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Registros recuperados: 20 | |
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Tellioglu, Isin; Bailey, Kenneth W.; Blandford, David. |
A methodology for dairy product component tariff and price calculation is developed and applied to various products. Since the majority of dairy products are imported for their ingredients, component tariffs need to be considered in evaluating the protection provided by the tariff structure rather than tariffs on end products as listed in the HTS schedule. The results of the Uruguay Round tariffication of dairy products for the United States indicate that implied milk fat and protein AVE's vary substantially among and within product groups. Different tariffs applied to finished products may have unintended impacts on economic incentives due to their impact on the relative prices of imported milk components. |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
Ano: 2006 |
URL: http://purl.umn.edu/21322 |
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Pajic, Mirjana; Blandford, David; Bailey, Kenneth W.. |
The objective of this study is to measure the impact of proposed Doha Round tariff reductions on the global dairy industry and dairy policy. We examine how proposed tariff reductions affect global trade and prices, and the implications for the European Union and the United States. Since international market conditions can vary, we examine the implications of liberalization under two sets of market conditions. The first corresponds to the year 2004 in which there was a global surplus of dairy products. In that year import protection ensured that U.S prices of dairy products were above world prices. The second corresponds to 2007, when dairy products globally were in short supply and U.S. domestic prices were at or below world prices. We show that proposed... |
Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
Ano: 2009 |
URL: http://purl.umn.edu/48085 |
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Tellioglu, Isin; Bailey, Kenneth W.; Blandford, David. |
The majority of the dairy products imported by the United States are intermediate products used in food processing. As such, they are demanded for their components such as milk fat and protein. The implications of the U.S. tariff structure for import demand must be viewed in terms of the tariff's effects upon the relative prices of imported milk components. In this article we examine the implications of the current tariff structure and proposed changes under the Doha Round of international trade negotiations at the World Trade Organization. We show that implicit ad valorem equivalent tariffs (AVEs) on components vary substantially under the current tariff schedule. Proposed changes under the Doha Round would lead to not only a reduction in the level of... |
Tipo: Journal Article |
Palavras-chave: Dairy; Doha Round; Milk components; Tariff structure; United States; International Relations/Trade. |
Ano: 2007 |
URL: http://purl.umn.edu/9240 |
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Bailey, Kenneth W.; Womack, Abner W.. |
An econometric model of planted wheat acreage was estimated for five distinct production regions in the United States. This structural investigation represents an update of previous published work with specific attention given to policy program variables, weather, production cost, risk, market price influences, and program participation. Estimated results indicated regional divergence in responsiveness to government program variables. The most significant divergence occurred in the Cornbelt and Southeast - soft red winter wheat areas. Results indicate that management of the wheat program from the USDA level will contain countervailing production incentives unless these regional characteristics are taken into consideration in policy directives. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
Ano: 1985 |
URL: http://purl.umn.edu/29977 |
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Bailey, Kenneth W.. |
A major objective of the Food Security Act of 1985 was to make the United States more competitive in world markets. U.S. wheat exports in 1987/88 were 75 percent above their 1985/86 level. This paper analyzes the change in U.S. competitiveness in wheat exports by quantitatively assessing those factors responsible for this export expansion. The results indicate that about half of the increase can be attributed to the provisions of the 1985 Act. About 40 percent of the increase is due to nonprice factors in the Soviet Union and China - namely production shortfalls and domestic policies - that increased import demand. The rest is due to reduced competitor yields. |
Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy; International Relations/Trade. |
Ano: 1989 |
URL: http://purl.umn.edu/30095 |
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Bailey, Kenneth W.. |
Congress consented to the creation of the Northeast Interstate Dairy Compact in the 1996 Federal Agriculture Improvement and Reform Act. Interest is now growing in expanding this compact and creating new multi-regional dairy compacts. Dairy compacts provide a floor for Class I fluid prices and thus stabilize and enhance farm milk prices in compact regions. This analysis indicates that multi-regional dairy compacts will result in clear economic tradeoffs between dairy farmers, processors, retailers, and consumers. While dairy farmers within the compact region may economically benefit from higher farm milk prices, processors, retailers and consumers in the compact region and dairy farmers outside the compact region will face economic losses. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 2000 |
URL: http://purl.umn.edu/31307 |
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Bailey, Kenneth W.. |
The objective of this paper is to explore broad policy options in both the 2007 Farm Bill and the current Doha Round of trade negotiations (WTO) that could be favorable to Pennsylvania. It will be argued that the most favorable outcomes will have two features: 1) improve and stabilize market demand for fluid milk, and 2) expand national demand for manufacturing milk. This policy recommendation recognizes that the U.S. will continue to expand milk production over time. It also assumes a continuation of federal milk marketing orders. |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural and Food Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/18848 |
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Bailey, Kenneth W.. |
The objective of this report is to publish a monthly forecasting tool of the U.S. dairy industry. This model forecasts the milk supply as well as the supply and demand for American cheese, Other cheese, butter, nonfat dry milk, and dry whey. Trade is presently exogenous to the model, but can be endogenized at a later date. The principal use of the model will be for forecasting purposes, thus we settled on a monthly frequency for the data. We delve into the complexities of the U.S. dairy industry using rich data sources. Our objective is clearly focused on developing an initial forecasting tool. |
Tipo: Working or Discussion Paper |
Palavras-chave: Econometric model; U.S. Dairy Industry; Forecasting Model; Agribusiness; Marketing. |
Ano: 2009 |
URL: http://purl.umn.edu/48653 |
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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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Bailey, Kenneth W.. |
Imports of milk protein concentrates (MPCs) are increasingly entering the United States with minimal trade restrictions. MPC is a general reference to a dried protein product derived from milk using a technology known as "ultra filtration." Two questions are addressed in this article. First, did the combination of relaxed import restrictions, low world prices for protein, and relatively high domestic support levels for nonfat dry milk encourage imports of MPCs? Second, did increased imports of MPC displace domestic use of nonfat dry milk and thereby increase government purchases under the dairy price support program? This study has implications for U.S. trade policy. |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade; Livestock Production/Industries. |
Ano: 2002 |
URL: http://purl.umn.edu/31384 |
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Registros recuperados: 20 | |
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