The business literature and recent descriptive evidence show that exporting firms typically require the help of foreign trade intermediaries or need to set up own foreign wholesale affiliates. In contrast, conventional trade theory models assume that producers can directly access foreign consumers. This paper introduces intermediaries in an international trade model where producers differ with ...

The dramatic changes and volatility cow-calf production system input costs and calf values have many producers wondering about the value of heterosis in today’s beef industry pricing structure. Many producers are seeking ways to improve cow-calf production efficiency and profitability. Profitability may be enhanced by increasing the volume of production (i.e. the pounds of calves you market) an...

It is largely unknown how the process of microbial community assembly is affected by the order of species arrival, initial species abundances and interactions between species. A minimal way of capturing competitive abilities in a frequency-dependent manner is with an invasibility network specifying whether a species at low abundance can increase in frequency in an environment dominated by anoth...

price transmission is one of the most important factors that affects the producers, consumers and marketing agents’ welfare. market structure affects price transmission. asymmetric price transmission affects the marketing margin, increases marketing agents’ profit and decreases producers and consumers’ welfare. in recent years high prices of beef has caused consumers’ dissatisfaction however, p...

High calf and feeder cattle prices during the past couple of years have helped many of Missouri’s cowcalf producers achieve profitability. Even though many cattle producer’s operations are profitable, work should continue to improve the economic position of the farm or ranch. Profitability may be enhanced by increasing the volume of production (i.e. the pounds of calves you market) and/or the v...

We study the impact of learning by doing, learning spill-overs, and imperfect competition in a model with two types of electricity producers, an oligopolistic sector of polluting fossil-fuel utilities and a competitive fringe of non-polluting generators of electricity from renewable energy sources (RES-E). Furthermore we consider an upstream industry of RES-E equipment producers engaged in lear...

Our simulation considers producers in a competitive energy market. Risk averse producers face uncertainty about future carbon regulation. Investment decisions are a two-stage equilibrium problem. Initially, investment is made under regulatory uncertainty; then the regulatory state is revealed and producers realize returns. We consider taxes, grandfathered permits and auctioned permits and show ...