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Agroindustrialization Through Institutional Innovation: Transactions Costs, Cooperatives And Milk-Market Development In The Ethopian Highlands, Garth Holloway, Charles Nicholson, Chris Delgado, Steven Staal, Simeon K. Ehui
Agroindustrialization Through Institutional Innovation: Transactions Costs, Cooperatives And Milk-Market Development In The Ethopian Highlands, Garth Holloway, Charles Nicholson, Chris Delgado, Steven Staal, Simeon K. Ehui
Agribusiness
Some small-holders are able to generate reliable and substantial income flows through small-scale dairy production for the local market; for others, a set of unique transactions costs hinders participation. Cooperative selling institutions are potential catalysts for mitigating these costs, stimulating entry into the market, and precipitating growth in rural communities. Trends in cooperative organization in East-African dairy are evaluated. Empirical work focuses on alternative techniques for effecting participation among a representative sample of periurban milk producers in the Ethiopian highlands. The techniques considered are a modern production practice (cross-bred cow use), a traditional production practice (indigenous-cow use), three intellectual-capital-forming variables …
The Potential For Marketing Pork Products With Embedded Environmental Attributes: Results From An Experimental Study, Sean P. Hurley, James B. Kliebenstein
The Potential For Marketing Pork Products With Embedded Environmental Attributes: Results From An Experimental Study, Sean P. Hurley, James B. Kliebenstein
Agribusiness
Environmental issues such as air and water quality related to livestock production currently receive much attention. Potential methods for environmental improvement range from regulation to market solutions. This study looks at consumer willingness to pay for pork products with embedded environmental attributes. Experimental auctions showed that over one-half of the participants (62%) paid a premium, that did not vary significantly between differing regions of the United States. (JEL Codes Q13, Q25)
The Impacts Of Dairy Cattle Ownership On The Nutritional Status Of Preschool Children In Coastal Kenya, Charles F. Nicholson, Phillip K. Thornton
The Impacts Of Dairy Cattle Ownership On The Nutritional Status Of Preschool Children In Coastal Kenya, Charles F. Nicholson, Phillip K. Thornton
Agribusiness
In many parts of the developing world, the availability of sufficient food—food supplying sufficient daily energy and protein—remains a key challenge for many families, despite substantial increases in total food production in the past two decades. At present there is sufficient food produced to feed everyone in the world, but the available food is neither evenly distributed nor fully consumed. As a result, some 800 million people—200 million children— are food insecure, that is, they lack consistent access to the food required for a healthy and productive life (Pinstrup-Andersen, 1994). The roots of food insecurity and malnutrition are complex, but …
Impacts Of The Northeast Interstate Dairy Compact On New England Milk Supply, Charles F. Nicholson, Budy Resosudarmo, Rick Wackernagel
Impacts Of The Northeast Interstate Dairy Compact On New England Milk Supply, Charles F. Nicholson, Budy Resosudarmo, Rick Wackernagel
Agribusiness
During the first year of the Northeast Interstate Dairy Compact, milk production in the six New England states increased by about 57 million pounds, or about 1.3% of production compared to the 12 months prior to the Compact. Increases in milk production were largest in Connecticut (31 million pounds) and Vermont (21 million pounds), whereas Maine and New Hampshire experienced increases of less than 10 million pounds. Production in Massachusetts and Rhode Island declined by 9 million and 0.4 million pounds, respectively. Because the rate of increase for New England was larger than the US average, the Compact Commission incurred …
Asymmetric Grading Error And Adverse Selection: Lemons In The California Prune Industry, Jennifer S. James, James A. Chalfant, Nathalie Lavoie, Richard J. Sexton
Asymmetric Grading Error And Adverse Selection: Lemons In The California Prune Industry, Jennifer S. James, James A. Chalfant, Nathalie Lavoie, Richard J. Sexton
Agribusiness
Grading systems are often introduced to address the classic adverse selection problem associated with asymmetric information about product quality. However, grades are rarely measured perfectly, and adverse selection outcomes may persist due to grading error. We study the effects of errors in grading, focusing on asymmetric grading errors-namely when low-quality product can erroneously be classified as high quality, but not vice versa. In a conceptual model, we show the effects of asymmetric grading errors on returns to producers. Application to the California prune industry shows that grading errors reduce incentives to produce more valuable, larger prunes.