Recently added articles from Agricultural and Resource Economics Review:
Outstanding Master's Thesis Award: The Impact of Wal-Mart Supercenters on Incumbents' Pricing Conduct: The Case of the Dallas/Fort Worth Milk Market
Oct 01, 2008; ... As the largest food retailer in the world, Wal-Mart has been a driving force in the metamorphosis of the food-retailing industry. Bringing back the general store format, via its Supercenters, allows it to take advantage of both economies of scale and scope. Due to its expert logistics system, ...
Master's Thesis Award of Merit: Mortgage Termination and Risk Rating Migration at AgChoice Farm Credit
Oct 01, 2008; ... Mortgage termination and risk ratings migration are important when considering risk management at financial institutions. Mortgage termination can generally be of two types: default and prepayment. Data consisting of 1,094 fixed rate mortgages collateralized by farm real estate to dairy ...
Master's Thesis Award of Merit: Characterization of Public and Stakeholder Objectives in Environmental Management: The Application of Conjoint Analysis and Other Survey Tools to the Management of the Lamprey River
Oct 01, 2008; ... New Hampshire's rivers are critical economic, environmental, and cultural resources. Nonetheless, they remain vulnerable to development pressures, water withdrawals, siltation, channelization, or other changes that threaten wildlife habitat. Management plans for natural resources can be seen as ...
Distinguished Member Award
Oct 01, 2008; ... This award recognizes members who have made continuous and outstanding contributions to the Association, the region, and the profession. The award recognizes members for significant recent professional achievement in the context of an overall meritorious record. Recipients must be members in ...
NAREA Award for Outstanding Public Service Through Economics
Oct 01, 2008; ... This award was created to recognize and encourage contributions to the general public welfare. The intent is to recognize that agricultural, environmental, consumer, resource, or community development economics can be applied to solve important problems affecting the quality of life of the ...
Journal Article of the Year for 2007: Yield Reserve Program Costs in the Virginia Coastal Plain
Oct 01, 2008; ... ARER Vol. 36, No. 2, October 2007: 197-212) A proposed Yield Reserve Program designed to compensate farmers for any reduced yields resulting from nitrogen (N) application rates reduced to below recommended rates is evaluated. Assuming that farmers currently follow Extension ...
Modeling Recreational Amenities in an Urban Setting: Location, Congestion, and Substitution Effects
Oct 01, 2008; ... In this article, we introduce a recreational amenity-a greenbelt park-into a simple urban economic model. For multiple possible park placements, we solve for the associated equilibrium urban structure, including the equilibrium rent gradient, city boundary, total number of park visits, the ...
Simulated Trading for Maryland's Nitrogen Loadings in the Chesapeake Bay
Oct 01, 2008; ... We investigate nutrient trading for point and non-point sources for the Bay Restoration Fund in Maryland. We demonstrate how to use the proceeds from the tax revenue to mimic a market by trading high-cost upgrades of sewage treatment plants for low-cost winter cover crops. Under an optimistic ...
Illicit Agricultural Trade
Oct 01, 2008; ... Agricultural and wildlife trade is subject to sudden, disruptive import restrictions arising from concerns over sanitary and phytosanitary safety and the conservation of natural resources. These restrictions can create significant international price differences that encourage the smuggling of ...
Variation in Environmental Regulations in California and Effects on Dairy Location
Oct 01, 2008; ... In recent decades, urban encroachment and increasing environmental regulation have impacted California's dairy industry. A complicated set of environmental legislation affects dairies in the state, and can differ depending on location, creating the possibility for within-state pollution havens ....
Exchange Rates, Foreign Income, and U.S. Agricultural Exports
Oct 01, 2008; ... While it is generally accepted that change in the real value of the dollar is an important determinant of exports, it has not been rigorously demonstrated that this relationship, derivable from theory, holds empirically for agricultural exports and the components of agricultural exports ....
The Bargaining Strength of a Milk Marketing Cooperative
Oct 01, 2008; ... As a result of economies of size, food processors are generally large and few in number. These characteristics put processors at a bargaining advantage over independent farmers. Marketing cooperatives were established to counter the uneven bargaining position of individual farmers. This article ...
Evaluating Labor Productivity in Food Retailing
Oct 01, 2008; ... Competition from new store formats including supercenters, warehouse clubs, and mass merchandisers has emerged as a major threat to traditional grocery chains. A primary objective of this paper is to understand how the store-level performance is related to the workforce composition of full-time ...
Investing in Methane Digesters on Pennsylvania Dairy Farms: Implications of Scale Economies and Environmental Programs
Oct 01, 2008; ... A stochastic capital budget was used to analyze the effect of net metering policies and carbon credits on profitability of anaerobic digesters on dairy farms in Pennsylvania. We analyzed three different farm sizes-500, 1,000, and 2,000 cows-and considered the addition of a solids separator to ...
An Examination of Inverse Demand Models: An Application to the U.S. Crawfish Industry
Oct 01, 2008; ... This study analyzes quantity impacts of imported crawfish tailmeat on Louisiana crawfish tailmeat prices, and demonstrates the statistical validity and proper interpretation of cross substitution within inverse demand systems. Among five inverse demand systems, the Differential Inverse National ...
Economic Impacts of the U.S. Soybean Aphid Infestation: A Multi-Regional Competitive Dynamic Analysis
Oct 01, 2008; ... We estimated the economic benefits resulting from controlling soybean aphid infestation by using a multi-regional competitive dynamic equilibrium model. Results indicate that the reduction of soybean production resulting from a soybean aphid infestation is largely absorbed by reducing soybean ...
Do Production Contracts Raise Farm Productivity? An Instrumental Variables Approach
Oct 01, 2008; ... Estimating how the use of production contracts affects farm productivity is difficult when unobservable factors are correlated with both the decision to contract and productivity. To account for potential selection bias, this study uses the local availability of production contracts as an ...
Advertising and U.S. Nonalcoholic Beverage Demand
Oct 01, 2008; ... As a first effort at modeling nonalcoholic beverage demand in a systemwide framework that includes bottled water, this article examines the impact of advertising on the demand for nonalcoholic beverages in the United States. We employed an AIDS (almost ideal demand system) model of five jointly ...