Agricultural Economics Commons^™

Application Of Choice-Based Conjoint Analysis To Determine Consumers' Preferences And Willingness To Pay For Grass Fed Beef In The United States, Franklin Fernando Vaca Moran

LSU Doctoral Dissertations

U.S. consumption of beef has declined during the last three decades. Consumer preferences have shifted toward products that are considered healthy, environmentally friendly and obtained through sustainable production methods. Because of the characteristics of grass-fed beef production, consumers are becoming more interested in grass-fed beef products than conventional beef products. A choice-based experiment was used to assess consumer’s preferences for grass-fed beef. A national online survey was conducted in May 2012 and the information from 4000 respondents was collected from the entire U.S. The respondents were divided in two groups of similar size: grass-fed beef eaters, comprised by the respondents …

Three Essays On U.S. Meat Goat Production: Goal Structure, Selection Of Breeding Stock, And Meat Goat Marketing, Narayan Prasad Nyaupane

LSU Doctoral Dissertations

This study investigates three major areas of U.S. meat goat production – goal structure, selection of breeding stock, and marketing, by using survey data received from U.S. meat goat producers. Of 1,600 producers surveyed, 584 usable responses were obtained with an adjusted response rate of 43%. The fuzzy pair-wise comparison method was used to determine producer goal structure. The results showed that profit maximization and leisure-related goals were highly considered goals and controlling weeds/vegetation and increasing farm size were the least considered goals by U.S. meat goat producers. A choice-based conjoint study was conducted to identify producer preferences for meat …

Empirical And Simulation Essays On Analyzing A Country's Export Performance : The Case Of Ghana, Aude L. Pujula

LSU Doctoral Dissertations

A large array of literature has revealed the complexity of export performance analysis. Using the case of Ghana, this dissertation, divided into three essays, seeks to provide the methodological guidance, empirical and simulation evidence necessary to analyze a country’s export performance. The choice of Ghana was motivated by the country’s growth experience, strong export and agricultural sectors and implemented reforms and programs since 1983. In the first essay, we created a new trade-weighted Cedi index or real effective exchange rate (REER) that takes into account Ghana’s most relevant patterns of trade and captures the evolution of Ghana’s export price competitiveness …

The Effects Of U.S. Shrimp Imports On The Gulf Of Mexico Dockside Price : A Source Differentiated Mixed Demand Model, Maryam Tabarestani

LSU Doctoral Dissertations

The ever increasing demand for the shrimp products in the 1980s and 1990s caused the volume of shrimp imports to increase. The import of shrimp has had an upward trend, from 847 million pounds in 1997 to 1,636 million pounds in 2010.The imports price has declined since 1997. Along with the decrease in imports price, the U.S. domestic shrimp price has also declined. However, the annual production of shrimp from the Gulf of Mexico has, in the long-run, remained relatively stable. These facts indicate that there is not the same quantity-price relation between the U.S. domestic shrimp market and shrimp …

Quality Of Care: Analyzing The Relationship Between Hospital Quality Score And Total Hospital Costs, Jordan Andrew Newell

LSU Master's Theses

As healthcare costs and premiums have increased in the recent past, hospitals are forced to try to provide healthcare on tight budgets. In many cases, quality is often sacrificed in an effort to manage patient wait-times and costs. This research attempted to add to the existing body of knowledge of quality of care by defining a relationship between quality of care provided and total hospital costs. This study used the 2006 American Hospital Association’s Annual Survey Database and the 2006 Hospital Compare dataset to meet the data requirements for the study. A log-log, as well as a translog, cost function …

A Linear Programming Model And Partial Budget Analysis To Optimize Management Strategies Of Western Flower Thrips In Greenhouse Impatiens Production, Xiaohua Yue

LSU Master's Theses

The research problem of this thesis was to compare strategies and costs of protecting impatiens in greenhouse culture from western flower thrips that would provide a plant of acceptable quality to the market and would address the issue of development of resistance to commonly used pesticides by evaluating biopesticides. Partial budgets based on alternative strategies were identified. Six control strategies were identified from a combination of commercial growers, research experts and biopesticide recommendations from product distributors. The research-recommended strategy 6 had the highest total production cost ($197.44), while one of the grower strategies based on conventional pesticides had the lowest …

An Analysis Of Consumer Preferences For Grass-Fed Versus Grain-Fed Beef, Bo Lin

LSU Master's Theses

As a consequence of the growing concerns about human health and the environment, consumers are becoming more interested in grass-fed beef than conventional grain-fed beef. Therefore, the study of consumers’ preference towards grass-fed versus grain-fed beef steak is the focus of research. In this paper, 2,000 respondents who indicate they have eaten grass fed beef in the past years and 2,000 respondents that complete a nationally representative sample is the general population. Conjoint analysis is utilized to analyze the preference of consumers. Participants are presented ten hypothetical beef steaks to rate. All steaks are identical excluding their product type, source …

Consumer's Preferences For Goat Meat In The United States : An Application Of Choice-Based Conjoint Analysis, Jessica Irene Hill

LSU Doctoral Dissertations

The meat goat industry is one of the fastest growing agricultural sectors in the United States. However, there has been limited research on consumers’ preferences for goat meat; therefore, a choice experiment was used to assess consumer preferences for goat meat and/or live goats. A national online survey was conducted from April 27, 2012 to May 4, 2012. Respondents were asked to complete either the goat meat choice experiment, live goat choice experiment or both. In addition to the choice experiment, respondents answered a set of questions about goat meat consumption and purchasing behavior as well as demographics. The attributes …

Assessing The Efficiency Of Alternative Best Management Practices To Reduce Nonpoint Source Pollution In The Broiler Production Region Of Louisiana, Bryan Gottshall

LSU Master's Theses

The Louisiana broiler production region is located in North Central and Northwestern Louisiana. The region consists of twelve parishes in Northwestern and North Central Louisiana. The broiler production region is a significant contributor of nonpoint source (NPS) pollution to nearby waterways. This pollution is a consequence of sediment, nitrogen and phosphorus runoff caused by agricultural production. NPS pollution is difficult to mitigate due to uncertainties in its point of origin as well as a host of other factors ranging from rainfall to topographical parameters. Best Management Practices (BMPS) have been shown to be a reliable method for reducing nonpoint source …

Environmental Kuznets Curve In Water Pollution: A Semiparametric Approach, Mahesh Pandit

LSU Doctoral Dissertations

The relationship between pollution and per capita income generally appears as an inverted U-shaped curve. This inverted U-shaped curve is known as the environmental Kuznets curve (EKC). The shape of the curve, however, is very sensitive to the data, location and pollutant considered in the analysis. Since the early 1990s, there has been an exponential growth in the number of empirical studies in this field, but many refute the inverted U-shaped nature of the curve for pollutants across different time periods and geographical regions. This has generated an increased interest in developing a more flexible functional form for model specification …

Factors Influencing Price Volatility On Soybeans Futures Prices, Diego J. Gavilanez Hernandez

LSU Master's Theses

Recent unexpected changes (mid-2007- Aug 2011) in agricultural commodity markets have led stakeholders to ask if the volatility of futures prices currently observed are still the result of traditional fundamentals. Consequently, the purpose of this research was to identify those factors that affect monthly soybeans futures price volatility. To accomplish this study, four relevant factors are explored. First, the integration between energy and agricultural markets is accounted for via oil spot prices, as well as a dummy variable to account for the shift in the U.S renewable fuel policy since 2007. Second, the increasing consumption of commodities from China is …

Marketing Channels And Internet Technology Used By Specialty Crop Farmers, Sandamali Kanaththa Kankanamge

LSU Master's Theses

An online survey was used to collect data on specialty crop farms in 2010 in Louisiana. The objectives included evaluation of familiarity with the Louisiana Food MarketMaker website and the All about Blueberries website, about marketing channels used, and the adoption of electronic and Internet based technologies to assist with marketing of differentiated products. Variables included use and effectiveness of marketing channels, level of use and quality of internet service, use of Internet-based functions and applications, barriers to internet use, frequency of use and usefulness of social media and smart phones, effectiveness of and familiarity with MarketMaker and All about …

The Economic Feasibility Of Utilizing Energy Cane In The Cellulosic Production Of Ethanol, Kayla Lynn Brown

LSU Master's Theses

With an overall lack of economic information available on energy cane production, the aim of this research has been to provide some insight on the economic feasibility of producing energy cane in Louisiana as a feedstock for cellulosic ethanol production. When dealing with a non-traditional crop such as energy cane, increased uncertainty surrounding potential costs and returns can make the crop seem much less appealing to potential producers. As a high-fiber hybrid of traditionally produced sugarcane, energy cane production costs have been estimated using a standard enterprise budgeting approach developed for sugarcane, along with actual yield and fiber data from …

Three Essays On The Efficiency Of Rural Hospitals In The United States, Iustin Cristian Nedelea

LSU Doctoral Dissertations

The Critical Access Hospital (CAH) Program was created in response to the dramatic deterioration of financial conditions and the potential threat of closure of small rural hospitals under the Prospective Payment System (PPS). CAHs receive cost-based reimbursement for services provided to Medicare patients in exchange for accepting a number of restrictions. The PPS, which pays a fixed price per case, provides an incentive for hospitals to reduce costs and increase efficiency. In the first essay, I examine the impact of conversion to CAH status on hospital efficiency. The estimated results show that CAHs are less cost and allocatively efficient than …

Examining The Relationship Between The Exchange Rate, Foreign Direct Investment And Trade, Shanta Parajuli

LSU Doctoral Dissertations

Extensive research has been carried out on the relationships among foreign direct investment (FDI), exports, the exchange rate, and economic growth. However, these research findings are mixed and inconclusive. Therefore, further research and discussion are needed on this topic. This study focused on Mexico, since it is one of the major FDI recipient countries in Latin America and much of its trade is a result of its free trade agreements. This study examines the relationship between FDI, exports, and economic growth in the context of FDI from developed to developing countries (Mexico). The second chapter analyzes the relationship of FDI …

Three Essays On Modeling Economic And Fiscal Change For Communities Under Disequilibrium Following Natural Disasters, Arun Adhikari

LSU Doctoral Dissertations

Regional economists and policy makers are interested in forecasting economic changes that are likely to take place at local and state levels after exogenous shocks to an economy; that is, create disequilibrium conditions in terms of supply and demand. Impacts of such shocks could be observed at the level of employment, unemployment, commuting patterns, assessed property values, property and sales taxes and local level of expenditures in several categories. The objective of the first essay was to model the employment change decompositions of different effects in two major industries using a shift share analysis technique in context of Louisiana parishes …

Three Essays On Technology Adoption And The Roles Of Off-Farm Labor, Human Capital, And Risk In Contemporary Us Agriculture, Hiroki Uematsu

LSU Doctoral Dissertations

Agriculture can be defined as the domestication and farming of plant and animal species to produce food and fiber products. Our society is fundamentally dependent on agriculture as it is the primary source of nutrients essential to human activities. Historically, the introduction of agriculture and technological development thereafter drastically changed the way human civilization has evolved into what it is today. New technologies allow farmers to produce more outputs with fewer inputs. Saved resources from agricultural production, such as land, labor and time, were used elsewhere to produce other goods and services that enrich the quality of our life. The …

Economic Assessment Of Rapid Land-Building Technologies For Coastal Restoration, Hua Wang

LSU Master's Theses

In the wake of recent hurricanes, coastal managers in Louisiana have begun integrating infrastructure protection and habitat restoration. Concurrent with this change, emphasis has been placed on marsh creation (MC) techniques that rely on mechanical dredges and sediment conveyance pipelines to rapidly build new land. The costs and benefits of this approach are increasingly compared to more natural and slower methods using fresh water diversions (FWD), yet such comparisons are not typically inclusive of time and risk considerations. Data for more than 300 coastal wetland restoration projects were evaluated for the statistical development of generic acreage trajectories and restoration cost …

Commuting Patterns And Labor Markets: A New Regional Classification For Louisiana, Deepa Acharya

LSU Master's Theses

Regional classification and labor market study form an important part of any regional development efforts. Successful formation and implementation of developmental policies for a region requires a sound knowledge of the labor market situation and socioeconomic background of the region, which in turn leads ultimately to regional welfare. We find literature in the area of regional classification to be very inadequate. This study classifies Louisiana using a clustering approach in two different ways. First of all, Ward’s method has been used to classify Louisiana into labor markets based on two-way commuting flow between the parishes. Eight geographical clusters are formed …

Economic And Attitudinal Perspectives Of The Recreational For-Hire Fishing Industry In The U.S. Gulf Of Mexico, Michelle Savolainen

LSU Master's Theses

Socioeconomic and policy information is important to fisheries management in order to assess potential social and economic impacts of proposed fishing regulations. Previous surveys which collect this type of data for the recreational for-hire (RFH) fishing industry in the U.S. Gulf of Mexico were conducted in 1987 and 1997. The third Gulf-wide survey was conducted in 2010 to update the socioeconomic and policy data available on the RFH industry. More specifically, the survey collected captain, vessel, and trip characteristics, firm and trip financial data, targeted species, and opinions on policy issues and hurricane impacts. State license information indicated that 3,315 …

Three Essays On The Labor Allocation Decisions Of The Modern Farm Family, Jeremy Michael D'Antoni

LSU Doctoral Dissertations

The goal of this dissertation is to address the role of government payments in the allocation of off-farm labor through three essays. Government payments have been a part of agriculture since 1933 and at no time has the government stated a policy objective of decreasing the agricultural labor force. Using time series data and new econometric techniques, the first essay finds agricultural policy may have an unintended impact on labor migration. Specifically, we find that government payments increased labor migration from the farm. From 1939 to 2007, increased direct government payments resulted in greater migration of labor from agriculture. The …

Exchange Rate Volatility And Bilateral Agricultural Trade Flows: The Case Of The United States And Oecd Countries, Kashi Ram Kafle

LSU Master's Theses

The abandonment of fixed exchange rate systems has caused exchange rate movements to become a major concern for traders, policy makers and researchers. During the previous four decades of floating exchange rates, numerous studies have been conducted to determine whether exchange rate volatility affected international trade flows. Researchers have not yet reached a general consensus as to the magnitude and direction of the impact of exchange rate volatility on trade flows. This study documents the effect of exchange rate volatility and real exchange rates on bilateral agricultural exports, imports and total trade flows between the United States and OECD countries. …

Economics Of U.S. Government Debt Accumulation, Carlos Ignacio Garcia Jimenez

LSU Doctoral Dissertations

The United States of America is an indebted nation in the early years of the new millennium, changing from $469 billion in 1973 to $14 trillion in 2010, as spending is justified on the basis that it promotes GDP growth which in turn increases societal benefits. Despite the benefits of debt, its effectiveness and the transmission mechanisms of fiscal policy are still on debate. Consequently, the economic effects of U.S. government debt accumulation are studied in three empirical research articles.

The dissertation is composed of five chapters. The first chapter is an introduction wherein the problem statement, the purpose, objectives …

The Economics Of Processing Ethanol At Louisiana Sugar Mills: A Three Part Economic Analysis Of Feedstocks, Risk, Business Strategies, And Uncertainty, Paul Michael Darby

LSU Doctoral Dissertations

The development of an efficient processing infrastructure is critical for the budding cellulosic ethanol industry. Developing a diverse feedstock portfolio is one crucial part of this process which can lead towards economically feasible cellulosic ethanol production. Cellulosic ethanol production requires the production and transportation of large quantities of biomass. Sugarcane and other dense grasses offer a compelling path towards a successful biomass supply chain. The Louisiana sugar belt already has an infrastructure adapted to the task of biomass supply, and taking advantage of this is one key way that a cellulosic ethanol plant can benefit from the region’s endowment. Additionally, …

Do The Poor Pay More For Healthy Food? An Empirical Economic Analysis, Patrick Lee Hatzenbuehler

LSU Master's Theses

The economic question this study seeks to answer is why healthier food products are less expensive in some stores than in others and in some neighborhoods than others. The analysis builds upon the precedent of past retail food pricing studies that have been conducted in Southeastern Louisiana and in other parts of the country, by further examining disparities of retail food costs across store formats and neighborhoods with different demographic compositions. It utilizes a comparison of a general market basket of food items used in past studies and a "representative" market basket that is regionally specific to Southeastern Louisiana to …

Understanding The Economic Factors That Impact The Financial Health Of Local Governments, John David Barreca

LSU Master's Theses

The state of Louisiana has been hit by several severe hurricanes in recent years, and these disaster events have placed a financial burden on parish budgets. As such, local governments have been compelled to bear various cleanup and recovery costs in the short and long term. Therefore, this research sought to evaluate the factors that drive the variation in the financial health of local governments in Louisiana. This research made two contributions. The first contribution sought to develop a comprehensive measure of economic activity at the county level, and the second contribution used econometric methods to estimate the effect of …

An Economic Analysis Of The Costs Of Alternative Sugarcane Fallow Weed Control Programs, José Rodolfo Mite Cáceres

LSU Master's Theses

Economic research was conducted to present estimates of costs per acre associated with fallow sugarcane weed control programs for Louisiana in 2010. The 2010 projected costs are associated with the various phases of sugarcane fallow using different machinery, implements, and weed control practices followed by most growers in the main sugarcane production area of Louisiana. For bermudagrass and johnsongrass weed control treatments, the herbicides applied were Roundup Original Max at 46 oz/A, generic glyphosate at 64 oz/A, DuPont K4 60DG, Trifluralin 4EC at 4 qt/A, and EPTC at 3.5 pt/A. Purple nutsedge weed control treatments included Roundup Original Max at …

Three Essays On The Role Of Amenities As An Economic Development Strategy, Junpyo Hong

LSU Doctoral Dissertations

It is well known that an amenity is a key driving engine to regional economic growth. However, the site-specific nature of an amenity can characterize them as public goods. Due to this characteristic, local governments have difficulty optimally supplying amenities. This dissertation tries to find relationships between an amenity and economic growth. Three empirical papers comprise the original research in this dissertation. The findings of the meta-analysis in the first essay suggest little methodological diversity exists among researchers linking amenities to economic growth., I do find that employment growth is more likely related to man-made amenities even in research on …

Stochastic Trends In Crop Yield Density Estimation, David I. Maradiaga

LSU Master's Theses

The search for improved methods of estimating crop yield density functions has been a theme of recurrent research interest in agricultural economics. Crop yield density functions are the statistical instrument that generates probability estimates of yield risk, and risk is an important decision variable in production agriculture. Recent research in crop yield density estimation suggests that yield probability estimates can be sensitive to the way yield data are filtered, and if true, then the search for an “adequate filter” is warranted. Such a quest is pursued in this study. It is proposed that unit-root tests can be used to identify …

Adoption Of Breeding Technologies In The U.S. Dairy Industry And Their Influences On Farm Profitability, Aditya Raj Khanal

LSU Master's Theses

Current trends in the U. S. dairy industry show an increase in milk cows per farm and milk production per cow, though the total number of milk cows in the industry is declining. This increase in productivity is attributed to advancements and adoption of modern dairy technologies. Breeding technologies are one of the important components of this structural change. This study analyzed the factors affecting the adoption of modern breeding technologies such as artificial insemination, embryo transplants, and sexed semen, and the impact of these technologies on farm productivity and profitability. Results of a bivariate probit model with selection showed …