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| Kawaguchi, Tsunemasa; Suzuki, Nobuhiro; Kaiser, Harry M.. |
| Traditional spatial equilibrium models have assumed that markets are either perfectly competitive or monopolistic. In this paper, a generalized spatial equilibrium model is developed which allows for any degree of market conduct from perfect competition to monopoly. The model incorporates a "dual structure" in which there are oligopolistic consignment sellers (producer marketing boards) and perfectly competitive producers receiving pooled returns. The usefulness of the model is demonstrated using Kyushu regional milk market data in Japan. Numerous spatial equilibrium solutions are generated for the Kyushu milk market assuming alternative sets of imperfectly competitive behavior with the "dual structure." It is demonstrated that actual interregional milk... |
| Tipo: Technical Report |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1996 |
URL: http://purl.umn.edu/122832 |
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| Suzuki, Nobuhiro; Judson, D.H.. |
| This article represents an econometric assessment of the role that deficiency payments have played in developing the Japanese fluid and manufacturing milk markets and the potential effects of reducing deficiency payments on these milk markets. Principal findings are: (a) an historical simulation of the model without deficiency payments and import quotas indicates that these measures have reduced the variation in milk prices that would have otherwise occurred under this model, and price supports through these measures have resulted in greater milk production than would have accrued without price supports; and (b) a reduction in deficiency payments beginning in 1998 results in a decrease in milk prices and manufacturing milk supply and an increase in fluid... |
| Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy; Livestock Production/Industries. |
| Ano: 1991 |
URL: http://purl.umn.edu/32619 |
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| Suzuki, Nobuhiro; Kaiser, Harry M.. |
| This article examines whether the assumption of perfect competition in the U.S. dairy industry biases the findings of economic impacts of generic dairy advertising. An imperfect competition model based on an approach similar to that of Appelbaum is developed and used to evaluate generic milk advertising. The results are compared with a perfect competition model. The findings indicate positive price and quantity impacts due to generic advertising. The differences in magnitude of impacts between the two models are small, suggesting that the assumption of perfect competition for U.S. dairy models is plausible. |
| Tipo: Journal Article |
Palavras-chave: Evaluation; Generic milk advertising; Imperfect competition model; Marketing. |
| Ano: 1997 |
URL: http://purl.umn.edu/15052 |
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