Agricultural and Resource Economics Commons^™

Price-Conditional Technology, Lilyan E. Fulginiti

Department of Agricultural Economics: Faculty Publications

Economics theorists for years have considered the possibility that the direction of technical change is altered by changes in relative prices. Prices also have been identified as one of the determinants of technical change through innovation, This article extends the theory of the firm to cover situations in which the firms technology set is conditional on expected prices. The basic idea is to distinguish between "market prices," or the prices that guide the firm's choices subject to the technology that is in place, and "normal prices," the prices conditioning the choice of technology. A “generalized" price effect is obtained that …

Measures Of Waste Due To Quotas, Lilyan E. Fulginiti, Richard K. Perrin

Department of Agricultural Economics: Faculty Publications

This paper addresses the issue of measuring waste due to the imposition of a production quota. our objective is to elaborate two alternative general equilibrium concepts of the welfare loss due to the imposition of a production quota, and to illustrate their use by considering costs of the U.S. tobacco program.

Prices And Productivity In Agriculture, Lilyan E. Fulginiti, Richard K. Perrin

Department of Agricultural Economics: Faculty Publications

Developing countries often tax agriculture heavily, a practice that might affect the productivity as well as the quantity of resources allocated to agriculture. A variable-coefficient cross-country agricultural production function is estimated, with past price expectations among the determinants of the production coefficients. Productivity’s responsiveness to those expectations implies that had these developing economies eliminated price interventions, agricultural productivity would have increased on average by about a fourth.

In agriculture, as any other sector, output prices affect the amount of resources allocated to aggregate production. According to a review by Binswanger (1989) these movements along the supply function reflect an elasticity …

The Theory And Measurement Of Producer Response Under Quotas, Lilyan E. Fulginiti, Richard K. Perrin

Department of Agricultural Economics: Faculty Publications

Tobin and Houthakker's work on consumer behavior under quantity rationing has been extended by many authors, especially through the use of duality theory. This paper uses duality theory to extend the work on demand theory under rationing to the case of producer behavior under quotas. These results permit estimation of otherwise unobservable market supply and demand structures The structure of the farm economy operating under a tobacco quota system is estimated, and the theory is utilized to infer that the supply elasticity of tobacco would be about 70 if the quotas were removed. Estimates such as this are not normally …

Statement By Former U. S. Trade Representative Clayton Yeutter, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

When the Uruguay Round was launched in 1986, those of us who were present expected it to be completed in four years. Regrettably it took seven. The delay reflects the turmoil and disruptions of a global recession, termination of the Cold War, and political turnover among some of the major trading nations. But persistence paid off, this very ambitious Round is now successfully concluded, and the world will be better off for it.

Protecting The Hidden Resource: The Quiet Crisis In Nebraska Pesticide And Ground Water Protection Policies, J. David Aiken

Department of Agricultural Economics: Faculty Publications

This 1993 Creighton Law Review article reviews Nebraska legislation for protecting ground water quality from agricultural chemical use, the 1991 EPA Pesticides and Ground-Water Strategy, and proposed Nebraska pesticide regulation legislation.

Agricultural Protection In Developing Countries, Lilyan E. Fulginiti, Richard K. Perrin

Department of Agricultural Economics: Faculty Publications

The present paper explores why farmers are taxed in poor countries and subsidized in rich countries. Using the economic theory of contests to come to an understanding of the incentives for agricultural protectionism, we first sketch a framework for an excludable and rivalrous rent. We then apply this framework to agricultural protectionism in developing countries.

Nebraska Farm Real Estate Market Developments 1991-92, Bruce B. Johnson

Nebraska Farm Real Estate Reports

Nebraska's agricultural land values moved slightly upward during 1991 as the market operated in a mode of relative stability. The 15th annual UNL farm real estate market survey recorded an overall state average increase of 3.7 percent for the 12-month period ending February 1, 1992. This rate of change matched the u.s. rate of inflation during 1991, so in real (purchasing power) terms, there was essentially no change in average value.

Most market observers saw no apparent change in volume of market activity during 1991 from the previous year. Estate settlement and retirement constitute the primary reasons for agricultural real …

Nebraska Farm Real Estate Market Developments 1990-91, Bruce B. Johnson

Nebraska Farm Real Estate Reports

Agricultural land values rose 4 percent during 1990, although the pattern varied widely across the state. The annual increase represented the fourth straight year of increase according to the University of Nebraska annual Farm Real Estate Market Survey series; yet the 1991 average value remained at about two-thirds of the peak value recorded 10 years earlier.

Largest percentage gains in value were reported in the Central Crop Reporting District where the all-land average rose 10 percent. In contrast, the Southeast District recorded a slight decline in the all-land average.

By type of land, grazing land values usually showed the largest …

Nebraska Farm Real Estate Market Developments 1989-90, Bruce B. Johnson, Timothy Schroeder

Nebraska Farm Real Estate Reports

In Nebraska, 1989 was another year of active market activity and increasing agricultural land values. These were two of the findings evident from the 1990 Nebraska Farm Real Estate Market Survey reports. The 1990 survey revealed a smaller average rate of increase of 9 percent during the 12-month period ending February 1, 1990 than reported for the year earlier. This smaller increase is a reflection of previous increases in farmland values and some decrease in net farm income during 1989.

The crop reporting districts showing the highest average land value change for the 12-month period were the North and Central …

Argentine Agricultural Policy In A Multiple-Output, Multiple-Input Framework, Lilyan E. Fulginiti, Richard K. Perrin

Department of Agricultural Economics: Faculty Publications

This study shows that agricultural policies in Argentine agriculture substantially reduced the growth rate of output in 1940-1980.

Remarks Prepared For Delivery By Secretary Of Agriculture Clayton Yeutter To The American Chamber Of Commerce, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

Most Americans won't ever forget -- and I certainly won't -- the news photos taken of the destruction of the Berlin Wall. But even as this political wall was toppling, other walls were going up, ever higher, around the world. I am talking about economic walls -- the subsidies, import bans, price supports, and other policies - which are distorting, and threatening to destroy, the world's agricultural trade.

Remarks Prepared For Delivery To The Journal Of Commerce And The National Foreign Trade Council's Uruguay Round Conference By Secretary Of Agriculture Clayton Yeutier, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

It is time to quit pretending that supply management works as a farm income enhancement program. It may in the short run; it doesn't in the long run. It is time to stop pretending that protectionist trade policies help America's agriculture. They may in the short run; they don't in the long run.

Remarks Prepared For Delivery To The Organization For Economic Cooperation And Development Ministerial Meeting By U.S. Secretary Of Agriculture Clayton Yeuiter, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

This is a particularly important time for us to be gathering for this Ministerial meeting. The Uruguay Round of negotiations under the General Agreement on Tariffs and Trade (GATT) is entering a crucial period. It is imperative that the Organization for Economic Cooperation and Development (OECD) make a strong statement of support for freer and fairer trade in all fields, including agriculture. The nations of the world are looking to the OECD to clearly point the way toward an improved world trading system.

Remarks Prepared For Delivery To The International Office Of Epizootics By U.S. Secretary Of Agriculture Clayton Yeutter, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

It is a pleasure for me to be with you today at the annual meeting of the International Office of Epizootics. I would first like to congratulate the recipients of your gold and silver awards, which I am sure are well-deserved. I also want to state how much the United States has appreciated the efforts of Director-General Blajan. Although we have only been a member of OlE since 1978, we have developed great respect for this organization. OlE is held in high regard throughout the world, and the firm and competent leadership of Dr. Blajan has been a major reason …

Cb President Bush's "America The Beautiful Initiative" At The White House Remarks By President Bush And Secretary Of Agriculture Clayton Yeutter, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

SEC. YEUTTER: Good morning, ladies and gentlemen, and welcome to this auspicious tree-planting ceremony. We're delighted to have you all here. That's quite a tree that we're going to be planting. I'm not sure we're going to get that job done with two shovels, but maybe that depends on how fast people shovel. At any rate, we'll give you some experience in that regard very shortly. As we begin the program, I'd like to spend just two minutes giving the essence of what the morning's activity is about. Then, I'll introduce some of our special guests here, and then, of …

Clayton Yeutter Secretary Of Agriculture Before The Senate Committee On Agriculture, Nutrition, And Forestry February 7, 1990, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

Mr. Chairman and Members of the Committee, I welcome the invitation to appear today to discuss the 1990 Farm Bill. The making of farm policy in 1990 will be truly historic. The road that we take over the coming months will be vital to u.s. farmers, the American public, and, in fact, the world. As you know, we have been working very hard at the USDA and within the Administration for many months to develop proposals that we believe will best serve our nation's food and fiber industries and all Americans. Yesterday we unveiled our ideas. This morning, I would …

Remarks Prepared For Delivery By Clayton Yeutter Secretary Of Agriculture To The Chicago Farmers, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

It's a great pleasure for me to be back in Chicago, especially when it means seeing so many friends and acquaintances. I'd like to thank The Chicago Farmers for extending to me this invitation to talk with you today about America's agricultural future. As you know, Congress is struggling to resolve differences between their respective versions of the 1990 Farm Bill. What you may not know -- and what I'd like to discuss with you today -- is that in several notable instances neither version reflects what America's farmers have asked for, nor what America's farmers, as well as America's …

"Trade Reform, The Key To The Future Of U.S. Farming", Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

I have been asked innumerable times why world agricultural trade reform is so important to U.S. farmers. Some of the people doing the asking are often afraid of what such reform might mean to U.S. agriculture. A question I occasionally ask back is, "What is there to fear?" If we are the efficient agricultural producers we say we are -- and I believe we are - then the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) offers American farmers an unprecedented opportunity to gain market share in the growing world markets for food. American agriculture has not …

Nebraska Farm Real Estate Market Developments 1988-89, Bruce B. Johnson, Terry Akeson

Nebraska Farm Real Estate Reports

The year, 1988, was one of considerable real estate market activity and rising agricultural land values. These trends were evident across the state according to 1989 Nebraska Farm Real Estate Market Survey reports. The survey revealed an average rate of increase of 25 percent during the 12-month period ending February 1, 1989. This increase, however, represents a percentage change from a base value that reflects several years of declines. In fact, even with the 1988 advances, 1989 land values remain considerably below peak levels of the early 1980s.

A succession of high income years for production agriculture, in large part …

Excerpts Of Remarks By Secretary Of Agriculture Clayton Yeutter At His Swearing-In Ceremony In The Usda Patio February 16, 1989, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

Thank you very much ladies and gentlemen. It's a marvelous privilege, pleasure and opportunity for me to be here this morning. As I look out over this audience I see a multitude of long-time friends and I am so pleased and gratified that all of you were willing to take time out of your hectic and demanding schedules to be here and share this occasion with us. I am not going to make any profound policy pronouncements this morning. I'd like to basically concentrate in my very short time with you on some comments about people.

Balancing Endangered Species Protection And Irrigation Water Rights: The Platte River Cooperative Agreement, J. David Aiken

Department of Agricultural Economics: Faculty Publications

This article discusses Platte basin water right disputes involving endangered species, the development of the Platte Cooperative Agreement as a method for resolving such conflicts, and the framework within which such conflicts will now be addressed.

Remarks By The President At Swearing-In Ceremony Of Secretary Of Agriculture Clayton Yeutter, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

THE PRESIDENT: Thank you, Peter, and all the members of the Cabinet; the members of the United States Congress here; distinguished ambassadors and others. I've come over here today for the swearing-in of our Secretary. Clayton Yeutter is about to make an enduring commitment to this Department and I should acknowledge the fact that I think five of his predecessors are here today -- Democrats and Republicans which I think gives him an extraordinarily good send-off. There's a difference, you know, between involvement and commitment. You all know it. Remember the old farmer making eggs and bacon. The chicken is …

Farming Systems Research/Extension And The Concepts Of Sustainability, Charles A. Francis, Peter E. Hildebrand

Department of Agronomy and Horticulture: Faculty Publications

Farming Systems Research and Extension (FSR/E) has strongly influenced the direction of agricultural development over the past two decades. Involving farmers, change agents and researchers, this participatory approach to technological improvement has evolved as an efficient means to develop individual components and more integrated systems that are uniquely suited to specific biophysical and socioeconomic conditions. Farmers with similar conditions and for whom specific recommendations are appropriate are grouped, in FSR/E, into identifiable Recommendation Domains. The technologies recommended conform with the biophysical and socioeconomic constraints that create environments within the domains, based on the philosophy that new technologies must conform with …

Nebraska Farm Real Estate Market Developments 1987-88, Bruce B. Johnson, Joel Young

Nebraska Farm Real Estate Reports

Agricultural land values turned upward during 1987, after registering six successive years of decline. The University of Nebraska-Lincoln 1988 Farm

Real Estate Market Survey reported a 13 percent gain for the 12-month period

ending February 1, 1988. Increases were evident for virtually all types of agricultural land and in all areas of the state, although there was variation in magnitude among the substate regions.

The reversal of the long-term decline in agricultural land values stems primarily from improved farm income levels. Also, the preceding devaluation has positioned agricultural land values such that earnings have become more competitive with alternative investment …

Ambassador Clayton Yeutter's Speech University Of Nebraska-Lincoln Commencement May 7, ~988, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

Thank you very much Chancellor Massengale. It's nice to be home. First of all to the graduates, I say to you, savor this day. You've earned it. You've had four great years here at the University of Nebraska. They should have been rewarding years, and I hope you'll imprint the good times indelibly in your minds. But next week--not today, not tomorrow--sit back and be a bit introspective about what these four years have meant to you.

Opening Statement Uruguay Round Mid-Term Review Montreal, Canada, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

Mr. Chairman, fellow delegates. It has been two years since we met in Punta del Este, two years since leaders from around the world -- representing nations in all stages of economic development -- agreed to launch the Uruguay Round of multilateral trade negotiations. since then, our negotiators have been hard at work. They deserve not only credit, but also continuing encouragement. For what came out of the meeting in Punta del Este in September of 1986 was the most comprehensive and ambitious negotiating agenda ever put before the General Agreement on Tariffs and Trade.

The E.J. Faulker Lecture University Of Nebraska College Of Business Administration Lincoln, Nebraska, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

I am pleased to be back home in Nebraska. It is a special honor for me to be chosen to deliver the prestigious E.J. Faulkner Lecture at my alma mater. In particular, I welcome this opportunity to speak to the students of the College of Business Administration because upon graduation many of you will take jobs that are directly linked to the international economy. . Even though the state of Nebraska is situated in the heartland of the united state and insulated by thousands of acres' of land, it is a major player in the global economy. We must educate …

Nebraska Farm Real Estate Market Developments 1986-87, Bruce B. Johnson

Nebraska Farm Real Estate Reports

The market value for Nebraska farmland continued to fall during 1986 but generally at a more moderate rate of decline than that of previous years. Results of the 1987 Nebraska farm real estate market survey indicate that afarmland values fell 9.7 percent for the 12 month period ending February 1, 1987. this current rate of decline is considerably less than the 23.5 percent decrease reported last year (1986) and 24.7 percent decline during 1985.

Farmland values have declined the past six consecutive years across the state. By 1987, the average value for Nebraska farmland had dropped 59 percent from its …

Ambassador Clayton Yeutter United States Trade Representative Forty-Third Session Of The Gatt Contracting Parties Geneva, Switzerland December 1, 1987, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

I would like to speak to you this morning about the future of the world trading system. It seems appropriate, on the GATT's 40th birthday, to recognize its past achievements while also looking forward to its future-challenges. We must together develop a vision of the GATT that will serve the needs of the twenty-first century. Forty years ago, the legacy of a great depression and a world war was high import duties and restrictive quotas. World trade had shriveled. Recognizing this sorry state of affairs, concerned countries came together to establish a mechanism for reducing trade barriers and for carrying …