Agricultural Economics Commons^™

Economic Feasibility Of Aquaponics In Arkansas, Leah Ashley English

Graduate Theses and Dissertations

Concerns regarding population growth and resource scarcity have led to a recent renaissance of food production research. Over the past few decades, scientists have discovered new and innovative methods for growing food that, cumulatively, may hold the key to efficiently and sustainably feeding an ever-increasing world population. One method, known as aquaponics, has shown promise as being a sustainable solution for producing food locally in all parts of the world. Although many studies have shown aquaponic food production to be technically feasible, there are relatively few studies concerning the economic feasibility of aquaponics in various regions. To determine whether aquaponics …

Evaluating The Impacts Of Respondent Errors In Arms: A Case Of Farm Service Agency Loans, Louise Nicole Mcminn

Graduate Theses and Dissertations

Many studies have used the U.S. Department of Agriculture’s (USDA) Agricultural Resource Management Survey (ARMS) to research various aspects involving the agricultural sector in the United States. Since nonresponse and inaccurate reporting may cause significant bias in statistical analysis, research was conducted to determine the magnitude of response error on the farm debt section of the ARMS Phase III. A multinomial logit model identified demographic, structural, and financial characteristics of FSA Farm Loan Program (FLP) borrowers who refused to indicate if they had end of year farm debt, or who accurately or inaccurately classified their farm operations as having end …

A Regional Approach To Analysis Of Food Security Framework And Policies Of The Economic Community Of West African States (Ecowas), Hannah Elizabeth Shear

Graduate Theses and Dissertations

Food security is always a concern for consumers, but especially for those in West Africa, where the population of food insecure people has continued to grow over the past decade despite attempts by initiatives such as the World Food Program and the establishment of Millennium Development Goals. The people of West Africa are subject to repetitive natural disasters and are often in political upheaval. Many economic policies have been established to mitigate the impact that production disasters have on the consumers; one of these policies is the utilization of regional food reserves.

In 2010, the Economic Community of West African …

Modifying A Cow-Calf Biophysical Simulation Model For Analyses Of Alternative Enterprises, Jennifer L. Lutes

Graduate Theses and Dissertations

Cow-calf producers in the United States, tasked with providing beef calves for the beef industry, have had a multitude of difficulties to overcome in recent years. Producers in northwest Arkansas were negatively impacted by high hay prices coupled with low beef cattle market prices due to severe drought experienced in portions of 2010, 2011, and 2012. During this time they also faced high grain prices, due to a record low harvest, combined with portions of the corn harvest diverted from human and animal feed to ethanol production. Tight lending policies of this time, reminiscent of the housing market crash in …

Identifying Leadership Perceptions Of Desired Competencies Of Agricultural Sales Students And Agricultural Sales Industry Professionals, Sarah Beann Wright

Graduate Theses and Dissertations

The two articles presented in this thesis used both quantitative and qualitative research methods to evaluate competencies among agricultural business students and agricultural sales professionals respectively. In the first study, students enrolled in the Fall 2014 agribusiness sales course at [State] University (n = 97), participated in a pre and post evaluation comprised of leadership assessments to determine the change in introversion and extroversion, task-oriented and relationship-oriented, and finally strength characteristics over the time period of an academic semester. Students presented to be from a variety of leadership backgrounds. Posttest results reported students being both high task (62.89%) and high …

Cost-Benefit Analysis And Potential Spillover Effects Of Farmer Field Schools In Sub-Saharan Africa: The Case Of Cocoa, Francis Tsiboe

Graduate Theses and Dissertations

This thesis consists of two studies analyzing the first phase of the Cocoa Livelihood Program (CLP-I), a current World Cocoa Foundation (WCF) development project, sponsored by the Bill and Melinda Gates Foundation and aimed at improving the livelihood of small scale cocoa producers in Sub-Saharan Africa. The first study uses a difference-in-differences econometric model to estimate yield enhancements attributable to farmer field schools which CLP implements. The results show a 32%, 34%, 50% and 62% increase in cocoa yield for Ghana, Côte d’Ivoire, Nigeria and Cameroon, respectively. These yield enhancements have the potential to increase income by 26%, 29%, 48%, …

Food Waste At Retail, Erin G. Killeen Davis

Graduate Theses and Dissertations

Food waste at retail represents forgone sales and embodies store management and disposal costs. Fresh produce is the largest contributing sector to food waste at retail and bulky, seasonal products are an added challenge when stores experience a high waste event. In order to improve, retailers need to better understand the costs of food waste, as well as how management strategies can impact these costs.

Using pumpkins as an example of bulky, seasonal products, a twofold research project was conducted to better understand contributors to, and costs of food waste at the retail level. In part one, using data from …

Life Cycle Assessment Of Alternative Swine Management Practices, Prathamesh Avadhut Bandekar

Graduate Theses and Dissertations

Life Cycle Assessments (LCAs) are quantitative analyses of complex systems for evaluation of impacts and risk associated with management decisions. LCAs can be effective tools for determining comparative advantages of management strategies across specific impact concern. In this study, life cycle assessments of pork production management alternatives was performed. The alternative management practices included in this study were production of entire males (boars), use of pens for gestation housing, immunocastration, production without growth promoting antimicrobials, production without growth promoting and preventive antimicrobials, and production without ractopamine. These LCAs evaluated the impact of each management strategy on greenhouse gas emission (GHG), …

Ex Ante Analysis Of Price And Trade Effects For The Rice Sector In The Transatlantic Trade And Investment Partnership, William Lawrence Jacobs

Graduate Theses and Dissertations

In 2013, trade negotiations began between the United States and the European Union to create a free trade agreement with the goal of phasing out tariffs for all but the most sensitive products. To aid negotiators in analyzing potential agriculture agreements, the objective of this study is to quantify policy impacts of a potential trade liberalization of rice. This study will also be a useful analysis for various participants in the rice market to make educated business decisions.

This study utilizes the spatial partial equilibrium model RICEFLOW to project the differences in market prices, production volumes, trade volumes, and consumption …

Addressing Genetic Pollution From Pollen Drift On A Heterogeneous Landscape, Mattia Ciro Mancini

Graduate Theses and Dissertations

Genetically modified (GM) crops are crops in which single or multiple genes have been introduced artificially in order to obtain certain characteristics that are difficult to obtain through conventional breeding. Even though farmers have the right to freely choose what types of crops to grow, pollen mediated gene flow from GM crops to non-GM crops can limit the possibility for crops to coexist on a same landscape, resulting in economic losses that depend on the institutional arrangements and the type of property rights in place. Although it is well known that spatial variability affects the degree of cross-contamination between GM …

Uncertainty, Irreversibility, And Investment In Secondgeneration Biofuels, Tanner Joseph Mccarty

Open Access Theses

The present study formalizes and quantifies the importance of uncertainty for investment in a corn-stover based cellulosic biofuel plant. Using a real options model we recover prices of gasoline that would trigger entry into the market and calculate the portion of that entry trigger price required to cover cost and the portion that corresponds to risk premium. We then discuss the effect of managerial flexibility on the entry risk premium and the prices of gasoline that would trigger mothballing, reactivation, and exit. Results show that the risk premium required by plants to enter the second-generation biofuel market is likely to …

Profit-Maximizing Responses To Climate Change In Commodity Agriculture: Does Adaptation Matter?, Sajeev Erangu Purath Mohankumar

Open Access Theses

Accumulation of greenhouse gases in the atmosphere has led to rising temperatures, and is expected to lead to a change in climate. Crop yields are vulnerable to these changes. Adaptation is expected to be key to combating climate change impacts, but the effectiveness of adaptation strategies is not well understood. Hence, there is a need to assess the impacts of climate change on agriculture and devise profitable adaptation strategies to combat its effects. This study uses historical and three projected climate data sets to simulate yields using the crop model Daycent, empirical relationships between weather and agronomic variables that influence …

Producer Perceptions Of Their Use Of Time And Various Areas Of Risk In Their Business, Kendra Marie Hedge

Open Access Theses

Agribusinesses rely on producers choosing their products and services for the success of their business. Agribusinesses can use information regarding how producers rate the importance of certain areas of risk and what takes most of the producers' time to offer specific services to different segments of producers to better meet their needs. An ordered logit model and a multinomial logit model are used to determine factors significant to producers' use of time and importance of various areas of risk. The producers are then segmented into groups based on their risk perceptions. From this research, agribusinesses can recognize that different types …

Quality And Safety Attributes Of Sun-Dried Raisins From Afghanistan, Stacy A. Mccoy

Open Access Theses

Raisins are an important export commodity for Afghanistan, however, Afghan packers are challenged to export to markets seeking high quality products due to limited knowledge regarding their quality and safety. To evaluate this, Afghan raisin samples from pre-, semi-, and post-processed raisins were obtained from a raisin packer in Kabul, Afghanistan. The raisins were analyzed and compared to U.S. standards for processed raisins. The samples tested did not meet U.S. import standards for embedded sand, but the process used to clean the raisins is suitable to maintain food safety standards.

Previous Afghan raisin shipments have been rejected from the U.S. …

Competition Between Private Labels And National Brands: Empirical Evidence From Homescan Data On Fluid Milk Markets, Jeffrey S. Young

Open Access Theses

The purpose of this study is to empirically examine the nature of the pricing relationship between private labels (or "store brands") and national brands. To accomplish this, we control for the exogenous variation in the farm price of a commodity that serves as the main agricultural input common to both private labels and national brands (any shocks to this farm price will pass through to both retail prices - private label and retail). The product of choice is fluid milk, as the farm price of milk comprises a large share of producer and retailer cost.

Two examples of underlying theories …

Market Power Estimation In The Chilean Cattle Market, Rodirgo A. Vasquez Panizza

Open Access Theses

The cattle market in Chile is constituted by cattle slaughtering firms and farmers; the industry demands cattle but also demands beef imports. Based in antecedents of market concentration in this sector, I make a system of equations model based on the NEIO approach to determine market power for the period April 1993 - December 2008. The results show that there is no market power in the aggregated market as well as in the disaggregated market by sex and age type, which is explained because the special features of this market in Chile.

Evolution Of Food Quality Demand In The Food Service Industry In China: The Case Of Duck, Rachel Alison Carnegie

Open Access Theses

Booming economic growth and rising consumer incomes have impacted food preferences and purchasing behavior in China. At the same time, several internationally publicized food safety incidents, particularly in the animal husbandry sector, have heightened awareness of and concern for food safety and quality in meat and dairy. Rising quality demand and safety concerns have been studied at length in the food retail sector, but also appear to be important in the food service industry. This research uses data from a survey of duck restaurant managers and consumers in Beijing, Shanghai, Chengdu, and Guangzhou to determine preferences and willingness to pay …

Two Essays On Large Agricultural Producer Buying Behaviors, Jacqueline K. Holland

Open Access Theses

The trend of consolidation of large farms into high volume operations has continued over the past 30 years. Large farm management is a juggling act of a variety of biological processes, financial management, technology adaptation, and human resource development activities. This research looks to provide insights into the underlying management psychology of those large farmers to serve not only as a benchmark for other producers, but to provide customer information to agribusinesses so these firms can strengthen their relationships with their large farmer customers. The first part of this analysis will use Best-Worst modeling to examine five predetermined success factors …

Field To Flight: A Techno-Economic Analysis Of Stover To Aviation Biofuels Supply Chain, Amanda C. Bittner

Open Access Theses

Greenhouse gas emissions have been a growing concern. The transportation sector contributes to one-third of GHG emissions in the United States from fossil fuel burning. The Renewable Fuel Standard set a requirement for 16 billion gallons (ethanol equivalent) of cellulosic biofuels to be used in the market. Aviation biofuels can help to meet both of these problems as well as improve U.S. energy security.

Investment in the biofuel industry carries a lot of risk. The biofuel industry is run by the private sector, but can be incentivized by government. Cellulosic biofuels carry even more risk than first generation biofuels, because …

Price Impacts Of Increased Peruvian Table Grape Supply, Jacob W. Iest

Open Access Theses

In the last decade, Peru has begun to structure its economy and complete infrastructure projects to promote agricultural export growth. Bolstered by the signing of the Peru Trade Promotion Agreement (PTPA) with the U.S., table grape production has increased significantly since 2006. Peru has a climatic advantage for a quality harvest from November to March, which overlaps the end of the U.S. growing season. With this supply increase expected to continue, U.S. producers and marketers question the effect Peru will have on "late-season" table grape prices in North America.

This thesis is a study of the effects of an increase …

Breakthrough Of Sub-Saharan Africa’S Agricultural Production In The 21st Century: The Role Of Foreign Aid, Jiangyi Qian

Open Access Theses

Sub-Saharan African countries' agricultural production has accelerated in the twenty-first century. This study shows that aggregate African agricultural production exhibits a breakthrough after 2000. More specifically, agricultural production breakthroughs occurred in 24 sub-Saharan African countries after 2000. 15 of them were caused by yield improvement and 8 of them were caused by area expansion. These breakthroughs helped these countries meet their increasing food consumption demands and lower their dependency on agricultural imports. However, we also found these breakthroughs were fragile. In addition to the influences of recent natural disasters and drought, these fertilizer-enabled production accelerations might also have been negatively …

Understanding Childhood Malnutrition In Nepal: A Hierarchical Regression Approach, Timothy M. Smith

Open Access Theses

This thesis investigates the determinants of childhood malnutrition in Nepal, with a particular emphasis on the importance of district characteristics relative to household and child characteristics. Using a new dataset constructed from child and household data from the 2006 and 2011 Nepal Demographic and Health Survey (DHS) and community characteristics aggregated from the 2004 and 2010 Nepal Living Standards Survey (NLSS), we estimate a variety of hierarchical regression models, which allow us to partition variance in height-for-age Z-scores between the levels of different hierarchical specifications, and then to partition that variance further, between group-level parameters.

Our findings suggest that the …

Determinants Of Energy Efficiency Across Countries, Guolin Yao

Open Access Theses

With economic development, environmental concerns become more important. Economies cannot be developed without energy consumption, which is the major source of greenhouse gas emissions. Higher energy efficiency is one means of reducing emissions, but what determines energy efficiency?

In this research we attempt to find answers to this question by using cross-sectional country data; that is, we examine a wide range of possible determinants of energy efficiency at the country level in an attempt to find the most important causal factors. All countries are divided into three income groups: high-income countries, middle-income countries, and low-income countries. Energy intensity is used …

Comparative Analysis Of The True Profitability Between Genetic Multiplication And Terminal Pig Production, Nicholas H. Dekryger

Open Access Theses

In the agriculture industry today, farmers and agribusinesses must continually deal numerous uncertainties and consequential financials burdens. Market prices, both in grains and livestock, have varied quiet substantially over the past five years creating difficulties in risk management and sales. As a means to combat the uncertainty facing the agriculture industry, solid business strategies must be implemented in order to absorb any external impact. Using part of the strategy outlined in The Breakthrough Imperative, an analysis was done on the strategy used by Belstra Group Farms with the goal to determine the true profitability of gilt multiplication.

A model was …

Risk Return Of Farmer-Elevator Contracts For Soybeans And Corn In Arkansas, Marei Undine Houpert

Graduate Theses and Dissertations

In Arkansas the contribution of Agriculture to the states GDP is comparatively high. To help farmer's return risk the grain industry developed several marketing tools to support farmers. Literature in this research field finds different results for different locations, commodities, marketing tools and marketing years. As Agriculture in Arkansas is important for its economy this study focuses on soybeans and corn produced in the fertile north-eastern area of Arkansas that uses Memphis Tennessee as a spot market palace. The examined marketing tools are pre-harvest futures hedges and forward contracts as well as post-harvest storage strategies and minimum price contracts. All …

Evaluating Economic Impacts Of Switchgrass Harvest Time, Nathanial Elsworth Cahill

Graduate Theses and Dissertations

This thesis deals with cost of production for cellulosic energy crops of switchgrass, miscanthus, and energy sorghum. The first chapter explains the rationale for development of decision support software called Energy Crop Analysis & Planning (ENCAP) and Switchgrass Harvest Date, Yield, Nutrient Removal Estimator (SHYNE). The second chapter examines harvest date implications on yield, nutrient removal, opportunity cost of modified sale dates, and post-harvest storage losses. This harvest date analysis leads to a profit maximizing harvest date from the perspective of the producer. While this harvest date may be optimal for the producer, biorefineries may be interested in sourcing switchgrass …

Sugar And Rice Trade Between The United States And Cuba Trade Potential And Welfare Analysis, Fabian Bloechl

Graduate Theses and Dissertations

After the resignation of President Fidel Castro and forty-five years of the U.S.-trade embargo, the political environment between Cuba and the United States is expected to change. With the Trade Sanction Reform and Export Enhancement Act in 2000, trade sanctions were eased for a while. Future trade between both countries would increase the welfare in both countries. This Thesis has the approach to look at the impacts on the commodities of rice and sugar, and the trade sanctions between the United States and Cuba.

Cuba is a net importer of its food supply; therefore, agriculture and food trade is an …

Environmental Tradeoffs In Bioenergy Production And Agricultural Practices, Alicia Lynn English

Open Access Dissertations

The focus of this dissertation is the environmental tradeoffs of stover removal within the Corn Belt. The environmental tradeoffs considered are mainly concerned with managing soil erosion and soil quality. The analysis layers soil characteristics, management strategies and per acre costs using an integrated RUSLE2/WEPS model and an economic optimization model to illuminate a lower bound supply response. Different assumptions were tested in regards to sustainability, prices, and market integration for five states and 18,760 soil types throughout the Corn Belt. Sustainability was defined to limit soil erosion from wind and water to 5 tons/acre/year and the soil organic matter …

A Roadmap To Mindful Consumption Through Informative Labeling Practices: The Effects Of Sustainability Disclosure Formats On Consumer Product Evaluations, Yoon-Na Cho

Graduate Theses and Dissertations

Despite the interest of consumers in sustainable and environmentally friendly products, only a limited number of studies have focused on sustainability level disclosures for consumer packaged goods. The general overarching purpose of this dissertation is to extend the internal reference point and information processing literatures to better understand how consumers will process sustainability disclosures. Applying the theoretical lens of assimilation bias in conjunction with self-enhancement offers an important extension to prior work. Across two retail lab studies and four online experiments, I demonstrate that the perceived sustainability utility (i.e., the difference between a specific brand's level of sustainability and category-level …

The Impact Of Bovine Spongiform Encephalopathy (Bse) On World Protein Supply, Jarrod Kersey

Graduate Theses and Dissertations

As world population, per capita income and urbanization increase, consumption of meat, poultry, milk and eggs will continue to rise to meet the needs of approximately nine billion people in 2050. Global beef, pig and chicken production and per capita consumption increased between 2000 and 2010, with growth in broiler production and consumption outpacing both beef and swine. The increased production and consumption requires readily available feed ingredients in regions where animal production is rapidly developing. Animal-based protein feed ingredients are often difficult to move from country to country due to real or perceived risk of animal disease. Zoosanitary standards …