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Full-Text Articles in Social and Behavioral Sciences

An Analysis Of Risk-Taking Behavior For Public Defined Benefit Pension Plans, Nancy Mohan, Ting Zhang Jul 2016

An Analysis Of Risk-Taking Behavior For Public Defined Benefit Pension Plans, Nancy Mohan, Ting Zhang

Ting Zhang

This paper presents the first comprehensive study on the determinants of public pension fund investment risk and reports several new important findings. Unlike private pension plans, public funds undertake more risk if they are underfunded and have lower investment returns in the previous years, consistent with the risk transfer hypothesis. Furthermore, pension funds in states facing fiscal constraints allocate more assets to equity and have higher betas. There also appears to be a herding effect in that CalPERS equity allocation or beta is mimicked by other pension funds. Finally, our results suggest that government accounting standards strongly affect pension fund …


An Analysis Of Risk-Taking Behavior For Public Defined Benefit Pension Plans, Nancy Mohan, Ting Zhang Jul 2016

An Analysis Of Risk-Taking Behavior For Public Defined Benefit Pension Plans, Nancy Mohan, Ting Zhang

Nancy Mohan

This paper presents the first comprehensive study on the determinants of public pension fund investment risk and reports several new important findings. Unlike private pension plans, public funds undertake more risk if they are underfunded and have lower investment returns in the previous years, consistent with the risk transfer hypothesis. Furthermore, pension funds in states facing fiscal constraints allocate more assets to equity and have higher betas. There also appears to be a herding effect in that CalPERS equity allocation or beta is mimicked by other pension funds. Finally, our results suggest that government accounting standards strongly affect pension fund …


Foreign Investor Protection And Climate Action: A New Price Tag For Urgent Policies, Gus Van Harten Jul 2016

Foreign Investor Protection And Climate Action: A New Price Tag For Urgent Policies, Gus Van Harten

Gus Van Harten

From a climate perspective, not all investment is equal. Desirable investment in clean energy needs encouragement and protection, while undesirable investment in fossil fuels needs clear policy signals to avoid further investment in destructive activities and stranding more assets. In this paper, evidence is presented on how foreign investor protection provisions in trade and investment agreements tilt the playing field in favor of entrenched incumbents and against urgent action on climate; on the potential for a massive expansion of investor-state litigation and risks to climate policy in proposed trade deals; and on key flaws in recent European Commission proposals to …


Exponential Growth, Animal Welfare, Environmental And Food Safety Impact: The Case Of China’S Livestock Production, Peter J. Li Jul 2016

Exponential Growth, Animal Welfare, Environmental And Food Safety Impact: The Case Of China’S Livestock Production, Peter J. Li

Peter J. Li, PhD

Developmental states are criticized for rapid “industrialization without enlightenment.” In the last 30 years, China’s breathtaking growth has been achieved at a high environmental and food safety cost. This article, utilizing a recent survey of China’s livestock industry, illustrates the initiating role of China’s developmental state in the exponential expansion of the country’s livestock production. The enthusiastic response of the livestock industry to the many state policy incentives has made China the world’s biggest animal farming nation. Shortage of meat and dairy supply is history. Yet, the Chinese government is facing new challenges of no less a threat to political …


China’S Bear Farming And Long-Term Solutions, Peter J. Li Jul 2016

China’S Bear Farming And Long-Term Solutions, Peter J. Li

Peter J. Li, PhD

No abstract provided.


Implications Of Changes (Structural And Market) On Farm Management And Marketing Research, George R. Allen, Lester S. Kellogg, G. Edward Schuh, Vernon W. Pherson, Reynold P. Dahl, Rex F. Daly, Dale E. Hathaway, Neil E. Harl, Earl O. Heady, A. Gordon Ball, Glenn L. Johnson, Dale O. Anderson, Lowell D. Hill, John C. Redman, Robert W. Rudd, B. F. Jones, A. Allen Schmid, Karl A. Fox, George D. Irwin, R. L. Kohls, John E. Lee Jr., Thomas T. Stout Jul 2016

Implications Of Changes (Structural And Market) On Farm Management And Marketing Research, George R. Allen, Lester S. Kellogg, G. Edward Schuh, Vernon W. Pherson, Reynold P. Dahl, Rex F. Daly, Dale E. Hathaway, Neil E. Harl, Earl O. Heady, A. Gordon Ball, Glenn L. Johnson, Dale O. Anderson, Lowell D. Hill, John C. Redman, Robert W. Rudd, B. F. Jones, A. Allen Schmid, Karl A. Fox, George D. Irwin, R. L. Kohls, John E. Lee Jr., Thomas T. Stout

Neil E. Harl

This conference was really an outgrowth of an earlier conference on Structural Changes in Commercial Agriculture (CAED Report 24) held in Chicago, April 12-14, 1965. While the earlier conference emphasized structural changes in the agricultural industry and their implications for education and extension, the 1967 conference focused on research.


Economic Perspectives On Gmo Market Segregation, John A. Miranowski, Giancarlo Moschini, Bruce A. Babcock, Michael Duffy, Robert Wisner, John C. Beghin, Dermot J. Hayes, Sergio H. Lence, C. Phillip Baumel, Neil E. Harl Jul 2016

Economic Perspectives On Gmo Market Segregation, John A. Miranowski, Giancarlo Moschini, Bruce A. Babcock, Michael Duffy, Robert Wisner, John C. Beghin, Dermot J. Hayes, Sergio H. Lence, C. Phillip Baumel, Neil E. Harl

Neil E. Harl

Genetically modified .organisms (GMO) crops have become increasingly popular with Iowa farmers over the past few,years. The current genetic modifications are focused on pest management technologies. Although there were early efforts by environmental activists to disrupt the adoption of GMO technology, few concerns were raised by U.S. food retailers and consumers., The primary concern was getting European Union (EU) regulatory-approval for each GMO crop variety event as late as spring 1999. The situation has changed dramatically in the last few months, and the current situation is highly uncertain. .


Economic Impact And Impacts Of Continuing To Proceed As We Are Now, Neil E. Harl Jul 2016

Economic Impact And Impacts Of Continuing To Proceed As We Are Now, Neil E. Harl

Neil E. Harl

A major concern as we move into the Twenty-first Century is the structure of the agricultural sector. By structure, is meant considerations of size and scale as well as who is to manage, control and finance farming and agribusiness operations.


"Use" Valuation Under The 1976 Tax Reform Act: Problems And Implications, Michael D. Boehlje, Neil E. Harl Jul 2016

"Use" Valuation Under The 1976 Tax Reform Act: Problems And Implications, Michael D. Boehlje, Neil E. Harl

Neil E. Harl

With the rapid rise in farmland*values during recent years, farmers and farm organizations have argued that land values have little relationship to agricultural productivity. The fact that farmers have been the dominant purchasers in the farm real estate market during this period of time would seem to discredit this argument to some degree, but public officials have been sympathetic to the farmers' arguments. Some state legislatures, particularly in areas o f the country where urban expansion has placed upward pressures on land values, have adopted procedures to value farmland based on its agricultural productivity for purposes of assessing property tax.


International Management: Strategic Opportunities And Cultural Challenges, Paul B. Sweeney, Dean B. Mcfarlin Jul 2016

International Management: Strategic Opportunities And Cultural Challenges, Paul B. Sweeney, Dean B. Mcfarlin

Paul B. Sweeney

As the economies of many countries become more interrelated, international managers are facing huge challenges and unique opportunities associated with their roles. Now in its fifth edition, Sweeney and McFarlin's International Management embodies a balanced and integrated approach to the subject, emphasizing the strategic opportunities available to firms on a global playing field, as well as exploring the challenges of managing an international workforce. Integrating theory and practice across all chapter topics, this book helps students to learn, grasp, and apply the underlying principles of successful international management: Understanding the broad context of international business, including the critical trends impacting …


Have Farm Custom Rates Kept Pace With Machinery Costs?, William M. Edwards Jul 2016

Have Farm Custom Rates Kept Pace With Machinery Costs?, William M. Edwards

William Edwards

Average custom rates for eight common farming operations as reported in surveys done in Iowa and Kansas in 1995 were inflated to 2015 values (Iowa) and 2013 values (Kansas) using the Prices Paid indices gathered by the National Agricultural Statistics Service (NASS). The projected rates were generally higher than the average rates reported in surveys completed in the corresponding years, except for planting. Possible explanations for the lag in custom rates include uncertainty about fuel prices, improved fuel efficiency, improved field efficiency, adoption of larger equipment where economies of size exist, and extension of field hours per season


Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards Jul 2016

Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards

William Edwards

The frequent rains that have soaked Iowa this year have left many corn and soybean fields unplanted or with flooded areas. Many producers are wondering what options they have under their multiple peril crop insurance (MPCI) policies. In Iowa, the crop insurance “late planting period” for corn begins on June 1. Corn can still be planted after this date, but the insurance guarantee on those acres is reduced by 1 percent per day until the acres are planted. Corn acres planted after June 25 will receive insurance coverage equal to 60 percent of their original guarantee. Producers should keep accurate …


Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards Jul 2016

Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards

William Edwards

The frequent rains that have soaked Iowa this year have left many corn and soybean fields unplanted or with flooded areas. Many producers are wondering what options they have under their multiple peril crop insurance (MPCI) policies. In Iowa, the crop insurance “late planting period” for corn begins on June 1. Corn can still be planted after this date, but the insurance guarantee on those acres is reduced by 1 percent per day until the acres are planted. Corn acres planted after June 25 will receive insurance coverage equal to 60 percent of their original guarantee. Producers should keep accurate …


Flood Damaged Crops, Crop Insurance Payments And Lease Contracts, William M. Edwards Jul 2016

Flood Damaged Crops, Crop Insurance Payments And Lease Contracts, William M. Edwards

William Edwards

Some Iowa corn and soybean producers are facing substantial if not complete crop losses due to flooding. In particular, many acres of crops in the Missouri River Valley have been under water for a month or more this year. Fortunately, nearly 90 percent of Iowa’s corn and soybean acres are protected by multiple peril crop insurance.


Farmland Rental Rates Show Continued Strength In 2012, William M. Edwards, Ann M. Johanns Jul 2016

Farmland Rental Rates Show Continued Strength In 2012, William M. Edwards, Ann M. Johanns

William Edwards

Anyone who is involved with the rental market for Iowa farmland knows that rental rates have been pushed significantly higher by the favorable corn and soybean prices that farmers have enjoyed since 2010. This trend continued in 2012.


Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards Jul 2016

Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards

William Edwards

The frequent rains that have soaked Iowa this year have left many corn and soybean fields unplanted or with flooded areas. Many producers are wondering what options they have under their multiple peril crop insurance (MPCI) policies. In Iowa, the crop insurance “late planting period” for corn begins on June 1. Corn can still be planted after this date, but the insurance guarantee on those acres is reduced by 1 percent per day until the acres are planted. Corn acres planted after June 25 will receive insurance coverage equal to 60 percent of their original guarantee. Producers should keep accurate …


Machinery Sharing Manual For Fruit And Vegetable Producers, Georgeanne M. Artz, Linda L. Naeve, William M. Edwards Jul 2016

Machinery Sharing Manual For Fruit And Vegetable Producers, Georgeanne M. Artz, Linda L. Naeve, William M. Edwards

William Edwards

This manual discusses operational and organizational issues related to sharing farm machinery for fruit and vegetable production. It includes five real-life case studies of growers who shared equipment, sample sharing agreements and worksheets for allocating costs fairly. This manual highlights various options for sharing, identifies potential problems associated with sharing resources, and explains the strategies for resolving them.


Insurance Coverage For Drought-Damaged Crops, William M. Edwards Jul 2016

Insurance Coverage For Drought-Damaged Crops, William M. Edwards

William Edwards

Nearly 90 percent of the corn and soybean acres in Iowa are covered by multiple peril crop insurance. Drought damage is an insurable loss under these policies. Producers should consult with their crop insurance agents before harvesting or destroying any drought-damaged crops, however.


Important Crop Insurance Dates, William M. Edwards Jul 2016

Important Crop Insurance Dates, William M. Edwards

William Edwards

Even the best crop insurance plan is of little use if the right information is not collected and submitted on time. Likewise, if certain actions are not completed by the necessary date, producers may not receive full benefit from the risk protection that they have selected.


Farmland Rental Rates Show Continued Strength In 2012, William M. Edwards, Ann M. Johanns Jul 2016

Farmland Rental Rates Show Continued Strength In 2012, William M. Edwards, Ann M. Johanns

William Edwards

Anyone who is involved with the rental market for Iowa farmland knows that rental rates have been pushed significantly higher by the favorable corn and soybean prices that farmers have enjoyed since 2010. This trend continued in 2012.


Farmland Rental Rates Show Continued Strength In 2012, William M. Edwards, Ann M. Johanns Jul 2016

Farmland Rental Rates Show Continued Strength In 2012, William M. Edwards, Ann M. Johanns

William Edwards

Anyone who is involved with the rental market for Iowa farmland knows that rental rates have been pushed significantly higher by the favorable corn and soybean prices that farmers have enjoyed since 2010. This trend continued in 2012.


Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards Jul 2016

Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards

William Edwards

The frequent rains that have soaked Iowa this year have left many corn and soybean fields unplanted or with flooded areas. Many producers are wondering what options they have under their multiple peril crop insurance (MPCI) policies. In Iowa, the crop insurance “late planting period” for corn begins on June 1. Corn can still be planted after this date, but the insurance guarantee on those acres is reduced by 1 percent per day until the acres are planted. Corn acres planted after June 25 will receive insurance coverage equal to 60 percent of their original guarantee. Producers should keep accurate …


Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards Jul 2016

Delayed Planting, Prevented Planting And Replanting Crop Insurance Coverage, Steven D. Johnson, William M. Edwards

William Edwards

The frequent rains that have soaked Iowa this year have left many corn and soybean fields unplanted or with flooded areas. Many producers are wondering what options they have under their multiple peril crop insurance (MPCI) policies. In Iowa, the crop insurance “late planting period” for corn begins on June 1. Corn can still be planted after this date, but the insurance guarantee on those acres is reduced by 1 percent per day until the acres are planted. Corn acres planted after June 25 will receive insurance coverage equal to 60 percent of their original guarantee. Producers should keep accurate …


Insurance Coverage For Drought-Damaged Crops, William M. Edwards Jul 2016

Insurance Coverage For Drought-Damaged Crops, William M. Edwards

William Edwards

Nearly 90 percent of the corn and soybean acres in Iowa are covered by multiple peril crop insurance. Drought damage is an insurable loss under these policies. Producers should consult with their crop insurance agents before harvesting or destroying any drought-damaged crops, however.


Machinery Sharing Manual For Fruit And Vegetable Producers, Georgeanne M. Artz, Linda L. Naeve, William M. Edwards Jul 2016

Machinery Sharing Manual For Fruit And Vegetable Producers, Georgeanne M. Artz, Linda L. Naeve, William M. Edwards

William Edwards

This manual discusses operational and organizational issues related to sharing farm machinery for fruit and vegetable production. It includes five real-life case studies of growers who shared equipment, sample sharing agreements and worksheets for allocating costs fairly. This manual highlights various options for sharing, identifies potential problems associated with sharing resources, and explains the strategies for resolving them.


Flood Damaged Crops, Crop Insurance Payments And Lease Contracts, William M. Edwards Jul 2016

Flood Damaged Crops, Crop Insurance Payments And Lease Contracts, William M. Edwards

William Edwards

Some Iowa corn and soybean producers are facing substantial if not complete crop losses due to flooding. In particular, many acres of crops in the Missouri River Valley have been under water for a month or more this year. Fortunately, nearly 90 percent of Iowa’s corn and soybean acres are protected by multiple peril crop insurance.


Important Crop Insurance Dates, William M. Edwards Jul 2016

Important Crop Insurance Dates, William M. Edwards

William Edwards

Even the best crop insurance plan is of little use if the right information is not collected and submitted on time. Likewise, if certain actions are not completed by the necessary date, producers may not receive full benefit from the risk protection that they have selected.


Early Planted Acres May Lose Replant Insurance, William M. Edwards Jul 2016

Early Planted Acres May Lose Replant Insurance, William M. Edwards

William Edwards

Unusually warm and dry weather has allowed crop producers to start spring field work earlier than can be remembered by most people. Getting an early start on tillage and planting reduces the risk of getting behind schedule later if an extended period of rainy weather occurs, but it also has its risks. The Risk Management Agency (USDA) has some specific rules about early planted crops with regard to crop insurance coverage. For each insurable crop RMA has set an “early planting date.” The earliest planting dates allowed for counties in the state of Iowa are April 11 for corn and …


Machinery Sharing Manual For Fruit And Vegetable Producers, Georgeanne M. Artz, Linda L. Naeve, William M. Edwards Jul 2016

Machinery Sharing Manual For Fruit And Vegetable Producers, Georgeanne M. Artz, Linda L. Naeve, William M. Edwards

William Edwards

This manual discusses operational and organizational issues related to sharing farm machinery for fruit and vegetable production. It includes five real-life case studies of growers who shared equipment, sample sharing agreements and worksheets for allocating costs fairly. This manual highlights various options for sharing, identifies potential problems associated with sharing resources, and explains the strategies for resolving them.


Insurance Coverage For Drought-Damaged Crops, William M. Edwards Jul 2016

Insurance Coverage For Drought-Damaged Crops, William M. Edwards

William Edwards

Nearly 90 percent of the corn and soybean acres in Iowa are covered by multiple peril crop insurance. Drought damage is an insurable loss under these policies. Producers should consult with their crop insurance agents before harvesting or destroying any drought-damaged crops, however.