INCOME TAX EFFECTS ON BEEF COW REPLACEMENT STRATEGY

Livestock Production/Industries,

SELECTING FUNCTIONAL FORM IN PRODUCTION FUNCTION ANALYSIS

Functional form selection is a sometimes neglected aspect of applied research in production analysis. To provide an improved and uniform basis for form selection, a number of traditional and popular functional forms are catalogued with respect to intrinsic properties. Guidelines for the conduct of form selection are also discussed.Production Economics, Research Methods/ Statistical Methods,

EVALUATING USE OF OUTLOOK INFORMATION IN GRAIN SORGHUM STORAGE DECISIONS

This study examines grain sorghum storage decisions in the Texas Coastal Bend region. Decisions involving use and non-use of outlook information are compared using stochastic dominance criteria. Results indicate outlook information is of value to most classes of decision-makers. The value of outlook information, however, is contingent upon producers' risk preferences. The methodology presented could be used to evaluate a more extensive set of marketing strategies for grain sorghum as well as for other crops.Crop Production/Industries,

Estimation of Irrigation Water Demand: A Case Study for the Texas High Plains

On the Texas High Plains, water from the Ogallala aquifer is used to supplement irrigation requirements, since annual rainfall is below 20.5 in/ year. This study addresses land and water demand by testing the effects of water costs, crop prices, and technology on water use and crop production acreages.Ogallala, Irrigation, Water Demand, Technology, Agricultural and Food Policy, Production Economics,

SOME EFFECTS OF RICE QUALITY ON ROUGH RICE PRICES

Quality discounts and premiums for rough rice in Texas rice bid/acceptance markets are analyzed. The most important quality factors determining the value of rough rice are head yield and peck. A one percentage point reduction in peck damage raises the price received per hundredweight of rough rice by $.13 to$.68 across markets and years. Since peck damage can be reduced by controlling the rice stinkbug, evaluation of alternative methods for better control of this pest in Texas rice fields is needed.Demand and Price Analysis,

SCHEDULING INPUTS WITH PRODUCTION FUNCTIONS: OPTIMAL NITROGEN PROGRAMS FOR RICE

The problem of scheduling input applications can be examined by extending conventional production function analysis. Using appropriately designed agricultural experiments, it is possible to estimate production function parameters with alternative specifications for input timing (and amount). A study of nitrogen applications to rice is employed to illustrate scheduling via production functions. Alternative specifications and functional forms are simultaneously examined to determine the sensitivity of economic results to these factors. Sensitivity is found to be high, and this finding is hypothesized to be critical for other approaches to input scheduling as well.Crop Production/Industries,

INCORPORATING GOVERNMENT PROGRAM PROVISIONS INTO A MEAN-VARIANCE FRAMEWORK

E-V studies traditionally have relied on historical data to calculate returns and variance. Historical data may not fully reflect current conditions, particularly when decisions involve government-supported crops. This paper presents a method for calculating mean and variance using subjectively-estimated data. The method is developed for both government-supported and non-program crops. Comparisons to alternative methods suggest the approach provides reasonable accuracy.Agricultural and Food Policy,

EVALUATING APPROPRIATE RENTAL RATES FOR RICE ACREAGE

The levels and risk-free nature of rice market transition payments associated with the FAIR Act of 1996 have encouraged many rice landowners to reconsider their tenure contracts. A methodology for comparing landowners' decision to "self-operate" versus "rent to a tenant" is presented.Crop Production/Industries, Land Economics/Use,

An Optimal Control Framework to Address the Relationship between Water Resource Management and Water-Borne Health Impacts: Focus on the Texas Lower Rio Grande Valley

The objective of this study is develop a theoretical model that can evaluate two types of public health expenditures on water-borne health risks: water-related municipal services, an ex ante preventative measure against water-borne contamination, and medical treatment, an ex post treatment of the water-borne pollutant’s harmful effects on human health. The modeled community can allocate resources in either centralized-municipal water-services, point-of-use water-services, or medical intervention, with expenditures subject to a budget constraint. The movement of a water-borne illness through the community is modeled with a susceptible-infected-susceptible (SIS) disease framework. An optimization framework is developed, including a statement of the problem’s Hamiltonian and first-order-conditions. The first-order-conditions are discussed. Future work includes obtaining a numerical solution to the optimization problem.water, public health, rural development, dynamic optimization, Community/Rural/Urban Development, Resource /Energy Economics and Policy,

THE TEXAS RICE INDUSTRY COALITION FOR THE ENVIRONMENT (R.I.C.E.): MAIN POINTS FROM SIX FOCUS GROUPS

The Texas Rice Industry Coalition for the Environment (R.I.C.E.) was formed in February, 1995. Their stated mission is to build a coalition of interests to foster and strengthen relationships between the rice industry and the natural resources of our rice-producing area in Texas. In June, 1995, a series of six focus groups was conducted. These round table discussions involved two groups of producers (from the East Side and West Side of Houston), two groups of environmentalists in the Houston area, and two groups of non-farming Houstonians (adults and children). These focus groups were structured to elicit opinions from various viewpoints concerning the opportunities, challenges, and priorities of Texas R.I.C.E. The goal of the two producers focus groups conducted on the East Side and the West Side of Houston was to determine whether Texas R.I.C.E.'s activities were widely known and to ascertain producers' viewpoints on the coalition's priorities. Producers were agreed on their key concerns regarding compliance with environmental policy - they face a cost-price squeeze and therefore one-size-fits-all regulations are particularly burdensome. Water quality and quantity were most often mentioned as key factors in the continued viability of the rice industry in Texas. Producers recognize the natural synergy between rice production and waterfowl habitat enhancement, yet they are concerned because waterfowl habitat places increased demands on scarce water. Rice producers are concerned about the public being largely ignorant and uninterested in the environmental benefits of rice production, and they endorsed two-way education between rice producers and environmentalists. No clear consensus emerged in the focus group discussions about the role for Texas R.I.C.E. in lobbying. Some rice producers see education and lobbying as conflicting activities and would prefer for Texas R.I.C.E. to focus on education. Others were positive about collaborative opportunities between rice producers' lobbyists and environmental interest groups' lobbyists. The two environmental focus groups were a mix of bird-watchers, hunters, hikers and conservationists. These environmentalists had a good idea of where rice is grown in Texas and knew that rice production is declining in the state. Their major concerns about the environmental effects from rice production were water usage and water quality, agri-chemical runoff, food and habitat for migratory birds, and trade-offs concerning wetlands. In sum, they appreciated that rice production makes a positive contribution to waterfowl habitat. They were concerned that lost Texas rice acreage will be replaced with urban land uses, thus reducing wildlife habitat benefits. They viewed rice production as being environmentally friendly compared with other types of agricultural production, such as cotton farming. They were favorably impressed that rice producers were taking the initiative to form a coalition. They were anxious to work collaboratively and offered several concrete suggestions about forums and issues for educational campaigns. They suggested that consumptive and non-consumptive users of wildlife habitat (such as hunters and bird-watchers, respectively) should compensate private landowners for allowing access. They acknowledged problems with adversarial attitudes going both ways between environmentalists and rice producers; they brainstormed about how Texas R.I.C.E. could help break down barriers. The general public adult focus group, comprised of non-farming Houstonians, established a general interest and awareness concerning rice production. However, the Houstonians participating in this focus group were uninformed about the waterfowl habitat benefits associated with rice production. They offered positive endorsement of the Texas R.I.C.E. effort and expressed sincere (and specific) interests in educational programming. The general public children focus group included several children from the Clear Lake area south of Houston. These children exhibited a natural inquisitiveness and concern regarding the environment and food safety. They were largely ignorant of commercial agriculture, excepting several recollections of "visits to relatives' farms." They expressed considerable interest in more agricultural-related curriculum being incorporated into their science and/or social studies curricula.Environmental Economics and Policy,