Piggott, Nicholas E., PhD
Associate Department Head, Department Extension Leader, Professor and Extension Specialist
Agricultural and Resource Economics
Expertise: Agricultural Marketing, Agricultural Economics: Prices, Markets and Policy, Applied Econometrics, Futures and Options Markets
Phone: (919) 515-4668
Fax: (919) 515-1824
Office Address: 4221B Nelson
A native of Australia, Nick Piggott joined the ARE faculty in 1997. His research interests are in the areas of demand analysis, agricultural markets, applied econometrics, agricultural biotechnology, and risk management. His extension program focuses on grain marketing and risk management. He co-teaches (with Wally Thurman) an undergraduate class introducing commodity futures markets.
- NC State Grain Marketing Homepage
- Recent Radio Interviews on the Southern Farm Network
- Testimony to the General Farm Commodities and Risk Management Subcommittee
Selected Journal Articles
Goodwin, B.K., M.C. Marra, and N.E. Piggott. 2015. “The Cost of a GMO-Free Market Basket of Food in the United States” AgBioForum, 18(3):25-33.
Jefferson-Moore, K. Y., Bekkerman, A., Piggott, N. E., Goodwin, B. K., Palat, S., and Turner, C. C. (2015). “Potential check-off benefits to farmers in the presence of wind-borne diseases.” Journal of Agricultural Extension and Rural Development, 7(5), 176-177.
Marra, M.C., N.E. Piggott, and B.K. Goodwin. 2014. “On the Economics of Crop Rotations for Inhibiting Corn Rootworm Resistance Development.” AgBioForum, 16(3):187-193.
Bekkerman A, B. K. Goodwin, and N.E. Piggott. (2013) “A Variable Threshold Band Approach to Measuring Market Linkages.” Applied Economics, 45(19): 2705-2714.
Marra, M.C., Piggott, N.E., & Goodwin, B.K. (2012). “The Impact of Corn Rootworm Protected Biotechnology Traits in the United States” AgBioForum, 15(2), 217-230.
Bekkerman A. B., N. E. Piggott, B. K. Goodwin, K. Jefferson-Moore. “A Market-based Mitigation Program for Wind-Borne Diseases.” Agricultural and Resource Economics Review (August 2012): 175-188.
Marra, M.C., Piggott, N.E., & Goodwin, B.K. (2010). “ The anticipated value of SmartStax™ for US Corn Growers.” AgBioForum, 13(1), 1-12. (lead article).
Goodwin, B.K. and N.E. Piggott. “Spatio-Temporal Modeling of Asian Citrus Canker Risks: Implications for Insurance and Indemnification Fund Models” American Journal of Agricultural Economics. (November 2009): 1038-1055.
Bekkerman A, B. K. Goodwin, and N.E. Piggott ” Spatio-temporal Risk and Severity Analysis of Soybean Rust in the U.S.“, Journal of Agricultural and Resource Economics 33 (December 2008): 311-331.
Piggott, N.E. and M. C. Marra “Biotechnology Adoption Over Time in the Presence of Non-Pecuniary Characteristics that Directly Affect Utility: A Derived Demand Approach”, AgBioForum (2008) 11(1): 1-13.
Piggott N.E. and M.C. Marra “The Net Gain to Cotton Farmers of a Natural Refuge Plan for Bollgard II^® Cotton” AgBioForum (2007)10(1): 1-10 (Lead Article).
Piggott, N E. and T L. Marsh. “Does Food Safety Information Impact U.S. Meat Demand?” American Journal of Agricultural Economics 86(1) (February 2004): 154-174.
Piggott, N E. “Measures of Precision for Estimated Welfare Effects for Producers from Generic Advertising.” Agribusiness: An International Journal 19 (Summer 2003): 379-391.
Wohlgenant, M K. and N E. Piggott. “Market Power and Distribution of Benefits from Promotion and Research.” Agribusiness: An International Journal (Summer 2003): 301-314.
Piggott, N E. “The Nested PIGLOG Model: An Application to U.S. Food Demand.”American Journal of Agricultural Economics 84 (February 2003): 1-15 (lead article).
Piggott, N.E. and M K. Wohlgenant. “Price Elasticities, Joint Products, and International Trade.” Australian Journal of Agricultural Economics (December 2002):46(4): 487-500 (lead article).
Alston, J M., J A. Chalfant and N.E. Piggott. “Estimating and Testing the Compensated Double-Log Model.” Applied Economics 34 (June 2002): 1177-1186.
Goodwin, B.K. and N.E. Piggott. “Spatial Market Integration in the Presence of Threshold Effects.” American Journal of Agricultural Economics 83 (May 2001): 302-318.
Alston, J M., J A. Chalfant, and N.E. Piggott. “Incorporating Demand Shifters in the Almost Ideal Demand System.” Economics Letters 70 (2001): 73-78.
Alston, J M., J.A. Chalfant, and N.E. Piggott. “The Incidence of the Costs and Benefits of Generic Advertising.” American Journal of Agricultural Economics 82 (August 2000): 665-671.
Piggott, N.E., J.A. Chalfant, J.M. Alston, and G.R. Griffith. “Demand Response to Advertising in the Australian Meat Industry” American Journal of Agricultural Economics 78 (May 1996): 268-279.
Piggott, R.R, N.E. Piggott, and V.E. Wright. “Approximating Farm-Level Returns to Incremental Advertising Expenditure: Methods and an Application to the Australian Meat Industry” American Journal of Agricultural Economics 77 (August 1995): 497-511.
Piggott, N.E and V.E. Wright. “From Consumer Choice Process to Aggregate Analysis: Marketing Insights for Models of Meat Demand.” Australian Journal of Agricultural Economics, 36 (December 1992): 233-248.
Selected Book Chapters
Goodwin, B.K., M.C. Marra, and N.E. Piggott. “The Cost of a GMO-Free Market Basket of Food in the United States” Chapter 28 in The Coexistence of Genetically Modified, Organic and Conventional Foods: Government Policies and Market Practices, Nicholas Kalaitzandonakes, Peter Phillips, Justus Wessler, and Stuart Smyth, Springer 2016.
Piggott, N.E. and T.L. Marsh. “Constrained Utility Maximization and Demand System Estimation” Chapter 1 in The Oxford Handbook of the Economics of Food Consumption and Policy, Jason Lusk, Jutta Roosen, Jason Shogren (editors), Published by Elsevier, Oxford University Press, USA, 2011.
Marra,M.C. and N.E. Piggott. “The Value on Non-Pecuniary Characteristics of Crop Biotechnologies: A New Look at the Evidence. Chapter 8 in Regulating Agricultural Biotechnology: Economics and Policy edited by Richard E. Just, Julian M. Alston, and David Zilberman, Springer (2006).