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Economics

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Theses/Dissertations

Economics

Iowa State University

2003

Articles 1 - 6 of 6

Full-Text Articles in Life Sciences

An Economic Perspective On Iowa Farm Diversification In The Twentieth Century, Matthew Edward Miller Jan 2003

An Economic Perspective On Iowa Farm Diversification In The Twentieth Century, Matthew Edward Miller

Retrospective Theses and Dissertations

The thesis examines farm-level diversification in Iowa over the past century. Economic theory is employed to propose explanations for observed trends in diversification. The hypothesis says that agricultural production technology has been the driving force behind the emergence of large, highly specialized farms in Iowa. Applications from portfolio theory, the theory of the farm, and agronomics are also utilized to flesh out the theory section. Two indexes, entropy and the Hirschman-Herfindahl index, are constructed using production and price data from the Census of Agriculture. The indices show diversification as relatively constant from 1885 to 1930, after which, a strong specialization ...


Identifying The Driving Forces Of Rural Economic Growth: The Impact Of Intellectual Spillovers, Technology, And Amenities On Employment Growth In The Us Midwest , Daniel Charles Monchuk Jan 2003

Identifying The Driving Forces Of Rural Economic Growth: The Impact Of Intellectual Spillovers, Technology, And Amenities On Employment Growth In The Us Midwest , Daniel Charles Monchuk

Retrospective Theses and Dissertations

This dissertation examines a number of issues related to economic growth in rural regions. The major themes explored are the roles of spatial technological externalities in the creation of new knowledge, the impacts of technology and technology spillovers on non-farm employment growth, and the role of amenities influencing non-farm employment growth. The theoretical model examines the interaction between rural and urban areas in an overlapping generations model allowing migration of high skill workers. The major theoretical conclusions reached suggests: (1) if technology spillovers exist in the urban market then high skill individuals will seek employment in the urban area where ...


A Stochastic Model Of Maize Gene Dispersal, David G. Ripplinger Jan 2003

A Stochastic Model Of Maize Gene Dispersal, David G. Ripplinger

Retrospective Theses and Dissertations

The spatial distribution of maize genes is predicted using a two dimensional Lagrangian stochastic (LS) model that meets sub-inertial and well-mixed conditions. Using wind data from central Iowa, a Weibull distribution is fit. From this distribution, a series of Monte Carlo simulations are run using the LS model in three forms. The final two forms of the model are based on USDA regulations for the production of pharmaceutical producing corn, demonstrating the model's suitability for analyzing the risk of transgene dispersal in maize. Special considerations are given to the large size of maize pollen, the likelihood of pollen seepage ...


Second Moment Characterization Of Agricultural Export And Income Projection Models, Andrew Dean Miller Jan 2003

Second Moment Characterization Of Agricultural Export And Income Projection Models, Andrew Dean Miller

Retrospective Theses and Dissertations

Agricultural outlook baseline projections published by FAPRI, USDA and the OECD are intended as policy analysis tools. It is shown that projections have been used as forecasts. Therefore, users of baseline projections need information about the past performance of baseline projections. This thesis measures the projection errors of baseline projections using RMSE and MAPE and assesses the ability of models to predict directional movements. The baseline model results are compared to corresponding results of naive models. For projection errors, a mixed model is used to estimate the mean bias and confidence intervals about the mean. Projections of corn, soybean, wheat ...


Factors Affecting Symbolic And Use Adoption Of Local Foods For Consumers In Black Hawk County, Iowa, Erin M. Tegtmeier Jan 2003

Factors Affecting Symbolic And Use Adoption Of Local Foods For Consumers In Black Hawk County, Iowa, Erin M. Tegtmeier

Retrospective Theses and Dissertations

A local food system may be an alternative to the increasingly globalized and concentrated food market and a means to augment the availability of fresh foods, create economically viable options for farmers and enhance the health of local ecosystems. Consumers are a vital component of these systems. Insight into the decision-making process surrounding the purchase of local foods can aid in efforts to build thriving local food systems. Studies on consumer attitudes show that, in general, consumers are aware and supportive of local foods. Abstract or civic factors, such as concern for the environment or food safety, are often identified ...


Investment Analysis Of Deferring A Farmer Owned Ethanol Plant: Using Real Options, Ramanathan Shunmugavelu Jan 2003

Investment Analysis Of Deferring A Farmer Owned Ethanol Plant: Using Real Options, Ramanathan Shunmugavelu

Retrospective Theses and Dissertations

A farmers owned value-added (FOVA) business is often subject to changes in the political situations. So an investment analysis tool that incorporates uncertainty, such as real options is more appropriate. Application of real options is limited in FOVA businesses. In this thesis, the concept of real options is applied under the framework of a farmer owned ethanol plant. The impact of changes in the policy or political situations on ethanol industry is well known. Farmer investors that are currently interested in investing in an ethanol plant should decide whether it is worthwhile to invest now or wait for a year ...