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The economics of commodity promotion in the hazelnut industry

The objective of this study was to evaluate the effect of commodity promotion activities on the United States' hazelnut farmer's economic welfare. Commodity promotion activities, such as generic advertising and research, are the responsibilities of government mandated commodity commissions, such as the Hazelnut Marketing Board (HMB). The HMB is a state mandated cartel, organized under the Agricultural Marketing Agreement Act of 1937 (i.e. the Marketing Order) and amended in 1981, 1986, and 1989 (7 CFR Part 982, FR Doc. 81-14045 FR Doc. 86-18438, FR Doc. 89-26187). HMB promotion activities are funded by taxes levied on U.S. hazelnut farmers. To ensure that promotion provides a net benefit to these farmers this research uses Cost-Benefit Analysis (CBA) of the assessments under various assumptions about the market's conditions. A non-linear system of equations (SEM) with Monte Carlo simulation was utilized to produce these estimates. / Graduation date: 2013

Identiferoai:union.ndltd.org:ORGSU/oai:ir.library.oregonstate.edu:1957/36595
Date10 December 2012
CreatorsMiller, Jason D.
ContributorsDurham, Catherine
Source SetsOregon State University
Languageen_US
Detected LanguageEnglish
TypeThesis/Dissertation

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