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| Gilbert, John; Wahl, Thomas I.. |
| This paper was presented at the INTERNATIONAL TRADE IN LIVESTOCK PRODUCTS SYMPOSIUM in Auckland, New Zealand, January 18-19, 2001. The Symposium was sponsored by: the International Agricultural Trade Research Consortium, the Venture Trust, Massey University, New Zealand, and the Centre for Applied Economics and Policy Studies, Massey University. Dietary changes, especially in developing countries, are driving a massive increase in demand for livestock products. The objective of this symposium was to examine the consequences of this phenomenon, which some have even called a "revolution." How are dietary patterns changing, and can increased demands for livestock products be satisfied from domestic resources? If so, at what cost? What will be the flow-on... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade; Production Economics. |
| Ano: 2001 |
URL: http://purl.umn.edu/14540 |
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| Gilbert, John. |
| The effect of foreign ownership on trade policy outcomes has long been a topic of interest, but only recently have the consequences of multiple levels of production been considered. We examine processing incentives in a simplified general equilibrium framework with foreign ownership of a primary factor. Second-best considerations mean non-intervention is sub-optimal, but multiple levels of production can lead to an investment terms-of-trade effect of indeterminate sign, depending critically on the production structure. We illustrate how this may change standard conclusions regarding the effect of trade restrictions where there is foreign ownership, and optimal intervention to achieve specific policy objectives. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade; Productivity Analysis. |
| Ano: 2000 |
URL: http://purl.umn.edu/21866 |
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