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A Foot and Mouth Disease Induced Model of US Excess Supply of Beef AgEcon
Yeboah, Osei-Agyeman; Ofori-Boadu, Victor; Salifou, Samaila.
Agriculture is a vulnerable sector of the U.S economy, accounting for 13% of Gross Domestic Product and 15% of employment. It produces quality cheap food for domestic consumption and accounts for more than $65 billion in export revenues. Contagious animal diseases like Foot and Mouth Disease (FMD) are often referred to as economic diseases because of the magnitude of harm they cause producers, local communities and the consequences in international trade. Losses from the 2001 FMD outbreak in the United Kingdom are estimated at $10.7 to $11.7 billion. The total cost of an FMD outbreak is the sum of eradication cost, production losses, and the loss of exports. This paper examines the export effects of a bioterrorist attack such as the introduction of...
Tipo: Conference Paper or Presentation Palavras-chave: Excess supply; FMD; Beef prices; Bioterrorism; Agricultural and Food Policy; Environmental Economics and Policy; International Relations/Trade; Q17.
Ano: 2008 URL: http://purl.umn.edu/46053
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Effects of China's Antidumping Tariffs on U.S-China Bilateral Poultry Trade AgEcon
Li, Xiaofei; Gunter, Lewell F.; Epperson, James E..
In recent years, the United States has taken the lion’s share of the Chinese broiler meat import market, ranging from 53.0% to 84.9%. Under the threat of rising poultry imports from the United States Chinese producers asked for an investigation into chicken prices, accusing American poultry firms of dumping. The investigation led to antidumping duties on U.S. chicken imports as of February 13, 2010, ranging from 43.1% to 105.4%. This study is designed to evaluate U.S.-China poultry bilateral trade relations under the new tariff using an excess-supply-excess-demand model. The structural model is estimated using GMM with HAC (heteroskedasticity-autocorrelation) robust standard errors to obtain structural coefficients. The analysis focuses on chicken wings,...
Tipo: Conference Paper or Presentation Palavras-chave: Poultry; Excess demand; Excess supply; Antidumping tariff; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/98848
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