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| Listorti, Giulia; Esposti, Roberto. |
| This paper aims at making the world price endogenous within the AGMEMOD modelling approach. This approach constructs country-level commodity market models where supply and demand sides are equalized on the basis of the observed domestic prices. These prices are endogenous as they depend (price transmission equation) on a EU key-price, which is, in turn, endogenously determined by the world price (price formation equation). The world prices, however, are assumed to be exogenous. To make the world price endogenous, we propose a system of equations where the EU key-price and the world price are simultaneously determined. This system of equations, written in a dynamic and error-correction form (VECM), substitutes the usual price-formation equation, while price... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Price Formation and Transmission; Commodity Market Models; VECM; Demand and Price Analysis; Research Methods/ Statistical Methods; Q110; Q170. |
| Ano: 2008 |
URL: http://purl.umn.edu/6659 |
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| Pan, Suwen; Hudson, Darren; Mutuc, Maria Erlinda M.. |
| This paper analyzed the effects of the U.S. domestic offset program on the world cotton markets using a partial equilibrium model following the assumption given by Brown et al. (2010). The results in our study are largely similar to those of Baker et al. and Brown et al., confirming that study’s findings that ACES, and its domestic offset program in particular, would cause increases in the domestic prices of several agricultural commodities. However, the overall effects of this increase in the world price on total world trade is tempered by increased exports from India, Brazil, Uzbekistan, Australia, and Western & Central African countries. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Offset program; Cotton; Agricultural and Food Policy; International Relations/Trade; Q170; Q180. |
| Ano: 2011 |
URL: http://purl.umn.edu/98557 |
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| Schimmenti, Emanuele; Asciuto, Antonio; Galati, Antonino; Carapezza, Rosario. |
| In the last few years the Italian flower and ornamental plant sector has been characterized by a significant dynamicity, becoming one of the most important sectors of the Italian agricultural system. In terms of competitiveness, however, the above sector has faced several market crises due to the globalization process which has produced has brought about an increasing supply of flower and ornamentals in the world market. In a national context, Mezzogiorno is an important area in terms of production source for flowers and ornamental plants, in relation to both extremely favorable climatic conditions and specific economic situations which positively affect profitability of firms operating in some productive sub-sectors (e.g., the ornamental plant sector).... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Competitiveness; Flowers and Ornamental Plants Sector; International Trade; Mezzogiorno; F140; Q170. |
| Ano: 2008 |
URL: http://purl.umn.edu/48301 |
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| Plastina, Alejandro S.; Giannakas, Konstantinos. |
| This paper analyzes the market and welfare effects of the introduction of GM products in small open developing economies that, prior to the adoption of GM crops, were net exporters of non-GM products. It explicitly accounts for differences in consumer attitudes towards GM products and producer agronomic characteristics as well as for the structure and conduct of the GM seed suppliers. Different scenarios concerning different labeling regimes in the small exporting country and the world market of the products are considered. A positive welfare effect of the introduction of GM products to small open economies should not be taken for granted. While yield increases and cost reductions associated with the GM technology are certainly important, their presence... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies; L150; Q130; Q170. |
| Ano: 2005 |
URL: http://purl.umn.edu/19484 |
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| Zhu, Jing; Zhu, J.. |
| China's accession to the WTO poses great challenges to the Chinese agricultural sector, especially to the grain producers. Compared with major grain exporters in the world, most grain crops in China are high in production cost and weak in market competitiveness. This can be partly attributed to the fact that Chinese farmers are facing with poorer agricultural production infrastructures and inadequate public investment in agricultural research and extension, which leads to the lower efficiency in private inputs and thus higher private cost per unit of product. After China joining the WTO, protective and administrative measures conflicted with the URAA cannot be utilized as before. Alternative measures should be explored to provide help to farmers to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Public investment; Agricultural research; Grain production; China; WTO; Crop Production/Industries; H540; Q170; Q180. |
| Ano: 2003 |
URL: http://purl.umn.edu/25825 |
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