摘要:

AbstractThe profitability of cash discounts offered by farm supply firms in southern Illinois is determined using a net present value model. Results suggest that cash discounts may reduce the profitability of farm supply firms: Among the 33 agribusinesses whose cash discounts were analyzed, over one‐half had unprofitable cash discounts. The average cost to the firms with unprofitable cash discounts was $38,800. Firms with profitable cash discount policies added, on average, about $67,600 to their firms' total profits. It was found that reducing cash discount rates is a major way to improve the profitability of cash discount policie

ISSN:0742-4477    

DOI:10.1002/1520-6297(198903)5:2<87::AID-AGR2720050202>3.0.CO;2-6

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1989

数据来源: WILEY

摘要:

AbstractThe article describes various types of franchise contracts and franchise systems. It points out the merits and problems of franchising. A case study which demonstrates a success story in agribusiness franchising in West Africa is presented. Important implications of the case study for economic development of developing economies are indicated, and suggestions for improvement of the performance of franchise systems are also made. The article notes the paucity of research on agribusiness franchising in the developing economies and suggests the closure of this gap in knowledge.

ISSN:0742-4477    

DOI:10.1002/1520-6297(198903)5:2<95::AID-AGR2720050203>3.0.CO;2-2

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1989

数据来源: WILEY

摘要:

AbstractAttitudes of producers and buyers of farmers' stock peanuts toward different market alternatives were analyzed assuming the absence of the government support program. A multivariate probit model was used to ascertain profiles of producers favoring the private treaty market and the proposed organized markets. Results indicate that computerization of the private treaty market might serve as a basis for implementation of an organized market for farmers' stock peanuts.

ISSN:0742-4477    

DOI:10.1002/1520-6297(198903)5:2<107::AID-AGR2720050204>3.0.CO;2-9

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1989

数据来源: WILEY

摘要:

AbstractTransfer pricing and intra‐firm trade have been somewhat neglected in the agricultural economics literature. As multinational agribusiness firms (MNFs) gain importance as sources of foreign direct investment in developing countries and as players in international agricultural markets, the need for understanding the motives for and consequences of MNF practices also grows. The first part of this reviewidentifies the practices and issues associated with MNF transfer pricing. The second section reviews survey results on the objectives and influences affecting MNF transfer pricing decisions. The final section then summarizes the theoretical development of transfer pricing analysis in the economics literatur

ISSN:0742-4477    

DOI:10.1002/1520-6297(198903)5:2<121::AID-AGR2720050205>3.0.CO;2-6

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1989

数据来源: WILEY

摘要:

AbstractIn this article, a method for comparing various locations for a foreign investment is presented. The method requires several assumptions regarding the characteristics of a preferred location, and the variables that can be used to measure these characteristics. Multidimensional scaling is used to map the locations in such a way that proximity indicates similarity with regard to the preferred characteristics. The technique is applied to twenty Central American, South American, and Caribbean countries.

ISSN:0742-4477    

DOI:10.1002/1520-6297(198903)5:2<139::AID-AGR2720050206>3.0.CO;2-T

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1989

数据来源: WILEY

摘要:

AbstractOptions on cattle futures have expanded the realm of alternative marketing strategies available to cattle feeders. This study utilized actual feedlot data to compare the return distributions from 31 separate fed cattle marketing strategies using cash, futures, put option, and call option markets. The results indicate that different strategies are preferred depending upon the risk preferences of the cattle feeder and the length of the feeding period. In general, over the 1980 through 1985 period, cash, hedging, and in‐the‐money put option purchases dominated spread and fence strategies for risk averse age

ISSN:0742-4477    

DOI:10.1002/1520-6297(198903)5:2<153::AID-AGR2720050207>3.0.CO;2-Q

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1989

数据来源: WILEY

摘要:

AbstractAgribusinesses are focusing increased attention on linkages between the US agricultural sector and international economic variables. Increased dependency by the agribusiness sector on exports, greater variability in interest rates, and greater variability in exchange rates are illustrative of recent changes. Lead‐lag relationships between interest rates, exchange rates, and agricultural exports suggest strong relationships in the US and several industrialized nations. US interest rates often lead foreign exchange rates, while relationships between interest rate differentials and exchange rates are generally instantaneou

ISSN:0742-4477    

DOI:10.1002/1520-6297(198903)5:2<169::AID-AGR2720050208>3.0.CO;2-E

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1989

数据来源: WILEY

摘要:

AbstractFarmers should include risk in their marketing, management, and financial plan. This article describes a conceptual model of risk and a microcomputer model, presents output for a hypothetical farm and examines the effects of agricultural policy and futures price, basis and crop yield risk on the financial probability distribution. The model should be solved for specific farms; conclusions should not be based on averages. Although participation in agricultural programs improves the financial position for a farm, price signals among grain are distorted causing a misallocation of resources. Financial survival distributions vary with size of risk coefficients.

ISSN:0742-4477    

DOI:10.1002/1520-6297(198903)5:2<181::AID-AGR2720050209>3.0.CO;2-D

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1989

数据来源: WILEY

ISSN:0742-4477    

DOI:10.1002/1520-6297(198903)5:2<::AID-AGR2720050201>3.0.CO;2-3

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1989

数据来源: WILEY