Data/hora: 09/06/2024 02:58:10

Provedor de dados: | 31
País: | United States
Título: | Effects of Japanese Import Demand on U.S. Livestock Prices: Reply
Autores: | Miljkovic,   Dragan; Marsh,   John M.; Brester,   Gary W.
Data: | 2008-09-09
Ano: | 2004
Palavras-chave: | Exchange rates; Import demand; Supply response; Q17; F14; C32.
Resumo: | In responding to a comment article, we concur that quantifying U.S. livestock price response to changing Japanese met import demand requires nonzero supply elasticities beyond one quarter. However, rigidities in market trade and empirical tests justify the inclusion of exchange rates in the short-run analysis. Producer welfare asymptotically approaches zero for increasing supply elasticities in the long run, but short-run transitions in producer surplus are meaningful to producers.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/42940
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 36, Number 01, April 2004
Formato: | 4