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Articles 2941 - 2970 of 4851
Full-Text Articles in Agricultural and Resource Economics
Department Of Agricultural Economics Publications In 2007
Department Of Agricultural Economics Publications In 2007
Department of Agricultural Economics: Faculty Publications
Annual Department of Agricultural Economics Faculty Publication List (for 2007)
The Impact Of Technological Change On A Competitive Industry, Richard K. Perrin
The Impact Of Technological Change On A Competitive Industry, Richard K. Perrin
Department of Agricultural Economics: Faculty Publications
This study analytically evaluates the impact of technological change on output and input markets in a competitive industry of identical firms. Firm-level technology and technological change are represented parametrically as local approximations to unknown functional forms. The comparative statics analysis solves for changes in equilibrium market prices and quantities as functions of parameters that characterize technological change. The technology-induced shift in industry supply is shown to equal the rate of technological change plus the share-weighted induced change in input prices. The model provides a consistent and systematic framework for evaluating the impact of technological change, either ex ante or ex …
Management And Marketing 2009 Winter Wheat, Alan May, Jack Davis, Matthew Diersen
Management And Marketing 2009 Winter Wheat, Alan May, Jack Davis, Matthew Diersen
Economics Commentator (1972- 2016)
No abstract provided.
A Crash Course In Infrastructure: Expensive But Essential Components For Rural (And Urban) Nebraska’S Future, Sandra K. Scofield
A Crash Course In Infrastructure: Expensive But Essential Components For Rural (And Urban) Nebraska’S Future, Sandra K. Scofield
Rural Initiative Program: Publications and Reports
“Ironically rural America has become viewed by a growing number of Americans as having a higher quality of life not because of wat it has, but rather because of what it does not have.” This quote from an unknown author found by a graduate student in the University of Nebraska Rural Initiative focuses on a poin we often forget.
No doubt you can name many things we are happy not to have in rural Nebraska: smog, traffic jams, urban canyons, lack of green or open spaces, the list goes on. Many of these “deficiencies” amount to assets that rural areas …
Using Hedge Information As A Risk Management Tool For Feeder Cattle, B. Williams, Matthew Stockton, Roger K. Wilson
Using Hedge Information As A Risk Management Tool For Feeder Cattle, B. Williams, Matthew Stockton, Roger K. Wilson
Cornhusker Economics
Hedging can be a valuable tool to minimize price uncertainty for producers. There are two types of hedges producers may use, a short hedge and a long hedge. Short hedges are used to lock in a net selling price when prices are expected to fall, while a long hedge is used to lock in a buying price when prices are expected to rise for a commodity that is bought and used as an input.
A short hedge is initiated by selling a contract on the futures market. The contract is generally bought back close to the time the contracted commodity …
The Economic Impact Of Crp Acres In South Dakota Returning To Crop Production, Gary Taylor, Larry Janssen
The Economic Impact Of Crp Acres In South Dakota Returning To Crop Production, Gary Taylor, Larry Janssen
Economics Staff Paper Series (1969 - 2017)
The Conservation Reserve Program (CRP) was created in the 1985 Farm Bill as a program to remove highly erodible and environmentally sensitive land from agricultural production for from 10 to 15 years. Although CRP was originally viewed as a supply control program it rapidly evolved into a program that met many environmental objectives. In 2007 South Dakota had 729,397 acres of CRP contracts expired, which was nearly 47% of the 1.56 million acres enrolled in the program. During this period, there was no new farm bill or new CRP policy provisions. The policy environment in late 2006 and most of …
2008 Nebraska Farm Income Prospects, Bruce B. Johnson
2008 Nebraska Farm Income Prospects, Bruce B. Johnson
Cornhusker Economics
There’s a quiet late-summer hush over Nebraska’s cropland these days. Except for swaths of earlier hail and extended flooding, crops are looking good just about everywhere. And if good weather holds through harvest and prices remain strong, a banner year for Nebraska’s crop producers could be in the making. While it is still too early to call it official, the income potential associated with our major crops may be nothing short of “bin-busting.”
Even so, the situation is almost bitter-sweet in this diverse state where livestock and crop production go hand-in-hand. Record-level prices for corn and soybeans convert to escalating …
Will Agricultural Research Make Future Irrigation Reductions Easier?, Ray Supalla
Will Agricultural Research Make Future Irrigation Reductions Easier?, Ray Supalla
Cornhusker Economics
Nebraska agricultural research has historically improved farm income, increased land values, reduced food costs, enhanced the Nebraska economy and contributed to the general good throughout the world. These contributions often resulted from improving the productivity of our land and water resources. Over the past 40 years, corn and soybean yields per acre of land and per acre-inch of water consumed have each increased by about 60 percent. In short, we have learned how to produce more with less!
These research induced improvements in productivity have contributed to making our land and water resources increasingly valuable. Nebraska irrigated land that sold …
Agricultural R&D Policy: A Tragedy Of The International Commons, Jennifer S. James, Philip G. Pardey, Julian M. Alston
Agricultural R&D Policy: A Tragedy Of The International Commons, Jennifer S. James, Philip G. Pardey, Julian M. Alston
Agribusiness
Over the past 50 years public agricultural research has contributed enormously to humanity, enabling the supply of food to grow faster than demand in spite of a rapidly growing population, income growth, and shrinking natural resources. Nonetheless, in many countries we see waning public support for agricultural R&D, especially in Africa, a diversion of research resources from farm productivity towards other agendas, and early warning signs of a slowdown in agricultural productivity. The world has continued to collectively underinvest in agricultural R&D because of domestic and international market failures associated with appropriability problems. Governments have failed to effectively address these …
Spatial Welfare Impacts Of A Grain Ethanol Plant, Justin Van Wart, Richard K. Perrin
Spatial Welfare Impacts Of A Grain Ethanol Plant, Justin Van Wart, Richard K. Perrin
Department of Agricultural Economics: Faculty Publications
This study inquires into the spatial welfare impacts of a grain ethanol plant established in an area with a beef feeding industry. Corn producers will benefit, but by how much? Why do plants seem to price their animal feed byproduct so low that beef producers may benefit from lower feed costs, despite the higher corn price? Why do ethanol plants in some areas dry all their byproduct feed while in other areas plants sell it all in wet form? How are these outcomes affected by the density of corn production, by the density of feedlots, and by the size of …
Proposed Anti-Affirmative Action Constitutional Amendment, J. David Aiken
Proposed Anti-Affirmative Action Constitutional Amendment, J. David Aiken
Cornhusker Economics
The University of Nebraska Board of Regents have adopted resolutions opposing the anti-affirmative action constitutional amendment. The University of Nebraska does not have racial or gender quotas in student admissions or University employment.
Resolving Water Use Conflicts By “Walking-In-The-Shoes” Of Others: The Case Of Tuttle Creek Lake, Robert Sheeder, Gary D. Lynne
Resolving Water Use Conflicts By “Walking-In-The-Shoes” Of Others: The Case Of Tuttle Creek Lake, Robert Sheeder, Gary D. Lynne
Cornhusker Economics
In Nebraska, surface water is most typically used for irrigation and recreation. Yet these same rivers and streams also sometimes provide valuable drinking water, both locally and in communities downstream in other states, especially in Kansas. Given the role that both ground and surface water play in sustaining and shaping the Nebraska way of life, it perhaps comes as no surprise that conflict and controversy often mar any attempt to regulate behaviors or change property rights in regard to the uses of this water. This is clearly evident in the case of the Republican River Compact, a case in which …
Pet Wine Bottles: Will Consumers Accept Them?, David Baird, Wayne Howard
Pet Wine Bottles: Will Consumers Accept Them?, David Baird, Wayne Howard
Agribusiness
No Abstract
A Republican River Water Bailout?, J. David Aiken
A Republican River Water Bailout?, J. David Aiken
Cornhusker Economics
Nebraska is in violation of the Republican River Compact Settlement for 2006 by an estimated 41,430 acre-feet (AF) of water. Kansas has claimed damages of $72 million for Nebraska’s settlement violations, has demanded irrigation cutbacks of nearly 50 percent and has initiated formal arbitration proceedings under the settlement for resolving compliance disagreements. The July 9, 2008 Cornhusker Economics newsletter suggested that Kansas was entitled to only half the water and money it claimed. Kansas has proposed that Nebraska ultimately needs to shut down all wells within 2.5 miles of the Republican River and tributaries with all irrigation wells installed after …
Making A Sure Decision Now For Potential Disaster Assistance Later, Bradley Lubben
Making A Sure Decision Now For Potential Disaster Assistance Later, Bradley Lubben
Cornhusker Economics
The new farm bill included some significant changes in the farm income safety net. As a result, crop producers will need to make a number of decisions about new farm program participation, some in a very short period of time.
The first program decision for crop producers is the simple question of signing up for the 2008 commodity programs. These crop support programs did not change for 2008, except for some legislative language that will eliminate farms with less than ten base acres from the farm program, unless those farms were limited resource or socially-disadvantaged farms. The deadline for sign-up …
Applying Experimental Economics To Obesity In The Family Household, Mariah D. Ehmke, Travis Warziniack, Christiane Schroeter, Kari Morgan
Applying Experimental Economics To Obesity In The Family Household, Mariah D. Ehmke, Travis Warziniack, Christiane Schroeter, Kari Morgan
Agribusiness
The objective of this study is to identify experimental economic tools that can be employed to explain the role of economic behavior in overweight and obesity in the household. We identify three economic experiments that can be used to understand how parent-child economic relationships relate to obesity. Loss aversion experiments are discussed as a tool to understand challenges some individuals face in achieving a healthy diet. Finally, testbed experiments are introduced as a means to test and understand new policies and incentives for better health at the household level.
Land Values And Cash Rents: 2008 Summary
Land Values And Cash Rents: 2008 Summary
Nebraska Farm Real Estate Reports
Farm real estate values, a measurement of the value of all land and buildings on farms, averaged $2,350 per acre on January 1, 2008, up 8.8 percent from 2007. The $2,350 per acre is a record high and $190 more than a year earlier.
Both cropland and pasture values for 2008 are record highs. Cropland values rose by 10 percent to $2,970 per acre, up from the previous high of $2,690 in 2007. Pasture value rose by 6 percent to $1,230 per acre.
While commercial and residential development has slowed in many regions, farm real estate values continue to increase. …
Economic Factors And Body Weight: An Empirical Analysis, Christiane Schroeter, Jayson L. Lusk
Economic Factors And Body Weight: An Empirical Analysis, Christiane Schroeter, Jayson L. Lusk
Agribusiness
With this study, we investigate the effects of changes in economic factors on body weight by constructing a utility theoretic model. The model is empirically estimated by combining data on individuals’ body weight, demographic and physical activity information, and state level measures pertaining to the prices of food away from home, food at home, and wages. By combining these data sources, we aim to estimate directly the weight effects of price and income changes. The empirical analysis suggests that decreasing the price of food at home could decrease body weight, a finding which has important public policy implications.
Wheat Profits Reach Ten Year High, Paul Burgener
Wheat Profits Reach Ten Year High, Paul Burgener
Cornhusker Economics
With concerns about increasing costs on the minds of wheat farmers, it is time to look back at the past ten years to evaluate wheat production profitability. To maintain consistency over the past ten years, two systems (pivot irrigated and clean till dryland wheat fallow) were compared across the past four University of Nebraska Crop Budgets (1999, 2001, 2004 and 2006), and a 2008 update completed for Nebraska Panhandle crops.
For the irrigated production, a yield goal of 80 bushels per acre is used to determine the cost structure and to compute the potential returns for each year. The dryland …
Do College Students Learn By Correcting Missed Exam Questions?, Christiane Schroeter, Steven V. Green, Erin Bess
Do College Students Learn By Correcting Missed Exam Questions?, Christiane Schroeter, Steven V. Green, Erin Bess
Agribusiness
This study determines the learning benefit of correcting missed exam questions. The results show that in addition to exams being an assessment tool, they can also be used as a tool for student learning. The availability of this information will provide help considering design, development, and improvement of traditional assessment methods for student learning.
Co-Product Store: An Economic Budget For Determining Co-Product Storage Costs, Josie Waterbury, Darrell R. Mark
Co-Product Store: An Economic Budget For Determining Co-Product Storage Costs, Josie Waterbury, Darrell R. Mark
Cornhusker Economics
In the last few years the decrease in co-product price, particularly that of wet distillers grains plus solubles (WDGS) during the late summer months, has provided incentive for producers to purchase co-products during this period. This provided producers the opportunity to store the co-product and feed it at a later date. Although current co-product prices are not mirroring the “typical” ethanol co-product seasonal price trend (Waterbury and Mark, 2008) that has been evident in the past (Figure 1 on next page), storage opportunities still exist for cattle feeders and cow/calf operations. From an economic perspective, ethanol co-products continue to be …
Using Averages To Create Budgets, Tina N. Barrett
Using Averages To Create Budgets, Tina N. Barrett
Cornhusker Economics
As we gather and create averages of farm data each year, I’m often asked if the average is a good measure for budgeting. After all no farm is truly “average.” I think by understanding the averages and having some knowledge of your own costs, you can create a meaningful budget for any farm. So what do you need to know about the averages? It is helpful to know the range for the field, the median or middle number, as well as some of the assumptions that are made when gathering the information. A copy of a sample budget at the …
Rates Of Return To Public Agricultural Research In 48 U.S. States, Alejandro Plastina, Lilyan E. Fulginiti
Rates Of Return To Public Agricultural Research In 48 U.S. States, Alejandro Plastina, Lilyan E. Fulginiti
Lilyan E. Fulginiti Publications
The internal rate of return (IRR) to public investment in agricultural R&D is estimated for each of the continental U.S. states. Theoretically, our contribution provides a way of obtaining the returns to a local public good using Rothbart’s concept of virtual prices. Empirically, we use the spatial dependency among states generated by knowledge spillovers to define the ‘appropriate’ jurisdiction. We estimate an average own-state rate of 17% and a social rate of 29%. These figures should inform the policy debate on the allocation of federal funds to research in the actual food crisis environment.
Rates Of Return To Public Agricultural Research In 48 U.S. States, Alejandro Plastina, Lilyan E. Fulginiti
Rates Of Return To Public Agricultural Research In 48 U.S. States, Alejandro Plastina, Lilyan E. Fulginiti
Department of Agricultural Economics: Faculty Publications
The internal rate of return (IRR) to public investment in agricultural R&D is estimated for each of the continental U.S. states. Theoretically, our contribution provides a way of obtaining the returns to a local public good using Rothbart’s concept of virtual prices. Empirically, we use the spatial dependency among states generated by knowledge spillovers to define the ‘appropriate’ jurisdiction. We estimate an average own-state rate of 17% and a social rate of 29%. These figures should inform the policy debate on the allocation of federal funds to research in the actual food crisis environment.
The Republican River: Negotiation, Arbitration, And A Federal Water Master, J. David Aiken
The Republican River: Negotiation, Arbitration, And A Federal Water Master, J. David Aiken
Cornhusker Economics
Nebraska is in violation of the Republican River Compact Settlement for 2006 by an estimated 41,430 acre-feet (AF) of water. Kansas has claimed damages of $72 million for Nebraska’s settlement violations, has demanded irrigation cutbacks of nearly 50 percent, and has initiated formal arbitration proceedings under the settlement for resolving compliance disagreements. If Nebraska and Kansas are unable to negotiate a compromise on the water overuse, it is possible that a Federal Water Master would be appointed to ensure that future Nebraska water use stayed within settlement limits.
The Food, Conservation, And Energy Act Of 2008 Summary And Possible Consequences, Wesley L. Harris, Bradley Lubben, James L. Novak, Larry D. Sanders
The Food, Conservation, And Energy Act Of 2008 Summary And Possible Consequences, Wesley L. Harris, Bradley Lubben, James L. Novak, Larry D. Sanders
Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature
The primary purpose of this article is to provide a summary and briefly comment on key provisions of the Food, Conservation and Energy Act of 2008 (PL 110-246) and discuss possible consequences of the selected provisions. As passed by the House and Senate, the act contains 15 titles (the pdf version covering 683 pages). While most provisions will be at least briefly discussed, more attention will be devoted to the production-related provisions, especially substantive changes from the 2002 act. The general title of any new farm bill is telling in both what is significant in the bill and in what …
Overview Of The 2008 Farm Bill, Bradley Lubben
Overview Of The 2008 Farm Bill, Bradley Lubben
Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature
The following presentations summarize various titles and sections of the 2008 Farm Bill and provide program details and mechanics of the new legislation as well as potential impacts of the new programs. The presentations were delivered at the 2008 Farm Bill Education Conference and serve as both an outline of the new programs as well as a working template for further education and analysis. The conference was organized by the University of Nebraska-Lincoln along with Auburn University, The University of Georgia, and Oklahoma State University. The conference was sponsored through grants from the Farm Foundation and the North Central Risk …
Using Appreciative Inquiry In Community Development, Alan Baquet, Connie Hancock, Charlotte Narjes
Using Appreciative Inquiry In Community Development, Alan Baquet, Connie Hancock, Charlotte Narjes
Cornhusker Economics
The Center for Applied Rural Innovation (CARI), an outreach effort of the Department of Agricultural Economics, is committed to being relevant and responsive to the needs of Nebraskans. Under the leadership of Dr. Alan Baquet, a trained facilitator in Appreciative Inquiry, CARI and the University of Nebraska-Lincoln Extension are working with communities using an appreciative inquiry approach.
Communities have primarily used community development methods that look directly at the needs or problems, rather than on what is working well. This often leads to a focus on a certain project or program. Technical resources may be brought in to address a …
Biodiesel Production: Focus On Palm Oil And Jatropha, Kepifri Lakoh, E. Wesley F. Peterson
Biodiesel Production: Focus On Palm Oil And Jatropha, Kepifri Lakoh, E. Wesley F. Peterson
Cornhusker Economics
Given high gasoline prices and the negative environmental effects of burning fossil fuels, there is increased interest in alternative energy sources, including biofuels. Brazil and the United States have been leading the way with ethanol production derived from sugar cane and corn. Recently, there has been increased interest in another biofuel, biodiesel, particularly in Europe (the leading producer). Biodiesel, a non-petroleum-based diesel fuel, can be produced from the transesterification of vegetable oils or animal fats. In the United States, most biodiesel is made from rapeseed (canola) or soybeans. But elsewhere, there are other biodiesel feedstocks such as palm oil and …