Agricultural and Resource Economics Commons^™

Exchange Rate Volatility In Nigeria: Consistency, Persistency & Severity Analyses, Babatunde Adeoye, Akinwande A. Atanda

CBN Journal of Applied Statistics (JAS)

The adoption of the International Monetary Fund (IMF) Structural Adjustment Programme (SAP) in 1986 resulted in the transition from fixed exchange rate regime to floating exchange rate regime in Nigeria. Ever since, the exchange rate of naira vis-à-vis the U.S dollar has attained varying rates all through different time horizons. On this basis, this study examines the consistency, persistency, and severity (degree) of volatility in exchange rate of Nigerian currency (naira) vis-a-vis the United State dollar using monthly time series data from 1986 to 2008. The standard Purchasing Power Parity (PPP) model was used to analyze the long-run consistency of …

Foreign Private Investment And Economic Growth In Nigeria: A Cointegrated Var And Granger Causality Analysis, F. Z. Abdullahi, S. Ladan, Haruna R. Bakari

CBN Journal of Applied Statistics (JAS)

This research uses a cointegration VAR model to study the contemporaneous long-run dynamics of the impact of Foreign Private Investment (FPI), Interest Rate (INR) and Inflation rate (IFR) on Growth Domestic Products (GDP) in Nigeria for the period January 1970 to December 2009. The Unit Root Test suggests that all the variables are integrated of order 1. The VAR model was appropriately identified using AIC information criteria and the VECM model has exactly one cointegration relation. The study further investigates the causal relationship using the Granger causality analysis of VECM which indicates a uni-directional causality relationship between GDP and FDI …

Banking Sector Credit And Economic Growth In Nigeria: An Empirical Investigation, Aniekan O. Akpansung, Sikiru J. Babalola

CBN Journal of Applied Statistics (JAS)

The paper examines the relationship between banking sector credit and economic growth in Nigeria over the period 1970-2008. The causal links between the pairs of variables of interest were established using Granger causality test while a Two-Stage Least Squares (TSLS) estimation technique was used for the regression models. The results of Granger causality test show evidence of unidirectional causal relationship from GDP to private sector credit (PSC) and from industrial production index (IND) to GDP. Estimated regression models indicate that private sector credit impacts positively on economic growth over the period of coverage in this study. However, lending (interest) rate …

Sensitivity Analysis On Mapping Evapotranspiration At High Resolution Using Internal Calibration (Metric), Venkata Naga Ravi Kumar Choragudi

Department of Civil and Environmental Engineering: Dissertations, Theses, and Student Research

Mapping EvapoTranspiration at high Resolution using Internal Calibration (METRIC) is most widely used to quantify evapotranspiration (ET) spatially and temporally. It is essential to inspect the model’s response to errors in various parameters used in the model. Landsat 5 images from May 30 2009, July 1 2009 and a Landsat 7 image from September 27 2009 are used in this study. Fourteen different fields composed of Corn, Soybeans, Alfalfa are randomly chosen for each crop type.

Two kinds of errors are addressed in this study. One, with the errors that are transferred and potentially compensated by calibration (Global error) and …

Increasing Profitability Of Small Scale Cocoa Farmers Through Optimizing Replacement Rate, Mahrizal

Graduate Theses and Dissertations

The objective of this study is to empirically estimate the optimum annual replacement rate and age of replacement of cocoa trees in order to maximize the net present value of four production practices over time. The study examines the costs and returns of four common cocoa production systems in Ghana associated with changes in cocoa prices, fertilizer prices, inflation rates, and labor prices. While this study focuses on cocoa, the method is applicable to any tree crop industry. This study uses empirical yield curves and cost of production data from Ghana to determine when and what percentage of a cocoa …

Optimizing University Managed Resources For South Dakota Public Universities: A Simulation Approach, Michael Holbeck, David Chicoine

Economics Staff Paper Series (1969 - 2017)

A simulation analysis demonstrates the use of tuition as a policy tool to achieve financial independence among the six South Dakota public universities under University Managed Resources (UMR). The simulation analysis maintains an overall environment of funding stability and is guided by horizontal equity, a concept from the economics of public finance that all entities of the same or similar situation are treated similarly. Financial independence, within the simulation analysis, is defined as an annual budgeting process with no reallocation of financial resources among or between the six universities. For each of the three indicators of horizontal equity simulated, achieving …

Finding Historic Indiana Documents In An Online Environment: Civil War Era And Later 19th Century, Bert Chapman

Libraries Research Publications

This presentation provides information on digitally accessing historic Indiana State and U.S. Government documents from the latter half of the 19th century. Examples of these resources include the periodical Indiana Farmer, Indiana Civil War Governor Oliver Morton's telegraph books, the Official Records of the War of the Rebellion, Indiana Adjutant General Reports, and the Brevier Indiana Law Reports covering Indiana General Assembly proceedings. These collections have been digitized by various Indiana libraries including Purdue University, IUPUI, and Indiana University. Accessing these primary source materials will enable users to gain augmented understanding ot the economic, military, and political issues facing Indiana …

Velocity Contour Weighting Method. Ii: Evaluation In Trapezoidal Channels And Roughness Sensitivity, Daniel Howes, Brett F. Sanders

BioResource and Agricultural Engineering

The Velocity Contour Weighting Method (VCWM) was developed in Part I to accurately estimate the cross-sectional average velocity of a prismatic channel flow using acoustic Doppler velocity meter (ADVM) measurements of centerline velocity. Here, the VCWM is validated by its successful application to 25 different concrete-lined trapezoidal channels used for irrigation water delivery. At each site, the cross-sectional distribution of velocity is measured by an acoustic Doppler velocimeter (ADV), which is moved horizontally and vertically through a sampling grid. Multiple tests at some sites led to a total of 51 sets of cross-sectional measurements. ADVM measurements are simulated by interpolating …

Velocity Contour Weighting Method. I: Algorithm Development And Laboratory Testing, Daniel J. Howes, Brett F. Sanders

BioResource and Agricultural Engineering

An algorithm is developed for real-time estimation of the cross-sectional average velocity of a channel flow by using an upward-looking pulsed wave acoustic Doppler velocity meters (ADVM). The Velocity Contour Weighting Method (VCWM) is applicable to gradually varied flows in prismatic channels and requires little to no calibration. VCWM estimates the average velocity as a weighted average of ADVM bin velocities. Weights are based on the velocity distribution sampled by the ADVM. Collectively, the VCWM is able to adapt to a wide range of channel geometry and roughness features. Expressions for the velocity weights are developed by first applying a …

Nebraska’S Entrepreneur Acceleration System, Marilyn R. Schlake

Cornhusker Economics

On December 8, 2011, 120 Nebraska business owners will complete their first year enrollment in the Entrepreneur Acceleration System (EAS). The program encourages the growth of a business by creating value-based relationships with customers through engaged employees, leading to economic growth and job creation. It was offered in partnership with Gallup, Inc., University of Nebraska- Lincoln Institute of Agriculture and Natural Resources, Nebraska Department of Economic Development and the Greater Omaha Chamber of Commerce.

Twenty-six individuals from various Nebraska communities and business backgrounds were selected to participate in the EAS mentor training at the Gallup Campus in Omaha, in the …

Equity Redemption Practices Of Nebraska Farmer Cooperatives, Jeffrey S. Royer

Cornhusker Economics

The ability of a cooperative to redeem the equities of members and former members depends on its particular business and financial characteristics. However, data on the equity redemption practices of other cooperatives can provide useful benchmarks for assessing a cooperative’s equity redemption performance. A recent U.S. Department of Agriculture (USDA) report based on a 2008 survey of 792 farmer, rancher, and fishery cooperatives offers valuable information about the equity redemption practices of cooperatives according to organizational form, major business activity, asset size, and geographic location. In particular, the report contains some information specific to Nebraska cooperatives.

In 2008, there were …

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Cornhusker Economics

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The Increasing World Population: A Call For Entrepreneurial Leadership And Innovation, Connie Reimers-Hild

Cornhusker Economics

According to the United Nations, the world’s population hit seven billion on October 31, 2011. The United Nations is projecting the world population to reach 9.3 billion by 2050. The new population landmark set off alarms in governments and organizations around the world. Most of the growth will occur in the poorest and least developed regions of the world, which already must work to resolve issues related to shortages of quality food, soil, air and water. Many people living in these countries also lack access to education, healthcare and global political capital.

More developed countries face many of the same …

Public Opinion And Food Animal Welfare, Randolph L. Cantrell

Cornhusker Economics

In the October 12, 2011 edition of Cornhusker Economics, Professor Dave Aiken brought us up to date on the issue of food animal welfare as it might affect Nebraska agriculture. His update was rendered out of date a mere six days later when the Nebraska Farmers’ Union (NEFU) and the Humane Society of the United States (HSUS) announced an agreement and the formation of a new advisory body, the Nebraska Agricultural Council of the Humane Society of the United States. The stated goal of the new organization is “To advance more humane practices on farms and ranches and to …

The Economic Returns To U.S. Public Agricultural Research, Julian M. Alston, Matthew A. Anderson, Jennifer S. James, Phillip G. Pardey

Agribusiness

We use newly constructed state-specific data to explore the implications of common modeling choices for measures of research returns. Our results indicate that state-to-state spillover effects are important, that the research and development lag is longer than many studies have allowed, and that misspecification can give rise to significant biases. Across states, the average of the own-state benefit-cost ratios is 21:1, or 32:1 when the spillover benefits to other states are included. These ratios correspond to real internal rates of return of 9 or 10 per annum, much smaller than those typically reported in the literature, partly because we have …

Promoting Land Conservation In The Coastal Watershed Through Local Faces, Special Places, Brian Hart

PREP Reports & Publications

The Piscataqua Region Estuaries Partnership provided nearly $3,300.00 to support the Southeast Land Trust of New Hampshire’s (SELTNH) promotion of donated conservation easements in the coastal watershed of Rockingham County. The Southeast Land Trust produced three short web-friendly videos, explaining land conservation from the perspective of a tree farmer, vineyard owner, and a community leader. In addition, the Land Trust hosted two workshops in Kingston and Epping for landowners interested in learning more about the tax and financial benefits of land conservation. Workshop invitations were mailed to more than 1,200 current use landowners within the region. Twenty-two landowners attended the …

What Do We Do With All This Carbon?, Benjamin Eigbrett

Op-Eds from ENSC230 Energy and the Environment: Economics and Policies, Fall 2011

No abstract provided.

Urban Sprawl, Noah Philson

Op-Eds from ENSC230 Energy and the Environment: Economics and Policies, Fall 2011

No abstract provided.

No Means No, Mr. President, Danny Martin

Op-Eds from ENSC230 Energy and the Environment: Economics and Policies, Fall 2011

No abstract provided.

Ethanol's Impact On Nebraska's Economy, Kasey Rathke

Op-Eds from ENSC230 Energy and the Environment: Economics and Policies, Fall 2011

No abstract provided.