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Full-Text Articles in Business
Using @Risk To Forecast Feasibility Of A Strategic Expansion: A Case, Steven Slezak
Using @Risk To Forecast Feasibility Of A Strategic Expansion: A Case, Steven Slezak
Agribusiness
No abstract provided.
The Economic Returns To U.S. Public Agricultural Research, Julian M. Alston, Matthew A. Anderson, Jennifer S. James, Phillip G. Pardey
The Economic Returns To U.S. Public Agricultural Research, Julian M. Alston, Matthew A. Anderson, Jennifer S. James, Phillip G. Pardey
Agribusiness
We use newly constructed state-specific data to explore the implications of common modeling choices for measures of research returns. Our results indicate that state-to-state spillover effects are important, that the research and development lag is longer than many studies have allowed, and that misspecification can give rise to significant biases. Across states, the average of the own-state benefit-cost ratios is 21:1, or 32:1 when the spillover benefits to other states are included. These ratios correspond to real internal rates of return of 9 or 10 per annum, much smaller than those typically reported in the literature, partly because we have …
Future Market Trends In Western Agriculture: Strategic Implications, Steven Slezak
Future Market Trends In Western Agriculture: Strategic Implications, Steven Slezak
Agribusiness
No abstract provided.
It’S All About Produce: Flexing The Muscles Of Western U.S. Organic Spinach Consumption, Christiane Schroeter, Xiaowei Cai
It’S All About Produce: Flexing The Muscles Of Western U.S. Organic Spinach Consumption, Christiane Schroeter, Xiaowei Cai
Agribusiness
Over the past few decades, consumers have become more concerned about health and nutrition, which is displayed by an increased demand for organic foods. Once considered a niche product, organic food has become more affordable for consumers through its availability in conventional supermarkets. In 2010, organic food and beverages showed a 7.7% increase in annual sales compared to 2009 sales, with the highest growth rate of 11.8 % in organic produce (Organic Trade Association (OTA), 2011).
Using System Dynamics Modelling Approach To Develop Management Tools For Animal Production With Emphasis On Small Ruminants, L. O. Tedeschi, C. F. Nicholson, E. Rich
Using System Dynamics Modelling Approach To Develop Management Tools For Animal Production With Emphasis On Small Ruminants, L. O. Tedeschi, C. F. Nicholson, E. Rich
Agribusiness
Small ruminants are important assets in several regions of the world. They account for more than half of the domesticated ruminants. Despite the growth in goat production in the world (more than 2% per year), research related to goat production is less than desired. One underused but potentially valuable approach for research on small ruminants is simulation modelling. Models of the components of small ruminant systems can enhance the financial returns and reduce negative environmental impacts. These models can be used to assess many dimensions of small ruminant production, from rumen dynamics to economic policies designed to support small ruminant …
Attributes Affecting Preferences For Traffic Safety Camera Programs, Lindsey M. Higgins, W. Douglass Shaw, Aklesso Egbendewe-Mondzozo
Attributes Affecting Preferences For Traffic Safety Camera Programs, Lindsey M. Higgins, W. Douglass Shaw, Aklesso Egbendewe-Mondzozo
Agribusiness
With just a few notable exceptions, research supports the concept that red light cameras (RLCs) improve safety. However, many communities that have implemented RLC programs have faced a firestorm of public opinion associated with the use of RLCS, with many communities having to remove the cameras. What makes or breaks a red light camera program? Because of the experimental design process, stated choice is recognized as a tool that can resemble a laboratory experiment for the public policy arena. In this research, a stated choice model was developed and used to explore public preferences for a RLC program through an …
The Costs Of Increased Localization For A Multiple-Product Food Supply Chain: Dairy In The United States, Charles F. Nicholson, Miguel I. Gomez, Oliver H. Gao
The Costs Of Increased Localization For A Multiple-Product Food Supply Chain: Dairy In The United States, Charles F. Nicholson, Miguel I. Gomez, Oliver H. Gao
Agribusiness
There is increased interest in greater localization of food supply chains but little evidence about the effects of localization on supply-chain costs. Assessing these effects is complex in multiple-product, multi-process supply chains such as the dairy industry. In this study, we develop a spatially-disaggregated transshipment model for the US dairy sector that minimizes total supply-chain costs, including assembly, processing, interplant transportation and final product distribution. We employ the cost-minimizing solution as benchmark to compare alternative scenarios of increased supply chain localization. Our results indicate: (1) short-run limits to increased localization, (2) modest impacts on overall supply-chain costs, and (3) large …
Factors That Influence Prices For Cool-Climate Wines: A Hedonic Analysis Of The Market For Riesling, Christiane Schroeter, Jennifer L. Ritchie, Bradley J. Rickard
Factors That Influence Prices For Cool-Climate Wines: A Hedonic Analysis Of The Market For Riesling, Christiane Schroeter, Jennifer L. Ritchie, Bradley J. Rickard
Agribusiness
The price of wine represents various characteristics that differentiate each bottle, assuming that the majority of consumers use price as a signal of quality. The objective of this study is to analyze the drivers of Riesling prices, since this varietal continues to gain popularity and can be grown in all climates, including cool-climate regions. We expand the use of quality ratings by including interaction terms to express wine-quality and price-quality relationships. The results suggest that higher price premiums are associated with wines that earned high expert rating scores, and this emphasizes the importance of market-perceived quality signals.
What Is Strategy?, Steven Slezak
When Do Fat Taxes Increase Consumer Welfare?, Jayson L. Lusk, Christiane Schroeter
When Do Fat Taxes Increase Consumer Welfare?, Jayson L. Lusk, Christiane Schroeter
Agribusiness
Previous analyses of fat taxes have generally worked within an empirical framework in which it is difficult to determine whether consumers benefit from the policy. This note outlines on simple means to determine whether consumers benefit from a fat tax by comparing the ratio of expenditures on the taxed good to the weight effect of the tax against the individual’s willingness to pay for a one-pound weight reduction. Our empirical calculations suggest that an individual would have to be willing to pay about $1500 to reduce weight by one pound for a tax on sugary beverages to be welfare enhancing. …
Application Of A Simulation Model For Assessing Integration Of Smallholder Shifting Cultivation And Sheep Production In Yucatán, Mexico, David Parsons, Charles Nicholson, Robert W. Blake, Quirine M. Ketterings, Luis Ramírez-Aviles, Jerome H. Cherney, Danny G. Fox
Application Of A Simulation Model For Assessing Integration Of Smallholder Shifting Cultivation And Sheep Production In Yucatán, Mexico, David Parsons, Charles Nicholson, Robert W. Blake, Quirine M. Ketterings, Luis Ramírez-Aviles, Jerome H. Cherney, Danny G. Fox
Agribusiness
Simulation models are effective tools to examine interactions between livestock, cropping systems, households, and natural resources. Our study objective was to use an integrated livestock and crop model to assess the outcomes from selected suites of management decisions observed in smallholder sheep-cropping systems of Yucatán, Mexico. The scenarios contrasted specialized systems versus mixed farming, and evaluated the outcomes of increased crop-livestock integration. Mixed enterprise scenarios involving sheep provided more income than specialized enterprises, and capitalized on a lower price of on-farm maize grain, efficient utilization of surplus labor, and availability of common land. Labor and management income was greatest for …
Development And Evaluation Of An Integrated Simulation Model For Assessing Smallholder Crop-Livestock Production In Yucatán, Mexico, David Parsons, Charles F. Nicholson, Robert W. Blake, Quirine M. Ketterings, Luis Ramírez-Aviles, Danny G. Fox, Luis O. Tedeschi, Jerome H. Cherney
Development And Evaluation Of An Integrated Simulation Model For Assessing Smallholder Crop-Livestock Production In Yucatán, Mexico, David Parsons, Charles F. Nicholson, Robert W. Blake, Quirine M. Ketterings, Luis Ramírez-Aviles, Danny G. Fox, Luis O. Tedeschi, Jerome H. Cherney
Agribusiness
Mixed farming systems constitute a large proportion of agricultural production in the tropics, and provide multiple benefits for the world’s poor. However, our understanding of the functioning of these systems is limited. Modeling offers the best approach to quantify outcomes from many interacting causal variables in these systems. The objective of this study was to develop an integrated crop–livestock model to assess biophysical and economic consequences of farming practices exhibited in sheep systems of Yucatán state, Mexico. A Vensim™ dynamic stock-flow feedback model was developed to integrate scientific and practical knowledge of management, flock dynamics, sheep production, partitioning of nutrients, …