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| Bailey, Kenneth W.; Wu, Zhen. |
| This study developed a model to explain monthly imports of butter and butter substitutes. The U.S. imports butter and other high milk fat products that can substitute for a strict definition of butter. These products include dairy spreads, butter substitutes, anhydrous milk fat, and food preparations. The U.S. imports these high milk fat products under a tariff-rate quota system (TRQ) implemented by the World Trade Organization (WTO). This study quantified all the milk fat contained in U.S. butter and butter substitute imports. A conceptual model was developed to explain imports of these products under a TRQ system. And an econometric model was estimated to analyze the economic factors that drive over-quota imports. The model found that the wedge between... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 2005 |
URL: http://purl.umn.edu/18846 |
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| Almas, Lal K.; Colette, W. Arden; Wu, Zhen. |
| The Texas Panhandle is one of the most unique and diversified agricultural areas in the world. Production agriculture contributes $3.41 billion in value-added production and more than $6.32 billion in economic activity annually. Eighty-five percent of the states fed beef, 45.8 percent of the wheat, 61.9 percent of the corn, and 23.0 percent of the sorghum are produced in the region. The growing livestock industry has accelerated the demand for feed grains in the area and has increased irrigation water demand. The Ogallala Aquifer is the primary source of irrigation water in the region. The depletion of the Ogallala by the excessive pumping of water is threatening the rural economy of the area. There is a critical need for developing sound water... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2004 |
URL: http://purl.umn.edu/34646 |
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