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| Costa, Rafael F.; Xia, Yan; Susanto, Dwi; Rosson, C. Parr, III; Adcock, Flynn J.. |
| This study analyzes the impacts of domestic and trade policy changes on the soybean complex using a Stochastic Equilibrium Displacement Model (SEDM). Three different policies, Loan Deficiency Payments (LDP), transportation costs and export taxes are considered in the analysis. The results indicate that Brazil benefits from a reduction in transportation costs and becomes more competitive in the global soybean market. Brazilian exports of soybeans increase due to relatively lower export prices. However, Brazil gains little improvement in the export competitiveness of the soybean joint products, soybean meal and oil. A lower U.S. LDP rate results in the loss of competitiveness for the United States in the world soybean market. Furthermore, the results show... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Trade; Loan Deficiency Payment; Soybean; Soybean Joint Products; Stochastic Equilibrium Displacement Model; Transportation Costs; Agricultural and Food Policy; International Relations/Trade. |
| Ano: 2008 |
URL: http://purl.umn.edu/45853 |
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