http://ageconsearch.umn.edu/handle/36183 Search the Channel search http://ageconsearch.umn.edu/simple-search http://ageconsearch.umn.edu/handle/31537 Title: NAREA OUTSTANDING MASTER'S THESIS AWARD ABSTRACTS <br/> <br/>Abstract: The effects of the real exchange rate, sectoral policies and price transmission on exports: an analysis of banana, coffee and cocoa exports from Ecuador, by Xavier Bejarano; Contingent valuation methodology and the bounded rationality perspective, by Thomas S. Michelman; Agricultural trade liberalization in China: a computable general equilibrium analysis, by Indu Sundaresan; An evaluation of campers' preferences using conjoint analysis, by Cheryl A. Trott; Leading firm heterogeneity as a determinant of advertising intensity in food and tobacco manufacturing, by Michael S. Willis. http://ageconsearch.umn.edu/handle/31538 Title: EXPERIMENTAL MARKETS AND ENVIRONMENTAL POLICY <br/> <br/>Authors: Shogren, Jason F. <br/> <br/>Abstract: Experimental markets can be a useful tool to guide and evaluate environmental policy. This paper reviews four experiments to illustrate. Two institutional experiments are considered-Coasian bargaining with positive transaction costs, and a gaming experiment of dynamic choice in a conflict. Two valuation experiments are also discussed-the impact of sequential reduction mechanisms on the value of risk, and experimental auction markets to elicit the value of safer food. http://ageconsearch.umn.edu/handle/31539 Title: PRESIDENTS, NEW ENGLAND AGRICULTURAL ECONOMICS COUNCIL, NORTHEAST AGRICULTURAL ECONOMICS COUNCIL, NORTHEAST AGRICULTURAL AND RESOURCE ECONOMICS ASSOCIATION, 1955-1994; EDITORS OF THE ARER, 1972-1995 http://ageconsearch.umn.edu/handle/31540 Title: THE FUTURE OF THE LAND GRANT UNIVERSITY SYSTEM <br/> <br/>Authors: Diamantides, Jerry; Weaver, Tom F. <br/> <br/>Abstract: Since 1980, incremental state and national policy decisions concerning public higher education have had a variety of effects on students and institutions. Although there has been very little research, most of these effects appear to be detrimental to the health of the system of public higher education and to the nation's stock of human capital. A thorough economic analysis of the effects of policy changes on public higher education is needed to guide the system into the 21st century. http://ageconsearch.umn.edu/handle/31541 Title: FACTORS AFFECTING THE ADOPTION OF SUSTAINABLE AGRICULTURAL PRACTICES <br/> <br/>Authors: D'Souza, Gerard; Cyphers, Douglas; Phipps, Tim <br/> <br/>Abstract: The extent to which individual factors influence the adoption of sustainable agricultural practices is estimated using a logit model and data from a 1990 survey of West Virginia producers. The results are, as expected, different than those for conventional agricultural technologies. For example, the effects of human capital characteristics are significant, while those for structural and institutional characteristics are not. However, the likelihood of adoption of sustainable agricultural practices is affected most by the environmental characteristic of whether or not the producer is aware that ground water contamination exists on his farm. This creates an important "awareness effect" upon which policies to promote sustainable agriculture adoption can be formulated. It also implies the existence of a derived demand for sustainable agriculture. http://ageconsearch.umn.edu/handle/31542 Title: THE IMPACT OF DOMESTIC AND FOREIGN MACROECONOMIC VARIABLES ON U.S. MEAT EXPORTS <br/> <br/>Authors: Liu, Donald J.; Chung, Pin J.; Meyers, William H. <br/> <br/>Abstract: This paper examines the impact of domestic and foreign macroeconomic variables on U.S. meat exports, including beef, pork, turkey, and chicken, in the context of an open economy. The results show that foreign macroeconomic variables exert more significant and persistent effects on U.S. meat exports than domestic macroeconomic variables. The implication is that the U.S. can increase its meat exports more effectively by expending efforts on international macroeconomic policy coordination rather than on domestic sectoral policy. The results also suggest that macroeconomic models of the agricultural sector should include foreign variables and should not be limited only to domestic ones. http://ageconsearch.umn.edu/handle/31543 Title: THE ECONOMIC FEASIBILITY OF POULTRY LITTER COMPOSTING FACILITIES IN EASTERN WEST VIRGINIA <br/> <br/>Authors: Fritsch, David A.; Collins, Alan R. <br/> <br/>Abstract: Centralized, off-farm compost facilities were evaluated as a disposal option for poultry litter. Disposal fees to growers were required to develop an economically feasible facility for a private investor. The potential for a compost facility to compete with current litter alternatives depends upon development of compost markets comparable to urban areas along with a depressed market price for litter. Given disposal fees and uncertainty associated with market development, further expansion of land application and cattle feeding disposal alternatives is recommended. http://ageconsearch.umn.edu/handle/31544 Title: IMPACTS OF PST ON OPTIMAL PRODUCTION AND MARKETING DECISIONS OF A GROW-FINISH HOG FARM OPERATION <br/> <br/>Authors: Govindasamy, Ramu; Liu, Donald J.; Kliebenstein, James <br/> <br/>Abstract: This paper examines the impact of PST on the optimal production/marketing decisions of a grow-finish hog farm operation. The analysis evaluates PST from three angles: the feed efficiency effect, the leaner meat price effect, and the aggregate-supply-induced price effect. When limited to the feed efficiency effect only, the primary response to the new technology is to increase the animal turnover rate of the operation. When the leaner meat price effect is also included, marketing weight increases while turnover rate remains relatively unchanged. Additionally, if the increased aggregate supply depressed the market price by more than 10%, the benefits from improved feed efficiency and learner meat will be completely dissipated. Aggregate price adjustments (reductions) of less than 10 percent maintained positive producer benefits resulting from improved feed efficiency and leaner meat. http://ageconsearch.umn.edu/handle/31545 Title: THE IMPACT OF PARCEL CHRACTERISTICS ON THE COST OF DEVELOPMENT RIGHTS TO FARMLAND <br/> <br/>Authors: Wichelns, Dennis; Kline, Jeffrey D. <br/> <br/>Abstract: This paper examines the economic impact of selected farmland characteristics on the appraised value of development rights. Price elasticities are estimated for the size and location of farmland parcels, the amount of road frontage, the existence of panoramic views, and the distance to urban centers. Estimated elasticities suggest that parcel characteristics have a substantial impact on the cost of preserving farmland. For example, the per-acre cost of development rights is estimated to be 53 percent higher on farmland parcels that have a panoramic view of water than on parcels that have no water view. Similarly, the per-acre cost of development rights on a typical 25-acre farm is estimated to be 90 percent higher than on a typical 150-acre farm. Results suggest that the net social benefits obtained through farmland preservation programs may be enhanced by considering the impact of farmland characteristics on the marginal costs of purchasing development rights, when selecting among a set of candidate farms. http://ageconsearch.umn.edu/handle/31546 Title: END MATERIALS <br/> <br/>Abstract: Includes: Guidelines for Manuscript Submission, Back Cover http://ageconsearch.umn.edu/handle/31547 Title: ABSTRACTS OF ORGANIZED SYMPOSIA AND SELECTED PAPERS http://ageconsearch.umn.edu/handle/31548 Title: JOURNAL ARTICLE OF THE YEAR FOR 1992 <br/> <br/>Abstract: Short and long-run demand and substitution of agricultural inputs, by Jorge Fernandez-Cornejo. http://ageconsearch.umn.edu/handle/31549 Title: HONORARY LIFE AND DISTINGUISHED MEMBER AWARDS <br/> <br/>Abstract: Malcolm I. Bevins, John W. Malone, Donald Marion, Bernard (Bud) F. Stanton, Loren W. Tauer http://ageconsearch.umn.edu/handle/31550 Title: EXPERIMENTAL METHODS IN AGRICULTURAL AND RESOURCE ECONOMICS: HOW USEFUL ARE THEY? <br/> <br/>Authors: Fisher, Ann; Wheeler, William J.; Zwick, Rami <br/> <br/>Abstract: Experimental economics has the potential to fill some of the gaps in the economist's tool kit. This article describes experimental economics, its advantages and disadvantages, and why this tool might be a good choice in some situations. The article summarizes the history of its use by agricultural and resource economists. An illustrative example compares laboratory experiment data with survey data. http://ageconsearch.umn.edu/handle/31551 Title: COVER AND CONTENTS PAGES <br/> <br/>Abstract: Includes: Cover Pages, Contents Pages http://ageconsearch.umn.edu/handle/31552 Title: THE U.S. APPLE INDUSTRY: ECONOMETRIC MODEL AND PROJECTIONS <br/> <br/>Authors: Willett, Lois Schertz <br/> <br/>Abstract: A dynamic model of the U.S. apple industry, including relationships for bearing acres, production, utilization, and allocation to the fresh, canned, frozen, juice, dried and other markets, is specified. Demands for each of these markets are modeled. Model coefficients are obtained using Zellner's seemingly unrelated regression procedure and data from 1971 through 1990. Elasticities and flexibilities are compared with other studies. Projections indicate that price fluctuations will continue in the industry when acreage is held at 1990 levels. A ten percent increase in fresh exports strengthens all apple prices. However, a ten percent decrease in the price of juice imports mitigates some of this effect. http://ageconsearch.umn.edu/handle/31553 Title: THE RELATION BETWEEN FARM PRODUCTION RISK AND OFF-FARM INCOME <br/> <br/>Authors: Kyle, Steven C. <br/> <br/>Abstract: This paper presents a model of the farm labor allocation decision based on risk and return characteristics of different activities. It is shown that off-farm employment can play an important role in the diversification of farm family income, implying that portfolio models of risk and return to farm activities should take into account the possibility of off-farm employment. A model of the labor allocation decision based on the risk and return characteristics of each activity is developed and tested using a state level cross section of the United States over the post-war period, and performs well in explaining variation in reliance on off-farm income. http://ageconsearch.umn.edu/handle/31554 Title: ARER REVIEWERS, JUNE 1992 TO MAY 1993 http://ageconsearch.umn.edu/handle/31555 Title: A CROSS-SECTION ANALYSIS OF THE INTRA-INDUSTRY TRADE IN THE U.S. PROCESSED FOOD AND BEVERAGE SECTORS <br/> <br/>Authors: Hartman, Darcy A.; Henderson, Dennis R.; Sheldon, Ian M. <br/> <br/>Abstract: This paper analyzes the determinants of variation across industries in levels of intra-industry trade (IIT) for a sample of thirty-six U.S. processed food and beverage industries in 1987, previous studies of intra-industry trade having focused on industry characteristics in the manufacturing sectors. The determinants predicted by IIT theory are measures of product differentiation, economies of scale, and imperfect competition; the results of this analysis indicate that IIT variation across the food and beverage industries is positively related to product differentiation, economies of scope, and similarity of tariff barriers among trade partners, but negatively related to industry concentration. http://ageconsearch.umn.edu/handle/31556 Title: INSTITUTIONAL AFFILIATION OF AUTHORS IN THE AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 1988-1992 <br/> <br/>Authors: Willis, Cleve E.; Willis, Lisa M.; Shea, Jill <br/> <br/>Abstract: Opaluch and Just reported the top 20 departments in pages per faculty of articles in the American Journal of Agricultural Economics for the five year period 1968-1972. To determine how much has changed and how much has not during the intervening two decades, the analysis was repeated for the five year period 1988-1992. Some things seem not to change. University of California, Berkeley, remains at the pinnacle twenty years later. And 13 of the top 20 departments two decades ago, remain there during the 1988-1992 period. But seven did change, and the most notable aspect is that the number of Northeast departments in the top 20 rose from two to five.