Publications

Economics Department Working Papers

Dermot J. Hayes

CARD Working Papers

Dynamics of Biofuel Stock Prices: A Bayesian Approach
Author(s):   Xiaodong (Sheldon) Du, Dermot J. Hayes, Cindy Yu
Series:  CARD Working Paper #09-WP 498, September 1, 2009
[Abstract]  [Download PDF] 
Sensitivity of Carbon Emission Estimates from Indirect Land-Use Change
Author(s):   Jerome Dumortier, Dermot J. Hayes, Miguel A. Carriquiry, Fengxia Dong, Xiaodong (Sheldon) Du, Amani Elobeid, Jacinto F. Fabiosa, Simla Tokgoz
Series:  CARD Working Paper #09-WP 493, July 1, 2009
[Abstract]  [Download PDF] 
Towards an Integrated Global Agricultural Greenhouse Gas Model: Greenhouse Gases from Agriculture Simulation Model (GreenAgSiM)
Author(s):   Jerome Dumortier, Dermot J. Hayes
Series:  CARD Working Paper #09-WP 490, May 1, 2009
[Abstract]  [Download PDF] 
Speculation and Volatility Spillover in the Crude Oil and Agricultural Commodity Markets: A Bayesian Analysis
Author(s):   Xiaodong (Sheldon) Du, Cindy L. Yu, Dermot J. Hayes
Series:  CARD Working Paper #09-WP 491, May 1, 2009
[Abstract]  [Download PDF] 
Biofuels: Potential Production Capacity, Effects on Grain and Livestock Sectors, and Implications for Food Prices and Consumers
Author(s):   Dermot J. Hayes, Bruce A. Babcock, Jacinto F. Fabiosa, Simla Tokgoz, Amani Elobeid, Tun-Hsiang Yu, Fengxia Dong, Chad E. Hart, Edward Chavez, Suwen Pan, Miguel A. Carriquiry, Jerome Dumortier
Series:  CARD Working Paper #09-WP 487, March 1, 2009
[Abstract]  [Download PDF] 
A Welfare Analysis of the U.S. Ethanol Subsidy
Author(s):   Xiaodong (Sheldon) Du, Dermot J. Hayes, Mindy Baker
Series:  CARD Working Paper #08-WP 480 (Revised), November 1, 2008
[Abstract]  [Download PDF] 
Insuring Against Losses from Transgenic Contamination: The Case of Pharmaceutical Maize
Author(s):   David Ripplinger, Dermot J. Hayes, Susana Goggi, Kendall Lamkey
Series:  CARD Working Paper #08-WP 470, June 1, 2008
[Abstract]  [Download PDF] 
Inference Based on Alternative Bootstrapping Methods in Spatial Models with an Application to County Income Growth in the United States
Author(s):   Daniel C. Monchuk, Dermot J. Hayes, John Miranowski
Series:  CARD Working Paper #08-WP 471, June 1, 2008
[Abstract]  [Download PDF] 
Impact of Ethanol Production on U.S. and Regional Gasoline Prices and on the Profitability of the U.S. Oil Refinery Industry, The
Author(s):   Xiaodong Du, Dermot J. Hayes
Series:  CARD Working Paper #08-WP 467, April 1, 2008
[Abstract]  [Download PDF] 
Implied Objectives of U.S. Biofuel Subsidies
Author(s):   Ofir Rubin, Miguel A. Carriquiry, Dermot J. Hayes
Series:  CARD Working Paper #Working Paper 08-WP 459, February 1, 2008
[Abstract]  [Download PDF] 
Crop-Based Biofuel Production under Acreage Constraints and Uncertainty
Author(s):   Mindy Baker, Dermot J. Hayes, Bruce A. Babcock
Series:  CARD Working Paper #08-WP 460, February 1, 2008
[Abstract]  [Download PDF] 
Impact of the South Korea-U.S. Free Trade Agreement on the U.S. Livestock Sector
Author(s):   Jacinto F. Fabiosa, Dermot J. Hayes, Fengxia Dong
Series:  CARD Working Paper #07-WP 455, November 1, 2007
[Abstract]  [Download PDF] 
Analysis of Regional Economic Growth in the U.S. Midwest (An)
Author(s):   Daniel C. Monchuk, John Miranowski, Dermot J. Hayes, Bruce A. Babcock
Series:  CARD Working Paper #05-WP 392, April 1, 2005
Published In:   Review of Agricultural Economics , Vol. 29, 1, pp. 17-39, Spring, 2007
[Abstract]  [Download Published Article]
Welfare Impacts of Cross-Country Spillovers in Agricultural Research
Author(s):   Sergio H. Lence, Dermot J. Hayes
Series:  CARD Working Paper #07-WP 446, April 1, 2007
[Abstract]  [Download PDF] 
A Study of the Factors that Influence Consumer Attitudes Toward Beef Products Using the Conjoint Market Analysis Tool
Author(s):   Brian Mennecke, Anthony Townsend, Dermot J. Hayes, Steven Lonergan
Series:  CARD Working Paper #06-WP 425, August 1, 2006
Published In:   Journal of Animal Science , Vol. 85, 10, pp. 2639-2659, 2007
[Abstract]  [Download PDF]  [Download Published Article]
Collective Marketing Arrangements for Geographically Differentiated Agricultural Products: Welfare Impacts and Policy Implications
Author(s):   Sergio H. Lence, Stéphan Marette, Dermot J. Hayes, William Foster
Series:  MATRIC Working Paper #06-MWP 9, May 1, 2006
[Abstract]  [Download PDF] 
Insuring Eggs in Baskets: Should the Government Insure Individual Risks?
Author(s):   Chad E. Hart, Dermot J. Hayes, Bruce A. Babcock
Series:  CARD Working Paper #03-WP 339, July 1, 2003
Published In:   Canadian Journal of Agricultural Economics , Vol. 54, 1, pp. 121-137, March, 2006
[Abstract]  [Download PDF]  [Download Published Article]
Insuring Uncertainty in Value-Added Agriculture: Ethanol Production
Author(s):   Nick D. Paulson, Bruce A. Babcock, Chad E. Hart, Dermot J. Hayes
Series:  CARD Working Paper #04-WP 360, April 1, 2004
[Abstract]  [Download PDF] 
Systemic Risk in U.S. Crop and Reinsurance Programs
Author(s):   Chuck Mason, Dermot J. Hayes, Sergio H. Lence
Series:  CARD Working Paper #01-WP 266, March 2001
Published In:   Agricultural Finance Review , Vol. 63, 1, pp. 23-39, Spring, 2003
[Abstract]  [Download PDF] 
Option Pricing on Renewable Commodity Markets
Author(s):   Sergio H. Lence, Dermot J. Hayes
Series:  CARD Working Paper #02-WP 309, July 1, 2002
[Abstract]  [Download PDF] 
U.S. Farm Policy and the Volatility of Commodity Prices and Farm Revenue
Author(s):   Sergio H. Lence, Dermot J. Hayes
Series:  CARD Working Paper #00-WP 239, February 2000
Published In:   American Journal of Agricultural Economics , Vol. 84, 2, pp. 335-351, May, 2002
[Abstract]  [Download PDF] 
Crop Insurance Rates and the Laws of Probability
Author(s):   Bruce A. Babcock, Chad E. Hart, Dermot J. Hayes
Series:  CARD Working Paper #02-WP 298, April 2002
[Abstract]  [Download PDF] 
Response to an Asymmetric Demand for Attributes: An Application to the Market for Genetically Modified Crops
Author(s):   Sergio H. Lence, Dermot J. Hayes
Series:  MATRIC Working Paper #01-MWP 5, November 2001
[Abstract]  [Download PDF] 
Livestock Revenue Insurance
Author(s):   Chad E. Hart, Bruce A. Babcock, Dermot J. Hayes
Series:  CARD Working Paper #99-WP 224, January 1, 2001
Published In:   Journal of Futures Markets , Vol. 21, 6, pp. 553-80, 2001
[Abstract]  [Download PDF] 
Reconciling Chinese Meat Production and Consumption Data
Author(s):   Frank H. Fuller, Dermot J. Hayes, Darnell Smith
Series:  CARD Working Paper #99-WP-210, February 1999
Published In:   Economic Development and Cultural Change , Vol. 49, pp. 23-43
[Abstract]  [Download PDF]  [Download Published Article]
Optimal Chinese Agricultural Trade Patterns under the Laws of Comparative Advantage
Author(s):  Dermot J. Hayes, Frank Fuller
Series:  CARD Working Paper #99-WP 233, December 1999
[Abstract] 
The Market for U.S. Meat Exports in Eastern Canada
Author(s):  Dermot J. Hayes, Roxanne Clemens
Series:  CARD Working Paper #99-WP 229, November 1999
[Abstract] 
Reinsuring Group Revenue Insurance with Exchange-Provided Revenue Contracts
Author(s):  Bruce A. Babcock, Steven Griffin, Dermot Hayes
Series:  CARD Working Paper #99-WP 212, May 1999
[Abstract] 
The Impact of Chinese Accession to the World Trade Organization on U.S. Meat and Feed-Grain Producers
Author(s):  Frank Fuller, Dermot J. Hayes
Series:  CARD Working Paper #98-WP 195, July 1, 1998
[Abstract] 
Forward-Looking Competitive Firm Under Uncertainty (The)
Author(s):   Sergio H. Lence, Dermot J. Hayes
Series:  CARD Working Paper #93-WP 111, June 1, 1993
Published In:   American Journal of Agricultural Economics , Vol. 80, 2, pp. 303-12, May, 1998
[Abstract]  [Download PDF]  [Download Published Article]
FAPRI Analysis of the Proposed "Agenda 2000" European Union CAP Reforms
Author(s):  William H. Meyers, Dermot J. Hayes, Darnell Smith, Samarendu Mohanty, Sudhir Chaudhary, Steve Elmore, Jacinto Fabiosa, Frank Fuller, Chad Hart, Karen Kovarik
Series:  CARD Working Paper #98-WP 191, April 1, 1998
[Abstract] 
Budgetary and Producer Welfare Effects of Revenue Insurance
Author(s):   David A. Hennessy, Bruce A. Babcock, Dermot J. Hayes
Series:  CARD Working Paper #97-WP 180, June 1, 1997
Published In:   American Journal of Agricultural Economics , Vol. 79, 3, pp. 1024-1034, August 1, 1997
[Abstract]  [Download PDF]  [Download Published Article]
Optimal Hedging Under Forward-Looking Behavior
Author(s):   Sergio H. Lence, Dermot J. Hayes
Series:  CARD Working Paper #93-WP 108, June 1, 1993
Published In:   Economic Record , Vol. 71, 215, pp. 329-42, December, 1995
[Abstract] 
Budgetary Resource Allocation Effects of Revenue Assurance (The)
Author(s):  David A. Hennessy, Bruce A. Babcock, Dermot J. Hayes
Series:  CARD Working Paper #95-WP 130, February 1, 1995
[Abstract] 
Multiperiod Production with Forward and Options Markets
Author(s):   Sergio H. Lence, Yong Sakong, Dermot J. Hayes
Series:  CARD Working Paper #93-WP 112, August 1, 1993
Published In:   American Journal of Agricultural Economics , Vol. 76, 2, pp. 286-95, May, 1994
[Abstract]  [Download PDF]  [Download Published Article]
Empirical Minimum Variance Hedge (The)
Author(s):   Sergio H. Lence, Dermot J. Hayes
Series:  CARD Working Paper #93-WP 109, June 1, 1993
Published In:   American Journal of Agricultural Economics , Vol. 76, 1, pp. 94-104, February, 1994
[Abstract]  [Download PDF] 
The Short-Run Behavior of Forward-Looking Firms
Author(s):  Sergio H. Lence, Dermot J. Hayes, William H. Meyers
Series:  CARD Working Paper #93-WP 106, June 1, 1993
[Abstract] 
Estimation Risk when Theory Meets Reality
Author(s):  Sergio H. Lence, Dermot J. Hayes
Series:  CARD Working Paper #93-WP 107, June 1, 1993
[Abstract] 
Can Options Be Used as a Hedging Instrument?
Author(s):  Yong Sakong, Dermot J. Hayes, Arne Hallam
Series:  CARD Working Paper #92-WP 85, January 1, 1992
[Abstract] 
Test for the Consistency of Demand Data with Consumer Preference Theory
Author(s):  Yong Sakong, Dermot J. Hayes
Series:  CARD Working Paper #92-WP 87, January 1, 1992
[Abstract] 
Generic Advertising without Supply Control: Models and Public Policy Issues
Author(s):  Dermot J. Hayes, H. H. Jensen
Series:  CARD Working Paper #88-WP 39, December 1, 1988
[Abstract]