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2001

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Articles 1 - 30 of 107

Full-Text Articles in Agricultural and Resource Economics

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 2001, Central Bank Of Nigeria Dec 2001

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 2001, Central Bank Of Nigeria

CBN Annual Report

The Report, as in the past, reviews the operations of the Central Bank of Nigeria in its efforts at discharging its mandate for the fiscal year 2001. The major objectives of monetary policy for 2001 were outlined in the Bank's Monetary Policy Circular No. 35, which aimed to maintain internal and external balance, contribute to sustainable output growth and poverty reduction, and focus on the banking system, rate, rate regime, viability, and stability. Key policy targets included growth in broad money, narrow money, aggregate bank credit, growth in bank credit to the government, private sector, inflation rate, and GDP growth. …

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The Center For Agri-Food Industrial Organization & Policy: Scholarly Economic Research For A Changing Agri-Food Industry, Azzeddine Azzam Dec 2001

The Center For Agri-Food Industrial Organization & Policy: Scholarly Economic Research For A Changing Agri-Food Industry, Azzeddine Azzam

Cornhusker Economics

The Department of Agricultural Economics at the University of Nebraska-Lincoln is now the home of the Center of Agri-Food Industrial Organization & Policy. Founded in June 2001, the Center pools the research expertise of 5 scholars from the Department of Agricultural Economics and the Department of Economics to address in a timely and scientific manner agri-food industrial organization & policy issues of vital interest to the agricultural economy of the State of Nebraska, to disseminate research results to the public, and to train students and interested citizens in the economics of the food supply chain that links input suppliers, farmers, …

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Volatile Times And Volatile Prices, Matthew A. Diersen Dec 2001

Volatile Times And Volatile Prices, Matthew A. Diersen

Economics Commentator

No abstract provided.

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Volatile Times And Volatile Prices, Matthew A. Diersen Dec 2001

Volatile Times And Volatile Prices, Matthew A. Diersen

Economics Commentator

No abstract provided.

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Nebraska’S Rural Population: Is The Glass Half Empty Or Half Full?, Sam Cordes, Randolph L. Cantrell Dec 2001

Nebraska’S Rural Population: Is The Glass Half Empty Or Half Full?, Sam Cordes, Randolph L. Cantrell

Cornhusker Economics

Those interested and concerned about rural Nebraska often focus on population data. In recent months, the media have been very active in focusing on this issue, largely because of the release of the 2000 U. S. Census numbers. For the most part, media reports and analysis have painted a fairly bleak picture of what happened in rural Nebraska during the decade of the 1990s. In this short article we summarize how the recent Census data can be used to paint such a bleak picture and refer to this as “the glass is half empty” story. We then provide an alternative …

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Factors Affecting Consumer Valuation Of Environmentally Labeled Forest Products, Kelly Ann O'Brien Dec 2001

Factors Affecting Consumer Valuation Of Environmentally Labeled Forest Products, Kelly Ann O'Brien

Electronic Theses and Dissertations

The recognition and acknowledgement of how personal purchasing decisions affect the environment may increase the desire to buy products advertised as "environmentally-friendly." Effective and credible advertising and marketing of products deemed ecologically sound, as well as, the specific environmental qualities embodied by such products presumably weighs on the effectiveness of environmentally conscious shopping. To that end, consumers are unable to fully utilize purchase power as a means of protecting the environment if they are unaware that such options exist. The public's apparent willingness to use its purchasing power as a means to protect the environment provides an opportunity for manufacturers …

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Nonmarket Valuation And Land Use: Two Essays, Robert W. Paterson Dec 2001

Nonmarket Valuation And Land Use: Two Essays, Robert W. Paterson

Electronic Theses and Dissertations

The research presented here consists of two essays that describe applications of non-market valuation techniques to current land use issues. The individual studies were designed to address important methodological and policy issues, respectively. In the first essay, Geographic Information System (GIs) data are used to develop variables representing the physical extent and visibility of surrounding land use/cover features in a hedonic model of a rural/suburban housing market. Three equations are estimated to determine if views affect property prices, and, further, if omission of visibility variables leads to omitted variable bias. Results indicate that the visibility measures are important determinants of …

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Community Options For Wellhead Protection Areas, J. David Aiken Nov 2001

Community Options For Wellhead Protection Areas, J. David Aiken

Cornhusker Economics

The Wellhead Protection Area Act (WHPA Act) was adopted in 1998. The WHPA Act authorizes public water suppliers (primarily cities and villages) to designate wellhead protection areas (WHPAs) to protect community water supplies from pollution.

Under the Nebraska Safe Drinking Water Quality Act, the quality of water provided by public water supply systems is regulated by the Nebraska Department of Health & Human Services. If a community’s water violates drinking water standards, the community can operate only under NDHHS administrative order until the violations are corrected. Nitrate is Nebraska’s most widespread groundwater contaminant. If a community’s water exceeds the 10 …

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Biotechnology -- An Application Of The 'Precautionary Principle', Thomas L. Dobbs Nov 2001

Biotechnology -- An Application Of The 'Precautionary Principle', Thomas L. Dobbs

Economics Commentator

No abstract provided.

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Biotechnology -- An Application Of The 'Precautionary Principle', Thomas L. Dobbs Nov 2001

Biotechnology -- An Application Of The 'Precautionary Principle', Thomas L. Dobbs

Economics Commentator

No abstract provided.

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The Impact Of Publicly Funded Research On The Structure Of U.S. Agriculture, Jeffrey S. Royer Nov 2001

The Impact Of Publicly Funded Research On The Structure Of U.S. Agriculture, Jeffrey S. Royer

Cornhusker Economics

In recent years, there has been a substantial increase in the concentration of agricultural production in the United States as the number of farming and ranching operations has declined and the average size of those operations has grown. This increased concentration has been accompanied by increased coordination of production and marketing activities through contracting, consolidation and vertical integration. Although independent family farms and ranches have been responsible for most of the nation’s agricultural production historically, small and medium-sized operations are finding it difficult to compete in today’s increasingly industrialized food and agricultural sector.

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How Is Your Information System?, Roger Selley Nov 2001

How Is Your Information System?, Roger Selley

Cornhusker Economics

As the current year ends it is again time to assess the past year, evaluate the health of the business and begin making decisions for the next year. If there are some records you need but haven’t started, the next best thing is to start now. After you satisfy the IRS and your creditors, what is the next priority in your record keeping? One place to start in identifying record keeping priorities is to list the decisions you want to support and the data needed. Another would be to list your goals and the data needed to monitor progress towards …

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Evaporation Estimates For Irrigated Agriculture In California, Charles M. Burt, Daniel J. Howes, Andrew Mutziger Nov 2001

Evaporation Estimates For Irrigated Agriculture In California, Charles M. Burt, Daniel J. Howes, Andrew Mutziger

BioResource and Agricultural Engineering

All California irrigation districts that receive either federal or state water are now required to prepare Water Conservation Plans. For the first time in the history of most districts, they are developing an elementary water balance. The term "elementary" should be emphasized, because there are significant weaknesses in our knowledge of subsurface flows and some components of Evapotranspiration (ET). Irrigation districts generally use published "typical" values of ET for their water balance computations.

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Beggar-Thy-Neighbor Advertising: Theory And Application To Generic Commodity Promotion Programs, Jennifer S. James, Julian M. Alston, John W. Freebairn Nov 2001

Beggar-Thy-Neighbor Advertising: Theory And Application To Generic Commodity Promotion Programs, Jennifer S. James, Julian M. Alston, John W. Freebairn

Agribusiness

Profits from generic advertising by a producer group often come partly at the expense of producers of closely related commodities. The resulting tendency toward excessive advertising is exacerbated by check-off funding. To analyze this beggar-thy-neighbor behavior we compare a scenario where different producer groups cooperate and choose their advertising expenditures jointly to maximize the sum of profits across the groups, and a scenario where they optimize independently. In an illustrative example using 1998 data for U.S. beef and pork, the noncooperatively chosen expenditure on beef and pork advertising is more than three times the cooperative optimum.

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China's Wheat Production Projections And Implications For Imports, Bashir Qasmi, Yunqing Wang, Scott Fausti, Han Kim Nov 2001

China's Wheat Production Projections And Implications For Imports, Bashir Qasmi, Yunqing Wang, Scott Fausti, Han Kim

Economics Staff Paper Series

Wheat production in China is analyzed using a seven-region model and data for 1978-1997. The empirical results indicate; 1) the area planted to wheat in China is responsive to the real wheat procurement price, 2) contrary to prior expectations, the growth in GNP, a proxy for industrialization and urbanization, did not seem to impact the wheat area significantly, 3) wheat yield showed a significant upward trend in all regions over time, depicting combined impacts of increased chemical fertilizer use, expansion of irrigated areas, increased investment, and other technological improvements, and 4) Chinese wheat production is projected to range from 132.33 …

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Conservation More Important Than Ever In Farm Bill, Roy Frederick Oct 2001

Conservation More Important Than Ever In Farm Bill, Roy Frederick

Cornhusker Economics

When a new farm bill is signed into law, conservation provisions are likely to vie with commodity supports for top billing. After more than twenty such laws, this may be a first. Soil conservation has been a part of farm bills since passage of the Soil Conservation and Domestic Allotment Act of 1936. However, not until passage of the Food Security Act of 1985 were wetlands, water quality, wildlife habitat and other natural resource issues addressed. Each subsequent farm bill has added one or more new conservation initiatives. The new legislation almost certainly will continue that pattern.

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September 11th And Agricultural Trade, H. Douglas Jose Oct 2001

September 11th And Agricultural Trade, H. Douglas Jose

Cornhusker Economics

September 11th caused us to think about our place in the world community, the freedoms we take for granted and the lifestyle we have enjoyed, particularly in the buoyant economic times in the post World War II period. But we may not have brought the impact on agriculture into our reflections of the September 11th events, and how we interact in this world community.

Trade is essential to the U.S. agricultural sector, with earnings from U.S. exports accounting for 20 to 30 percent of total farm income. The productivity of U.S. agriculture has grown faster than our domestic demand, requiring …

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Intellectual Property Rights For Agricultural Biotechnology: Piracy And Its Ramifications For U.S. Agriculture, Konstantinos Giannakas Oct 2001

Intellectual Property Rights For Agricultural Biotechnology: Piracy And Its Ramifications For U.S. Agriculture, Konstantinos Giannakas

Cornhusker Economics

Parallel revolutions in molecular biology and the legal framework that assigns intellectual property rights (IPRs) to plant genetic resources have resulted in the emergence of agricultural biotechnology and the introduction of genetically modified (GM) products into the food system. IPRs create economic incentives for research and development by making the innovator the residual claimant of the benefits associated with the new technology.

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Biotechnology -- Some Implications Of Its Use In Agriculture, Evert Van Der Sluis Oct 2001

Biotechnology -- Some Implications Of Its Use In Agriculture, Evert Van Der Sluis

Economics Commentator

No abstract provided.

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Biotechnology -- Some Implications Of Its Use In Agriculture, Evert Van Der Sluis Oct 2001

Biotechnology -- Some Implications Of Its Use In Agriculture, Evert Van Der Sluis

Economics Commentator

No abstract provided.

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Cash - Where It Comes From, Where It Goes, Larry L. Bitney Oct 2001

Cash - Where It Comes From, Where It Goes, Larry L. Bitney

Cornhusker Economics

The Statement of Cash Flows is an important financial statement for the farm or ranch business manager. While an accrual income statement explains the difference in net worth from one balance sheet to the next, the statement of cash flows explains the difference in cash and cash equivalents from one balance sheet to the next.

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Selected Economic Implications And Policy Aspects Of Agricultural Biotechnology, Evert Van Der Sluis, Matthew Diersen, Thomas Dobbs Oct 2001

Selected Economic Implications And Policy Aspects Of Agricultural Biotechnology, Evert Van Der Sluis, Matthew Diersen, Thomas Dobbs

Economics Staff Paper Series

The paper provides an overview of the types of economic costs, benefits, and risks involved with agricultural biotechnology at the farm level, at the market level, and for the farm and food system as a whole. Both advantages and disadvantages of agricultural biotechnology are discussed. Among the drivers of the US domestic and international consumer demand for transgenic crop products discussed in the paper are environmental and food safety concerns. A comparison is made between a 'science-based' regulatory framework and a policy based on the precautionary principle. The authors argue that open dialogue is needed for achieving improved public understanding …

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Focus Fall 2001 Oct 2001

Focus Fall 2001

FOCUS: Economic Issues for Nebraskans

Contents:
Retailing trends and household buying patterns by Bruce B. Johnson and John C. Allen
Are there opportunities to enter production agriculture today? by David J. Goeller
Carbon sequestration by Glenn A. Helmers
Food system evolution: A forerunner to change in production agriculture? by A.L. (Roy) Frederick
Getting dirty down on the farm by J. David Aiken
The use of experimental auction markets to study consumer demand by Wendy J. Umberger, Dillon M. Feuz, Chris R. Calkins and Karen M. Killinger
Focus on teaching
Focus on research
Focus on outreach
Focus on people

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Transgenic Crops And The Environment: Missing Markets And Public Roles, David E. Ervin, Sandra S. Batie Oct 2001

Transgenic Crops And The Environment: Missing Markets And Public Roles, David E. Ervin, Sandra S. Batie

Economics Faculty Publications and Presentations

The rapidity of change has left scant opportunity for investigation of the consequences of adoption of transgenic crops on long-term ecosystem or economic system functioning. Economic theory suggests that, if the "Biotechnology Revolution" is left to market forces alone, there will be neglected public goods. Theory and limited empirical evidence suggests that there are significant incentives for private firms to discount and neglect certain environmental impacts and to develop products that meet mainly the needs of those able and willing to pay. Negative distributional impacts on rural societies and economies will not normally enter the private calculus nor will the …

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Women In Agriculture Conference 2001, Deb Rood Sep 2001

Women In Agriculture Conference 2001, Deb Rood

Cornhusker Economics

Each year, the conference Women in Agriculture: The Critical Difference brings together women who are involved in production agriculture and agribusiness. The conference is designed to provide women information about the management of their agricultural business. This year the conference was held on September 13 - 14 at the Kearney Holiday Inn. The conference had over 400 ag women in attendence from Nebraska, Kansas, Colorado, Iowa and Australia. A delegation of fourteen Australian ag women and men came to learn about Nebraska agriculture. The members arrived in Omaha on September 9th and spent three days touring around Schuyler and attending …

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Dry Edible Bean Production Costs In Nebraska And By Region, Paul Burgener, Dillon Feuz Sep 2001

Dry Edible Bean Production Costs In Nebraska And By Region, Paul Burgener, Dillon Feuz

Cornhusker Economics

The Nebraska dry edible bean industry has an extended history of production and processing in the North Platte River Valley. In the time that dry beans have been produced in the area, the region has developed a reputation for producing a consistently high quality product for both the domestic and export marketplace. Nebraska has historically been the market leader in Great Northern bean production with more than 85 percent of this market class being produced here. With the interest in dry bean production increasing throughout North America, it is an opportune time to evaluate cost of production by geographic region, …

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An Empirical Investigation In To The Factors Influencing The Economic Incentive To Retain Ownership Of Weaned Steer Calves, Scott Fausti, Brad Johnson, William Epperson, Nancy Grathwohl Sep 2001

An Empirical Investigation In To The Factors Influencing The Economic Incentive To Retain Ownership Of Weaned Steer Calves, Scott Fausti, Brad Johnson, William Epperson, Nancy Grathwohl

Economics Staff Paper Series

Marketing and production data collected from weaned calves (628 head) in a university sponsored retained ownership demonstration program are analyzed to identify factors affecting the annualized rate of return when retaining ownership versus selling the calves at weaning. Data were collected on the following characteristics associated with the calves: 1) ranch-of-origin production management practices; 2) feedlot performance; 3) carcass merit; 4) health history; and 5) market prices. Retained ownership until slaughter was more profitable, on average, when compared to selling calves at weaning. The calculated annualized rate of return to retained ownership versus selling calves at weaning averaged 11.5% per …

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Successful Farm Business Transitions, David J. Goeller Sep 2001

Successful Farm Business Transitions, David J. Goeller

Cornhusker Economics

Nebraska farmers and ranchers are growing older. The trend continues. Who will farm the land and operate the farm/ranch business in generations to come? The answer to these questions in part will depend on how successful we are at transferring farm and ranch businesses to the next generation.

Successful farm business transitions do not occur without planning and effort. Sure, the assets will be owned by someone upon the death of the farmer/rancher, but the farm business will not continue unless planning and decision making have occurred.

The steps that have produced successful transitions in the past have typically not …

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Daily Labor Requirements Under Initiative 300, J. David Aiken Sep 2001

Daily Labor Requirements Under Initiative 300, J. David Aiken

Cornhusker Economics

Article 8 §12 of the Nebraska Constitution (Initiative 300) establishes several requirements that corporations must meet in order to legally qualify as family farm or ranch corporations. Under one provision, a majority of the family farm or ranch corporation’s shareholders must be family members, “at least one of whom is a person residing on or actively engaged in the day to day labor and management of the farm or ranch.” In Hall v Progress Pig Inc., 259 Neb 407 (2000) the Nebraska Supreme Court ruled that where no family member resides on the farm or ranch, a family member …

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Technological Choice: California Wild Rice Processing Under Uncertain Demand, Jay E. Noel, James J. Ahern, Jess Errecarte, Kyle Schroeder Sep 2001

Technological Choice: California Wild Rice Processing Under Uncertain Demand, Jay E. Noel, James J. Ahern, Jess Errecarte, Kyle Schroeder

Agribusiness

This study is concerned with technological choice under uncertain demand conditions. It begins with an overview of the California wild rice market. The wild rice product is described, the wild rice industry is review and wild rice market conditions are explored. The overview is followed by a discussion of wild rice processing. Technological choice and competitive strategy issues are reviewed and then a framework for choosing between two competing technologies is proposed. The two competing technologies differ in their ability to store and process wild rice over a marketing year. The traditional technologies requires almost immediate processing of the harvested …

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