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Registros recuperados: 53 | |
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Kafle, Kashi R.; Kennedy, P. Lynn. |
This study documents the effect of exchange rate volatility and the real exchange rate on bilateral agricultural exports, imports and total trade (exports + imports) flows between the United States and OECD countries. The effect of exchange rate volatility is estimated both separately from and in combination with the real exchange rate. In addition, implementation of Free Trade Agreements (FTAs) and use of the Euro as a national currency (Euro) are included as dummy variables and their effects on trade flows are also determined. A panel data set, which contains 28 cross-sections and 1148 observations, is used for bilateral trade flows between the United States and OECD countries from 1970 to 2010. With an empirical model based on a gravity equation, the... |
Tipo: Presentation |
Palavras-chave: Bilateral agricultural trade; Exchange rate volatility; OECD¬ countries; Gravity equation; International Relations/Trade. |
Ano: 2012 |
URL: http://purl.umn.edu/119736 |
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Kennedy, P. Lynn; Atici, Cemal. |
The entrance of additional countries into a European customs union, in this case Turkey, and its impact on agriculture are examined. Results from a trade simulation model are used as components of a Political Preference Function and utilized within a game theoretic framework to identify the optimal strategies for Turkey, the EU, and the U.S. Turkey's best interest, from an agricultural perspective, involves adoption of agreements made in the Uruguay round of GATT as a developing country rather than applying EU protection. Although free trade is not the optimal solution, simulations indicate that the solution does involve the reduction of agricultural protection levels. |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade. |
Ano: 1999 |
URL: http://purl.umn.edu/31289 |
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Kennedy, P. Lynn; Hughes, Karol W.. |
Agricultural trade liberalization among the three North American Free Trade Agreement (NAFTA) signatories is modeled using a political preference function. The model distinguishes among Canada, Mexico, the United States, and a politically passive rest of the world. Through the use of intracountry compensation, the analysis shows that, from an agricultural perspective, economic integration is in the best interest of the group as a whole, although not in the best interest of individual countries. More specifically, of the agricultural production sectors, Canadian dairy, Mexican corn, and U.S. beef producers suffer the greatest losses from the formation of North American customs union. |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade. |
Ano: 1998 |
URL: http://purl.umn.edu/31185 |
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Hilbun, Brian M.; Kennedy, P. Lynn; Dufour, Elizabeth Anne. |
With the recent proliferation of Regional Trade Agreements (RTAs) the tendency world-wide has been seemingly toward trade liberalization. This thesis is primarily concerned with the impacts RTAs have had in the Western Hemisphere regarding agricultural trade flows. Utilizing the framework of the Gravity Model, agricultural trade flows for 24 Western Hemisphere Nations were examined. In the course of the study it was expected that if RTAs were to have an effect it would be a positive Trade Creation Effect and a negative Trade Diversion Effect with positive effects for GDP of importer/exporter and population size of importer/exporter and a negative effect for that of distance. Of the five agreements examined (NAFTA, AC, MERCO, LAIA, and CACM), NAFTA and... |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
Ano: 2006 |
URL: http://purl.umn.edu/21138 |
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Petrolia, Daniel R.; Kennedy, P. Lynn. |
Increases in the United States tariff-rate quota for sugar are simulated to determine the impact of Cuban market access and an increased Mexican allotment. The effects on both domestic and international sugar markets, including production, consumption, prices and trade, are determined and welfare effects identified. This analysis is carried out using a partial-equilibrium simplified world trade model, Modele International Simplifie de Simulation (MISS), which simulates, in a comparative-static framework, the effects of various policy actions. |
Tipo: Journal Article |
Palavras-chave: Cuba; Mexico; Sugar; Tariff-rate quota; F13; F17; Q17. |
Ano: 2003 |
URL: http://purl.umn.edu/43200 |
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Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M.. |
This study provides an example of how implicit price and demand models can be developed and used for empirical analysis. In particular, empirical application of these models can quantify the impact of implicit economic variables representing preference, relative price, production efficiency, the degree of price sensitivity to quantity supplied, and substitutability on market price and demand for domestic and imported products. Furthermore, the simultaneous impact of these implicit economic variables on market price and demand can be quantified using these implicit price and demand models. |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
Ano: 2010 |
URL: http://purl.umn.edu/60824 |
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Banerjee, Nandini; Kennedy, P. Lynn. |
This paper tries to assess the impact of Sanitary and Phytosanitary measures in the context of agricultural imports. The WTO induced Sanitary and Phytosanitary (SPS) policy is restrictive and it is affecting severely the exports from developing nations. This paper tries to explore whether there can be conditions under which certain restrictions can be mutually beneficial both for the exporter and the importer. A game theoretic model has been proposed to determine whether the policy in its current form generates mutually beneficial payoffs. |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
Ano: 2006 |
URL: http://purl.umn.edu/35375 |
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Kennedy, P. Lynn; Rosson, C. Parr, III. |
Major components of agricultural competitiveness, including definitions, factors, and indicators of competitiveness, are discussed, The case of the North American Free Trade Agreement (NAFTA) is used to illustrate how factors have influenced the competitive position of the NAFTA countries. Traditional neoclassical trade theory is used to evaluate the impact of currency exchange rate fluctuations and trade preferences on agricultural competitiveness. Pre- and post-NAFTA market shares are evaluated for five agricultural commodities of importance to the southern United States. The results of these evaluations are compared with theoretical expectations and discussed with special emphasis on implications for future trade negotiations. |
Tipo: Journal Article |
Palavras-chave: Agricultural competitiveness; Exchange rates; International trade; NAFTA; International Relations/Trade; F14; Q17; Q18. |
Ano: 2002 |
URL: http://purl.umn.edu/15477 |
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Registros recuperados: 53 | |
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