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| Registros recuperados: 270 | |
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| Zhuang, Renan; Mattson, Jeremy W.; Koo, Won W.. |
| This paper examines the effects of the U.S.-Korea free trade agreement (KORUS FTA) on various sectors of the economy in the two countries using a general equilibrium model. Additional analysis focuses on the agricultural sector. Our analysis indicates that the increase in U.S.-Korea bilateral trade volume in recent years has been through intra-industry trade of high-technology products. Under the KORUS FTA, the bilateral trade volume would increase for virtually all the sectors, and GDP and social welfare would improve for both countries. However, producers of textile products in the United States and producers of agricultural and food products in South Korea would suffer from the FTA. This agreement could benefit U.S. agriculture, but the benefits... |
| Tipo: Report |
Palavras-chave: Korea; Free trade agreement; Trade creation; Trade diversion; International Relations/Trade. |
| Ano: 2007 |
URL: http://purl.umn.edu/7636 |
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| Marchant, Mary A.; Cornell, Dyana N.; Koo, Won W.. |
| International agricultural trade has evolved over time. Processed foods and developing countries have become major growth markets for U.S. agricultural exports, and foreign direct investment (FDI) has become even more important than exports as a means of accessing foreign markets. The critical question is whether FDI is a substitute for or a complement of exports. This research builds upon an existing theoretical FDI model and contributes to the literature through the development of a simultaneous equation system for FDI and exports, which is estimated using two-stage least squares. Empirical analyses were used to examine the relationship between U.S. FDI and exports of processed foods into East Asian countries - China, Japan, Singapore, South Korea,... |
| Tipo: Journal Article |
Palavras-chave: East Asia; Exports; Foreign direct investment; International trade; Processed foods; International Relations/Trade; F47; Q17; C3; F17. |
| Ano: 2002 |
URL: http://purl.umn.edu/15471 |
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| Aravindhakshan, Sijesh C.; Koo, Won W.. |
| Energy, agriculture, and GHG emissions are highly interrelated. Several agricultural commodities are currently used as feedstock for biofuel production to replace fossil fuels. As the largest consumer of energy, the U.S. has taken several initiatives to reduce the use of fossil fuels, achieve energy security, and reduce GHG emissions. The industrial community of the U.S. invested heavily in biofuel and wind energy production. North Dakota has highest potential in producing wind energy and biomass from dedicated energy crops. Unfortunately these resources are not fully utilized for producing renewable energy. North Dakota is an energy intensive economy and per capita energy consumption is higher than other states. This technical bulletin provides a... |
| Tipo: Report |
Palavras-chave: Renewable energy; Wind power; Ethanol; Greenhouse gas emissions; Agriculture; Agribusiness; Resource /Energy Economics and Policy. |
| Ano: 2011 |
URL: http://purl.umn.edu/101222 |
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| Koo, Won W.; Taylor, Richard D.. |
| This report evaluates the U.S. and world sugar markets for 2000-2010 by using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and world sugar economies are predicted to improve over the next ten years after the current over supply is reduced. World demand for sugar is expected to grow faster than world supply, resulting in gradually increasing Caribbean sugar prices from 8.51 cents/lb in 2000 to 12.67 cents/lb in 2010. The U.S. wholesale price of sugar is projected to increase from 22.5 cents/lb in 2000 to 26.6 cents/lb in 2010, if the United States maintains its sugar programs. World... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Sugar; Production; Exports; Consumption; Ending Stocks.; Crop Production/Industries. |
| Ano: 2001 |
URL: http://purl.umn.edu/23602 |
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| Koo, Won W.; Taylor, Richard D.. |
| This report evaluates the U.S. and world sugar markets for 2001-2011 by using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and world sugar economies are predicted to improve over the next 10 years after the current over supply is reduced. World demand for sugar is expected to grow faster than world supply, resulting in gradually increasing Caribbean sugar prices from 7.81 cents/lb in 2001 to 12.05 cents/lb in 2011. The U.S. wholesale price of sugar is projected to increase from 21.7 cents/lb in 2001 to 25.2 cents/lb in 2011, if the United States maintains its sugar programs. World... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Sugar; Production; Exports; Consumption; Ending stocks; Crop Production/Industries. |
| Ano: 2002 |
URL: http://purl.umn.edu/23645 |
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| Yang, Seung-Ryong; Koo, Won W.; Wilson, William W.. |
| This study examines three alternative models of correcting for heteroskedasticity in wheat yield: the time trend variance, the GARCH, and an econometric model that includes the potential sources of heteroskedasticity. Nonnested test results suggest that modeling the sources of heteroskedasticity is the preferred procedure. Including potential sources of heteroskedasticity as explanatory variables removed the heteroskedasticity in the sample wheat yields. The results also suggest that the GARCH specification is a promising model of correcting for heteroskedasticity when the sources cannot be identified. The time trend variance model alone may misspecify the true variance structure. |
| Tipo: Journal Article |
Palavras-chave: Production Economics; Research Methods/ Statistical Methods. |
| Ano: 1992 |
URL: http://purl.umn.edu/30738 |
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| Taylor, Richard D.; Mattson, Jeremy W.; Andino, Jose; Koo, Won W.. |
| This report evaluates the U.S. corn sector, especially changes in ethanol production. This analysis is based on a series of assumptions about general economic conditions, agricultural polices, weather conditions, and technological change. Changes in ethanol production will impact the production, feed use, and exports of corn, as well as the general price level. Federally mandated ethanol usage dictates the growth of ethanol production in the United States. Other factors have limited impact on corn price. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Ethanol; Government subsidies; Feed use; Corn; Exports; Crop Production/Industries; Resource /Energy Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/23512 |
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| Koo, Won W.; Mattson, Jeremy W.. |
| The objectives of this study are to analyze the factors causing an increase in wheat imports from Canada and to estimate the effect of increased wheat imports on U.S. prices and farm income. An econometric model is developed and estimated to determine these factors and effects. Canadian exports to the United States are estimated as a function of U.S. price, the U.S. - Canada exchange rate, and other variables, while U.S. price is estimated as a function of imports from Canada, U.S. domestic supply and consumption, and exports. The two equations are estimated simultaneously. Results from this model are used to estimate the effect of imports from Canada on U.S. farm prices and income. Results indicate that imports from Canada have a significant negative... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Canada; Bilateral trade; Hard red spring wheat; Durum wheat; Farm price; Farm income; International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/23572 |
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| Baek, Jungho; Mulik, Kranti; Koo, Won W.. |
| This study examines the J-curve phenomenon for the U.S. agricultural trade and compares the effect on agricultural trade relative to U.S. non-agricultural trade. For this purpose, the autoregressive distributed lag (ARDL) model is adopted to estimate bilateral trade data between the United States and her three major trading partners Japan, Canada, and Mexico. We find little evidence of the J-curve for U.S. agricultural trade with Japan, Canada, and Mexico. For non-agricultural trade, on the other hand, the behavior of U.S. trade with industrialized economies such as Japan and Canada follows the J-curve, but not with developing economies such as Mexico. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural trade; Autoregressive distributed lag model; J-curve effect; Non-agricultural trade; International Relations/Trade. |
| Ano: 2006 |
URL: http://purl.umn.edu/23482 |
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| Registros recuperados: 270 | |
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