6 research outputs found

    Traceability in Food Systems: An Economic Analysis of LGMA and the 2006 Spinach Outbreak

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    This case study presents an in-depth review of network structures and costs associated with the implementation of traceability systems in California leafy green production, distribution, and retailing. The 2006 spinach outbreak is used to assess the economic impact of trace back/forward response time of the LGMA system, an example of a tightly coupled, linear supply network. Results suggest that the benefits of traceability systems may far outweigh the costs and that costs vary significantly by technology used and by grower size. Implications are derived for cost-effectiveness of rapid response, targeted trace back/forward systems in other types of supply networks.traceability, produce, supply networks, cost-effectiveness, Food Consumption/Nutrition/Food Safety, Production Economics, Q18, I18, L51,

    Issues in Credit Risk Assessment in Agricultural Credit Markets

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    217 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2003.Four explanatory variables: DA, wcVFP, ROA, and TDCLR are selected based on different criteria to determine the creditworthiness of borrowers. Predictability of the estimated model for default is compared with the actual data. Classification accuracy is utilized with the discrete models, while RMSE is used with the continuous models. The importance of the estimated models is also examined by the marginal effects of the explanatory variables on the probability of default.U of I OnlyRestricted to the U of I community idenfinitely during batch ingest of legacy ETD

    Issues in Credit Risk Assessment in Agricultural Credit Markets

    No full text
    217 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2003.Four explanatory variables: DA, wcVFP, ROA, and TDCLR are selected based on different criteria to determine the creditworthiness of borrowers. Predictability of the estimated model for default is compared with the actual data. Classification accuracy is utilized with the discrete models, while RMSE is used with the continuous models. The importance of the estimated models is also examined by the marginal effects of the explanatory variables on the probability of default.U of I OnlyRestricted to the U of I community idenfinitely during batch ingest of legacy ETD

    Analyzing Total Factor Productivity Effects of Agricultural Policies and Climate Change Using Production Function Models

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    Our global agricultural economy is challenged with serving the nutritional needs of nine billion people by the year 2050. An estimated seventy-percent increase in agricultural production capacity is needed over the next thirty-five years to balance the growth trends of worldwide food supply and demand. To investigate fundamental aspects of this challenge, we utilize a USDA-ERS production model (2003)i and an OECD model of sustainable growth to examine the economic factors required for sustainable Total Factor Productivity (TFP) growth.ii We also review the effects of alternative institutional approaches, research funding policies, new technologies and climate change effects as critical determinants of global TFP growth rates required to meet growing worldwide food demands

    Using Sustainability Indicators to Evaluate the Economic, Social and Environmental (ESE) Effects of Alternative Shrimp Production Systems

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    Samuel-Fitwi, et al. (2012) observe that global aquacultural production increased forty-times between 1957 and 2008. Advancing aquacultural technologies and management practices contributed to these dramatic increases. Rising global aquacultural output also necessitates producers to allocate limited resources to satisfy accelerating global fishery food demand. Gains in aquacultural output consequently generate market-external effects. Adverse externalities influence social, economic and environmental (ESE) welfare on a local, regional and global scale. Competitive aquacultural shrimp production practices include extensive, semi-intensive and intensive systems (Hatch and Tai, 1997). Our research examines the ESE sustainability of alternative shrimp production systems. Utilizing Valenti, et al.’s (2018) methodologies, we evaluate shrimp aquaculture systems across a range of ESE sustainability indicators. We also review a case study of an intensive system (known as trū® Shrimp) where advanced techniques and management practices alter the current and future ESE effects of shrimp production. We assess the efficacy of using sustainability-indices to investigate gains or shortfalls associated with alternative shrimp production-systems. We utilize our research results to suggest management practices for shrimp aquaculture that are economically, socially and environmentally sustainable

    Traceability in Food Systems: An Economic Analysis of LGMA and the 2006 Spinach Outbreak

    No full text
    This case study presents an in-depth review of network structures and costs associated with the implementation of traceability systems in California leafy green production, distribution, and retailing. The 2006 spinach outbreak is used to assess the economic impact of trace back/forward response time of the LGMA system, an example of a tightly coupled, linear supply network. Results suggest that the benefits of traceability systems may far outweigh the costs and that costs vary significantly by technology used and by grower size. Implications are derived for cost-effectiveness of rapid response, targeted trace back/forward systems in other types of supply networks
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