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| Registros recuperados: 270 | |
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| Taylor, Richard D.; Koo, Won W.. |
| This report evaluates the U.S. and world wheat markets for the 2009-2019 time period using the Global Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change. Both the U.S. and world wheat economies are predicted to remain relatively healthy for the next ten years. World demand for both common and durum wheat are expected to remain strong. The price levels in 2007, 2008 and 2009 might not be maintained in 2010 and the future because increased wheat and corn production in 2008 and 2009 and reduced demand for corn for ethanol production which pressures all commodity prices. World trade volumes of both classes of wheat are expected... |
| Tipo: Report |
Palavras-chave: Common wheat; Durum wheat; Production; Exports; Consumption; Ending stocks; Agribusiness. |
| Ano: 2010 |
URL: http://purl.umn.edu/91843 |
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| Taylor, Richard D.; Koo, Won W.. |
| This report evaluates the 2002 farm bill and the effects of the individual programs within the bill on North Dakota net farm income. A stochastic simulation model was developed, using @Risk by Palisade. @Risk replaces the mean values for price and yield with a distribution of values for the eight major commodities grown in North Dakota. The counter-cyclical (target price) program, marketing loan program, and federal crop insurance benefits were separated and analyzed to determine which components were the most important to North Dakota producers. The U.S. Trade Representative offered to decrease the country's trade distorting subsidies by 60% if the European Union would lower its export subsidies 75%. The study estimates the impact of that plan.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Net farm income; Risk; Farm bill; North Dakota; Forecast; Domestic subsidies; Agricultural and Food Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/23524 |
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| Sun, Changyou; Kim, Mina; Koo, Won W.; Cho, Guedae; Jin, Hyun Joung. |
| A modified gravity-type model was employed to evaluate the effect of exchange rate volatility on wheat exports worldwide. Special attention was given to the econometric properties of the gravity model within panel framework. Short and long-term measures of exchange rate volatility were constructed and compared. Both measures of exchange rate volatility have exhibited a negative effect on world wheat trade and the long-term effect was even larger. This result implies that exchange rate volatility is an important factor in explaining the trade pattern of wheat trade worldwide. Keywords: wheat, export, exchange rate, volatility, gravity model, and panel data. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Wheat; Export; Exchange rate; Volatility; Gravity model; And panel data.; International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/19766 |
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| Jin, Hyun Joung; Skripnitchenko, Anatoliy; Koo, Won W.. |
| On December 23, 2003, Bovine Spongiform Encephalopathy (BSE), widely known as 'mad cow disease,' was found in the state of Washington. Major beef importing countries, including Japan, South Korea, and Mexico, banned imports of beef and beef products produced in the United States. A single case of BSE occurred on May 20, 2003, in Canada, prompting the United States to close its border to Canadian beef products. Prior to these BSE outbreaks in North America, the disease was detected in the United Kingdom and Japan. U.S. consumer response to the BSE outbreak in Washington is unknown. However, the previous cases which occurred in the United Kingdom and Japan indicate that the BSE outbreaks reduced domestic consumption of beef produced in the countries and... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Production Economics. |
| Ano: 2004 |
URL: http://purl.umn.edu/23072 |
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| Mulik, Kranti; Koo, Won W.. |
| The importation of hard red winter and durum wheat from Canada has been a source of contention among U.S. wheat growers, due to the likeness between domestic and imported Canadian wheat. It has also been investigated as a source of material injury to the U.S. market. We examine the relative substitution between U.S. and Canadian wheat, by class, by treating wheat as an input in flour production. We find that while U.S. hard red spring wheat and U.S. hard red winter wheat are economic substitutes, there is limited price substitution between U.S. and Canadian durum and U.S. and Canadian hard red spring wheat. Quality differences from the millers' perspective may be the reason driving the import demand for hard red spring and durum wheat from Canada. |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 2006 |
URL: http://purl.umn.edu/23615 |
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| Sun, Changyou; Jin, Hyun Joung; Koo, Won W.. |
| Productivity spillovers in the U.S. food processing industry resulting from inward foreign direct investment (FDI) were examined for the time period of 1988 to 1992. Both Caves-type (unidirectional) and simultaneous (bidirectional) spillover models were considered in the analysis. Using the Caves-type spillovers model, foreign investment was found to have significantly negative spillovers. The technology gap between U.S. firms and foreign firms in the food processing industry was small, and it was positively related to the productivity growth. The simultaneous equation model revealed that spillovers were bi-directional in the U.S. food processing industry. The demonstration effect from foreign presence was negative, but the competition effect had even... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/23596 |
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| Mattson, Jeremy W.; Jin, Hyun Joung; Koo, Won W.. |
| Since the discovery of Bovine Spongiform Encephalopathy (BSE) in the United States in December 2003, U.S. beef exports have declined approximately 85 percent. A number of countries, including Japan and Korea (the top export markets for U.S. beef), have banned imports of beef from the United States, while U.S. exports to other important markets, such as Mexico and Canada, have been well below previous levels. Domestic demand in the United States was not significantly affected by the BSE discovery, but the effect of decreased beef exports on U.S. price is significant. This study examines the effect of exports and other supply and demand factors on U.S. meat prices, and estimates the effect of the drop in exports on U.S. beef and cattle prices. Results... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Bovine Spongiform Encephalopathy; Beef; Pork; Chicken; Exports; International Relations/Trade. |
| Ano: 2005 |
URL: http://purl.umn.edu/23571 |
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| Mattson, Jeremy W.; Koo, Won W.. |
| Negotiations to create the largest single market in the world, the Free Trade Area of the Americas (FTAA), are in progress. Such an agreement could have significant effects on U.S. agriculture; it could create an opportunity to increase U.S. exports of agricultural commodities and products, and could also lead to an increase in imports. The objective of this study is to analyze U.S. agricultural trade with Western Hemisphere countries and to determine the effects of hemisphere-wide trade liberalization. The Western Hemisphere contains important sources for U.S. agricultural imports and important markets for U.S. agricultural exports, though the hemisphere has been more important as a source for imports than as a market for exports. Results suggest... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Free Trade Area of the Americas; Trade liberalization; Western Hemisphere; Agricultural trade.; International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/23525 |
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| Registros recuperados: 270 | |
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