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SOUTHERN JOURNAL

OF

AGRICULTURAL

ECONOMICS

Volume 7, Number 2December 1975

Published by

Southern Agricultural Economics Association

SOUTHERN JOURNAL OF AGRICULTURAL ECONOMICS DECEMBER 1975

CONTENTS

1. A Non-Linear Programming Approach to Floodplain Management With Non-StructuralAlternatives

Jawahar L. KaulCleve E. Willis .................................. ................. 1

2. Household Solid Waste Associated With Food Consumption ActivitiesAbdullah A. SalehJoseph Havlicek, Jr .................................. .............. 9

3. An Advanced Method for Economic Threshold Determination: A Positive ApproachHovav TalpazRay E. Frisbie ...................... .............. ... 19

4. Financial Implications of Waste Management Systems for Shellfish ProcessingRonald M. NorthFred M . Lyda ...................................................... 27

5. Control of a Mobile Pest: The Imported Fire AntGerald A. Carlson .................................................. 35

6. Economic Impact of Mountain Pine Beetle on Outdoor RecreationE.L. Michalson ....................................... ............. 43

7. Estimating the Relative Rurality of U.S. CountiesBlair J. SmithDavid W. Parvin, Jr. ............................................... 51

8. Regional Input-Output Models Adjusted by Import-Export Survey DataBill R. MillerPeng Li Liu ....................................................... 61

9. Measuring Productivity Change in U.S. AgricultureY ao-Chi Lu ....................................................... 69

10. The Impact of Property Tax Equalization on Rural Property in OklahomaH. Evan Drummond ................................................ 77

11. A Simulation Analysis of Alternative Target Price and Loan Rate CombinationsDaryll E. RayMilton H. EricksenJames W. Richardson .............................................. 85

12. An Enterprise Competition Analysis of Beef Production in the SouthJames E. NixNeil R. Martin, Jr.John W . Hubbard .................................................. 95

13. Assessment of Risk When Contract Crops are Included Among Other AlternativesJames B. KliebensteinJohn T. Scott, Jr. ................................. ..... 105

14. Objectives, Motives, Business Style, and Personal History - How They Relate toManagerial Success

Robert L. Oehrtman ................................................ 111

SOUTHERN JOURNAL OFAGRICULTURAL ECONOMICS

Volume 7, Number 2December, 1975

Copyright (c) 1975 by the Southern Agricultural Economics Association

1975-76 EDITORIAL COUNCIL

JOHN W. NIXON, University of Georgia, EditorW. LANNY BATEMAN, University of Georgia (Experiment)LARRY BAUER, University of TennesseeROBERT L. BECK, University of KentuckyHOWARD A. CLONTS, Auburn UniversityB.R. EDDLEMAN, University of FloridaJOSEPH HAVLICEK, Virginia Polytechnic Institute & State UniversityPAUL D. HUMMER, Oklahoma State UniversityJOHN P. KEUHN, West Virginia UniversityGENE A. MATHIA, North Carolina State UniversityDAVID W. PARVIN, JR., Mississippi State UniversityLEROY QUANCE, USDA, Washington, D.C.MARTIN REDFERN, University of Arkansas

1975-76 EXECUTIVE COMMITTEE

PRESIDENT ............................ .Henry J. Meenen, University of ArkansasPRESIDENT-ELECT ............... Richard A. King, North Carolina State UniversityFIRSTVICE-PRESIDENT ........... Vernon R. Eidman, Oklahoma State UniversitySECOND VICE-PRESIDENT . ........ James L. Pearson, USDA, Washington, D.C.SECRETARY-TREASURER ......... James H. Simpson, Mississippi State University

Southern Journal of Agricultural Economics is published in July and December by theSouthern Agricultural Economics Association.

Membership in the SAEA, consisting of persons and organizations having a professionalinterest in agricultural economics, includes subscription to the journal. Regular mem-bership dues are $6.00. Junior membership dues are $3.00.

The annual subscription rate for libraries and other institutions is $10.00. Single copiesof current issues are available to individuals at a price of $5.00.

Please address all subscription, membership and changes of address to James H.Simpson, Secretary-Treasurer of SAEA, Department of Agricultural Economics, Missis-sippi State University, State College, Mississippi 39762.

15. The Productivity of Agricultural Research and Extension Expenditures in the SoutheastLarry L. BauerCurtis R. Hancock ................................................. 117

16. Empirical Success Ratios in USDA Agricultural Utilization ResearchHarold B. Jones, Jr. ...................... .......................... 123

17. Interregional Price Flexibilities: An Application to the Fed Beef IndustryJamal KalantarRussell L. GumElmer L. Menzie ................................................... 129

18. The Adequacy of the Independence of Markets Assumption in Interregional CompetitionModels

W. Lanny Bateman ......... ....................................... 13519. Specification of the Impact of Socioeconomic Factors on Consumption of the Animal

and VegetableJohn AdrianRaymond Daniel ................................................... 141

20. Beef Grading and Imperfect CompetitionV. James Rhodes ................................................... 149

21. Private Labeling of Milk and the Impact on Market StructureRobert L. BeckRonald G. Alvis ........... ......................................... 155

22. Measuring Impact on Demand of Agricultural Commodity PromotionRonald RaikesWilliam Vollink ................................................... 161

23. Estimating the Structure of Time Lags Between Wholesale and Farm Prices for CottonseedM. Dean Ethridge .............. ............................. 169

24. Economic Impact of Federal Marketing Orders - The Florida Winter Tomato CaseJohn R. BrookerJames L. Pearson .................................................. 177

25. The Household Demand for Major Dairy Products in the Southern RegionWilliam T. Boehm .................................................. 189