Agribusiness : An International Journal

doi: 10.1002/1520-6297(198911)5:6<::AID-AGR2720050601>3.0.CO;2-Lpmid: N/A

Shideed, Kamil H.; White, Fred C.; Miller, Bill R.

doi: 10.1002/1520-6297(198911)5:6<541::AID-AGR2720050602>3.0.CO;2-Ppmid: N/A

This study develops and analyzes a conceptual model of inter‐industry economic flows for state economies with attention focused on the role of producing and processing of agricultural products in the overall economy. Three types of multipliers—impact, interim, and total multipliers—are estimated. These multipliers describe the initial, intermediate, and ultimate responses of the overall economy to changes in food and farm sectors.

Jones, Eugene; Batte, Marvin T.; Schnitkey, Gary D.

doi: 10.1002/1520-6297(198911)5:6<557::AID-AGR2720050603>3.0.CO;2-Dpmid: N/A

Several economic and socioeconomic factors are identified which influence farmers' demand for information. Many information sources are identified and categorized into general and specialized classes. Relevant economic and socioeconomic factors which impact these classes of information demands are: (1) farm size, (2) farm ownership, (3) off‐farm employment, (4) education, (5) innovativeness, (6) farm plans, and (7) farm enterprise type. A logit model is specified and estimated for each class of information and the results show major differences in the determinants of demand for general and specialized information. Results also show that information sources are generally ranked higher by larger farmers than by smaller farmers.

Lyon, Charles C.; Thompson, Gary D.; Fox, Roger

doi: 10.1002/1520-6297(198911)5:6<573::AID-AGR2720050604>3.0.CO;2-8pmid: N/A

In January 1985, rate‐of‐flow controls (“prorate”) for California—Arizona navel oranges were suspended for half the marketing season. This article compares the behavior of industry marketing margins during the deregulated period with that of regulated seasons in order to assess the impacts of the prorate suspension on the navel orange marketing system. Econometric results indicate that relative to subsequent regulated seasons, marketing margins contracted during the prorate suspension period. These results suggest that distributors did not exercise market power during the suspension period in order to maintain consumer prices at pre‐suspension levels while depressing grower prices.

Centner, Terence J.

doi: 10.1002/1520-6297(198911)5:6<597::AID-AGR2720050605>3.0.CO;2-Wpmid: N/A

Federal and state seed laws have been enacted to encourage the sale of quality seed, and buyers of defective seed may resort to state liability provisions to recover damages from sellers. This article analyzes the imposition of liability and allocation of damages for defective seed between buyers and sellers. Strict liability with opportunity damages is advanced as a preferred liability solution for defective seed, to the exclusion of causes of action in negligence.

Lee, Jonq‐Ying; Brown, Mark G.; Fairchild, Gary F.

doi: 10.1002/1520-6297(198911)5:6<607::AID-AGR2720050606>3.0.CO;2-Ipmid: N/A

This article examines the decay structure of advertising and the incorporation of advertising in systems of demand equations by scaling and translating methods. Under the assumption that a consumer's purchase of an advertised product is directly related to his/her recall of a specific advertisement, the decay effect of advertising for everyday products is a monotonic decreasing function of time. In the scaling model, advertising has a tendency to be more effective when demand is price elastic (inelastic) given a quantity augmenting (diminishing) type scaling impact. In the translating model, the impact of advertising is related to the marginal propensity to consume.

Lopez, Rigoberto A.; Henderson, Nona R.

doi: 10.1002/1520-6297(198911)5:6<619::AID-AGR2720050607>3.0.CO;2-Apmid: N/A

This article examines the determinants of location choices for new food processing plants using the results of a telephone survey. Six categories of business climate factors (market, infrastructure, labor, personal, environmental regulation, and fiscal policy) containing 41 specific location factors are considered. The survey responses are analyzed in their entirety, by types of raw products processed, and by plant size. Findings indicate that plant location choices are driven by market and infrastructural factors. Fiscal policies such as tax and development incentives are insignificant. Implications of the findings for devising incentive packages to attract new plants are given.

Hayes, Dermot J.

doi: 10.1002/1520-6297(198911)5:6<633::AID-AGR2720050608>3.0.CO;2-7pmid: N/A

The relative prices and methods of utilization of edible beef offals in the United States and the European Community (EC) are compared. The importance of the US‐EC beef offal trade is then discussed. This is followed by a historical overview of the current US‐EC dispute regarding hormone use. Finally, an assessment of the impact of an EC ban on edible beef offals is presented.