Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie最新文献

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On the economics of meat processing, livestock queuing, and worker safety 关于肉类加工、牲畜排队和工人安全的经济学
IF 9 2区 经济学
Bruno Larue
{"title":"On the economics of meat processing, livestock queuing, and worker safety","authors":"Bruno Larue","doi":"10.1111/cjag.12303","DOIUrl":"10.1111/cjag.12303","url":null,"abstract":"<p>Meat processing plants use inputs in fixed proportions, but these proportions vary with plant size. Shocks to the supply of labor and livestock induce allocative inefficiency, output reductions, and higher unit costs of production. Both labor conflicts and the pandemic caused long labor shortages resulting in unused capacity and large livestock queues. Industry concentration and vertical integration can mitigate some of these problems by internalizing queuing costs and by reallocating workers across plants. Daily shocks make plants operate with either too many workers or too many live animals. Larger plants choose to be labor-constrained more frequently, creating a trade-off between wages and safety for workers.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"70 1","pages":"63-72"},"PeriodicalIF":9.0,"publicationDate":"2022-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86365525","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Grassland easement evaluation and acquisition with uncertain conversion and conservation returns 转换与保护收益不确定的草地地役权评估与取得
IF 9 2区 经济学
Ruiqing Miao, David A. Hennessy, Hongli Feng
{"title":"Grassland easement evaluation and acquisition with uncertain conversion and conservation returns","authors":"Ruiqing Miao,&nbsp;David A. Hennessy,&nbsp;Hongli Feng","doi":"10.1111/cjag.12302","DOIUrl":"10.1111/cjag.12302","url":null,"abstract":"<p>We develop an analytical framework to examine an agency's optimal grassland easement acquisition while accounting for landowners’ optimal decisions under uncertainty in both conversion and conservation returns. We derive the value of “wait and see” (i.e., neither convert nor ease grassland) for landowners and find that grassland-to-cropland conversion probability and easement value vary in opposing directions when “wait and see” is preferred, indicating that a larger conversion probability does not necessarily imply a higher easement value. Our analysis shows that when conservation funds can be flexibly allocated across periods then the agency's optimal acquisition can be readily achieved by sorting land tracts according to their owners’ optimal choices. When funds cannot be flexibly allocated across periods, we examine both a rational agency's and a myopic agency's decision problems. An acquisition index is developed to facilitate optimal easement acquisition.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"70 1","pages":"41-61"},"PeriodicalIF":9.0,"publicationDate":"2022-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72976014","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Spatially explicit modeling of wetland conservation costs in Canadian agricultural landscapes 加拿大农业景观中湿地保护成本的空间显式建模
IF 9 2区 经济学
Eric Asare, Lloyd-Smith Patrick, Belcher Kenneth
{"title":"Spatially explicit modeling of wetland conservation costs in Canadian agricultural landscapes","authors":"Eric Asare,&nbsp;Lloyd-Smith Patrick,&nbsp;Belcher Kenneth","doi":"10.1111/cjag.12301","DOIUrl":"10.1111/cjag.12301","url":null,"abstract":"<p>Agriculture is an important source of food, employment, and tax revenue to society. However, agricultural expansion is an important driver of global natural ecosystem degradation, including wetlands. Economic theory shows that wetland loss is caused by a mismatch between the private wetland conservation costs borne by landowners and the public benefits generated. We develop a spatially explicit wetland management model to estimate the private economic benefit of wetland drainage in an agricultural landscape in Alberta, Canada. We estimate a full wetland supply curve and show that the private economic benefits of wetland drainage are highly heterogeneous within a watershed. We then combine these private costs of wetland conservation with non-monetary measures of public ecosystem benefits to assess four wetland conservation policy targeting scenarios. We find a positive correlation between the opportunity cost of wetland conservation on private landowners and the amount of environmental benefits wetlands offer, suggesting that conserving the wetlands that impose the lowest opportunity cost may not be optimal targets for wetland conservation policy. We contribute to wetland conservation economics by demonstrating that targeted wetland conservation policies can be more effective than a uniform conservation policy that assumes wetlands within agricultural landscapes have the same costs and benefits.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"70 1","pages":"5-19"},"PeriodicalIF":9.0,"publicationDate":"2021-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91301218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Quality forecasts: Predicting when and how much markets value higher-protein wheat 质量预测:预测市场何时以及在多大程度上重视高蛋白小麦
IF 9 2区 经济学
Anton Bekkerman
{"title":"Quality forecasts: Predicting when and how much markets value higher-protein wheat","authors":"Anton Bekkerman","doi":"10.1111/cjag.12300","DOIUrl":"10.1111/cjag.12300","url":null,"abstract":"<p>Wheat markets stand out among other major crop commodity markets because pricing at the first point of exchange—typically a grain handling facility—is differentiated on specific quality characteristics. Moreover, the premiums and discounts that elevators offer to obtain grain of specific quality can be significant. The relative importance of quality premiums and discounts to farm-level production and marketing decisions demonstrate a need to quantitatively measure and explain factors that affect elevators' wheat-quality pricing decisions. This study develops an informed expectation model of elevators' quality-based pricing strategies and empirically estimates the model from a lengthy dataset of weekly price observations. I find empirical evidence that elevators use linear pricing schedules, but more aggressively discount wheat with protein levels lower than a baseline than reward higher-protein wheat. The results also indicate that weather characteristics, futures contract price indicators, and USDA Crop Progress reports are contributors to predicting the new crop protein premiums and discounts, and that out-of-sample accuracy for predicting how grain elevators will value wheat protein ranges between 70% and 80%.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"69 4","pages":"465-490"},"PeriodicalIF":9.0,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79240174","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Minimum information management and price-abundance relationships in a fishery 渔业的最小信息管理和价格丰度关系
IF 9 2区 经济学
Akbar Marvasti, Sami Dakhlia
{"title":"Minimum information management and price-abundance relationships in a fishery","authors":"Akbar Marvasti,&nbsp;Sami Dakhlia","doi":"10.1111/cjag.12299","DOIUrl":"10.1111/cjag.12299","url":null,"abstract":"<p>We explore the information content of dockside prices and fishing costs in the estimation of stock abundance. Our approach is two-pronged: we first examine whether the implied biomass, that is, the biomass that is consistent with a simple microeconomic model calibrated with observed prices and costs, offers an approximation of actual stock assessments—both agree over the first 20 years of observation, but diverge over the last five. In a second approach, we use annual data in Vector Autoregressive (VAR), Bayesian VAR (B-VAR), and Vector Error Correction (VEC) frameworks and add monthly data in a mixed-frequency data analysis including Mixed-Frequency Bayesian VAR (MF-BVAR) and Mixed-Data Sampling (MIDAS) frameworks for log-differenced time series. Parameter uncertainties are addressed through Bayesian regression and forecasting methods. We find a statistically significant correlation between biometric estimates and changes in a price-based indicator that is robust to the inclusion of confounding factors. We conclude that the combination of price data and per-trip landings, when interpreted with care, can serve as a complementary, but comparatively affordable and timely, source of information for stock assessments.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"69 4","pages":"491-518"},"PeriodicalIF":9.0,"publicationDate":"2021-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/cjag.12299","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83292062","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The impact of price hedging on subsidized insurance: Evidence from Canada 价格对冲对补贴保险的影响:来自加拿大的证据
IF 9 2区 经济学
Peter Slade
{"title":"The impact of price hedging on subsidized insurance: Evidence from Canada","authors":"Peter Slade","doi":"10.1111/cjag.12298","DOIUrl":"10.1111/cjag.12298","url":null,"abstract":"<p>This article examines the effect of price hedging on publicly subsidized insurance. Theoretically, the effect of hedging is found to have an ambiguous effect on the incentive to purchase revenue insurance. A simulation is used to analyze the relationship between hedging and the Canadian AgriStability program in three regions in Saskatchewan. AgriStability is a margin insurance product, though in the simulation I hold input use constant, allowing the program to operate as if it were revenue insurance. Hedging is found to substantially reduce enrolment in AgriStability in each region. Furthermore, in some simulations the benefits that producers receive from AgriStability are smaller than the value of government subsidies. The results offer an explanation for low participation in AgriStability and show that the risk-reducing effect of AgriStability is moderated by the ability of crop producers to hedge price risk through other means.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"69 4","pages":"447-464"},"PeriodicalIF":9.0,"publicationDate":"2021-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/cjag.12298","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88872482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The hold-up problem in China's broiler industry: Empirical evidence from Jiangsu Province 中国肉鸡行业的滞留问题:来自江苏省的实证证据
IF 9 2区 经济学
Shufen Tang, Yuqing Zheng, Taiping Li, Li Zhou
{"title":"The hold-up problem in China's broiler industry: Empirical evidence from Jiangsu Province","authors":"Shufen Tang,&nbsp;Yuqing Zheng,&nbsp;Taiping Li,&nbsp;Li Zhou","doi":"10.1111/cjag.12297","DOIUrl":"10.1111/cjag.12297","url":null,"abstract":"<p>Using detailed survey data on broiler growers, we tested for the existence of hold-up problems in the broiler industry in Jiangsu Province, China. We found that growers’ investments in chicken houses, which are assets with a high degree of physical and location specificity, increased along with the number of potential buyers (integrators) nearby. Such an effect was particularly strong in proximity to leading industry buyers. These results support the existence of hold-ups in the Chinese broiler industry. However, we failed to find evidence that a longer-term contract led to higher grower investments in chicken houses, possibly because of the lack of a minimum purchase guarantee in a typical contract. A key policy implication of this study is that subsidies to growers, from the government or buyers, can alleviate the underinvestment problem caused by hold-ups.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"69 4","pages":"539-554"},"PeriodicalIF":9.0,"publicationDate":"2021-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/cjag.12297","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74143643","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Prices for a second-generation biofuel industry in Canada: Market linkages between Canadian wheat and US energy and agricultural commodities 加拿大第二代生物燃料产业的价格:加拿大小麦与美国能源和农产品之间的市场联系
IF 9 2区 经济学
Curtis McKnight, Feng Qiu, Marty Luckert, Grant Hauer
{"title":"Prices for a second-generation biofuel industry in Canada: Market linkages between Canadian wheat and US energy and agricultural commodities","authors":"Curtis McKnight,&nbsp;Feng Qiu,&nbsp;Marty Luckert,&nbsp;Grant Hauer","doi":"10.1111/cjag.12295","DOIUrl":"10.1111/cjag.12295","url":null,"abstract":"<p>The production of biofuels is limited in Canada, but the availability of wheat straw as a second-generation (i.e., cellulosic) feedstock is an exciting prospect for the future development of a biofuel industry. The future success of such a biofuel industry will depend on future ethanol prices and prices related to wheat straw. These prices are likely to be influenced by markets related to the existing first-generation ethanol industry in the United States. Therefore, the motivation of this paper is to investigate relationships between Canadian wheat prices and US corn, ethanol, and gasoline prices. We employ a DCC-MGARCH enhanced VEC model to investigate time-varying relationships among these markets. Results indicate that there are positive relationships between wheat and corn, ethanol and corn, and wheat and ethanol markets. Our results add to a better understanding of the level of integration between select Canadian agricultural markets and US energy markets. More specifically, the price relationships identified highlight several sources of price risk that may affect the financial success of commercially producing second-generation ethanol from wheat straw in Canada. This information will be of particular interest to prospective industry investors and policymakers.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"69 3","pages":"337-351"},"PeriodicalIF":9.0,"publicationDate":"2021-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/cjag.12295","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90613174","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Investment in research and development and export performances of Canadian small and medium-sized agri-food firms 加拿大中小型农业食品企业的研发投资和出口业绩
IF 9 2区 经济学
Lota D. Tamini, Aristide B. Valéa
{"title":"Investment in research and development and export performances of Canadian small and medium-sized agri-food firms","authors":"Lota D. Tamini,&nbsp;Aristide B. Valéa","doi":"10.1111/cjag.12296","DOIUrl":"10.1111/cjag.12296","url":null,"abstract":"<p>The objective of this study is to analyze the impact of research and development (R&amp;D) investment on the export performance of Canadian agrifood small and medium-sized enterprises (SMEs) and on that of related sectors, namely, the textile and clothing sector and the manufacture of leather goods and similar products. First, we analyzed explanatory factors for R&amp;D expenses, and then, we analyzed the impact of R&amp;D on extensive (market access) and intensive (trade value) margins of trade using a difference-in-differences approach. We used data obtained from the Statistics Canada's National Accounts Longitudinal Microdata File (NALMF) for 2010–2015 and the Trade by Exporter Characteristics (TEC) database. The size of firms and their support from the Canadian government affect their propensity to invest in R&amp;D and the amount of R&amp;D expenses and their intensity, measured as the ratio of R&amp;D to sales of goods and services. Overall, our results show that investment in R&amp;D has a positive impact on the export performance of agrifood SMEs; the impact is smaller when the destination is one of the states in the United States.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"69 3","pages":"311-336"},"PeriodicalIF":9.0,"publicationDate":"2021-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/cjag.12296","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85172225","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Learning from neighboring farmers: Does spatial dependence affect adoption of drought-tolerant wheat varieties in China? 向周边农户学习:空间依赖是否影响中国耐旱小麦品种的采用?
IF 9 2区 经济学
Hongyun Zheng, Wanglin Ma, Gucheng Li
{"title":"Learning from neighboring farmers: Does spatial dependence affect adoption of drought-tolerant wheat varieties in China?","authors":"Hongyun Zheng,&nbsp;Wanglin Ma,&nbsp;Gucheng Li","doi":"10.1111/cjag.12294","DOIUrl":"10.1111/cjag.12294","url":null,"abstract":"<p>The adoption of improved crop varieties, such as drought-tolerant varieties, plays a crucial role in addressing climate change. In this study, we explore how and to what extent spatial interactions between farmers and neighboring farmers affect the adoption of drought-tolerant wheat varieties (DTWVs), using data collected from rural households in China. A spatial Durbin probit model is utilized to identify the spatial patterns in DTWVs adoption. Results show that spatial dependence exists in DTWVs adoption. Spatial dependence is positively associated with wheat farmers’ DTWVs adoption decisions, and the spatial effects mainly arise from the neighboring farmers’ adoption decisions and information spillover via smartphone use and extension service contacts. Further analysis reveals that DTWVs adoption improves farm performance by increasing both wheat yields and farm profits significantly. Our findings underscore the necessity of considering spatial interactions between farmers when designing and promoting innovative agricultural technologies in rural areas.</p>","PeriodicalId":55291,"journal":{"name":"Canadian Journal of Agricultural Economics-Revue Canadienne D Agroeconomie","volume":"69 4","pages":"519-537"},"PeriodicalIF":9.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/cjag.12294","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81731965","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 10
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