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AN ECONOMETRIC ANALYSIS OF DEMAND FOR MEAT AND FISH PRODUCTS IN KOREA AgEcon
Jung, Jione; Koo, Won W..
This study analyzes the structure of Korean meat and fish product demand. The Linear Approximate Almost Ideal Demand System (LA/AIDS) is used to estimate Korean meat and fish demand. Since the expenditure term is endogenous, the three-stage least squares (3SLS) estimator is used to estimate the demand system. Empirical results indicate that beef imports would increase with increases in per capita income. If imported beef becomes less expensive as a result of the trade liberalization policy adopted by the Korean government, Hanwoo beef would not be competitive and could lose its market share. Pork and chicken would be able to maintain market shares, but most fish products would lose market shares.
Tipo: Working or Discussion Paper Palavras-chave: Demand; Almost ideal demand system; Meat; Fish; Endogeneity; Rotterdam model; Separabiilty; Estimator; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2000 URL: http://purl.umn.edu/23122
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Demand Analysis of the U.S. Fresh Tomato Market AgEcon
VanSickle, John J.; Jung, Jione; Seale, James L., Jr..
The U.S. fresh tomato industry has been growing significantly over the past several decades. However, as a net importer of fresh tomatoes, the United States imported 36% of total fresh tomato consumption in 2002. The objective of this study is to estimate U.S. demand for domestic and import fresh tomatoes using empirical demand models. Conditional price and expenditure elasticities for U.S. fresh tomato demand are estimated.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/35565
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DEMAND FOR MEAT AND FISH PRODUCTS IN KOREA AgEcon
Jung, Jione; Koo, Won W..
The Korean livestock industry is currently facing the critical challenge of the market liberalization trend under the World Trade Organization. This study analyzes the consumption behavior of meat and fish products in Korea, by estimating the Linear Approximate Almost Ideal Demand System (LA/AIDS). The empirical results indicate that beef imports in Korea would increase in the future under trade liberalization. If cheap and better quality imported beef are introduced to Korean consumers, Hanwoo (Korean domestic cattle) beef would not maintain its market share. Key words: Meat, fish, trade liberalization, per capita consumption, demand, separability, and price elasticity.
Tipo: Conference Paper or Presentation Palavras-chave: Meat; Fish; Trade liberalization; Per capita consumption; Demand; Separability; And price elasticity.; Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/19895
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EFFECTS OF THE SUSPENSION AGREEMENT: U.S.-MEXICO FRESH TOMATOES ANTIDUMPING CASE AgEcon
Jung, Jione.
This paper analyzes the effects of the suspension agreement of the U.S.-Mexico fresh tomatoes antidumping cases on U.S. consumers. A linear and dynamic version of an inverse almost ideal demand system is developed to estimate consumer behavior. The measure of consumer welfare – compensating and equivalent variations – is derived specifically for the inverse demand system. The variation of cross-price flexibilities obviously reduced since the minimum export price system came into effect, but consumer welfare does not seem to change much in the circumstance. The consumers’ budget share on domestic fresh tomatoes is likely to reduce and it suggests that the suspension agreement may not guarantee the profit of domestic producers either.
Tipo: Conference Paper or Presentation Palavras-chave: Tomato; Antidumping; Inverse demand; Consumer welfare; Demand and Price Analysis; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/49285
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Risk Management Practices for Specialty Crop Producers in California, Florida, New York, and Pennsylvania AgEcon
Jung, Jione; Weldon, Richard N.; VanSickle, John J..
Tipo: Working or Discussion Paper Palavras-chave: Crop Production/Industries; Risk and Uncertainty.
Ano: 2005 URL: http://purl.umn.edu/15711
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Risk-Management Practices for Specialty-Crop Producers in California, Florida, New York, and Pennsylvania AgEcon
Weldon, Richard N.; Jung, Jione.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Risk and Uncertainty.
Ano: 2005 URL: http://purl.umn.edu/26733
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Specialty crop producers' crop insurance decisions AgEcon
VanSickle, John J.; Weldon, Richard N.; Jung, Jione.
Virtually all the studies reviewed examined the crop insurance participation decision of midwestern producers of corn, soybeans, or other feed grains. Such program crops also have price or income support programs, which make crop producers less vulnerable to risk. Therefore, the role and implication of crop insurance for program crops may be different from those for non-program crops including specialty crops. Consequently, the results from the studies for program crops may not be applicable to specialty crop cases. The objective of this study is to analyze factors affecting specialty crop producers’ uses of crop insurance as a risk management tool.
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2005 URL: http://purl.umn.edu/35621
Registros recuperados: 7
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