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Leadership Development in Agricultural Economics: Challenges for Academic Units

Boland, Michael A. - In: Journal of Agricultural and Resource Economics 34 (2009) 3

Crafting and executing strategy are key tasks to be carried out by a manager of an enterprise. Unit leaders are managers of an academic enterprise called a department. The objective of this paper is to provide an overview of information collected from interviews with unit leaders of departments...

Persistent link: https://www.econbiz.de/10008519124

Target Markets for Grain and Cotton Marketing Consultants and Market Information Systems

Vergara, Oscar; Coble, Keith H.; Hudson, Darren; … - In: Journal of Agricultural and Resource Economics 30 (2005) 01

of producer demand for marketing information and consultants is proposed that decomposes price received into exogenous … marketing consultants substitute for expenditures on market information systems. …

Persistent link: https://www.econbiz.de/10005805486

Marketing Contracts, Overconfidence, and Timing in the Canadian Wheat Market

Mattos, Fabio; Fryza, Stefanie A. - In: Journal of Agricultural and Resource Economics 37 (2012) 3

This paper investigates factors that impact marketing performance in the Canadian wheat market. Using data provided by … marketing contracts offered by the CWB, earlier pricing tended to generate better performance, there was a negative relationship … between activeness and performance (suggesting overconfidence in marketing skills), and performance was generally worse in …

Persistent link: https://www.econbiz.de/10010881534

A Benefit-Function Approach to Studying Market Power: An Application to the U.S. Yogurt Market

Hovhannisyan, Vardges; Bozic, Marin - In: Journal of Agricultural and Resource Economics 38 (2013) 2

This article provides a structural framework for studying the market performance of various food industries. It revisits the benefit-function approach to modeling demand and extends its application to the empirical industrial-organization literature. We illustrate the empirical value of our...

Persistent link: https://www.econbiz.de/10010881535

The Value of USDA Crop Progress and Condition Information: Reactions of Corn and Soybean Futures Markets

Lehecka, Georg V. - In: Journal of Agricultural and Resource Economics 39 (2014) 1

This paper investigates the informational value of USDA crop progress and condition information by analyzing reactions of corn and soybean futures markets from 1986 to 2012. Results show significant differences between close-to-open return variabilities on report-release trading days and pre-...

Persistent link: https://www.econbiz.de/10010918078

Does Agritourism Enhance Farm Profitability?

Schilling, Brian J.; Attavanich, Witsanu; Jin, Yanhong - In: Journal of Agricultural and Resource Economics 39 (2014) 1

The impacts of agritourism on farm profitability are poorly understood. Using Census of Agriculture records, we employ propensity score matching to estimate the effects of agritourism on the net cash income per acre of New Jersey farms. We find that agritourism has statistically significant and...

Persistent link: https://www.econbiz.de/10010918080

Reducing Self-Selection Bias in Feeder Cattle Premium Estimates Using Matched Sampling

Williams, Brian R.; DeVuyst, Eric A.; Peel, Derrell S.; … - In: Journal of Agricultural and Resource Economics 39 (2014) 1

Past value-added research employs hedonic pricing models to estimate premiums associated with value-added feeder cattle characteristics. However, hedonic pricing models require restrictive assumptions and impose a functional form. Producers also self-select into a treatment group, potentially...

Persistent link: https://www.econbiz.de/10010918085

Measuring the Benefits to Advertising under Monopolistic Competition

Boland, Michael A.; Crespi, John M.; Silva, Jena; Xia, Tian - In: Journal of Agricultural and Resource Economics 37 (2012) 1

This paper determines the benefits and costs of firm-level advertising in a monopolistically competitive industry. The model is useful in an environment in which firm-level costs may be absent or imprecise. The empirical example uses data on the advertising for a new line of prune snacks by...

Persistent link: https://www.econbiz.de/10010918091

THE ROBUSTNESS OF SINGLE INDEX MODELS IN CROP MARKETS: A MULTIPLE INDEX MODEL TEST: REPLY

Blank, Steven C. - In: Journal of Agricultural and Resource Economics 18 (1993) 01

Persistent link: https://www.econbiz.de/10005220681

INFORMATION IMPACTS AND DETERMINANTS OF INFORMATION SELECTION: AN EXPERIMENTAL APPROACH

Ruppel, Fred J.; Fuller, Stephen W. - In: Journal of Agricultural and Resource Economics 17 (1992) 01

Laboratory experimentation was used to assess the impacts of information disclosure in imperfect markets. A dual oligopoly market structure was designed with contract information disclosed to subjects under three treatments: no, partial, and full disclosure. Regression analysis revealed some...

Persistent link: https://www.econbiz.de/10005330372