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Articles 1 - 27 of 27

Full-Text Articles in Social and Behavioral Sciences

The Problem Of Aggregation In Spatial Equilibrium Analysis, Brian Schmiesing, Steven Blank Dec 1985

The Problem Of Aggregation In Spatial Equilibrium Analysis, Brian Schmiesing, Steven Blank

Economics Staff Paper Series

Aggregation across time has long been recognized as a potential source of specification error within time series modeling. This source of specification error has major implications for the use of causality tests in spatial equilibrium analyses. This study reviews the theoretical econometric literature to generate hypotheses which are empirically tested to illustrate the impacts of aggregation on causality tests. Granger causality tests for three major corn markets reveal one-way causality to be "fragile" with respect to changes in the level of time aggregation in data. Dynamic multipliers are discussed as being one method of checking the specification of the model.


Reasons For And Implications Of Declining Farmland Prices, Larry Janssen Nov 1985

Reasons For And Implications Of Declining Farmland Prices, Larry Janssen

Economics Commentator

No abstract provided.


South Dakota Farmland Market Trends-Another Year Of Declining Prices, Larry Janssen Oct 1985

South Dakota Farmland Market Trends-Another Year Of Declining Prices, Larry Janssen

Economics Commentator

No abstract provided.


Mergers--What To Look For, When Should We Study, What Signals A Potential Merger, Brian Schmiesing Oct 1985

Mergers--What To Look For, When Should We Study, What Signals A Potential Merger, Brian Schmiesing

Economics Staff Paper Series

No abstract provided.


Economics Of Drying Grain, Richard C. Shane Sep 1985

Economics Of Drying Grain, Richard C. Shane

Economics Commentator

No abstract provided.


Economics Of Grain Storage, Richard C. Shane Sep 1985

Economics Of Grain Storage, Richard C. Shane

Economics Commentator

No abstract provided.


A General Overview Of Risk Theory And Its Application To Agriculture, Burton Pflueger Aug 1985

A General Overview Of Risk Theory And Its Application To Agriculture, Burton Pflueger

Economics Staff Paper Series

No abstract provided.


United States Agricultural Trade Prospects, Harry Greenbaum Aug 1985

United States Agricultural Trade Prospects, Harry Greenbaum

Economics Commentator

No abstract provided.


Analysis Of Agricultural Assessment Sales Ratios For Property Tax Purposes During Changing Trends In Land Values, Larry Janssen, Mark Edelman, Cindy Swinson Aug 1985

Analysis Of Agricultural Assessment Sales Ratios For Property Tax Purposes During Changing Trends In Land Values, Larry Janssen, Mark Edelman, Cindy Swinson

Economics Staff Paper Series

Assessment sales ratios are used to "equalize" property tax assessments. Mean soil productivity ratings did not indicate differences between productivity of land sold and all land in the counties examined during periods of rising and declining agricultural land values. Regression results did not indicate underassessment of more productive land in the counties considered.


Basic Cooperative Principles And Methods Of Doing Business, Brian Schmiesing Jul 1985

Basic Cooperative Principles And Methods Of Doing Business, Brian Schmiesing

Economics Staff Paper Series

This paper will first define what a cooperative principle is. The dangerous viewing principles as cooperative objective or independent of rules and discipline are discussed. Second, a set of commonly used cooperative principles are critically examined for their implications for cooperatives as business organizations. Third, an alternative set of principles are advocated to eliminate the confusion currently existing. Finally, a potential role of the Extension Service and vocational agriculture instructors in assisting their clientele in the current crisis is reviewed.


Economcis Of Reduced Tillage Systems, Herbert R. Allen Jul 1985

Economcis Of Reduced Tillage Systems, Herbert R. Allen

Economics Commentator

No abstract provided.


Agricultural Lender Attitudes On Farm Finance Crisis Management Programming By The Cooperative Extension Service, Mark Edelman, Brian Schmiesing, Diane Kolmer, Cindy Swinson Jul 1985

Agricultural Lender Attitudes On Farm Finance Crisis Management Programming By The Cooperative Extension Service, Mark Edelman, Brian Schmiesing, Diane Kolmer, Cindy Swinson

Economics Staff Paper Series

Agricultural lenders were surveyed to clarify the nature of the problems faced by financially stressed farm borrowers and the appropriate Cooperative Extension Service response in educational programming. Specifically determined were skill training priorities, adequacy of farm records appropriate delivery mechanisms, preferred target audiences, and institutional preferences.


Implications Of Basis Changes To Put Option Trading, Brian Schmiesing Jul 1985

Implications Of Basis Changes To Put Option Trading, Brian Schmiesing

Economics Staff Paper Series

Agricultural commodity options are based on futures contracts. Producers buying put options are subject to basis risk. Unlike a storage hedge, a put buyer must be concerned with how the basis changes. Eight basis change scenarios are analyzed to indicate why this is true. In addition, the returns to buying a put are contrasted with a storage hedge. Recommendations are made on how a producer might develop a strategy for when to use a put option versus hedging.


Farmland Rental Terms In Eastern And Central South Dakota, Larry Janssen, Larry Madsen Jul 1985

Farmland Rental Terms In Eastern And Central South Dakota, Larry Janssen, Larry Madsen

Economics Commentator

No abstract provided.


Determinants Of Farmland Prices During Periods Of Rising And Declining Farmland Values, Larry Janssen, Cindy Swinson Jul 1985

Determinants Of Farmland Prices During Periods Of Rising And Declining Farmland Values, Larry Janssen, Cindy Swinson

Economics Staff Paper Series

A study of farmland sales in four South Dakota counties indicated productivity and location variables are important in explaining variation in per acre sale price, while financial variables are not. The same explanatory variables are significant in periods of rising (1979-1980) and declining (1981- 1982) prices but parameter estimates vary significantly between the periods. Over 80% of per acre sale price variation was explained in both periods. These findings support traditional explanations of cross-sectional farmland price variation, and (2) suggest that explanatory factors exert varying pressure on farmland sale prices at different times.


Economics Of Home-Based Businesses, Thomas L. Dobbs Jun 1985

Economics Of Home-Based Businesses, Thomas L. Dobbs

Economics Commentator

No abstract provided.


Debt Capital: A Larger Risk Than Everyone May Realize, Brian H. Schmiesing May 1985

Debt Capital: A Larger Risk Than Everyone May Realize, Brian H. Schmiesing

Economics Commentator

No abstract provided.


Farm Machinery Financing Terms, Todd Lone May 1985

Farm Machinery Financing Terms, Todd Lone

Economics Commentator

No abstract provided.


Implications Of The Farm Crisis For Rural Communities In South Dakota, Thomas L. Dobbs Apr 1985

Implications Of The Farm Crisis For Rural Communities In South Dakota, Thomas L. Dobbs

Economics Commentator

No abstract provided.


Combining Causality Tests And Path Analysis To Model Agricultural Markets, Steven Blank, Brian Schmiesing Apr 1985

Combining Causality Tests And Path Analysis To Model Agricultural Markets, Steven Blank, Brian Schmiesing

Economics Staff Paper Series

Causality tests and path analysis are combined to create a new procedure for use in evaluating agricultural markets. The two complementary techniques combine to form a strong process for measuring the direction and strength of causal relationships within a structural equation model. An empirical example which evaluates midwestern corn market price relationships is presented.


Long Term And Recent Farmland Market Developments In South Dakota, Cindy Swinson Mar 1985

Long Term And Recent Farmland Market Developments In South Dakota, Cindy Swinson

Economics Commentator

No abstract provided.


The Economics Of Reduced Pressure Irrigation, Donald C. Taylor Feb 1985

The Economics Of Reduced Pressure Irrigation, Donald C. Taylor

Economics Commentator

No abstract provided.


Observations On Tax Policy And Education, Mark Edelman Feb 1985

Observations On Tax Policy And Education, Mark Edelman

Economics Staff Paper Series

A short clarification of the current problems facing agriculture and tax policy options available.


Computers In Extension: Thoughts For Decisionmakers, Donald Peterson Feb 1985

Computers In Extension: Thoughts For Decisionmakers, Donald Peterson

Economics Staff Paper Series

No abstract provided.


Observations On The Future Of South Dakota Agriculture And Rural Communities, Mark Edelman Feb 1985

Observations On The Future Of South Dakota Agriculture And Rural Communities, Mark Edelman

Economics Staff Paper Series

A short clarification of the current problems facing agriculture and rural communities in South Dakota, the options faced by community leaders, and the policy alternatives faced by national decision-makers in assisting rural communities.


The Demand For Nursing Home Care In South Dakota, Charles E. Lamberton Jan 1985

The Demand For Nursing Home Care In South Dakota, Charles E. Lamberton

Economics Commentator

No abstract provided.


South Dakota Farmland Market Trends - Current And Future Research, Larry Janssen Jan 1985

South Dakota Farmland Market Trends - Current And Future Research, Larry Janssen

Economics Staff Paper Series

Agriculture land market trends are of considerable interest to many people - farm managers landowners, realtors, prospective buyers and sellers of farm real estate, loan officers, agribusiness managers, public officials and the general public. Interest and concern about farmland market trends intensifies during periods of rapid increases or decreases in land prices. Both of these events have occurred since 1971. For South Dakota, average per acre farmland values increased 345% from 1971 to 1982 ($85 to $291) . Since late 1981 and early 1982, farmland prices have steadily declined in most regions of South Dakota - reflecting sharply reduced profits …