The PPP & Craft Brewery Performance
Abstract: The Paycheck Protection Program (PPP) provided approximately US $790 billion in COVID-19 relief funds to small businesses across the United States. This study merges a verified industry dataset of craft beer producers with government microdata on PPP loan recipients to…
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CBD and THC: Who buys it, and why?
The U.S. cannabis regulatory landscape has evolved dramatically over the past decade. The 2018 Farm Bill legalized hemp production, and nearly 20 states now have legal recreational marijuana. While the market for hemp and marijuana products is expanding, less is…
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Untapping terroir: Regional variation in hop flavor profiles
Thanks in part to the push for localized supply chains, U.S. hop production is becoming more regionally diverse. Differentiation in geographies implies changes in growing climates and other environmental factors known to alter the flavor profiles of agricultural commodities used…
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The future of Extension through friendly competition
The year 2022 is the 15th anniversary of the AAEA Graduate Student Extension Competition (GSEC). The GSEC provides an opportunity for applied economics MS and PhD students to develop Extension and/or outreach programs based on their graduate work, present their…
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Display complexity and visual processing of retail displays
Attractive displays can stimulate sales in the retail setting. With most plants still sold in physical retail outlets, the influence of display layout on visual behavior and purchasing is of interest to academicians and practitioners. Using a within-subjects in-lab experiment…
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Regulatory landscape of the U.S. aquaculture supply chain
This article traces the development of U.S. aquaculture supply chain regulatory restrictions and discusses the factors that could be driving the recent growth in regulations. Using Mercatus Center RegData, results suggest that the number of restrictions across the aquaculture supply…
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What you see is what you get, what you don’t goes unsold
Though choice overload has been extensively studied in packaged products, fewer studies have explored these phenomena in minimally packaged agribusiness products such as potted plants. This matters as these products are heterogeneous not only across product categories but also within…
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Regulatory restrictions across U.S. protein supply chains
Food regulations protect consumer health, mitigate environmental concerns, and promote animal welfare, but they can also hinder innovation, limit entrepreneurship, and generate higher consumer prices. This study examines the number of federal and state regulatory restrictions affecting the beef, pork,…
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How many regulations does it take to get a beer?
Although the influence of regulations on economic outcomes has been well documented, few studies have focused on the geography of regulatory burdens. The regulations confronting any supply chain can vary dramatically across legislative jurisdictions, as U.S. policy is enforced by…
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Hopping on the localness craze: What brewers want from state-grown hops
Consumers habitually support local food and drink, but locally grown products often come from less developed value chains with lower quality control standards; something suppliers must consider. Using data from Michigan craft breweries, we describe the determinants of a brewer’s…
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Consumer willingness to pay for sustainability attributes in beer
Commercial and regional brewers are increasingly investing in sustainability equipment that reduces input use, operating costs, and environmental impacts. These technologies often require prohibitively high upfront costs for microbreweries. One potential solution for these brewers is to market their product…
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Error patterns in student understanding of supply and demand shifts
Students of introductory economics are often able to predict changes in equilibrium price correctly on standardized assessments, but make consistent errors in predicting changes in equilibrium quantity. To examine the reasons for this pattern, we collected open-ended explanations written by…
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Aaron J. Staples 