Goodwin's Personal Home Page

Barry K. Goodwin
William Neal Reynolds Distinguished Professor
Economics and Agricultural and Resource Economics Departments
Office Hours: By appointment (depending on class scheduling)
4221-C Nelson Hall
(919) 515-4620
Email: barry_goodwin@ncsu.edu


ARE Faculty Webpage
Economics Faculty Webpage
Vita
Personal (Outside NCSU)


Course Work Has Been Moved to NCSU "Moodle" Site

Selected Working Papers


"Copula-Based Nonlinear Modeling of the Law of One Price"

"A Note on a Simplified and General Approach to Simulating from Multivariate Copula Functions"

"Copula-Based Models of Systemic Risk in U.S. Agriculture: Implications for Crop Insurance and Reinsurance Contracts"



Selected Publications (From ideas.repec.org; Downloadable but restricted)


  • Anton Bekkerman & Barry K. Goodwin & Nicholas E. Piggott, 2013. "A variable threshold band approach to measuring market linkages," Applied Economics, Taylor and Francis Journals, vol. 45(19), pages 2705-2714, July.

  • Bekkerman, Anton & Piggott, Nicholas E. & Goodwin, Barry K. & Jefferson-Moore, Kenrett Y., 2012. "A Market-based Mitigation Program for Wind-borne Diseases," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 41(2), August.

  • Teresa Serra & David Zilberman & José M. Gil & Barry K. Goodwin, 2011. "Nonlinearities in the U.S. corn, ethanol, oil, and gasoline price system," Agricultural Economics, International Association of Agricultural Economists, vol. 42(1), pages 35-45, 01.[Downloadable!] (restricted)

  • Barry K. Goodwin & Matthew T. Holt & Jeffrey P. Prestemon, 2011. "North American Oriented Strand Board Markets, Arbitrage Activity, and Market Price Dynamics: A Smooth Transition Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(4), pages 993-1014.[Downloadable!] (restricted)

  • Zhu, Ying & Goodwin, Barry K. & Ghosh, Sujit K., 2011. "Modeling Yield Risk Under Technological Change: Dynamic Yield Distributions and the U.S. Crop Insurance Program," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 36(1), April.[Downloadable!] (restricted)

  • Belasco, Eric J. & Schroeder, Ted C. & Goodwin, Barry K., 2010. "Quality Risk and Profitability in Cattle Production: A Multivariate Approach," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 35(3), December.[Downloadable!] (restricted)

  • Barry K. Goodwin, 2012. "Comment on "The Evolving Relationships between Agricultural and Energy Commodity Prices: A Shifting-Mean Vector Autoregressive Analysis"," NBER Chapters, in: The Economics of Food Price Volatility National Bureau of Economic Research, Inc.[Downloadable!] (restricted)

  • Serra, Teresa & Goodwin, Barry K. & Featherstone, Allen M., 2011. "Risk behavior in the presence of government programs," Journal of Econometrics, Elsevier, vol. 162(1), pages 18-24, May.[Downloadable!] (restricted)

  • Goodwin, Barry K., 2011. "Agricultural Subsidies in the WTO Green Box edited by Ricardo Meléndez-Ortiz, Christophe Bellmann, and Jonathan Hepburn Cambridge University Press, 2009," World Trade Review, Cambridge University Press, vol. 10(02), pages 293-295, April.[Downloadable!] (restricted)

  • Anton Bekkerman & Barry K. Goodwin & Nicholas E. Piggott, 2013. "A variable threshold band approach to measuring market linkages," Applied Economics, Taylor and Francis Journals, vol. 45(19), pages 2705-2714, July.[Downloadable!] (restricted)

  • Bekkerman, Anton & Piggott, Nicholas E. & Goodwin, Barry K. & Jefferson-Moore, Kenrett Y., 2012. "A Market-based Mitigation Program for Wind-borne Diseases," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 41(2), August.[Downloadable!] (restricted)

  • Roderick M. Rejesus & Barry K. Goodwin & Keith H. Coble & Thomas O. Knight, 2010. "Evaluation of the reference yield calculation method in crop insurance," Agricultural Finance Review, Emerald Group Publishing, vol. 70(3), pages 427-445, November. [Downloadable!] (restricted)

  • Eric J. Belasco & Sujit K. Ghosh & Barry K. Goodwin, 2009. "A Multivariate Evaluation of "Ex ante" Risks Associated with Fed Cattle Production," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 91(2), pages 431-443, 05. [Downloadable!] (restricted)
    Other versions:

  • Barry K. Goodwin & Nicholas E. Piggott, 2009. "Spatiotemporal Modeling of Asian Citrus Canker Risks: Implications for Insurance and Indemnification Fund Models," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 91(4), pages 1038-1055, November. [Downloadable!] (restricted)

  • Goodwin, Barry K. & Smith, Vincent H., 2009. "Harvest-Time Protein Shocks and Price Adjustment in U.S. Wheat Markets," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 34(2), August. [Downloadable!]
    Other versions:

  • Al-Abri, Almukhtar S. & Goodwin, Barry K., 2009. "Re-examining the exchange rate pass-through into import prices using non-linear estimation techniques: Threshold cointegration," International Review of Economics & Finance, Elsevier, vol. 18(1), pages 142-161, January. [Downloadable!] (restricted)

  • Barry K. Goodwin, 2009. "Payment Limitations and Acreage Decisions under Risk Aversion: A Simulation Approach," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 91(1), pages 19-41, 02. [Downloadable!] (restricted)

  • Belasco, Eric J. & Taylor, Mykel R. & Goodwin, Barry K. & Schroeder, Ted C., 2009. "Probabilistic Models of Yield, Price, and Revenue Risks for Fed Cattle Production," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 41(01), April. [Downloadable!]
    Other versions:

  • Teresa Serra & Barry Goodwin, 2009. "The efficiency of Spanish arable crop organic farms, a local maximum likelihood approach," Journal of Productivity Analysis, Springer, vol. 31(2), pages 113-124, April. [Downloadable!] (restricted)

  • Thomas O. Knight & Keith H. Coble & Barry K. Goodwin & Roderick M. Rejesus & Sangtaek Seo, 2009. "Developing Variable Unit-Structure Premium Rate Differentials in Crop Insurance," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 92(1), pages 141-151. [Downloadable!] (restricted)

  • Barry K. Goodwin, 2008. "Climate Variability Implications for Agricultural Crop Production and Risk Management: Discussion," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 90(5), pages 1263-1264, December. [Downloadable!] (restricted)

  • Vitor Ozaki & Barry Goodwin & Ricardo Shirota, 2008. "Parametric and nonparametric statistical modelling of crop yield: implications for pricing crop insurance contracts," Applied Economics, Taylor and Francis Journals, vol. 40(9), pages 1151-1164. [Downloadable!] (restricted)

  • Bekkerman, Anton & Goodwin, Barry K. & Piggott, Nicholas E., 2008. "Spatio-temporal Risk and Severity Analysis of Soybean Rust in the United States," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 33(3), December. [Downloadable!]

  • Goodwin, Barry K. & Rejesus, Roderick M., 2008. "Safety Nets or Trampolines? Federal Crop Insurance, Disaster Assistance, and the Farm Bill," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 40(02), August. [Downloadable!]

  • Vitor A. Ozaki & Sujit K. Ghosh & Barry K. Goodwin & Ricardo Shirota, 2008. "Spatio-Temporal Modeling of Agricultural Yield Data with an Application to Pricing Crop Insurance Contracts," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 90(4), pages 951-961, November. [Downloadable!] (restricted)
    Other versions:

  • Barry K. Goodwin, 2008. "The Incidence and Implications of Binding Farm Program Payment Limits," Review of Agricultural Economics, American Agricultural Economics Association, vol. 30(3), pages 554-571, 09. [Downloadable!] (restricted)

  • Barry K. Goodwin & Ligia A. Vado, 2007. "Public Responses to Agricultural Disasters: Rethinking the Role of Government," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 55(4), pages 399-417, December. [Downloadable!] (restricted)

  • Bruce Gardner & Barry Goodwin & Mary Ahearn, 2007. "Economic statistics and U.S. agricultural policy," Agricultural Economics, International Association of Agricultural Economists, vol. 37(s1), pages 237-248, December. [Downloadable!] (restricted)
    Other versions:

  • Teresa Serra & Jos M. Gil & Barry K. Goodwin, 2006. "Local polynomial fitting and spatial price relationships: price transmission in EU pork markets," European Review of Agricultural Economics, Oxford University Press for the Foundation for the European Review of Agricultural Economics, vol. 33(3), pages 415-436, September.

  • Ashok Mishra & Barry Goodwin, 2006. "Revenue insurance purchase decisions of farmers," Applied Economics, Taylor and Francis Journals, vol. 38(2), pages 149-159. [Downloadable!] (restricted)

  • Teresa Serra & Barry K. Goodwin & Jos M. Gil & Anthony Mancuso, 2006. "Non-parametric Modelling of Spatial Price Relationships," Journal of Agricultural Economics, Wiley Blackwell, vol. 57(3), pages 501-522. [Downloadable!] (restricted)

  • Barry K. Goodwin & Ashok K. Mishra, 2006. "Are "Decoupled" Farm Program Payments Really Decoupled? An Empirical Evaluation," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 88(1), pages 73-89, 02. [Downloadable!] (restricted)

  • Teresa Serra & David Zilberman & Barry K. Goodwin & Allen Featherstone, 2006. "Effects of decoupling on the mean and variability of output," European Review of Agricultural Economics, Oxford University Press for the Foundation for the European Review of Agricultural Economics, vol. 33(3), pages 269-288, September.

  • Barry K. Goodwin & Ashok K. Mishra, 2005. "Another Look at Decoupling: Additional Evidence on the Production Effects of Direct Payments," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 87(5), pages 1200-1210, November. [Downloadable!] (restricted)

  • Teresa Serra & Barry K. Goodwin & Allen M. Featherstone, 2005. "Agricultural Policy Reform and Off-farm Labour Decisions," Journal of Agricultural Economics, Wiley Blackwell, vol. 56(2), pages 271-285. [Downloadable!] (restricted)

  • Ebru Guven Solakoglu & Barry Goodwin, 2005. "The effects of railroad development on price convergence among the states of the USA from 1866 to 1906," Applied Economics, Taylor and Francis Journals, vol. 37(15), pages 1747-1761. [Downloadable!] (restricted)

  • Barry Goodwin & Randy Schnepf & Erik Dohlman, 2005. "Modelling soybean prices in a changing policy environment," Applied Economics, Taylor and Francis Journals, vol. 37(3), pages 253-263. [Downloadable!] (restricted)
    Other versions:

  • Teresa Serra & David Zilberman & Barry K. Goodwin & Keijo Hyvonen, 2005. "Replacement of Agricultural Price Supports by Area Payments in the European Union and the Effects on Pesticide Use," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 87(4), pages 870-884, November. [Downloadable!] (restricted)

  • Barry K. Goodwin & Monte L. Vandeveer & John L. Deal, 2004. "An Empirical Analysis of Acreage Effects of Participation in the Federal Crop Insurance Program," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 86(4), pages 1058-1077, November. [Downloadable!] (restricted)

  • Teresa Serra & Barry K. Goodwin, 2004. "Regional Integration of Nineteenth Century U.S. Egg Markets," Journal of Agricultural Economics, Wiley Blackwell, vol. 55(1), pages 59-74. [Downloadable!] (restricted)

  • Barry K. Goodwin & Ashok K. Mishra, 2004. "Farming Efficiency and the Determinants of Multiple Job Holding by Farm Operators," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 86(3), pages 722-729, 08. [Downloadable!] (restricted)

  • Stanley Thompson & P. Michael Schmitz & Nobuyuki Iwai & Barry Goodwin, 2004. "The real rate of protection: the income and insurance effects of agricultural policy," Applied Economics, Taylor and Francis Journals, vol. 36(16), pages 1851-1858. [Downloadable!] (restricted)

  • Mancuso, Anthony J. & Goodwin, Barry K. & Grennes, Thomas J., 2003. "Nonlinear aspects of capital market integration and real interest rate equalization," International Review of Economics & Finance, Elsevier, vol. 12(3), pages 283-303. [Downloadable!] (restricted)

  • Smith, Vincent H. & Goodwin, Barry K., 2003. "An Ex Post Evaluation of the Conservation Reserve, Federal Crop Insurance, and Other Government Programs: Program Participation and Soil Erosion," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(02), August. [Downloadable!]

  • Teresa Serra & Barry Goodwin, 2003. "Price transmission and asymmetric adjustment in the Spanish dairy sector," Applied Economics, Taylor and Francis Journals, vol. 35(18), pages 1889-1899. [Downloadable!] (restricted)
    Other versions:

  • Barry K. Goodwin, 2003. "Does Risk Matter? Discussion," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 85(5), pages 1257-1258, December. [Downloadable!] (restricted)

  • Goodwin, Barry K. & Harper, Daniel C. & Schnepf, Randall D., 2003. "Short-Run Demand Relationships in the U.S. Fats and Oils Complex," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 35(01), April. [Downloadable!]
    Other versions:

  • Barry K. Goodwin & Ashok K. Mishra & Franois N. Ortalo-Magn, 2003. "What's Wrong with Our Models of Agricultural Land Values?," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 85(3), pages 744-752, 08. [Downloadable!] (restricted)

  • Goodwin, Barry K & Holt, Matthew T, 2002. " Parametric and Semiparametric Modeling of the Off-Farm Labor Supply of Agrarian Households in Transition Bulgaria," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 84(1), pages 184-209, February. [Downloadable!] (restricted)

  • Goodwin, Barry K. & Grennes, Thomas J. & Craig, Lee A., 2002. "Mechanical Refrigeration and the Integration of Perishable Commodity Markets," Explorations in Economic History, Elsevier, vol. 39(2), pages 154-182, April. [Downloadable!] (restricted)

  • Goodwin, Barry K & Featherstone, Allen M & Zeuli, Kimberly, 2002. " Producer Experience, Learning by Doing, and Yield Performance," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 84(3), pages 660-78, August. [Downloadable!] (restricted)

  • Goodwin, Barry K & Piggott, Nicholas E, 2001. " Spatial Market Integration in the Presence of Threshold Effects," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 83(2), pages 302-17, May. [Downloadable!] (restricted)
    Other versions:

  • Goodwin, Barry K., 2000. "Instability And Risk In U.S. Agriculture," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 18(1), March. [Downloadable!]

  • Ker, Alan P & Goodwin, Barry K, 2000. " Nonparametric Estimation of Crop Insurance Rates Revisited," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 82(2), pages 463-78, May. [Downloadable!] (restricted)

  • Goodwin, Barry K. & Roberts, Matthew C. & Coble, Keith H., 2000. "Measurement Of Price Risk In Revenue Insurance: Implications Of Distributional Assumptions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(01), July. [Downloadable!]
    Other versions:

  • Goodwin, Barry K. & Harper, Daniel C., 2000. "Price Transmission, Threshold Behavior, And Asymmetric Adjustment In The U.S. Pork Sector," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(03), December. [Downloadable!]
    Other versions:

  • Metcalfe, Mark R. & Goodwin, Barry K., 1999. "An Empirical Analysis of the Determinants of Trade Policy Protection in the U.S. Manufacturing Sector," Journal of Policy Modeling, Elsevier, vol. 21(2), pages 153-165, March. [Downloadable!] (restricted)

  • Al Awad, Mouawiya & Goodwin, Barry K., 1998. "Dynamic linkages among real interest rates in international capital markets," Journal of International Money and Finance, Elsevier, vol. 17(6), pages 881-907, December. [Downloadable!] (restricted)

  • Goodwin, Barry K. & Grennes, Thomas J., 1998. "Tsarist Russia and the World Wheat Market," Explorations in Economic History, Elsevier, vol. 35(4), pages 405-430, October. [Downloadable!] (restricted)

  • Goodwin, Barry K. & Schurle, Bryan W. & Norman, David W. & Freyenberger, S.G. & Bloomquist, L.E. & Regehr, D.L., 1997. "Determinants Of Kansas Farmers' Participation In On-Farm Research," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 29(02), December. [Downloadable!]

  • Holt, Matthew T & Goodwin, Barry K, 1997. "Generalized Habit Formation in an Inverse Almost Ideal Demand System: An Application to Meat Expenditures in the U.S," Empirical Economics, Springer, vol. 22(2), pages 293-320.

  • Goodwin, Barry K, 1996. "Semiparametric (Distribution-Free) Testing of the Expectations Hypothesis in a Parimutuel Gambling Market," Journal of Business & Economic Statistics, American Statistical Association, vol. 14(4), pages 487-96, October.

  • Featherstone, Allen M. & Moghnieh, Ghassan A. & Goodwin, Barry K., 1995. "Farm-level nonparametric analysis of cost-minimization and profit-maximization behavior," Agricultural Economics, Blackwell, vol. 13(2), pages 109-117, November. [Downloadable!] (restricted)

  • Goodwin, Barry K., 1994. "Premium Rate Determination In The Federal Crop Insurance Program: What Do Averages Have To Say About Risk?," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(02), December. [Downloadable!]

  • Goodwin, Barry K. & Grennes, Thomas J., 1994. "Real interest rate equalization and the integration of international financial markets," Journal of International Money and Finance, Elsevier, vol. 13(1), pages 107-124, February. [Downloadable!] (restricted)

  • Kastens, Terry L. & Goodwin, Barry K., 1994. "An Analysis Of Farmers' Policy Attitudes And Preferences For Free Trade," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 26(02), December. [Downloadable!]

  • Brester, Gary W. & Lhermite, Pascale & Goodwin, Barry K. & Hunt, Melvin C., 1993. "Quantifying The Effects Of New Product Development: The Case Of Low-Fat Ground Beef," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 18(02), December. [Downloadable!]

  • Allen M. Featherstone & Barry K. Goodwin, 1993. "Factors Influencing a Farmer's Decision to Invest in Long-Term Conservation Improvements," Land Economics, University of Wisconsin Press, vol. 69(1), pages 67-81. [Downloadable!] (restricted)

  • Ortalo-Magne, Francois & Goodwin, Barry K., 1992. "An econometric analysis of U.S. vital wheat gluten imports," Agricultural Economics, Blackwell, vol. 7(1), pages 65-75, June. [Downloadable!] (restricted)

  • Goodwin, Barry K., 1992. "Forecasting Cattle Prices In The Presence Of Structural Change," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(02), December. [Downloadable!]

  • Goodwin, Barry K., 1992. "An Analysis Of Factors Associated With Consumers' Use Of Grocery Coupons," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(01), July. [Downloadable!]

  • Goodwin, Barry K., 1992. "Multivariate gradual switching systems and the stability of US meat demands: a Bayesian analysis," Structural Change and Economic Dynamics, Elsevier, vol. 3(1), pages 155-166, June. [Downloadable!] (restricted)

  • Espinosa, Juan Andres & Goodwin, Barry K., 1991. "Hedonic Price Estimation For Kansas Wheat Characteristics," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(01), July. [Downloadable!]

  • Schroeder, Ted C. & Goodwin, Barry K., 1990. "Regional Fed Cattle Price Dynamics," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(01), July. [Downloadable!]

  • Goodwin, Barry K. & Grennes, Thomas & Wohlgenant, Michael K., 1990. "Testing the law of one price when trade takes time," Journal of International Money and Finance, Elsevier, vol. 9(1), pages 21-40, March. [Downloadable!] (restricted)

  • Goodwin, Barry K. & Koudele, Joe W., 1990. "An Analysis Of Consumer Characteristics Associated With The Purchase Of Beef And Pork Variety Meats," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(01), July. [Downloadable!]

  • Goodwin, Barry K., 1990. "Empirically testing the law of one price in an international commodity market: A rational expectations application to the natural rubber market," Agricultural Economics, Blackwell, vol. 4(2), pages 165-177, June. [Downloadable!] (restricted)

  • Fackler, Paul L. & Goodwin, Barry K., 2001. "Spatial price analysis," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 17, pages 971-1024 Elsevier. [Downloadable!] (restricted)