenhouse. Fourteen soybean genotypes including checks ‘Hutcheson’ (sensitive), and ‘S‐100’ and ‘Forrest’ (tolerant) were exposed to 100 mM salt solution at the V2 to V3 growth stage. Genotypes responded similarly to the screening methods except leaf scorch, an indicator of salt damage, appeared up to 4 d sooner in the PC method. The PC method was highly correlated with the hydroponics method for leaf scorch score and chloride content in soybean leaves among the 14 genotypes evaluated. Exposure of roots at the V2 to V3 growth stage to salt solution using the PC method was less labor intensive, consumed less time, was less costly, and gave similar results compared with the hydroponics method. Thus, the PC method is an easy, reliable method to screen soybean genotypes for salt tolerance.
DA - 2008///
PY - 2008///
DO - 10.2135/cropsci2008.02.0090
VL - 48
IS - 6
SP - 2194-2200
SN - 1435-0653
ER -
TY - JOUR
TI - Weaning and post-weaning performance by fall-born calves weaned on different dates from endophyte-infected tall fescue pastures managed with two different rotation frequencies
AU - Coffey, K. P.
AU - Coblentz, W. K.
AU - Hellwig, D. H.
AU - Popp, M. P.
AU - Smith, T. F.
AU - Hubbell, D. S., III
AU - Scarbrough, D. A.
AU - Humphry, J. B.
AU - Turner, J. E.
AU - Johnson, Z. B.
AU - Rosenkrans, C. F., Jr.
T2 - LIVESTOCK SCIENCE
AB - A number of studies have reported performance by spring-calving cows grazing Neotyphodium-infected fescue [E+, Lolium arundinaceum (Schreb.) Darbysh.], but post-weaning calf performance from the majority of those studies is limited. Furthermore, both pre- and post-weaning information pertaining to fall-calving cows and their calves grazing E+ is particularly limited. A 3-year study was initiated in April 2000 near Batesville, AR (USA) to investigate the impact of rotational management (twice monthly vs. twice weekly) program and weaning date [mid-April (EARLY) vs. early June (LATE)] on production of fall-calving cow-calf pairs grazing E+ overseeded with ladino (Trifolium repens L.), and red clover (Trifolium pretense L), lespedeza (Lespedeza stipulacea Maxim.), and crabgrass (Digitaria sanguinalis (L.) Scop.). A secondary objective of the study was to evaluate calf performance both at weaning and after weaning until either breeding of the heifers or slaughter of the steers. Calves weaned later had greater (P < 0.05) actual weaning weights, but weaning date × year interactions were detected (P < 0.05) for most measurements at weaning. Weight loss during a simulated transport and sale, as well as the days required to regain the lost weight were lower (P < 0.05) by EARLY than by LATE in 2 of 3 years, and intake (kg DM/100 kg BW) was higher by EARLY than by LATE in 2 of 3 years. Antibody titers to infectious bovine rhinotracheitis and bovine virus diarrhea measured prior to vaccination and at weaning were greater (P < 0.05) from EARLY than from LATE. Heifer weight at breeding was greater (P < 0.05) from LATE than from EARLY in 1 year and numerically greater (P ≥ 0.11) from LATE in the other 2 years. Initial and final feedlot BW and gain did not differ (P ≥ 0.16) among previous treatments in 2 of 3 years. Therefore, carryover effects of weaning date or rotational grazing on calves previously grazing E+ tall fescue may be mitigated during a subsequent backgrounding period such that impacts on subsequent breeding or feedlot performance is minimized.
DA - 2008/11//
PY - 2008/11//
DO - 10.1016/j.livsci.2008.01.019
VL - 118
IS - 3
SP - 183-194
SN - 1878-0490
KW - Tall fescue
KW - Endophyte
KW - Post-weaning performance
ER -
TY - JOUR
TI - Report of the AJAE Editors for 2007
AU - Dorfman, Jeffrey
AU - Lichtenberg, Erik
AU - Preckel, Paul
AU - Thurman, Walter
T2 - AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
AB - American Journal of Agricultural EconomicsVolume 90, Issue 5 p. 1367-1374 AAEA Busines Report of the AJAE Editors for 2007 Jeffrey Dorfman, Jeffrey DorfmanSearch for more papers by this authorErik Lichtenberg, Erik LichtenbergSearch for more papers by this authorPaul Preckel, Paul PreckelSearch for more papers by this authorWalter Thurman, Walter ThurmanSearch for more papers by this author Jeffrey Dorfman, Jeffrey DorfmanSearch for more papers by this authorErik Lichtenberg, Erik LichtenbergSearch for more papers by this authorPaul Preckel, Paul PreckelSearch for more papers by this authorWalter Thurman, Walter ThurmanSearch for more papers by this author First published: 01 December 2008 https://doi.org/10.1111/j.1467-8276.2008.01233.xRead the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Volume90, Issue5December 2008Pages 1367-1374 RelatedInformation
DA - 2008///
PY - 2008///
DO - 10.1111/j.1467-8276.2008.01233.x
VL - 90
IS - 5
SP - 1367-1374
SN - 0002-9092
ER -
TY - JOUR
TI - Do farmers value the environment? Evidence from a conservation reserve program auction
AU - Vukina, Tomislav
AU - Zheng, Xiaoyong
AU - Marra, Michele
AU - Levy, Amando
T2 - INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION
AB - The paper uses data from one Conservation Reserve Program (CRP) auction to elicit farmers' attitudes toward the environment by analyzing their bids. The CRP pays farmers to remove chosen plots of land from agricultural production and put them to a conservation use. An interesting aspect of this auction is that winners are determined by a combination of low bids and environmental scores of individual plots. Using decision theoretic approach to model this auction we show that farmers condition their bids on the strength of their environmental scores and that they value environmental benefits, especially those that increase future soil productivity of their land.
DA - 2008/11//
PY - 2008/11//
DO - 10.1016/j.ijindorg.2008.01.001
VL - 26
IS - 6
SP - 1323-1332
SN - 0167-7187
KW - Government auctions
KW - Decision theory
KW - Environmental benefits evaluation
ER -
TY - JOUR
TI - Climate variability implications for agricultural crop production and risk management: Discussion
AU - Goodwin, B. K.
T2 - American Journal of Agricultural Economics
AB - American Journal of Agricultural EconomicsVolume 90, Issue 5 p. 1263-1264 Principal Paper Session Climate Variability Implications for Agricultural Crop Production and Risk Management: Discussion Barry K. Goodwin, Barry K. Goodwin William Neal Reynolds Professor Departments of Agricultural and Resource Economics and Economics, North Carolina State UniversitySearch for more papers by this author Barry K. Goodwin, Barry K. Goodwin William Neal Reynolds Professor Departments of Agricultural and Resource Economics and Economics, North Carolina State UniversitySearch for more papers by this author First published: 01 December 2008 https://doi.org/10.1111/j.1467-8276.2008.01214.xCitations: 4 This article was presented in a principal paper session at the 2008 AAEA annual meeting in Orlando, FL. The articles in these sessions are not subjected to the journal's standard refereeing process. Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL No abstract is available for this article. References Ker A. and P. McGowan Weather-Based Adverse Selection and the U.S. Crop Insurance Program: The Private Insurance Company Perspective Journal of Agricultural and Resource Economics 25(2000): 386– 410 Lorentzen A. Cedar Rapids Struggles To Endure Historic Flood Associated Press 2008 June 16, 2008 Available at: http://www.breitbart.com/article.php?id=D918Q0E80&show_article=1 Marron J.S. and H.P. Schmitz Simultaneous Density Estimation of Several Income Distributions Econometric Theory 8(1992): 476– 88 Citing Literature Volume90, Issue5December 2008Pages 1263-1264 ReferencesRelatedInformation
DA - 2008///
PY - 2008///
DO - 10.1111/j.1467-8276.2008.01214.x
VL - 90
IS - 5
SP - 1263-1264
ER -
TY - JOUR
TI - A Province-Level Analysis of Economies of Scale in Canadian Food Processing
AU - Gervais, Jean-Philippe
AU - Bonroy, Olivier
AU - Couture, Steve
T2 - AGRIBUSINESS
AB - Abstract Cost functions of three Canadian food‐processing sectors (meat, bakery, and dairy) are estimated using provincial data. A translog functional form is used, and the concavity property of the cost function is imposed locally. The Morishima substitution elasticities and scale elasticities are computed for different provinces. Inference is carried out using asymptotic theory as well as bootstrap methods. The evidence suggests that there are significant substitution possibilities between the agricultural input and other production factors in the meat and bakery sectors. Scale elasticities suggest that increasing returns to scale are present in the bakery and meat industries. To account for supply management in the dairy sector, separability between raw milk and other inputs was introduced. There exists evidence of increasing returns to scale at the industry level in the small producing provinces, but decreasing returns to scale in the two largest dairy provinces (Ontario and Quebec). [JEL Classification: D240, C300]. © 2008 Wiley Periodicals, Inc.
DA - 2008///
PY - 2008///
DO - 10.1002/agr.20178
VL - 24
IS - 4
SP - 538-556
SN - 1520-6297
ER -
TY - JOUR
TI - Latent consideration sets and continuous demand systems
AU - Haefen, Roger H.
T2 - ENVIRONMENTAL & RESOURCE ECONOMICS
DA - 2008/11//
PY - 2008/11//
DO - 10.1007/s10640-008-9196-x
VL - 41
IS - 3
SP - 363-379
SN - 1573-1502
KW - demand systems
KW - consideration sets
KW - environmental quality
KW - simulation
ER -
TY - JOUR
TI - Economic evaluation of methyl bromide alternatives for the production of tomatoes in North Carolina
AU - Sydorovych, O.
AU - Safley, C. D.
AU - Welker, R. M.
AU - Ferguson, L. M.
AU - Monks, D. W.
AU - Jennings, K.
AU - Driver, J.
AU - Louws, F. J.
T2 - HortTechnology
DA - 2008///
PY - 2008///
VL - 18
IS - 4
SP - 705-713
ER -
TY - JOUR
TI - The incidence and implications of binding farm program payment limits
AU - Goodwin, Barry K.
T2 - REVIEW OF AGRICULTURAL ECONOMICS
AB - Payment limits have played an important role in U.S. farm policy deliberations for the last 30 years. Current limits are largely non-binding because of the use of commodity certificates and the difficulties associated with tracing payments to individuals. Proposals to limit payments have played an important role in deliberations over the 2007 Farm Bill. An amendment to the Senate version of the legislation would significantly strengthen and enforce limits on payments. We use farm-level data on production, ex-post realizations of payments, and reported base yields and acreage to consider the potential impacts of payment limits. Our results suggest that rice, peanuts, and cotton would be the only crops to realize substantial impacts from the limits currently under discussion. However, even for these commodities, the likely proportion of growers and total acreage subject to the limits would be relatively modest.
DA - 2008///
PY - 2008///
DO - 10.1111/j.1467-9353.2008.00430.x
VL - 30
IS - 3
SP - 554-571
SN - 1058-7195
ER -
TY - JOUR
TI - SEMIPARAMETRIC BAYESIAN INFERENCE FOR DYNAMIC TOBIT PANEL DATA MODELS WITH UNOBSERVED HETEROGENEITY
AU - Li, Tong
AU - Zheng, Xiaoyong
T2 - JOURNAL OF APPLIED ECONOMETRICS
AB - Abstract This paper develops semiparametric Bayesian methods for inference of dynamic Tobit panel data models. Our approach requires that the conditional mean dependence of the unobserved heterogeneity on the initial conditions and the strictly exogenous variables be specified. Important quantities of economic interest such as the average partial effect and average transition probabilities can be readily obtained as a by‐product of the Markov chain Monte Carlo run. We apply our method to study female labor supply using a panel data set from the National Longitudinal Survey of Youth 1979. Copyright © 2008 John Wiley & Sons, Ltd.
DA - 2008///
PY - 2008///
DO - 10.1002/jae.1017
VL - 23
IS - 6
SP - 699-728
SN - 0883-7252
ER -
TY - JOUR
TI - The effects of exchange rate volatility on agricultural trade
AU - Kandilov, Ivan T.
T2 - AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
AB - Abstract I extend Cho, Sheldon, and McCorriston's (2002) analysis of the effect of exchange rate volatility on agricultural trade among the G‐10 countries to a broad sample of developed and developing nations. I replicate their original finding that exchange rate volatility has a large negative impact on agricultural trade between G‐10 members. After controlling for agricultural export subsidies, which are correlated with exchange rate volatility, I show that the original impact declines by half. Using the extended sample, I find that the effect of exchange rate volatility is much larger for developing country exporters than for developed exporters.
DA - 2008/11//
PY - 2008/11//
DO - 10.1111/j.1467-8276.2008.01167.x
VL - 90
IS - 4
SP - 1028-1043
SN - 1467-8276
KW - agricultural trade
KW - developing countries
KW - exchange rates
KW - volatility
ER -
TY - JOUR
TI - Spatio-temporal modeling of agricultural yield data with an application to pricing crop insurance contracts
AU - Ozaki, Vitor A.
AU - Ghosh, Sujit K.
AU - Goodwin, Barry K.
AU - Shirota, Ricardo
T2 - AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
AB - This article presents a statistical model of agricultural yield data based on a set of hierarchical Bayesian models that allows joint modeling of temporal and spatial autocorrelation. This method captures a comprehensive range of the various uncertainties involved in predicting crop insurance premium rates as opposed to the more traditional ad hoc, two-stage methods that are typically based on independent estimation and prediction. A panel data set of county-average yield data was analyzed for 290 counties in the State of Paraná (Brazil) for the period of 1990 through 2002. Posterior predictive criteria are used to evaluate different model specifications. This article provides substantial improvements in the statistical and actuarial methods often applied to the calculation of insurance premium rates. These improvements are especially relevant to situations where data are limited.
DA - 2008/11//
PY - 2008/11//
DO - 10.1111/j.1467-8276.2008.01153.x
VL - 90
IS - 4
SP - 951-961
SN - 1467-8276
KW - crop insurance
KW - hierarchical Bayesian models
KW - spatio-temporal models
ER -
TY - JOUR
TI - Semiparametric Bayesian estimation of mixed count regression models
AU - Zheng, Xiaoyong
T2 - ECONOMICS LETTERS
AB - This paper develops semiparametric Bayesian estimation approach for Poisson regression models with unobserved heterogeneity of unknown density. This approach is computationally efficient and allows automatic adaptation of the approximating density to data during estimation. Simulations show the estimator performs well.
DA - 2008/9//
PY - 2008/9//
DO - 10.1016/j.econlet.2008.03.023
VL - 100
IS - 3
SP - 435-438
SN - 0165-1765
KW - Bayesian
KW - Poisson regressions
KW - unobserved heterogeneity
KW - Dirichlet process prior
KW - infinite mixture of normals
KW - Markov chain Monte Carlo
ER -
TY - JOUR
TI - How useful is bagging in forecasting economic time series? A case study of US consumer price inflation
AU - Inoue, Atsushi
AU - Kilian, Lutz
T2 - JOURNAL OF THE AMERICAN STATISTICAL ASSOCIATION
AB - This article focuses on the widely studied question of whether the inclusion of indicators of real economic activity lowers the prediction mean squared error of forecasting models of U.S. consumer price inflation. We propose three variants of the bagging algorithm specifically designed for this type of forecasting problem and evaluate their empirical performance. Although bagging predictors in our application are clearly more accurate than equally weighted forecasts, median forecasts, ARM forecasts, AFTER forecasts, or Bayesian forecast averages based on one extra predictor at a time, they are generally about as accurate as the Bayesian shrinkage predictor, the ridge regression predictor, the iterated LASSO predictor, or the Bayesian model average predictor based on random subsets of extra predictors. Our results show that bagging can achieve large reductions in prediction mean-squared errors even in such challenging applications as inflation forecasting; however, bagging is not the only method capable of achieving such gains.
DA - 2008/6//
PY - 2008/6//
DO - 10.1198/016214507000000473
VL - 103
IS - 482
SP - 511-522
SN - 0162-1459
KW - Bayesian model averaging
KW - bootstrap aggregation
KW - factor model
KW - forecast combination
KW - forecasting model selection
KW - pre testing
KW - shrinkage estimation
ER -
TY - JOUR
TI - Economic turbulence: Is a volatile economy good for America
AU - Renkow, M.
T2 - Journal of Regional Science
AB - Journal of Regional ScienceVolume 48, Issue 3 p. 673-675 Economic Turbulence: Is a Volatile Economy Good for America?, by Clair Brown, John Haltiwanger, and Julia Lane Mitch Renkow, Mitch Renkow Department of Agricultural and Resource EconomicsNorth Carolina State UniversitySearch for more papers by this author Mitch Renkow, Mitch Renkow Department of Agricultural and Resource EconomicsNorth Carolina State UniversitySearch for more papers by this author First published: 18 July 2008 https://doi.org/10.1111/j.1467-9787.2008.00567_10.xCitations: 4Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume48, Issue3August 2008Pages 673-675 RelatedInformation
DA - 2008///
PY - 2008///
DO - 10.1111/j.1467-9787.2008.00567_10.x
VL - 48
IS - 3
SP - 673-675
ER -
TY - JOUR
TI - Preferences for public lands management under competing uses: The case of Yellowstone National Park
AU - Mansfield, Carol
AU - Phaneuf, Daniel J.
AU - Johnson, F. Reed
AU - Yang, Jui-Chen
AU - Beach, Robert
T2 - LAND ECONOMICS
AB - We examine snowmobile use conflict in Yellowstone National Park to assess the effect of different winter management policies on heterogeneous visitors’ welfare. Using a stated preference choice experiment we quantify welfare changes for snowmobile riders and non-riders under different snowmobile restrictions. A key determinant of welfare change is visitors’ willingness to trade-off reduced snowmobile access for improved ambient conditions in the park. Our findings support the notion that welfare losses to snowmobile riders could be offset by welfare gains to non-riders, but net benefits will depend on the number of riders and non-riders and the specifics of the policy. (JEL Q26, Q51)
DA - 2008/5//
PY - 2008/5//
DO - 10.3368/le.84.2.282
VL - 84
IS - 2
SP - 282-305
SN - 0023-7639
ER -
TY - JOUR
TI - Integrating property value and local recreation models to value ecosystem services in urban watersheds
AU - Phaneuf, Daniel J.
AU - Smith, V. Kerry
AU - Palmquist, Raymond B.
AU - Pope, Jaren C.
T2 - LAND ECONOMICS
AB - This paper outlines a new revealed preference method to estimate the effects of changes in land use associated with residential development on water quality and the implied ecosystem services at the watershed level. The analysis integrates data describing several types of behavior and uses hedonic property value and random utility models for local recreation to consider the multiple impacts of ecosystem services on household well-being. Several policy examples drawn from changes in Wake County, North Carolina, are used to demonstrate how spatial differences in residential development are reflected in the model’s estimates of the economic costs of deterioration in watershed quality. (JEL Q51, Q57)
DA - 2008/8//
PY - 2008/8//
DO - 10.3368/le.84.3.361
VL - 84
IS - 3
SP - 361-381
SN - 0023-7639
ER -
TY - JOUR
TI - Identifying demand parameters in the presence of unobservables: A combined revealed and stated preference approach
AU - Haefen, Roger H.
AU - Phaneuf, Daniel J.
T2 - JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
AB - We develop a combined, revealed and stated preference approach to identify discrete choice demand parameters in the presence of unobserved determinants of choice. Our approach overcomes difficulties associated with small choice sets, multicollinearity, and endogeneity that arise with revealed preference approaches. To illustrate our framework, we revisit two Canadian moose hunting datasets. Our empirical results suggest the potential gains from fusing revealed and stated preference data, but they also suggest its limitations when the data-generating processes for the data sources differ.
DA - 2008/7//
PY - 2008/7//
DO - 10.1016/j.jeem.2008.01.002
VL - 56
IS - 1
SP - 19-32
SN - 1096-0449
KW - discrete choice models
KW - non-market valuation
KW - endogeneity
ER -
TY - JOUR
TI - Fecal coliform export from four coastal North Carolina areas
AU - Line, D. E.
AU - White, N. M.
AU - Kirby-Smith, W. W.
AU - Potts, J. D.
T2 - JOURNAL OF THE AMERICAN WATER RESOURCES ASSOCIATION
AB - Abstract: Fecal coliform (FC) bacteria in coastal waters impair the use of these waters for shellfish harvesting and recreation. This study was designed to quantify and compare FC levels and export in two coastal watersheds with different land uses. Continuous monitoring of rainfall and discharge at three sites in the Jumping Run Creek watershed and one site in the Pettiford Creek watershed were conducted during a 4.5‐year period. Primary land use in the drainage area of one of the three Jumping Run Creek sites is low density industrial, while the other two are residential. Land use in the Pettiford Creek watershed is managed national forest. Nonstorm or base‐flow grab and flow‐proportional storm‐event samples were collected and analyzed for turbidity, conductivity, suspended sediment, nitrogen, phosphorus, and FC. Geometric mean FC levels for the Jumping Run Creek monitoring sites ranged from 593 to 2,096 mpn/100 ml, while the mean level at the Pettiford Creek site was 191 mpn/100 ml. Levels of most other parameters were greater in storm discharge from the Jumping Run Creek sites as compared to Pettiford Creek indicating that pollutant export from a watershed increases with development. Statistical analysis of the monitoring data suggested that FC levels in stormwater samples consistently increased with storm rainfall, but were not consistently correlated with any other parameter, including total suspended solids. Multivariate analysis indicated that the weekly FC export for each of the four sites was lowest during the December‐February quarter. Export was highest during the spring and summer at the Jumping Run Creek sites, while for the Pettiford Creek site, FC export was highest during September‐November. The cause of the seasonal variability was unknown but was thought to be associated with human activity in the watersheds.
DA - 2008/6//
PY - 2008/6//
DO - 10.1111/j.1752-1688.2008.00185.x
VL - 44
IS - 3
SP - 606-617
SN - 1752-1688
KW - stormwater
KW - fecal coliform
KW - development
KW - monitoring
ER -
TY - JOUR
TI - Factors affecting farmer adoption of remotely sensed imagery for precision management in cotton production
AU - Larson, James A.
AU - Roberts, Roland K.
AU - English, Burton C.
AU - Larkin, Sherry L.
AU - Marra, Michele C.
AU - Martin, Steven W.
AU - Paxton, Kenneth W.
AU - Reeves, Jeanne M.
T2 - PRECISION AGRICULTURE
DA - 2008/8//
PY - 2008/8//
DO - 10.1007/s11119-008-9065-1
VL - 9
IS - 4
SP - 195-208
SN - 1385-2256
KW - aerial imagery
KW - precision farming technology
KW - satellite imagery
KW - variable-rate technology
ER -
TY - JOUR
TI - Where to put things? Spatial land management to sustain biodiversity and economic returns
AU - Polasky, Stephen
AU - Nelson, Erik
AU - Camm, Jeff
AU - Csuti, Blair
AU - Fackler, Paul
AU - Lonsdorf, Eric
AU - Montgomery, Claire
AU - White, Denis
AU - Arthur, Jeff
AU - Garber-Yonts, Brian
AU - Haight, Robert
AU - Kagan, Jimmy
AU - Starfield, Anthony
AU - Tobalske, Claudine
T2 - BIOLOGICAL CONSERVATION
AB - Expanding human population and economic growth have led to large-scale conversion of natural habitat to human-dominated landscapes with consequent large-scale declines in biodiversity. Conserving biodiversity, while at the same time meeting expanding human needs, is an issue of utmost importance. In this paper we develop a spatially explicit landscape-level model for analyzing the biological and economic consequences of alternative land-use patterns. The spatially explicit biological model incorporates habitat preferences, area requirements and dispersal ability between habitat patches for terrestrial vertebrate species to predict the likely number of species that will be sustained on the landscape. The spatially explicit economic model incorporates site characteristics and location to predict economic returns for a variety of potential land uses. We apply the model to search for efficient land-use patterns that maximize biodiversity conservation objectives for given levels of economic returns, and vice versa. We apply the model to the Willamette Basin, Oregon, USA. By thinking carefully about the arrangement of activities, we find land-use patterns that sustain high levels of biodiversity and economic returns. Compared to the 1990 land-use pattern, we show that both biodiversity conservation and the value of economic activity could be increased substantially.
DA - 2008/6//
PY - 2008/6//
DO - 10.1016/j.biocon.2008.03.022
VL - 141
IS - 6
SP - 1505-1524
SN - 1873-2917
KW - conservation planning
KW - efficiency frontier
KW - land use
KW - tradeoffs
KW - terrestrial vertebrates
KW - survival probability
ER -
TY - JOUR
TI - A structural econometric model of joint consumption of goods and recreational time: An application to pick-your-own fruit
AU - Carpio, C. E.
AU - Wohlgenant, M. K.
AU - Safley, C. D.
T2 - American Journal of Agricultural Economics
DA - 2008///
PY - 2008///
DO - 10.1111/j.146-8276.2007.01132.x
VL - 90
IS - 3
SP - 644-657
ER -
TY - JOUR
TI - The meaning of agricultural sustainability: Evidence from a conjoint choice survey
AU - Sydorovych, O.
AU - Wossink, A.
T2 - Agricultural Systems
AB - Because of its complex, multi-dimensional nature, agricultural sustainability is most often assessed using numerous indicators, which make aggregate comparisons among different production systems difficult. In this paper we propose a methodology that could be beneficial in aggregate sustainability assessment. We apply the method of conjoint analysis to select economic, social, and ecological attributes that are perceived as important for agricultural sustainability by different stakeholders and to assess their relative impact on the overall sustainability measure. Our method presents a flexible framework which could be adopted for a variety of specific applications and allows drawing comparisons among various stakeholder groups based on how they perceive agricultural sustainability.
DA - 2008///
PY - 2008///
DO - 10.4016/j.agsy.2008.03.001
VL - 98
IS - 1
SP - 10-20
ER -
TY - JOUR
TI - The demand for agritourism in the United States
AU - Carpio, C. E.
AU - Wohlgenant, M. K.
AU - Boonsaeng, T.
T2 - Journal of Agricultural and Resource Economics
DA - 2008///
PY - 2008///
VL - 33
IS - 2
SP - 254-269
ER -
TY - JOUR
TI - Healthy food, unhealthy food and obesity
AU - Zheng, Xiaoyong
AU - Zhen, Chen
T2 - ECONOMICS LETTERS
AB - Abstract We examine whether the latent behavioral mechanisms embedded in two “price effects” explanations of the obesity problem are operative. Our findings lend support to the hypothesis that falling food price is one likely cause of the obesity epidemic.
DA - 2008/8//
PY - 2008/8//
DO - 10.1016/j.econlet.2008.02.014
VL - 100
IS - 2
SP - 300-303
SN - 0165-1765
KW - obesity
KW - food demand
KW - demand system estimation
ER -
TY - JOUR
TI - Estimated costs and investment analysis of producing and harvesting muscadine grapes in the southeastern United States
AU - Carpio, C. E.
AU - Safley, C. D.
AU - Poling, E. B.
T2 - HortTechnology
DA - 2008///
PY - 2008///
VL - 18
IS - 2
SP - 308-317
ER -
TY - JOUR
TI - Parametric and nonparametric statistical modelling of crop yield: implications for pricing crop insurance contracts
AU - Ozaki, Vitor A.
AU - Goodwin, Barry K.
AU - Shirota, Ricardo
T2 - APPLIED ECONOMICS
AB - This article considers alternative methods to calculate the fair premium rate of crop insurance contracts based on county yields. The premium rate was calculated using parametric and nonparametric approaches to estimate the conditional agricultural yield density. These methods were applied to a data set of county yield provided by the Statistical and Geography Brazilian Institute (IBGE), for the period of 1990 through 2002, for soybean, corn and wheat, in the State of Paraná. In this article, we propose methodological alternatives to pricing crop insurance contracts resulting in more accurate premium rates in a situation of limited data.
DA - 2008///
PY - 2008///
DO - 10.1080/00036840600749680
VL - 40
IS - 9
SP - 1151-1164
SN - 1466-4283
ER -
TY - JOUR
TI - Modelling the crop variety demand of semi-subsistence households: Bananas in Uganda
AU - Edmeades, Svetlana
AU - Phaneuf, Daniel J.
AU - Smale, Melinda
AU - Renkow, Mitch
T2 - JOURNAL OF AGRICULTURAL ECONOMICS
AB - Abstract We propose an approach to model the derived demand for crop varieties among semi‐subsistence farmers in a developing economy, and apply it to smallholder banana producers in Uganda. We model variety planting decisions as being composed of an extensive margin decision to grow a subset of locally available varieties (variety choice); and an intensive margin decision about the scale or extent of variety cultivation per farm (variety demand). We estimate variety demand equations using a more complete representation of the choice set upon which observed planting decisions are made. Computed elasticities of variety demand with respect to variety attributes indicate that the relative importance of consumption and production attributes varies by location and proximity to markets, from which we draw implications for the social and economic impact of crop improvement. The approach that we propose has broad appeal for analysing adoption decisions for modern or traditional varieties of both major and minor crops in developing countries.
DA - 2008/6//
PY - 2008/6//
DO - 10.1111/j.1477-9552.2007.00153.x
VL - 59
IS - 2
SP - 329-349
SN - 0021-857X
KW - demand analysis
KW - research methods
KW - technology adoption
ER -
TY - JOUR
TI - Factors influencing the incidence of bribery payouts by firms: A cross-country analysis
AU - Chen, Yanjing
AU - Yasar, Mahmut
AU - Rejesus, Roderick M.
T2 - JOURNAL OF BUSINESS ETHICS
DA - 2008/1//
PY - 2008/1//
DO - 10.1007/s10551-006-9346-4
VL - 77
IS - 2
SP - 231-244
SN - 0167-4544
KW - bribery
KW - corruption
KW - cross-country analysis
KW - government
KW - public officials
ER -
TY - JOUR
TI - Mechanical refrigeration, seasonality, and the hog-corn cycle in the United States: 1870-1940
AU - Craig, Lee A.
AU - Holt, Matthew T.
T2 - EXPLORATIONS IN ECONOMIC HISTORY
AB - This paper examines the role of mechanical refrigeration in seasonality and structural change in the U.S. hog–corn cycle, 1870–1940. This period covers an era in which the widespread adoption of mechanical refrigeration greatly affected the ability to store and transport perishable commodities. These developments in turn altered the seasonal production and price structure for many commodities, including pork. We use a new class of time series models, time-varying smooth transition autoregressions (TV-STARs), to document both the structural change and the nonlinear features observed in seasonal patterns for the U.S. hog–corn price relationship during the late nineteenth and early twentieth centuries.
DA - 2008/1//
PY - 2008/1//
DO - 10.1016/j.eeh.2007.06.002
VL - 45
IS - 1
SP - 30-50
SN - 1090-2457
KW - hog cycle
KW - refrigeration
KW - seasonality
KW - structural change
KW - time-varying smooth transition autoregression
ER -
TY - JOUR
TI - Farmers' health insurance and access to health care
AU - Zheng, Xiaoyong
AU - Zimmer, David M.
T2 - AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
AB - Abstract We estimate farmers' health care consumption given their insurance status, explicitly taking into account the possible endogeneity of insurance. Data come from the 1996–2001 waves of the Medical Expenditure Panel Survey conducted by the Agency for Healthcare Research and Quality. Results show that farmers have problems accessing affordable health insurance coverage, and these access problems lead to an overall reduction in the utilization of health care services by uninsured farmers. After controlling for selection, we observe quantitatively large and statistically significant direct effects of uninsurance on the utilization of health care services.
DA - 2008/2//
PY - 2008/2//
DO - 10.1111/j.1467-8276.2007.01041.x
VL - 90
IS - 1
SP - 267-279
SN - 1467-8276
KW - farmers' access to health care
KW - health insurance choice
KW - health care utilization
KW - medical expenditure panel survey
ER -
TY - JOUR
TI - Estimating the degree of market integration
AU - Fackler, Paul L.
AU - Tastan, Hueseyin
T2 - AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
AB - Abstract Existing tests of spatial market integration are commonly based on statistical criteria without an explicit link to an economic model of price determination. This article proposes new measures of market integration defined directly in terms of a well‐known spatial price determination model and develops an econometric methodology for estimating these measures. Due to the intractability of the conditional density function of prices, we use indirect inference to estimate the model parameters and market integration measures. The methodology is illustrated with simulated data and is applied to soybean price data for the United States, Brazil, and the EU.
DA - 2008/2//
PY - 2008/2//
DO - 10.1111/j.1467-8276.2007.01058.x
VL - 90
IS - 1
SP - 69-85
SN - 0002-9092
KW - indirect inference
KW - market integration
KW - price analysis
ER -