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This study examines the dynamic relationships among farm real estate values, farm returns, farm program payments, and real interest rates in an income capitalization model. Endogeneity is assumed among the variables in a dynamic framework because the direction of causality is unclear from a...
Persistent link: https://www.econbiz.de/10008543650
This study analyzes public perceptions of food safety using a national survey conducted in November 2006, soon after the September 2006 nationwide spinach recall. We explore relationships between peoples’ perceived risks of food contamination (spinach in this case) and their trust in the...
Persistent link: https://www.econbiz.de/10008543702
The objective of this study is twofold: first, to determine if, in the long run, health concerns affect the retail demand for beef in the United States via changes in consumer dietary preferences, and second, to establish if media coverage of popular diets (media frenzy) causes the change in...
Persistent link: https://www.econbiz.de/10008519347
Food prices surged in the United States and around the world between 2006 and 2008. Global increases have been attributed to income growth in the developing world, diversion of farm products from food to industrial usage, speculation in commodity markets, and energy price increases. Although...
Persistent link: https://www.econbiz.de/10008522618
Trade creation in agricultural products is defined as a statistically significant positive break in the trend function of the growth in exports and imports between member countries. The present study attempts to determine the time of any break in the trend of real exports and imports between the...
Persistent link: https://www.econbiz.de/10005140299
Persistent link: https://www.econbiz.de/10005148179
Exports are becoming increasingly important for US livestock and poultry producers. Consequently, meat industry participants are concerned about the potential impacts of variations in relative currency values. These effects are considered by quantifying the impacts of relative exchange rates on...
Persistent link: https://www.econbiz.de/10005157420
Persistent link: https://www.econbiz.de/10005289258
This article examines the notion of farm size inequality expressed as sales inequality in the United States. The farm size index (FSI) is developed as a measure of farm size inequality. FSIs are calculated for the farming sector in all 50 states and large variation in farm size across the states...
Persistent link: https://www.econbiz.de/10005290839
Dominant factors in determining real money holdings in Poland, Hungary, and Slovenia during a transition period characterized by high inflation are analyzed. Two hypotheses are tested. Cagan's model suggests that inflation-adjusted money balances are influenced almost exclusively by inflationary...
Persistent link: https://www.econbiz.de/10005261201