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Dynamic Econometric Modeling Of The U.S. Wheat Grain Market, Carlos Walter Robledo Jan 2002

Dynamic Econometric Modeling Of The U.S. Wheat Grain Market, Carlos Walter Robledo

LSU Doctoral Dissertations

Structural-time series models have not gained much ground in commodity market modeling despite the overwhelming popularity of time series approaches in forecasting and dynamic analyses. This dissertation contributes by applying developments in seasonal cointegration and structural-time series analysis (e.g., Zellner and Palm (1974); Hsiao (1997); Lee (1992); Franses and Kunst (1999); Ghysels and Osborn, 2001) to the study of agricultural commodity markets. The focus is on three research themes. The first theme investigates the role of cointegration and seasonal cointegration for market data, an issue considered timely because most applications assume deterministic seasonal components. The second issue breaks new ground …


A Game Theoretic Analysis Of U.S. Rice Exports Under Alternative Japanese And South Korean Policy Scenarios, Dae-Seob Lee Jan 2002

A Game Theoretic Analysis Of U.S. Rice Exports Under Alternative Japanese And South Korean Policy Scenarios, Dae-Seob Lee

LSU Doctoral Dissertations

As a result of the Uruguay Round (UR), the impact on the international rice market is profound. In addition, another round of the WTO trade negotiations has started and the impacts of potential policy changes on rice trade are unknown. The major U.S. benefit of the UR has been the access to the Japanese market. However, the U.S. share of this import market has been unstable and the share of Korean rice market is zero percent. Therefore, this study attempts to analyze the potential implication of U.S. rice exports to Japan and Korea. The Japanese and Korean rice economies as …


Beef Producer Perferences For Various Livestock Revenue Protection Products: A Conjoint Approach, Deacue Fields Iii Jan 2002

Beef Producer Perferences For Various Livestock Revenue Protection Products: A Conjoint Approach, Deacue Fields Iii

LSU Doctoral Dissertations

The federal government has recently approved legislation to develop revenue insurance products that are affordable and user-friendly for livestock producers. The features of the products will be the ultimate determinant of product acceptance among producers. The objective of the study was to determine the relative importance of livestock revenue insurance product attributes as well as to identify the characteristics of beef cattle producers who prefer certain levels of a given product attribute. Conjoint analysis was utilized to determine the importance of selected attributes. Conjoint Designer was used to develop eleven hypothetical insurance products from four attributes with three levels each. …


Adoption Of Best Management Practices In The Louisiana Dairy Industry, Noro C. Rahelizatovo Jan 2002

Adoption Of Best Management Practices In The Louisiana Dairy Industry, Noro C. Rahelizatovo

LSU Doctoral Dissertations

The traditional view of the agricultural community as a good steward of the environment has been challenged by increasing concerns about the complex relationship between agricultural production activities and environmental quality. Agriculture provides a large range of products to satisfy human needs. It has also been singled out as major source of water pollution. Largely improved surface water quality has been assessed in the U.S. since the enactment of the Clean Water Act. However, efforts to reduce water pollution continue, targeting discharges from identifiable sources of water pollution and diffused discharges from nonpoint sources. Agricultural producers are encouraged to voluntarily …


Factors Affecting The Selection Of Business Arrangements By Hog Producers In The United States, Christopher Gazzara Davis Jan 2002

Factors Affecting The Selection Of Business Arrangements By Hog Producers In The United States, Christopher Gazzara Davis

LSU Doctoral Dissertations

The structure of the U.S. hog industry is changing rapidly. U.S. hog farms have become smaller in number, larger in size and more specialized. This study examines the factors that influence the hog producer's choice among business arrangements offered in the U.S. hog industry. A national survey was mailed to 4,986 hog producers to determine these factors. The survey consisted of questions covering topics such as: production characteristics, autonomy, transaction costs, risk, social relationships, and demographics. A response rate of 21% was received from the mailed surveys. Four alternative business arrangements were used: independent production, cooperative farming, flat-fee contract, and …


Multidemensional Goals Of Farmers In The Beef Cattle An Dairy Industries, Aydin Basarir Jan 2002

Multidemensional Goals Of Farmers In The Beef Cattle An Dairy Industries, Aydin Basarir

LSU Doctoral Dissertations

Farm firm decision making processes have long been of concern to agricultural economists. The concept of maximizing utility rather than profit is an important concept in multidimensional goal research. The prevalence of low or negative net returns in Louisiana beef and dairy production leads to the hypothesis that goals other than profit maximization compete strongly in producers' decisions. The objective of this study is to determine the hierarchy of goals that motivate beef and dairy producers and evaluate them in a multi-dimensional framework. Seven goals were evaluated in producer decision making: Maintain and Conserve Land, Maximize Profit, Increase Farm Size, …