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Full-Text Articles in Life Sciences

Tb135: The Estimation Of The Returns To Agricultural Research And Extension In Maine: 1951-1985, James D. Leiby, Gregory Adams Jun 1989

Tb135: The Estimation Of The Returns To Agricultural Research And Extension In Maine: 1951-1985, James D. Leiby, Gregory Adams

Technical Bulletins

The purpose of this report is to determine a statistical estimate of the returns to agricultural research at the Maine Agricultural Experiment Station during the period 1950 through 1986. The approach taken here follows most of the recent literature regarding the estimation of returns to agricultural research, by estimating an econometric production function and deriving an internal rate of return on both research and extension expenditures within the state of Maine. This estimate is derived using ridge regression techniques. The approach taken here differs somewhat from much of the returns to research literature in that it focuses on a single …


B823: Transporting Fresh Blueberries From Maine To The Boston Market: A Look At The Economic Alternatives, Antonia L. Hoelper, Michele C. Marra Mar 1989

B823: Transporting Fresh Blueberries From Maine To The Boston Market: A Look At The Economic Alternatives, Antonia L. Hoelper, Michele C. Marra

Bulletins

A study was initiated at the University of Maine to investigate various transportation alternatives available to marketers of fresh blueberries and similar fresh-market enterprises to determine economies of size in shipping. Several methods of economic analysis, including partial budgeting and break-even analysis, were used to assess the feasibility of several transportation alternatives. The alternatives analyzed were (1) contract shipping services, while using various percentages of truck capacity, (2) purchase of a truck and large trailer (20,000 Ibs capacity), and (3) purchase of a truck and smaller trailer (10,000 Ibs capacity).