This paper models backward integration by processing cooperatives into raw product production. Our analysis demonstrates that a cooperative's incentive to acquire raw product production capacity depends on its ability to restrict member production to optimal levels and the relationship between...

In this study, we extend to panel data structures the double-hurdle model typically used in cross-sectional data. The new double-hurdle model can account not only for the censored nature of commodity purchases, but also for the dynamics of the purchase process. In this model, a flexible error...

We develop a conceptual framework for quantifying fixed transactions costs facing semisubsistence households. Using household survey data from a sample of 324 Kenyan maize farmers, we generate estimates of household supply and demand schedules, as well as the price bands that they face. Our...

The paper estimates price and exchange rate elasticities in Russia during 1994-2000 for the country's major agricultural traded goods. The calculations not only can be used for trade forecasting, but also serve as indicators of the degree to which Russia is integrated into world agricultural...

This study used consumer intercept interviews at farmers markets and organic produce retail stores in northeast Arkansas to determine the variables that influence eco-label usage in organic produce markets. The results indicate that females, those with higher annual incomes, consumers who...

A dynamic multiple-indicator multiple-cause (MIMIC) framework was used to estimate the latent variable reputation with price premiums for Washington apples and attributes that covered the period July 1996 to November 1999. A maximum likelihood two-stage approach was employed. For comparison...