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Full-Text Articles in Life Sciences

Demand And Risk Management Analysis Of Rainfall Index Insurance, Ashlee Carlson Dec 2017

Demand And Risk Management Analysis Of Rainfall Index Insurance, Ashlee Carlson

Department of Agricultural Economics: Dissertations, Theses, and Student Research

This thesis has two research chapters regarding the government provided Rainfall Index Insurance for Pasture, Rangeland, and Forage (RI-PRF). In the first chapter, we empirically examined whether charity hazard exists between Rainfall Index Insurance (RI-PRF) and government mandated Livestock Forage Program by estimating the demand for RI-PRF. Evidence was found that lagged LFP payments significantly increase the marginal effects of participating in RI-PRF in three of the five states and in the combined model. These results support the opposite of charity hazard where LFP payments improve the probability of purchasing RI-PRF. In our other models, the results provide evidence in …


Econometric Estimation Of Groundwater Depth Change For The High Plains Aquifer, Jonathan R. Sims Nov 2017

Econometric Estimation Of Groundwater Depth Change For The High Plains Aquifer, Jonathan R. Sims

Department of Agricultural Economics: Dissertations, Theses, and Student Research

This article presents a new method for estimating changes in depth to groundwater at a yearly, county level and incorporates these estimates as the dependent variable of econometric models for the High Plains aquifer. The High Plains (Ogallala) aquifer underlies eight states in the central United States and is the primary source of irrigation water for this large food producing region. The stock of groundwater is a finite, non-renewable resource with minimal recharge in most areas. Many fields of study, including hydrology and agricultural economics, are interested in depth to groundwater changes because they serve as a proxy for estimating …


Label Position And Its Impact On Willingness To Pay For Products Containing Genetically Modified Organisms, Ruskin Gautam Aug 2017

Label Position And Its Impact On Willingness To Pay For Products Containing Genetically Modified Organisms, Ruskin Gautam

Department of Agricultural Economics: Dissertations, Theses, and Student Research

Food labels play an important role in communicating information. Labels provide information about production techniques, nutrition and ingredient information, and quality of a product (i.e. federal grade standards for eggs, U.S.D.A. quality grades on beef and pork). These are some of the key product attributes that consumers seek while making purchasing decisions. However, labels can be confusing and misleading and at times consumers simply ignore them. Research on the placement and effectiveness of labels conducted over the past few decades have found that information on the label influences buying habits. Food manufacturers could strategically use or place such attributes of …