Agricultural Economics Commons^™

Assessing Natural Resources Conservation Service (Nrcs) Impacts On Rice And Soybean Efficiency In The Mid-South, Ayodeji Samuel Ayiti

LSU Master's Theses

The study investigates how the Mid-South region of the U.S. rice and irrigated soybean production efficiency is influenced by (NRCS) incentives. To evaluate the effect of crop insurance, subsidies, and conservation incentives on lowering inefficiency, this study used a stochastic frontier model (SFA). The dataset covered the years 2010 – 2023, which allowed for a thorough evaluation of efficiency trends over time. While crop insurance programs reduce inefficiency in rice production, it shockingly increases inefficiency in soybean production, according to the study, which highlights the disparate effects of net support (insurance-subsidy).

The results show that while external factors like changes …

Weather Impacts On Specialty Fruit Wholesale Prices, Oladayo Daniel Oluleye

LSU Master's Theses

This article investigates the relationship between temperature and precipitation variability and wholesale specialty fruit prices in the United States. Using fixed-effects panel regression and a comprehensive dataset of monthly price observations across ten major U.S. wholesale markets (Atlanta, Baltimore, Boston, Chicago, Detroit, Los Angeles, Miami, New York, Philadelphia and San Francisco) from 2000 to 2019, we examine how weather fluctuations affect wholesale market prices for five fruits including apples, avocados, grapes, oranges, and strawberries. Our analysis categorizes temperature into discrete bins representing the number of days per month within specific temperature ranges. The results show that extreme temperatures, particularly above …

A Comparison Of Diploid And Triploid Eastern Oysters For Aquaculture Production Under Extreme Temperatures And Salinities, Joshua H. Kim

LSU Master's Theses

Off-bottom aquaculture of Eastern oysters (Crassostrea virginica) is a nascent industry that is increasingly supported by the use of triploid oysters, which grow faster than diploids. Despite their growth advantage, elevated triploid mortality compared to diploids under high temperature, low salinity, or a combination of these conditions challenge consistent triploid production. Identifying the environmental thresholds at which differential triploid mortality occurs and predicting its economic impact are important to informing decision-making in oyster aquaculture. The goal of this thesis was to compare the biological and economic performance of diploid and triploid oysters under high temperature and low salinity conditions. …

The Impact Of Xenophobia On Agricultural Trade In South Africa, Maxwell Peprah Amponsem

LSU Master's Theses

The growing number of farm attacks and xenophobia is one of the most serious crime issues facing the South African government. This study examines the impact of xenophobia on agricultural trade, using port-level trade data and xenophobia incident records from 2010 to 2023. Utilizing fixed effects Ordinary Least Squares (OLS) specifications, I find a significant negative impact of xenophobia on agricultural exports, while non-agricultural trade remains unaffected. These findings highlight the need for targeted policy interventions to combat xenophobic violence and stabilize the agricultural sector, ensuring the continuity of South Africa's trade and economic growth.

Methods To Manage Survey Error Within Economic Contribution Analysis, Madison Jane Plaisance

LSU Master's Theses

The primary objective of this research was to employ strategical methodological approaches to assess the economic value of specific sub-sectors of the green industry within Louisiana. I specifically focused on addressing errors associated with utilizing survey data as the primary data source in such analyses and utilizing approaches such as post-survey stratification and bootstrapping techniques to mitigate these errors.

To achieve this aim, a group of green industry professionals and I selected sectors for analysis based on horticultural licenses issued by the Louisiana Department of Agriculture and Forestry (LDAF). Through collaboration with advisors from the Louisiana Nursery and Landscape Association …

Farmer's Adaptive Capacity And Adoption Of Strategies To Climate Change Among Mountain Communities In Nepal, Tanvir Hossain

LSU Master's Theses

Climate change presents significant challenges to agriculture worldwide, particularly where farming is central to livelihoods. This phenomenon has been linked to decreasing crop yields due to rising temperatures and reduced rainfall, particularly affecting low-income countries with limited adaptive capabilities. Grasping how farmers perceive climate change is essential for developing effective adaptation strategies to lessen its adverse impacts. This study concentrated on investigating the perceptions and adaptive strategies employed by smallholder farmers in Nepal's Mustang district, utilizing primary data sources. Data from 131 randomly selected households were gathered through structured interviews, while focus group discussions provided qualitative insights into farmers' views …

Extreme Climate Events And Agricultural Commodity Markets, Mohammad Abir Chowdhury Shovon

LSU Master's Theses

This article investigates the impact of extreme climate events on U.S. agricultural commodity markets, specifically focusing on corn and soybeans. Using event study methods and a comprehensive dataset of 254 extreme climate events for corn as well as 250 extreme climate events for soybeans in top ten corn & soybeans producing states of the USA between 1995 and 2023, we examine how storms, floods, extreme temperatures, and droughts affect the abnormal returns of these commodities. Our findings indicate that 22.04% of climate events significantly impact corn returns and 21.20% of climate events have significant impact on soybeans returns. Notably, extreme …

Impact Of Rma’S Projected Price On Prevent Planting Claims, Nicolas Enrique Alvarez Mena

LSU Master's Theses

This research studies the presence of ex-post moral hazard in the prevent planting provision from the crop insurance program in cotton, corn, and soybeans for the Plains Region and Southeast Regions of the U.S. Three fixed effect models are developed using the proportion of prevent plant acres as the dependent variable, as well as weather, input price, expected harvest price and a break-even point for the independent variables. In addition, a fourth fixed effect (FE) model is introduced using the logit transformation and the same variables as in previous models. The results show the number of PP claims has been …

Measuring Agricultural Competitiveness: The Case Of U.S. Rice Exports, Estela Barahona

LSU Master's Theses

The United States is known for being one of the world’s largest rice exporters. Rice from the United States is exported to more than 130 nations and territories on all continents. The world rice market accounts for around 50 percent of the U.S. rice yearly sales volume. Even though the U.S. produces less than 2 percent of global rice, exports are significant to its rice industry. Given the various factors that determine trade (e.g., production, distance, income, and trade agreements), theory suggests that the impact of factors on the U.S. agricultural trade will vary according to commodity and country. There …

The Adoption Of Conservation Practices And Program Participation Among Socially Disadvantaged Agricultural Producers: A Meta-Analysis, Myles A. Brown

LSU Master's Theses

As climate change has become undeniable in recent years, it has become increasingly important for the agriculture industry to address conservation. Within the agriculture industry, small farmers are usually the ones who take on this burden on a daily basis. However, some socially disadvantaged agricultural producers face unique challenges compared to the average farmer, which may impede their ability to adopt the necessary conservation practices or participate in conservation programs. This review sought to provide a definitive economic analysis on the possible effect of race on conservation adoption and program participation, as there is not much research on this topic. …

Variability In Rice Returns Using A Representative Farm Approach, Adriana Dimas

LSU Master's Theses

Agriculture is a major contributor to the U.S. economy and vital to the continued availability of a safe and inexpensive food supply. Representative farms are virtual farms that represent the production practices of a specific crop and region. Annually, growers face critical management decisions on what crop enterprise selection and combinations will maximize the net returns. Risk for growers comes from the variation in different factors such as yield, market price, production input costs, among others that are required to produce each enterprise. Nine representative farms were established within Louisiana, Mississippi, and Arkansas to evaluate net return variability among different …

Willingness Of Non-Industrial Private Forest Landowners To Obtain A Private Versus Public Consultation, Erika Largacha

LSU Master's Theses

Promoting conservation practices among family forests landowners play a critical role to enhance forest health and ecosystem services. Several certification programs recognize such efforts, but participation among landowners varies based on their characteristics, program requirements, and incentives. One crucial step of certification is to obtain a forest management plan, but acquisition among landowners remains extremely low. Several studies suggest connecting landowners with foresters as the key element towards the adoption of forest management plans. Because foresters are typically employed by public forestry agencies or as private self-employed consultants, landowners' willingness to work with either may differ. As far as we …

Implementing Four Modeling Improvement Strategies To Measure The Economic Contribution Of The Alligator Farming Industry In Louisiana, Ilich Fernan Rosales Chiessa

LSU Master's Theses

The alligator industry in Louisiana has not had a study in thirty years that has measured its economic contribution. The industry has changed structurally over that period, and it produces more alligator skins but is concentrated in a smaller number of producers. With current threats to the industry through potential bans on alligator sales in states like California, the importance of these studies for the industry are more important now than ever. This study measures the economic contribution of American alligator across the supply chain of the state of Louisiana through four different modeling improvement strategies. These consist of using …

Trouble At Old River: An Economic Evaluation Of An Avulsion On United States Soybean Trade, Patrice Maria Lazard

LSU Master's Theses

The Mississippi River is an essential asset to agricultural trade given that its existence contributes to a cost-efficient transportation system. Barge travel allows large amounts of soybeans and other bulk commodities to be transported at low costs. Currently, barge costs are the lowest relative to those of other modes. Although there has been increasing competition for soybean shares from other countries in the global market, low transportation costs of soybeans, grain, and other oilseed crops allow the United States to retain its competitive advantage in the world soybean market. The Mississippi River’s urgency to change course and possibly eliminate barge …

Evaluation Of Controlled-Release Nitrogen And Potassium Fertilizer In Louisiana Sugarcane Production, Samuel Kwakye

LSU Master's Theses

Sugarcane (Saccharum spp) production is an integral part of Louisiana's economy. Proper fertilizer management, particularly nitrogen (N) and potassium (K), optimizes sugarcane production. An experiment was established in 2015 at the LSU AgCenter Sugar Research Station in St. Gabriel, Louisiana to: (1) assess the effect of N and K fertilizer sources on sugarcane yield and quality parameters, and (2) monitor the changes in inorganic N and K levels in the soil at different sugarcane growth stages. The experiment was arranged in a randomized complete block design on a Sharkey clay soil and complete randomized design on a Commerce …

Dynamic Modelling Of Local Government Wealth When Shocked By Natural Disasters, Alejandra Brevé Ferrari

LSU Master's Theses

Hurricane Katrina struck the Gulf Coast as a Category 3 storm on August 29th of 2005. It is the costliest natural disaster in U.S. history. Communities across the country are increasingly at risk of being affected by natural and environmental disasters. The Public Assistance Grant Program (PA Program) administered by the Federal Emergency Management Agency (FEMA) is available for states and communities that have received a major or emergency disaster declaration. Most of Emergency Management (EM) research has focused on preparedness and mitigation activities; considerably less research has studied post disaster response. Two of the initial and most important aspects …

Preferences And Values For The Gulf Coast Ocean Observing System, Cody Lynn Plummer

LSU Master's Theses

Integrated Ocean Observing Systems (IOOS) provide real time oceanic data and sea state forecasting information that is utilized by numerous public and private sectors engaging in maritime activities. The U.S. Gulf Coast constituent of this system (GCOOS) consists of 321 platforms, buoys, and sensors that provide measurements of wind speed, wave height, water quality, and other parameters. Government entities have proposed an expansion of this infrastructure by 40% at an estimated cost of $35 million for installation and $33 million annually for maintenance. As part of a larger project commissioned to estimate monetized benefits of this expansion, this study applied …

Descriptive Aanalysis Of Agritourism In Louisiana: Motivation. Marketing. Limitations., Denys Maksymov

LSU Master's Theses

This study aims to present information on the existing Louisiana agritourism industry and create a descriptive profile of agritourism operators, addressing specifically what motivates people to engage in agritourism. A subsequent focus of the study is to document marketing approaches used in promoting agritourism operations and concerns and limitations faced by Louisiana agritourism operators. These will be achieved through the following objectives: 1. Use a survey instrument to collect information on the demographics of farmers interested and/or engaged in agritourism, farm characteristics, types of activities offered in the agritourism operations, as well as motivators for engaging in agritourism. 2. Analyze …

An Augmented Gravity Model: Factors That Affect The U.S. Sugar Imports From Western Hemisphere Countries, Katherine Ramirez Hernandez

LSU Master's Theses

This study analyzes the main factors that affect sugar imports to the United States from western hemisphere producing countries. Important variables such as Free Trade Agreements, production capacity levels and the quota imposed by the United States to the imported sugar will be analyzed under the scope of the gravity model. The estimation of the model is carried out using an OLS analysis. The variables used to create a reliable single-commodity gravity model are: sugar production indicators, distances between the involved countries, population, import quotas, and a set of dummy variables such as FTA (Free Trade Agreements) and border, that …

Potential Impacts Of The Tpp On Agricultural Trade In The Asia-Pacific Region Utilizing A Gravity Model Framework, Chloe Michelle Worley

LSU Master's Theses

This study examines the impacts RTAs have had in the Asia-Pacific region regarding agricultural trade flows in order to make a prediction on how the proposed TPP agreement will affect the region. The estimation was carried out using a Gravity Model framework to observe the trade creation and trade diversion effects of five existing RTAs in the Asia-Pacific region. These agreements include NAFTA, AFTA, MERCOSUR, APEC, and CER. It is expected that RTAs were to have a positive effect for trade creation and a negative trade diversion effect. The gravity model included export flows of agricultural commodities (defined as food …

A Review Of The Dominican Cocoa Industry: Determining Advantages And Factors To Improve, Glorianni Viviana Estrella

LSU Master's Theses

Cocoa is one of the commodities with great tradition and consumption around the world. The cocoa industry produces billions of dollars at the global level and contributes significantly to the employment of thousands of people in the countries that have acquired relevant consumption habits as well as in developing countries that produce cocoa. The Dominican Republic has been blessed and belongs to the latter group. It is the top ninth producing country worldwide and the second of the Americas. The DR has been exporting over 50,000 metric tons of cocoa per year for the past twelve years, which is destined …

An Assessment Of The Economic Feasibility Of Establishing A Biofuel Industry In The State Of Louisiana, Alessandro Holzapfel

LSU Master's Theses

As national interests continue to encourage the development of advanced cellulosic biofuels, through legislation, research support and other means, a wide range of alternative agricultural crops are being evaluated in various regions of the country as potential feedstock material for biofuel processing facilities. Previous research has shown that both energy cane and sweet sorghum can be successfully grown in Louisiana. This study evaluated the economic feasibility of utilizing energy cane and sweet sorghum as biofuel feedstock crops. Economic analysis focused on two primary factors: estimation of feedstock cost and optimal location of processing facilities. Five cropping sequences were evaluated in …

Transatlantic Trade And Investment Partnership: Implications To Global Wine Market, Natalia Antosova

LSU Master's Theses

Transatlantic Trade and Investment Partnership was first introduced in 2013, with the goal of liberalization of the trade and investments, better coordination of trade by specific regulations, enhancing intellectual property protection and lifting government’s impediments to trade. This Thesis is concerned on potential implications of the TTIP on the wine industry in the European Union and particular consequences related to EU wine producers. The literature review of this paper is developed with the purpose to bring general knowledge in the matter of the TTIP. In addition, linkages of the TTIP with the political economy are provided in the latter part …

Factors Influencing Sustainable Cocoa Production In Northern Haiti, Wegbert Chery

LSU Master's Theses

Given the environmental concerns on the one hand, especially soil erosion and deforestation, and the hope that the global cocoa market offers on the other hand, cocoa production is a potential candidate to simultaneously guarantee a competitive return to investment for farmers in northern Haiti and mitigate the negative environmental impact of farming practices. It becomes crucial for policy makers and investors to know and understand the key elements of the decision to produce cocoa. Though there has been substantial effort to improve the cocoa sector in Haiti, cocoa production systems in Haiti lag behind in the area of sustainability. …

Evaluation Of The Impact Of Changes In Commodity Income Support Measures Included In The Agricultural Act Of 2014 On Equitable Louisiana Rice Production Rental Arrangements, Abdallahi Ould Abderrahmane

LSU Master's Theses

ABSTRACT This research uses a Simetar simulation technique to evaluate the effect of the adoption of the Price Loss Coverage program included in the 2014 Agricultural Act on Louisiana’s rice equitable rental arrangement choices. Two scenarios are examined: one in which prices of the last three years are detrended and a second one in which they are not detrended. Each scenario includes six rental arrangements (Cash rent, Fixed Price, Fixed Yield, 60/40, 70/30, 80/20) and each rental arrangement has four adjustments (base, price trigger, yield trigger, and price and yield trigger). Three different risk measure analysis were conducted: Mean-Variance, Value …

Remittance And Migration: Impact On Technology Adoption, Natural Resource Conservation, And Household Welfare, Deborah Ann Williams

LSU Master's Theses

Nepal is the perfect country to study all the facets of migration, sustainable agriculture and their subsequent impact on food systems. Droves of migrants are leaving rural Nepal for higher incomes to cover household daily expenses. The Government of Nepal (GON) encourages migration as a means to reduce poverty, and remittance already amounts to 25.83% of GDP, and it is expected to grow (Nepal Bastra Bank 2014, Thieme and Wyss 2005, Yang 2011). However, it is still unclear whether the mass exodus from rural areas and the growing dependence on remittance, the portion of the migrant workers' earnings sent back …

Three Essays On Migration Decision, Migration Destination Choice, And Food Security: Evidence From Chitwan, Nepal, Madhav Regmi

LSU Master's Theses

This thesis research is based on data obtained from the Nepal Ethno Survey of Family, Migration and Development conducted in 396 farming households in the Eastern part of the Chitwan, Nepal. In a three essay thesis format, I explore the factors affecting migration decision and migration destination choices. I then establish a link between remittance and food security status of the surveyed households. In the first essay, I use a probit model to identify household decisions to send or not to send migrants, and identify factors affecting the decision process. I include individual, household and social network characteristics in the …

A Factor Analysis Of The Dimensions Of Economic Damages From Tropical Storms And Hurricanes In Louisiana, James Luke Boutwell

LSU Master's Theses

Coastal communities are highly sensitive to disturbances from tropical storms and hurricanes. This is particularly true in Louisiana and along the U.S. Gulf Coast where economies are largely dependent on tourism and natural resource based industry. Since Hurricane Katrina and, more recently, Hurricane Sandy, there has been an increase in concern for how coastal communities will mitigate and respond to the impacts of coastal storms. These concerns are made more acute by the increasing population concentrated along the coast and the risk of more frequent and more severe coastal storms in the future. A commonly advocated-for method of storm damage …

The Role Of Futures Prices In Pricing Commodity Exports Of Developing Countries, Jorge Jose Handal Reyes

LSU Master's Theses

The purpose of this thesis is to study the empirical linkages between nearby futures prices for coffee at the New York (NY) Intercontinental Exchange (ICE)/NY Board of Trade (NYBOT) and cash prices (producer and export prices) in selected Latin American countries. This theme was entertained in Fortenbery and Zapata (2004) and subsequently by Fortenbery and Zapata (2004) and Li and Fortenbery (2013). This thesis uses data from January 1990 to May 2013 and adds producer cash prices in addition to export prices, thus expanding the dataset by over a decade and adding local market cash prices relative to the first …

Factors Influencing Adoption Of Vsh Queens In The Honey Breeding Industry, Julie Leiby

LSU Master's Theses

There are many threats that contribute to the decline in honey bee colonies around the United States; among them is the Varroa mite, Varroa destructor. The Varroa mite is a significant threat to honey bees and, by extension, beekeepers across the United States. It is suspected to be one of the main contributors to the increase in colony collapse and the decline in bee numbers and the beekeeping industry (Danka, May 2013). Fifty-five percent of beekeepers exited beekeeping between 1987 and 2002 (USDA). Although honey production continued to decrease through 2007, the number of beekeepers entering beekeeping had increased (USDA). …