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Articles 151 - 168 of 168

Full-Text Articles in Other Economics

Institutional Changes And Discretionary Value For Property Rights In Drylands’ Farming Of The Sudan, Professor Issam A.W. Mohamed Jun 1999

Institutional Changes And Discretionary Value For Property Rights In Drylands’ Farming Of The Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Research on land tenure and use control and the socioeconomic sets of regulations in the agricultural rainfed sub sector of Sudan, come to focus for many reasons. Anthropogenic pressure, expanding animal population and migration led to accelerated impacts on both the ecological systems and land yields. Conflicts between governmental regulations and indigenous rules contribute to generate inconsistencies on who have the right to till the land and hence own it. With such transformation logically, more intensive commercial farming took place and land intake exponentially increased. Private or collective property rights of land are procured through traditional tenure, prescription, settlement or ...


Measures Of Welfare Effects In Multiproduct Industries: The Case Of Multispecies Individual Quota Fisheries, Niels Vestergaard Dec 1998

Measures Of Welfare Effects In Multiproduct Industries: The Case Of Multispecies Individual Quota Fisheries, Niels Vestergaard

Niels Vestergaard

A framework is developed to measure the welfare effects of individual quota reforms in multiproduct industries using the multimarket welfare measure techniques suggested by Just, Hueth, and Schmitz (1982) and the concept of virtual price in the production theory literature (Neary 1995; Squires and Kirkley 1996). Under joint in input production it shown that quasirent under a single quota can be measured by the producer surplus either in the output market for quota output or in the quota market. Under multiple quotas the welfare effects of quota policies can be measured in one of the quota markets using inverse derived ...


Chinese Consumer Demand For Animal Products And Implications For U.S. Pork And Poultry Exports, Qingbin Wang, Frank Fuller, Dermot J. Hayes, Catherine Halbrendt Jul 1998

Chinese Consumer Demand For Animal Products And Implications For U.S. Pork And Poultry Exports, Qingbin Wang, Frank Fuller, Dermot J. Hayes, Catherine Halbrendt

Economics Publications

This paper examines Chinese consumer preference for major animal products and assesses the potential impacts of a reduction in China’s import tariff on its pork and poultry demand and net import. Our analysis suggests that China’s demand for animal products will continue to grow as income increases. Using a trade model, results of our scenario analysis indicate that a reduction in China’s import tariffs will significantly increase its net pork and poultry imports and the U.S. will capture most of the increases. Nevertheless, the impact on the market price in China and the U.S. is ...


Moving From Uniform To Variable Fertilizer Rates On Iowa Corn: Effects On Rates And Returns, Bruce A. Babcock, Gregory R. Pautsch Jan 1998

Moving From Uniform To Variable Fertilizer Rates On Iowa Corn: Effects On Rates And Returns, Bruce A. Babcock, Gregory R. Pautsch

Economics Publications

This study develops a model based on the yield potential of various soil types in 12 Iowa counties to estimate the potential value of switching from uniform to variable fertilizer rates. Results indicate modest increases in the gross returns over fertilizer costs, ranging from $7.43 to $1.52 per acre. The net profitability of variable-rate technology (VRT) is sensitive to the per acre costs of moving to a VRT program. Under the assumptions of the model, applying variable rates would increase yield by 0.05 to 0.50 bushels per acre, and would reduce fertilizer costs by $1.19 ...


Bæredygtig Udnyttelse Af Fornybare Ressourcer: Torskefiskeriet Ved Færøerne, Niels Vestergaard Dec 1994

Bæredygtig Udnyttelse Af Fornybare Ressourcer: Torskefiskeriet Ved Færøerne, Niels Vestergaard

Niels Vestergaard

The Faroe Islands cod fishery is analyzed for the period 1985-1992. It is shown that an approximately optimal and implementable fishery policy based on sustainability have increased the gross national income in the fishery by about 20%. This loss is due to an inoptimal organization of the fishery during that period combined with a very low cod stock at the end of 1992, which means reduced future catch possibilities. that the fishing capacity could have been reduced by about 1/3. The policy of sustainability is applied to the current situation in the fishery, and it is shown that the ...


Interventi Disaccoppiati, Riforma Della Pac E Redditi Agricoli: Una Analisi Qualitativa, Paolo Sckokai, Giancarlo Moschini Sep 1993

Interventi Disaccoppiati, Riforma Della Pac E Redditi Agricoli: Una Analisi Qualitativa, Paolo Sckokai, Giancarlo Moschini

Economics Publications

La recente riforma della Politica Agricola Comune (PAC) costituisce uno dei cambiamenti piu drastici ed ambiziosi che sia stato mai intrapreso negli orientamenti comunitari. Come e noto, il sostegno del mercato dei principali prodotti agricoli subira modificazioni profonde, ponendo una serie di importanti quesiti sugli effetti economici della riforma. In Italia, lo sforzo dei ricercatori si e rivolto essenzialmente alia quantificazione degli effetti sui redditi agricoli, come logica risposta aile preoccupazioni del mondo rurale, che vede nella riforma una vera e propria rivoluzione 1 , In queStO COnteStO, Un puntO di pattenza Utile e rappresentato da una discussione teorica dei nuovi ...


Commodity Policy, Price Incentives, And The Growth In Per-Acre Yields, William E. Foster, Bruce Babcock Jul 1993

Commodity Policy, Price Incentives, And The Growth In Per-Acre Yields, William E. Foster, Bruce Babcock

Economics Publications

We estimate the influence of policy-induced price changesand of technologysupply on North Carolina flue-cured tobacco yields. The decline in land rent and effective output price that accompanied a 1965 policy change from acreage allotments to poundage quotas caused a 12 percent decrease in yields. Farmer yields were more responsive to yield-increasing technologies under acreage allotments than under poundage quotas. Annual yield growth was 0.5 percent under poundage quotas and 4.32 percent under acreage allotments. The growth rate decline is attributable to changes in relative prices and to a slowdown in the supply of available technologies.


Risk And Probability Premiums For Cara Utility Functions, Bruce A. Babcock, E. Kwan Choi, Eli Feinerman Jul 1993

Risk And Probability Premiums For Cara Utility Functions, Bruce A. Babcock, E. Kwan Choi, Eli Feinerman

Economics Publications

The risk premium and the probability premium are used to determine appropriate coefficients of absolute risk aversion under CARA utility. A defensible range of risk-aversion coefficients is defined by the coefficients that correspond to risk premiums falling between 1 and 99% of the amount at risk or to probability premiums falling between .005 and ,49 for a lottery that pays or loses a given sum. The consequences of ignoring risk premiums when selecting risk-aversion coefficients for representative decision makers are illustrated by calculation of the implied risk premium associated with the levels of absolute risk aversion assumed in six selected ...


Risk And Probability Premiums For Cara Utility Functions, Bruce A. Babcock, E. Kwan Choi, Eli Feinerman Jan 1993

Risk And Probability Premiums For Cara Utility Functions, Bruce A. Babcock, E. Kwan Choi, Eli Feinerman

Economics Publications

The risk premium and the probability premium are used to determine appro- priate coefficients of absolute risk aversion under CARA utility. A defensible range of risk-aversion coefficients is defined by the coefficients that correspond to risk premiums falling between 1 and 99% of the amount at risk or to probability premiums falling between .005 and .49 for a lottery that pays or loses a given sum. The consequences of ignoring risk premiums when selecting risk-aversion coefficients for representative decision makers are illustrated by calculation of the implied risk premium associated with the levels of absolute risk aversion assumed in six ...


The Value Of Reducing Temporal Input Nonuniformities, Bruce A. Babcock, Alfred M. Blackmer Dec 1992

The Value Of Reducing Temporal Input Nonuniformities, Bruce A. Babcock, Alfred M. Blackmer

Economics Publications

No abstract provided.


Single-Stage And Two-Stage Decision Modeling Of The Recreational Demand For Water, Leroy T. Hansen, Arne Hallam Jan 1990

Single-Stage And Two-Stage Decision Modeling Of The Recreational Demand For Water, Leroy T. Hansen, Arne Hallam

Economics Publications

Past rivalry over access to water has usually been between the farmers who irrigate and new agricultural, industrial, and municipal demands. Recently, the recreational demand for water has become another consideration in water allocation decisions. We examine the significance of the recreational demand for water as a fishery resource by applying two different frameworks to the decision to fish. The consistency of the estimated responses to changes in fishery resources across both decision frameworks testifies to the importance of streams as a recreational fishery resource. Modeling behavior within the household production framework allows all downstream effects to be estimated, not ...


Who Says Public Investment In Agricultural Research Doesn't Pay?, Stanley K. Seaver Jul 1989

Who Says Public Investment In Agricultural Research Doesn't Pay?, Stanley K. Seaver

Storrs Agricultural Experiment Station

No abstract provided.


Sustainable Rates Of Return For Milk Quotas In Ontario, Giancarlo Moschini, Karl D. Meilke Mar 1988

Sustainable Rates Of Return For Milk Quotas In Ontario, Giancarlo Moschini, Karl D. Meilke

Economics Publications

This paper utilizes the capital asset pricing model, together with available econometric estimates of the cost function of Ontario dairy farms, to estimate rates of returns for three types of milk quotas. The estimated rates follow the trend of the interest rate in the economy, and the rate of return on fluid milk quota is higher than the rate of return on industrial milk quotas.


Estimating The Degree Of Market Power In The Beef Packing Industry, John R. Schroeter Jan 1988

Estimating The Degree Of Market Power In The Beef Packing Industry, John R. Schroeter

Economics Publications

A technique for assessing the degree of monopoly power, developed by Appelbaum (1979, 1982), is extended here to permit measurement of monopsony power as well. Data from the U.S. beef packing industry are examined. The results reveal small, but statistically significant monopoly/monopsony price distortions in slaughter cattle and wholesale beef markets but, in spite of a recent trend toward heightened concentration in the industry, give no indication that performance has become appreciably less competitive of late.


Estimating The Value Of Water Quality Improvements In A Recreational Demand Framework, Nancy E. Bockstael, Catherine Kling, W. Michael Hanemann Jan 1987

Estimating The Value Of Water Quality Improvements In A Recreational Demand Framework, Nancy E. Bockstael, Catherine Kling, W. Michael Hanemann

Catherine Kling

With the advent of Executive Order 12291, policymakers involved in water quality regulation are increasingly interested in assessing the benefits of their programs. Several methods for valuing water quality improvements using recreational demand models have been developed by economists, most of which depend on observing recreationists visiting an array of sites with varying water quality and costs of access. In this paper, three general types of models are described: systems of demands, discrete choice models, and the hedonic travel cost approach; the latter two models are demonstrated using a common data set on water quality and swimming behavior in the ...


Implicit Prices Of Soil Characteristics For Farmland In Iowa, John A. Miranowski, Brian D. Hammes Dec 1984

Implicit Prices Of Soil Characteristics For Farmland In Iowa, John A. Miranowski, Brian D. Hammes

Economics Publications

Arguments have long persisted that purchasers pay too much for poor land (i.e., less productive, more erosive) relative to the higher quality counterpart. In other words, purchasers are either irrational or poorly in- formed relative to the differences in land productivity between poor and good farmland. Similar arguments have been advanced concerning the willingness-to-pay rent on the part of tenant operators.


An Analysis Of Time Restraints For Farm Planning, Neil A. Patrick Jan 1967

An Analysis Of Time Restraints For Farm Planning, Neil A. Patrick

Retrospective Theses and Dissertations

No abstract provided.


Hog Price Differentials Between Selected Iowa Markets, John Marvin Skadberg Jan 1964

Hog Price Differentials Between Selected Iowa Markets, John Marvin Skadberg

Retrospective Theses and Dissertations

No abstract provided.