Open Access. Powered by Scholars. Published by Universities.®

Life Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Economics

PDF

Theses/Dissertations

1989

Articles 1 - 15 of 15

Full-Text Articles in Life Sciences

Policy Structure, Output Supply And Input Demand For Us Crops , Satheesh Venkata Aradhyula Jan 1989

Policy Structure, Output Supply And Input Demand For Us Crops , Satheesh Venkata Aradhyula

Retrospective Theses and Dissertations

In this study a crop sector model for the United States was constructed. A theoretical framework incorporating agricultural producers decisions on whether to comply with the volunteer commodity programs was developed. Unlike previous studies, policy variables are directly incorporated in a structural framework. A multioutput-multiinput technology in a dual framework was used for the present study. Crop supply and input demand equations were derived from a normalized quadratic profit function. The crop sector module consisted of thirteen crops (wheat, rice, corn, other coarse grains, soybeans, hay, cotton, peanuts, flaxseed and sunflower, sugarcane and sugarbeet, tobacco, vegetables, and fruits and nuts ...


Testing Futures Market Efficiency: An Empirical Study , Atcharawan Ngarmyarn Jan 1989

Testing Futures Market Efficiency: An Empirical Study , Atcharawan Ngarmyarn

Retrospective Theses and Dissertations

Some researchers have found that futures prices were biased predictors of future cash prices due to the risk averse behavior of market participants. This paper tested efficiency of corn and wheat futures market using the theoretical model developed by Turnovsky (1983).[superscript]1 The risk premium under the assumption of constant absolute risk aversion of producers and inventory holders was estimated using a nonlinear estimation technique and was used to specify another model of equilibrium expected prices to test if corn and wheat futures markets were efficient. The expectations in this study were formed rationally, which is a necessary condition ...


Iowa Farmland Ownership And Tenure, Tim Edward Jackson Jan 1989

Iowa Farmland Ownership And Tenure, Tim Edward Jackson

Retrospective Theses and Dissertations

No abstract provided.


A Dynamic Model Of The U.S. Cotton Market With Rational Expectations , Grace Yueh-Hsiang Tsai Jan 1989

A Dynamic Model Of The U.S. Cotton Market With Rational Expectations , Grace Yueh-Hsiang Tsai

Retrospective Theses and Dissertations

This study presents a dynamic rational expectations model for the U.S. cotton market. The dynamic decision rules are derived from the cotton farmer and miller optimization problems; and the equilibrium movements of prices, production, land allocation, and mill consumption are solved analytically. The dynamic element in the cotton farmer and miller problems come from the cost functions. In the cotton cost function a sequential adjustment cost is used while a quadratic cost function is used in the cotton yarns cost function. These optimal decision rules are derived as functions of past values of these decision variables, expectations of future ...


Policy Modeling Of Maize Marketing Operations In Zambia, Leyeka Charles Lufumpa Jan 1989

Policy Modeling Of Maize Marketing Operations In Zambia, Leyeka Charles Lufumpa

Retrospective Theses and Dissertations

No abstract provided.


Formulation Of A Carcass Cutout Value: An Alternative Wholesale Beef Pricing Method, Eric (Eric L.) Grundmeier Jan 1989

Formulation Of A Carcass Cutout Value: An Alternative Wholesale Beef Pricing Method, Eric (Eric L.) Grundmeier

Retrospective Theses and Dissertations

No abstract provided.


The Impact Of Decoupling On Iowa Feed Grain Producers, Thomas Barth Harrington Jr. Jan 1989

The Impact Of Decoupling On Iowa Feed Grain Producers, Thomas Barth Harrington Jr.

Retrospective Theses and Dissertations

No abstract provided.


Agricultural Land Transfers In Iowa During The Financial Stress Of The 1980s, Stephen Paul Stone Nicholson Jan 1989

Agricultural Land Transfers In Iowa During The Financial Stress Of The 1980s, Stephen Paul Stone Nicholson

Retrospective Theses and Dissertations

No abstract provided.


Options And Market Information: A Mean-Variance Portfolio Approach , David William Bullock Jan 1989

Options And Market Information: A Mean-Variance Portfolio Approach , David William Bullock

Retrospective Theses and Dissertations

The major objective of this study was to extend the mean-variance portfolio model to incorporate option markets. Previous attempts in the literature have been only partially successful and this is due to an improper specification of the mean vector and variance-covariance matrix of returns. An option introduces special problems in modeling because of its truncated return structure. Conventional mean-variance analysis has not been developed to handle this problem. This study uses a statistical theorem, based upon the definition of a conditional moment, to arrive at a mean vector and variance-covariance matrix of returns for the portfolio containing options;Using the ...


An Analysis Of Demand For Food And Nutrition In India , N. B. Suresh Chandra Babu Jan 1989

An Analysis Of Demand For Food And Nutrition In India , N. B. Suresh Chandra Babu

Retrospective Theses and Dissertations

The demand for food and nutrition has been analyzed in this study for the Indian subcontinent. The objective of the study was to obtain the estimates of demand elasticities for food and nutrition among ten expenditure classes both in rural and urban regions. Data collected by the National Sample Survey Organization on the household consumption expenditure were utilized for the study;The results of budget share analysis indicated that for the rural households, food grains formed more than 60 percent of the budget for the lower expenditure classes and the share of food grains declined with expenditure class. The urban ...


Methods For Assessing The Likelihood Of Country Grain Elevator Failure In The United States , James C. Mcconnon Jr. Jan 1989

Methods For Assessing The Likelihood Of Country Grain Elevator Failure In The United States , James C. Mcconnon Jr.

Retrospective Theses and Dissertations

The ability to accurately assess the financial soundness of grain elevators has become an increasingly important task for regulatory authorities. Recent changes in both the general economy and the agricultural economy during the early and mid-1980s have created financial stress in parts of the grain sector. These changes and the resulting increases in the number of grain elevator insolvencies have caused regulators to seek improved means to judge the financial health of grain elevators. The purpose of this study was to develop an accurate and reliable early warning model to assist regulatory authorities in identifying financially troubled country grain elevators ...


The Integration Of Alternative Information Systems: An Application To The Hogs And Pigs Report , Karl Durwood Skold Jan 1989

The Integration Of Alternative Information Systems: An Application To The Hogs And Pigs Report , Karl Durwood Skold

Retrospective Theses and Dissertations

Recent federal budget cuts have reduced the sample survey coverage of U.S. Department of Agriculture (USDA) crop and livestock reports. These cuts have renewed the concerns of the adequacy and reliability of the reports, in general, and of the Hogs and Pigs report in particular. The object of this study is to demonstrate that more consistent and reliable initial estimates of key hog supply and inventory categories can be generated by augmenting the survey-based Hogs and Pigs report estimates with market information. Two alternative pork sector econometric models with alternative expectation regimes are proposed as a relatively costless means ...


The Consequences For Argentina Of Alternative Us And Argentine Trade And Agricultural Policies , Patrick Charles Westhoff Jan 1989

The Consequences For Argentina Of Alternative Us And Argentine Trade And Agricultural Policies , Patrick Charles Westhoff

Retrospective Theses and Dissertations

Argentine farmers operate in a complex, unstable and generally adverse policy environment. The study develops a model that reflects the policy and world market environment faced by Argentine agricultural producers. The model is used to investigate the effects of the U.S. Food Security Act of 1985 on Argentine agriculture, as well as the consequences of possible policy responses by the Artentine government;Argentine commodity prices are linked to U.S. prices via a multi-tiered price transmission process. Export tax rates are endogenized, and are shown to be positively related to world market prices and Argentine inflation rates. Domestic marketing ...


The Factor Bias Of Technical Change And Technology Adoption Under Uncertainty , Tae-Kyun Kim Jan 1989

The Factor Bias Of Technical Change And Technology Adoption Under Uncertainty , Tae-Kyun Kim

Retrospective Theses and Dissertations

This dissertation examines the impact of uncertainty on the factor bias of technical change and technological adoption behavior. An Ito stochastic control model, which is characterized by endogenous factor-augmenting technical change, is developed to investigate the relationship between uncertainty and the bias of technical change;The results show that, if a risk-averse firm faces input price uncertainty, technical change will be biased toward the input that has the more certain price. Output price uncertainty does not affect the direction of technical change bias but does affect the degree of bias. Under output price uncertainty and an input price uncertainty, technical ...


Two Articles Employing Risk Programming Techniques To Determine Optimal Enterprise Combinations On Southern Iowa Farms, Galen G. Herr Jan 1989

Two Articles Employing Risk Programming Techniques To Determine Optimal Enterprise Combinations On Southern Iowa Farms, Galen G. Herr

Retrospective Theses and Dissertations

No abstract provided.