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Registros recuperados: 26
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A Note on Cost Functions and the Regression Fallacy AgEcon
Martin, William J..
Random variation in output may lead to serious bias in cost function estimates. Despite the availability of simple, consistent instrumental variable estimators to deal with this problem, most empirical studies appear to have ignored this errors-in-variables problem, or dealt with it in an ad hoc manner. In this note, an instrumental variable approach is suggested, and applied to the estimation of cost-output relationships for a sample of irrigated citrus farms. Ordinary least squares was found to result in a statistically significant bias. Although this bias did not alter the economic interpretation of the results for the sample used, the bias is likely to be more serious for samples with greater chance variation in output. Thus, it is argued that all cost...
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1983 URL: http://purl.umn.edu/12514
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PUBLIC CHOICE THEORY AND AUSTRALIAN AGRICULTURAL POLICY REFORM AgEcon
Martin, William J..
Recent discussion of the process of policy reform has tended to focus on public and private interest theories of public choice as alternative models. The analysis of Australian agricultural policy presented in this paper draws on several extensions of the private interest model including the contractarian framework, extra-rational considerations such as moral attitudes and the desire to participate. Recent agricultural policy reforms in Australia are examined in the light of those theories. This examination highlights the importance of ideas and changes in the rules for policy formulation in influencing policy outcomes. In some cases the private interest theory appears to offer an adequate explanation while, in others, it provides only a partial...
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy.
Ano: 1990 URL: http://purl.umn.edu/22355
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Integrating China’s Agricultural Economy into the Global Market: Measuring Distortions in China’s Agricultural Sector AgEcon
Huang, Jikun; Liu, Yu; Martin, William J.; Rozelle, Scott.
Tipo: Book Palavras-chave: International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/55023
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The Doha Agenda and Agricultural Trade Reform: The Role of Economic Analysis AgEcon
Martin, William J.; Anderson, Kym.
This paper shows that research on international agricultural trade reform can make much greater contributions to understanding than was feasible in earlier trade negotiations. Part of this is due to improvements in the basic data on production, consumption and trade associated with the development of the GTAP database and part due to the greater availability of disaggregated data on applied and bound rates of protection. Unfortunately, the framework in which we operate means that we are reduced to measuring gains that are substantially less than one percent of GDP. New developments in theory and method provide the potential for our quantitative analysis to be improved in at least six areas, including improvements in: the measurement of protection;...
Tipo: Conference Paper or Presentation Palavras-chave: Trade negotiations; Multilateral; Agricultural trade; Welfare evaluation; WTO; International Relations/Trade; F13; F11; F12.
Ano: 2006 URL: http://purl.umn.edu/25628
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STATE-LEVEL ANALYSIS OF NATIONAL BEEF POLICY: THE USE OF STATE ECONOMETRIC MODELS AgEcon
Roberts, Roland K.; Martin, William J..
Interest has grown in analyzing the impact of national imports of foreign beef on state agricultural sectors. In this study, an interfaced Hawaiian-national model is simulated for a change in national beef imports. Hawaiian and national impacts demonstrate wide variation in both sign and magnitude. Usefulness of state models is emphasized for situations where state impacts of national policies are of interest.
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy.
Ano: 1984 URL: http://purl.umn.edu/29735
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Potential Implications of a Special Safeguard Mechanism in the WTO: the Case of Wheat AgEcon
Hertel, Thomas W.; Martin, William J.; Leister, Amanda M..
The Special Safeguard Mechanism (SSM) was a key issue in the July 2008 failure to reach agreement in the WTO negotiations under the Doha Development Agenda. It includes both price (P-SSM) and quantity-triggered measures (Q-SSM). This paper uses a stochastic simulation model of the world wheat market to investigate the effects of policy makers implementing policies based on the SSM rules. As expected, implementation of the Q-SSM is found to reduce imports, raise domestic prices, and boost mean domestic production in the SSM regions. However, rather than insulating countries that use it from price volatility, it would actually increase domestic price volatility in developing countries, largely by restricting imports when domestic output is low and prices...
Tipo: Conference Paper or Presentation Palavras-chave: Safeguard; SSM; WTO; Volatility; Wheat; Food security; Agricultural and Food Policy; International Development; Q1; Q17; Q18.
Ano: 2010 URL: http://purl.umn.edu/61000
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The Financial Crisis and Its Impact on the Global Agricultural Landscape AgEcon
Lin, Justin Yifu; Martin, William J..
The financial crisis arose in the industrial countries, but has affected developing countries through higher interest rates, sharp changes in commodity prices and reductions in investment, trade, migration and remittances. Some also see the recent food price crisis as a strongly related phenomenon. For most low income countries, shocks that affect food prices or wage rates for unskilled workers seem likely to have the biggest impact on poverty. Policies to address the crisis must include measures: to deal with financial sector problems; the resulting reductions in aggregate demand; and the particular vulnerabilities of poor people.
Tipo: Conference Paper or Presentation Palavras-chave: Financial Economics.
Ano: 2009 URL: http://purl.umn.edu/53208
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Methodology for Measuring Distortions to Agricultural Incentives AgEcon
Anderson, Kym; Kurzweil, Marianne; Martin, William J.; Sandri, Damiano; Valenzuela, Ernesto.
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Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2008 URL: http://purl.umn.edu/48326
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Welfare Impacts of Agricultural and Non-Agricultural Trade Reforms AgEcon
Laborde, David; Martin, William J.; van der Mensbrugghe, Dominique.
The variability of protection rates within sectors is frequently particularly high in agriculture relative to non-agriculture. Standard aggregation procedures ignore the variability within sectors, and underweight the importance of highly protected sectors. It therefore seems likely that they underestimate the potential benefits of agricultural trade reform relative to non-agricultural reform. This study examines this question using a new procedure for aggregating trade distortions. It finds that the key impact of using better aggregators is to increase the benefits of both agricultural and non-agricultural reform. It finds that using optimal aggregation procedures increases the measured importance of agricultural trade reform relative to non-agricultural...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural trade; Nonagricultural trade; Trade distortions; Tariffs; Aggregation; World Trade Organization; WTO; Trade reform; Food Security and Poverty; International Relations/Trade; F13; F14; Q13; Q17; Q18.
Ano: 2011 URL: http://purl.umn.edu/103958
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Implications of Adopting Special Products and Sensitive Products in Doha Negotiations for World and China’s Agriculture AgEcon
Yang, Jun; Huang, Jikun; Rozelle, Scott; Martin, William J..
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/51650
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Distortions to Agricultural Incentives in China AgEcon
Huang, Jikun; Rozelle, Scott; Martin, William J.; Liu, Yu.
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Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2007 URL: http://purl.umn.edu/48478
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Asia-Pacific food markets and trade in 2005: a global, economy-wide perspective AgEcon
Anderson, Kym; Dimaranan, Betina V.; Hertel, Thomas W.; Martin, William J..
Rapid industrialization in East Asia, particularly China, is raising questions about who will feed the region in the next century and how Asia will be able to pay for its food imports. The paper ®rst reviews existing food sector projections and then takes an economy-wide perspective using projections to 2005, based on the global CGE model known as GTAP. After showing the impact of implementing the Uruguay Round, the paper explores several alternative scenarios. A slowdown in farm productivity growth is shown to be costly to the world economy, as is slower economic growth in China. Failure to honour Uruguay Round obligations to open textile and clothing markets in OECD countries would reduce East Asia's industrialization and thereby slow its net imports of...
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1997 URL: http://purl.umn.edu/118006
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Long Run Implications of WTO Accession for Agriculture in China AgEcon
Anderson, Kym; Martin, William J.; Valenzuela, Ernesto.
Tipo: Book Palavras-chave: International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/55025
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TESTING FOR CHANGES IN THE STRUCTURE OF THE DEMAND FOR MEAT IN AUSTRALIA AgEcon
Martin, William J.; Porter, Darrell.
Quarterly data from 1962 to 1983 for beef, lamb, mutton, pig meat and poultry were used to test for constancy in the structure of meat demand in Australia. The cumulative sum, cumulative sum of squares and Farley-Hinich tests were applied to a range of models to ensure that any rejection of stability was not due to an inappropriate functional form or omitted dynamics. Little evidence was found of a marked swing away from consumption of any meat, with the exception of mutton. The results suggest that changes in prices and in total consumer expenditure are far more important than changes in tastes as determinants of meat consumption.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Marketing.
Ano: 1985 URL: http://purl.umn.edu/22511
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Agricultural Trade Reform Under the Doha Agenda: Ready for Takeoff? AgEcon
Martin, William J.; Anderson, Kym.
A successful agreement on agriculture is critical for an overall agreement under the Doha negotiations. But before the final agreement is known, some critical decisions must be made about issues such as resumption of the negotiations, and the key tradeoffs to be made following resumption. We consider four of the most controversial areas of the agricultural negotiations: the relative importance of domestic support, market access and export subsidies; the sensitive-product exceptions sought for all countries; the additional special product exceptions sought for developing countries; and the proposed special safeguard mechanism. We show that the decisions made on reform in these areas will have a critical influence on whether the negotiations achieve their...
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/9467
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THE EFFECTS OF ALTERNATIVE BEEF IMPORT QUOTA REGIMES ON THE BEEF INDUSTRIES OF THE AGGREGATE UNITED STATES AND HAWAII AgEcon
Roberts, Roland K.; Martin, William J..
The effects of the 1964 and 1979 beef import laws on the beef industries of the aggregate United States and Hawaii are simulated for 1972-81 by linking Hawaii and national econometric models. Although impacts are slight for both models, Hawaii beef prices and production appear to be less affected by changes in beef import rules.
Tipo: Journal Article Palavras-chave: International Relations/Trade; Livestock Production/Industries.
Ano: 1985 URL: http://purl.umn.edu/32316
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ESTIMATING THE IMPACT OF BEEF IMPORT RESTRICTIONS IN THE US IMPORT MARKET: COMMENT AgEcon
Martin, William J..
Tipo: Journal Article Palavras-chave: International Relations/Trade; Livestock Production/Industries.
Ano: 1982 URL: http://purl.umn.edu/22704
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Distortions to Agricultural Incentives in China and Southeast Asia AgEcon
Anderson, Kym; Martin, William J..
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Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2008 URL: http://purl.umn.edu/48574
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Distortions to Agricultural Incentives in Asia AgEcon
Anderson, Kym; Martin, William J..
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Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2007 URL: http://purl.umn.edu/48557
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Sensitive Products: Selection and Implications for Agricultural Trade Negotiations AgEcon
Jean, Sebastien; Laborde, David; Martin, William J..
The current negotiating framework for WTO negotiations on agriculture includes flexibilities for "sensitive" products to be chosen by the importer. Without knowing which products their partners are likely to select, WTO members cannot assess the implications of an agreement for their market access opportunities. In this paper, we begin by specifying a Grossman-Helpman type political-economy welfare function, and use this to determine which products are likely to be selected as sensitive products. Assuming these products are subjected to smaller reduction in protection, we find that allowing even 2 percent of tariff lines to be treated as sensitive can greatly reduce the impact of an agreement on market access. This problem is, in part, a consequence of...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/18860
Registros recuperados: 26
Primeira ... 12 ... Última
 

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