AgriExperts, a small private company in rural Missouri, works to bridge the gap between the private sector and government. Currently AgriExperts is conducting feasibility studies on the economic and social impact of bringing high speed broad band internet to rural communities.
In the last decade, the expansion of high quality, high speed and affordable broadband/ fiber optic internet has gained the attention of the United States Congress and the FCC. Unfortunately, the 2019 FCC funding allocation to Missouri resulted in a single wireless internet service company receiving 69% of the total FCC funding in the state. With a binding lockout clause, no other provider in the funded areas can receive funding for the next ten years, a factor that hobbles the progress Missouri needs to bring essential high speed internet capabilities to rural communities across the state.
The FCC bidding formulas favor supporting these lower-level (slower) connectivity services, as they can serve a physically larger area for less investment by the provider. Surveys, however, show that consumers lean in the opposite direction, vastly preferring the faster, more efficient fiber optic service to the slower, less reliable wireless services currently funded.
From an economic standpoint, the internet service customer realizes a greater ROI with broadband/fiber optics, due to the unique advantages offered, including substantially higher upload and download speeds (often a gigabit or more, as much as 10 times faster than wireless service.)
M.U. College of Agriculture provided support for the completion of a pilot study of seven Missouri Electric Coops, with DEEDP’s analysis of the data providing evidence that faster, more reliable and more affordable internet is the most economically feasible of the internet services, as it brings business to smaller towns, allows people to work from their rural homes, enables better quality education in outlying areas, and prevents the outmigration that continues to take business out of rural areas.
AgriExperts conducted two economic feasibility studies for two regional planning commissions (RPC) in Missouri, funded through a grant by Economic Development Association (EDA). These feasibility studies quantify the economic and social impact of high speed broadband internet on the rural communities that are so vital to Missouri’s economic growth.
Successful companies require access to long-range dynamic economic projections for their specific markets and business planning purposes.
To do so requires sophisticated quantitative dynamic economic modeling to match their industry showing how outside economic factors may impact their future returns and investments.
These dynamic models are simply too large and complex for most in-house staff.
Keith Eisberg and Abner Womack created AgriExperts to fill a need in the private sector for quantitative economic dynamic modeling for long-range planning through their customized econometric model designed for private companies and their clients
AgriExperts is known as a consulting service specializing in long-range planning using a variety of economic and quantitative dynamic models. We customize an econometric model designed specifically to match the needs of companies and their clients.
AgriExperts creates an economic quantitative dynamic model custom designed specifically to match the needs of companies and their clients, and provide analytical reports.
AgriExperts provides a service to corporations and their clients by filling the gap in the outlook projections for economic factors impacting their business.
Many companies rely on static models in determining longer range business decisions. However there is an inherent weakness for static analysis in that it is a point in time and does not take into account possible future real-world changes. Thus the need for dynamic analysis. Our focus is a dynamic platform in estimating consequences of longer range business decisions.
AgriExperts' position is to build from this static base into a more dynamic system reflecting longer run macroeconomic and policy implications linked back to the company’s business and/or that of their client.