Loren Tauer Professor and Department Chair of Applied Economics and Management Areas of Expertise Production Economics and Finance 155 Warren Hall Ph: 607.255.4402 E-mail: lwt1@cornell.edu List of Publications

Loren Tauer teaches and conducts research in the areas of production economics and finance. His research has focused on risk analysis, technology assessment, efficiency and productivity, food safety, animal disease, and business organization and decisions. Since dairy is an important commodity for the state of New York, much of his analysis has entailed dairy production.

As agriculture moves toward less government market intervention, the risk of agricultural production may increase; he plans to continue research that measures those risks and to find what risk management options would be valuable for farms to implement. Also important is determining why some farms are more profitable, efficient, or productive than other farms in order to help farms become successful. New technologies continue to be made available to farmers, so he plans to continue work on technology assessment to determine how and which farmers can profitably use available technologies. Because animal diseases cause significant losses to society, he has been studying the economical control of animal diseases.

He has taught graduate courses in production economics and agricultural finance, and undergraduate courses in global agribusiness management (international agribusiness field trip), agricultural finance, and business risk management. He has been involved with educational projects in Central Europe, primarily Hungary, Poland, and Slovakia.

Recent Publications

Nakane, M., and L. W. Tauer. 2008. Empirical dairy profits under fluctuating prices. Applied Economics. Accepted for publication.

Bar, D., Y. T. Grohn, G. Bennett, R. N. Gonzalez, J. A. Hertl, H. F. Schulte, L. W. Tauer, F. L. Welcome, and Y. H. Schukken. 2008. Effects of repeated episodes of generic clinical mastitis on mortality and culling in dairy cows. Journal of Dairy Science 91:2196-2204.

Bar, D., L. W. Tauer, G. Bennett, R. N. Gonzalez, J. A. Hertl, Y. H. Schukken, H. F. Schulte, F. L. Welcome, and Y. T. Grohn. 2008. The cost of generic clinical mastitis in dairy cows as estimated by using dynamic programming, Journal of Dairy Science 91:2205-14.

Tauer, L. W., H. O. Fried, and W. E. Fry.  2007. Measuring efficiencies of academic departments within a college. Education Economics 15:473-89.

Bar D., Y. T. Gröhn, G. Bennett, R. N. González, J. A. Hertl, H. F. Schulte, L. W. Tauer, F. L. Welcome, and Y. H. Schukken. 2007.  Effect of repeated episodes of generic clinical mastitis on milk yield in dairy cows. Journal of Dairy Science 90:4643-53.

Cho J., T. R. Overton, C. G. Schwab, and L. W. Tauer.  2007. Determining the amount of rumen-protected methionine supplement that corresponds to the optimal levels of methionine in metabolizable protein for maximizing milk protein production and profit on dairy farms. Journal of Dairy Science 90:4908-16.

Tauer, Loren W., Cameron Nightingale, Renata Ivanek, Yrjö T. Gröhn, and Martin Wiedmann. 2007. Optimal levels of inputs to control Listeria monocytogenes contamination at a smoked fish plant. Agribusiness: An International Journal 23:229-44.

Tauer, Loren W., and Ashok K. Mishra. 2006. Dairy farm cost efficiency. Journal of Dairy Science 89:4937-43.

Tauer, Loren W. 2006. When to get in and out of dairy farming: A real option analysis. Agricultural and Resource Economics Review 35(2):339-47.

Tauer, Loren W. 2006. Impact of recombinant bovine Somatotropin on dairy farm cost of production: Evidence from multiyear data. AgBioForum 9(2):79-83.

Tauer, Loren W., and Ashok K. Mishra. 2006. Can the small dairy farm remain competitive in U.S. agriculture? Food Policy 31:458-68.

Luong, Quoc V., and Loren W. Tauer. 2006.  A real options analysis of coffee planting in Vietnam. Agricultural Economics 35:49-57.

Chang, Hung-Hao, and Loren W. Tauer. 2005. Semi-parametric and parametric estimations and tests of adoption: An application to bovine Somatotropin technology. Agriculture and Economics 35:1-26.

Tauer, Loren. 2005. The impact of recombinant bovine Somatotropin on dairy farm profits: A switching regression analysis. AgBioForum 8(1):33-39.

Ivanek, Renata, Yrjo T. Gröhn, Loren W. Tauer, and Martin Wiedmann. 2004. The cost and benefit of Listeria Monocytogenes food safety measures. Critical Reviews in Food Science and Nutrition 44:513-23.

Awards

• Distinguished Member Award, Northeastern Agricultural and Resource Economics Association, 1993
• Extension Program Award for a Team, American Agricultural Economics Association, 1984

Professional Activities

• President, Northeastern Agricultural and Resource Economics Association, 2000-2001
• Editor, Agricultural and Resource Economics Review, 1990-92
• Associate Editor, Agricultural Finance Review, 1983-89
• Director of Graduate Program for Agricultural Economics, Cornell University, 1989-93, and Applied Economics and Management, 2007-08
• Editorial Board, Agricultural and Applied Economics, 2005-08

Visiting Professorships and Leaves

• Slovak Agricultural University, Nitra, Slovakia
• Economic Research Service, United States Department of Agriculture

Education

Ph.D., Iowa State University, 1979
M.S., South Dakota State University, 1975
B.A., Southwest Minnesota State University, 1973

© 2007 Cornell University