EQUILIBRIUM VERSUS DISEQUILIBRIUM IN THE MARKET FOR NON-FED CATTLE

Beef-cow inventory demand is considered in a disequilibrium model of the U.S. live non-fed cattle market. Statistical results indicated the possible presence of disequilibrium prices. However, post-model evaluation indicated that the market for non-fed cattle has not been characterized by significant disequilibrium price behavior.Demand and Price Analysis, Livestock Production/Industries,

POPULATION-SPECIFIC RECREATION DEMAND MODELS AND THE CONSEQUENCES OF POOLING SAMPLE DATA

This paper considers the implications of different geographical population definitions in analysis of demand for wildlife recreation. Demand functions for fishing, small game hunting, big game hunting, and wildlife enjoyment are estimated for individual Southeastern states and also for a pooled sample of all the states. Statistically significant differences between the state and regional estimates of the variable cost coefficient exist in 18 of the 40 cases. Consumer surplus values derived from state cost coefficients can differ greatly from values derived from pooled coefficients.Resource /Energy Economics and Policy,

RESEARCH PRODUCTIVITY AND SELECTED CHARACTERISTICS OF AGRICULTURAL ECONOMICS RESEARCH AND TEACHING FACULTY IN THE SOUTHERN REGION

Teaching/Communication/Extension/Profession,

GRANGER CAUSALITY AND U.S. CROP AND LIVESTOCK PRICES

Agricultural economists have recently been attracted to procedures suggested by Granger and others which allow observed data to reveal causal relationships. Results of this study indicate that "causality" tests can be ambiguous in identifying behavioral relationships between agricultural price variables. Caution is suggested when using such procedures for model choice.Demand and Price Analysis,

ASSESSMENT OF JOURNALS USED BY AGRICULTURAL ECONOMISTS AT LAND-GRANT UNIVERSITIES

Agricultural economists at land-grant universities were surveyed to evaluate the use and assessment of professional journals. Faculty rankings of journals are reported along with faculty perceptions of changes in the quality of selected journals. Of 25 journals used by agricultural economics faculties, the Southern Journal of Agricultural Economics ranked first among regional agricultural economics journals in personal usefulness, subscriptions held, papers submitted, papers published, and participation in the editorial and review processes. The SJAE was also ranked as the second most improved journal among all journals evaluated.Teaching/Communication/Extension/Profession,

HOUSEHOLD DEMAND FOR FRESH POTATOES: A DISAGGREGATED CROSS-SECTIONAL ANALYSIS

A model of household fresh potato consumption incorporating prices, income, family size and other socioeconomic effects is estimated by maximum likelihood Tobit procedures. The effects of truncation bias due to non-purchasing households are evaluated and decompositions of the Tobit elasticities are performed for various sub-groups of the data. The market development implications of this type of disaggregated commodity analysis are explored.Demand and Price Analysis, Food Consumption/Nutrition/Food Safety,

A REVIEW OF CONTRIBUTIONS TO THE WESTERN JOURNAL OF AGRICULTURAL ECONOMICS: 1977-81

In this study a complete survey of all WJAE articles was conducted. The 158 titles that have appeared in the WJAE as of December 1981 are categorized by institutional category, authorship affiliation, and subject category. These results are compared to similar studies concerning the SJAE and AJAE. Our findings indicate that the WJAE has a broad range of contributors and is not dominated by any one institution, author, or group of authors. We feel that these and other interesting results are of general interest to all WJAE readers.Teaching/Communication/Extension/Profession,

A TOBIT MODEL OF THE DEMAND FOR FARMLAND

Land Economics/Use,

ASSESSMENT OF JOURNALS USED BY AGRICULTURAL ECONOMISTS AT LAND-GRANT UNIVERSITIES

Agricultural economists at land-grant universities were surveyed to evaluate the use and assessment of professional journals. Faculty rankings of journals are reported along with faculty perceptions of changes in the quality of selected journals. Of 25 journals used by agricultural economics faculties, the Southern Journal of Agricultural Economics ranked first among regional agricultural economics journals in personal usefulness, subscriptions held, papers submitted, papers published, and participation in the editorial and review processes. The SJAE was also ranked as the second most improved journal among all journals evaluated