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Registros recuperados: 38
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Agricultural trade in North America: Trade creation, regionalism and regionalisation AgEcon
Miljkovic, Dragan; Paul, Rodney.
Trade creation in agricultural products is defined as a statistically significant positive break in the trend function of the growth in exports and imports between member countries. The present study attempts to determine the time of any break in the trend of real exports and imports between the Canada–USA Free Trade Agreement (CUSTA) and the North American Free Trade Agreement (NAFTA) member countries for the years 1980:I through 1999:II, and document the scale of the phenomenon. The present study finds trade creation only occurs in USA agricultural exports to Canada because of CUSTA. The results confirm the theory that the regionalism of NAFTA did not lead to regionalisation or an increasing share of intraregional international trade.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/116991
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Analysis of Multiple Structural Breaks in Relative Farm Prices in the United States, 1913-2003 AgEcon
Jin, Hyun Joung; Miljkovic, Dragan.
We analyze the movement of farm prices relative to other commodity prices in the period 1913:1-2003:12, investigating the number and time of structural breaks and discussing likely causes of structural breaks in the relative farm prices. Bai and Perron's (1998, 2003) multiple structural change test with a dynamic programming algorithm is used. This test makes it possible to have an efficient computation of the estimates of the break points as global minimizers of the sum of squared residuals. We find 6 structural breaks when we consider only the mean process and 2 breaks when we consider the mean and autoregressive processes. Possible causes for these breaks are discussed.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Prices; Other Commodity Prices; Multiple Structural Breaks; Research Methods/ Statistical Methods; Q11; C22.
Ano: 2005 URL: http://purl.umn.edu/19118
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Data Aggregation and Information Loss AgEcon
McKee, Gregory J.; Miljkovic, Dragan.
Analysts often use a single average or otherwise aggregated price series to represent several geographic or product markets even when disaggregate data are available. We hypothesize that such an approach may not be appropriate under some circumstances, such as when only long-term relationships hold among price series or when homogeneous but relatively perishable products are considered. This question is of particular relevance in agriculture because of seasonality in production and harvest across various production regions, and the effect of changes in demand as substitute crops become available. We analyze this question in the context of fresh strawberry production. We find that in the case of the strawberry market, aggregate series are appropriate for...
Tipo: Conference Paper or Presentation Palavras-chave: Strawberry; Price; Cointegration; Granger causality; Average price; Research Methods/ Statistical Methods.
Ano: 2007 URL: http://purl.umn.edu/9843
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DISCUSSANT'S COMMENTS FOR AMERICAN AGRICULTURAL ECONOMICS ASSOCIATION ANNUAL MEETING, SELECTED PAPERS SESSION SP-3X, "INTERNATIONAL HUMAN RESOURCE ISSUES" AgEcon
Miljkovic, Dragan.
This session focuses on applications of various migration, family labor and labor market models in international settings. Papers include: Rural Labor Mobility in China: Net Flows and Trends, Bryan Lohmar and Scott Rozelle, University of California-Davis; Changbao Zhao, Research Center for Rural Economics, Beijing. Fertility Desires and Sample Selection Bias: The Case of Senegal, Diafuka Saila-Ngita, Boris Bravo-Ureta, and Rafael Perez-Escamilla, University of Connecticut. Intergenerational Succession in Israeli Family Farms Ayal Kimhi and Noga Nachlieli, Hebrew University. A Panel Data Approach to the Output-Inflation Tradeoff: A Review of the International Evidence, Harold Zavarce, Carolina Pagliacci, and Maria-Christina Espinoza, Texas A&M...
Tipo: Conference Paper or Presentation Palavras-chave: Labor and Human Capital.
Ano: 1998 URL: http://purl.umn.edu/20932
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Dynamic Relationships Between Farm Real Estate Values and Federal Farm Program Payments AgEcon
Shaik, Saleem; Miljkovic, Dragan.
This study examines the dynamic relationships among farm real estate values, farm returns, farm program payments, and real interest rates in an income capitalization model. Endogeneity is assumed among the variables in a dynamic framework because the direction of causality is unclear from a theoretical standpoint. The analysis encompasses the period beginning with the introduction of the first farm bill in 1933 and ending in 2006. Results indicate farm program payments have positive direct impacts in the short run and positive indirect impacts (via farm returns) in the long run on farm real estate values.
Tipo: Journal Article Palavras-chave: Dynamics; Farm program payments; Farm real estate values; U.S. data 1933 – 2006; Vector error correction model; Agricultural and Food Policy; Land Economics/Use.
Ano: 2010 URL: http://purl.umn.edu/61069
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Effects of Japanese Import Demand on U.S. Livestock Prices: Reply AgEcon
Miljkovic, Dragan; Marsh, John M.; Brester, Gary W..
In responding to a comment article, we concur that quantifying U.S. livestock price response to changing Japanese met import demand requires nonzero supply elasticities beyond one quarter. However, rigidities in market trade and empirical tests justify the inclusion of exchange rates in the short-run analysis. Producer welfare asymptotically approaches zero for increasing supply elasticities in the long run, but short-run transitions in producer surplus are meaningful to producers.
Tipo: Journal Article Palavras-chave: Exchange rates; Import demand; Supply response; Q17; F14; C32.
Ano: 2004 URL: http://purl.umn.edu/42940
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EMPLOYMENT IN AGRIBUSINESS AND PURCHASES OF AGRICULTURAL PRODUCTS: THE EFFECTS OF MONETIZATION IN YUGOSLAVIA AgEcon
Miljkovic, Dragan; Garcia, Roberto J..
Efforts to stabilized employment and output in the agricultural sector of Yugoslavia through monetization contributed to inflationary pressures. Granger causality tests suggested that increases in the rate of growth in the supply of money to subsidize state-owned agribusiness were insufficient to maintain purchases of wheat and corn, but did cause purchases of cattle and swine. This result may be explained by producers having more flexibility in grain marketing (i.e., storage options and private buyers) and the perishability issues related to livestock marketing. The policy to maintain employment through monetization is shown to have been ineffective.
Tipo: Journal Article Palavras-chave: Agribusiness; Employment; Granger causality; Inflation; Money supply; State purchases; Yugoslavia; Agribusiness.
Ano: 1996 URL: http://purl.umn.edu/15123
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Food Recalls and Food Safety Perceptions: The September 2006 Spinach Recall Case AgEcon
Onyango, Benjamin M.; Miljkovic, Dragan; Hallman, William K.; Nganje, William E.; Condry, Sarah C.; Cuite, Cara L..
This paper examines public perceptions on food safety particularly relating to spinach, which was subject of countrywide recall in 2006. Results indicate that food safety perceptions may be driven by public trust/confidence in institutions whose activities may be directly or indirectly related to food safety. The results further suggest that food safety perceptions may also be related to the type of the product; for example, the public perceives frozen spinach differently from bagged fresh spinach. Additionally, the results show that low levels of objective knowledge about food pathogens and the resulting illnesses have implications on overall food safety. Results further indicate that females and Caucasians perceived the four types of spinach as safe for...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2007 URL: http://purl.umn.edu/9679
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Food Recalls and Food Safety Perceptions: The September 2006 Spinach Recall Case AgEcon
Onyango, Benjamin M.; Miljkovic, Dragan; Hallman, William K.; Nganje, William E.; Condry, Sarah C.; Cuite, Cara L..
This study analyzes public perceptions of food safety using a national survey conducted in November 2006, soon after the September 2006 nationwide spinach recall. We explore relationships between peoples’ perceived risks of food contamination (spinach in this case) and their trust in the institutions in charge of safeguarding/ensuring safety. Finally, we examine relationships between individual observance of basic good food handling practices and food safety. Trust in institutions through which food passes and regulatory agencies were shown to be critical in determining food safety perceptions. For example, confidence in the USDA as a regulatory agent was viewed positively, and hence contributed toward viewing the four types of spinach as safe for...
Tipo: Journal Article Palavras-chave: Food recalls; Food safety; Public perceptions; Spinach; Agribusiness; Food Consumption/Nutrition/Food Safety.
Ano: 2008 URL: http://purl.umn.edu/90563
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Food Recalls and Food Safety Perceptions: The September 2006 Spinach Recall Case AgEcon
Onyango, Benjamin M.; Miljkovic, Dragan; Hallman, William K.; Nganje, William E.; Condry, Sarah C.; Cuite, Cara L..
This study analyzes public perceptions on food safety using a national survey conducted soon after the nationwide spinach recall (November 2006). We explore relationships between peoples' perceived risks of food contamination (spinach in this case) and their trust in the institutions in charge of safeguarding/ensuring safety. Finally, we explore relationships between individual observance of basic good food handling practices and food safety. Trust in institutions through which food passes and regulatory agencies were shown to be critical in determining food safety perceptions. For example, skepticism with which the public views food corporations (processors, transporters or retailers) impacted food safety perceptions negatively. On the other, confidence...
Tipo: Working or Discussion Paper Palavras-chave: Food recalls; Food safety; Public perceptions; Spinach; Food Consumption/Nutrition/Food Safety.
Ano: 2007 URL: http://purl.umn.edu/10004
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Food Safety Risk Perceptions as a Tool for Market Segmentation: The U.S. Poultry Meat Market AgEcon
Onyango, Benjamin M.; Rimal, Arbindra; Miljkovic, Dragan; Hallman, William K..
This study explores the application of risk perceptions as a segmentation tool in the poultry meat market. Principal component analysis is used to examine data from a 2006 survey on a potential avian influenza outbreak in the U.S. The results suggest that the perceived level of safety of poultry meat will drive consumption choices in the case of an avian influenza outbreak. Based on the perceived safety level, the poultry meat product market was categorized into those that are home cooked and from familiar brands, the technological/novel, and organic/fast food poultry products, with the first category being perceived as the safest and the third as the least safe. The results also show significant differences in public trust in the avian influenza...
Tipo: Journal Article Palavras-chave: Food Consumption/Nutrition/Food Safety; Livestock Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/99763
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Food safety risk perceptions as a tool for market segmentation: The USA poultry meat market AgEcon
Onyango, Benjamin M.; Rimal, Arbindra; Miljkovic, Dragan; Hallman, William K..
This study uses data from a 2006 survey on potential AI outbreak in USA to explore application of risk perceptions as a segmentation tool in the poultry meat market. Preliminary results from principal component analysis (PCA) suggest that the poultry meat specific safety level will drive people consumption choices in AI outbreak. Based on the perceived safety level, poultry meat product market was categorized into: (1) the home cooked and familiar brands; (2) the technological/novel; and (3) organic/fast food poultry products. The results further show differential public trust AI advice across institutions.
Tipo: Conference Paper or Presentation Palavras-chave: Avian Influenza; Market segmentation; Poultry industry; Agribusiness; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/46743
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Impact of Changes in Dietary Preferences on U.S. Retail Demand for Beef: Health Concerns and the Role of Media AgEcon
Miljkovic, Dragan; Mostad, Daniel.
The objective of this study is twofold: first, to determine if, in the long run, health concerns affect the retail demand for beef in the United States via changes in consumer dietary preferences, and second, to establish if media coverage of popular diets (media frenzy) causes the change in retail demand for beef or if it simply reports the facts about the changes in consumer dietary preferences. Data used in the analysis are the quarterly retail demand index for beef and the number of newspaper articles and magazine features on low-fat/low-cholesterol and low-carb diets published in the United States between 1990:I and 2004:IV. Johansen’s (1991, 1995) cointegration method and vector error correction (VEC) model-based Granger causality test were used in...
Tipo: Journal Article Palavras-chave: Beef demand; Cointegration; Granger causality; Health concerns; Media; Vector error correction; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2005 URL: http://purl.umn.edu/59684
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Impact of Changes in Dietary Preferences on U.S. Retail Demand for Beef: Health Concerns and the Role of Media AgEcon
Miljkovic, Dragan; Mostad, Daniel.
The goal of this study is twofold: to determine if in the long run health concerns affect, via changes in consumer dietary preferences, the retail demand for beef in the United States and to establish if media coverage of popular diets (media frenzy) causes the change in retail demand for beef, or if it simply reports the facts about the changes in consumer dietary preferences. Data used in the analysis are the quarterly retail demand index for beef and the number of newspaper articles and magazine features on low-fat, low-cholesterol and low-carb diets published in the United States between 1990:I and 2004:IV. Johansen's cointegration method and vector error correction (VEC) model based Granger causality test were used in the long-run and short-run...
Tipo: Conference Paper or Presentation Palavras-chave: Health concerns; Media; Demand for beef; Cointegration; VEC; Granger causality; Food Consumption/Nutrition/Food Safety; D12; Q13.
Ano: 2005 URL: http://purl.umn.edu/19487
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Impact of Ethanol Policies on Livestock Production in the United States AgEcon
Miljkovic, Dragan; Shaik, Saleem; Braun, Dane.
This study was conducted to analyze the direct and indirect effects of ethanol policy on livestock production. Results of the theoretical model indicate the possibility of ethanol policy indirectly affecting livestock production. Econometric results show a possibility of ethanol policy indirectly impacting cattle production through the RFS’s influence on corn quantity. Policy makers’ intentions with ethanol policy likely were to increase ethanol consumption rather than to directly affect cattle production. However, results of the reduced form equation indicate that the RFS increased the cattle quantity, which represents a direct outcome of ethanol policy on cattle production. Policy makers can utilize the information provided in this study to...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production; Ethanol Policies; Agricultural and Food Policy; Demand and Price Analysis; Livestock Production/Industries; Production Economics; Q17.
Ano: 2011 URL: http://purl.umn.edu/98783
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Import Demand for Quality in the Japanese Beef Market AgEcon
Miljkovic, Dragan; Jin, Hyun Joung.
The case of reduction in ad valorem tariffs as a trade liberalization policy is considered in this article. It is shown that the reduction leads to a higher quality of imports, ceteris paribus. This hypothesis was tested on the case of Japanese beef imports from the United States and Australia. U.S. beef, according to the results of Gallup surveys, is considered by Japanese consumers to be a high quality product, while Australian beef is considered to be a low quality product. Empirical results support the hypothesis. Moreover, the recent domination of U.S. beef in the Japanese market is further explained by increasingly more efficient U.S. beef production relative to Australian production and a strong income effect, where an increase in per capita income...
Tipo: Journal Article Palavras-chave: Ad valorem tariff; Beef imports; Japan; Quality; Trade liberalization; International Relations/Trade.
Ano: 2006 URL: http://purl.umn.edu/10222
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IMPORT PRICES AND HARD CURRENCY CONSTRAINTS IN EASTERN EUROPE: IMPLICATIONS FOR COARSE GRAIN IMPORTS AND PRODUCTION OF MEAT AgEcon
Garcia, Roberto J.; Miljkovic, Dragan; Gomez, Miguel I..
The objectives of this study were (a) to determine the degree to which hard currency earnings constrained overall imports and coarse grain imports in command economies; (b) to measure the importance of import prices on grain imports and to trace the link of grain availability to meat production; and (c) to determine how economic and political reforms in the selected countries may have affected the hard currency constraint, the importance of import prices, and grain imports and meat production. The results indicate that import demand was constrained by earnings of hard currency, but was not responsive to world prices, and meat production was affected by total grain availability, including imports.
Tipo: Journal Article Palavras-chave: Coarse grain imports; Hard currency; Eastern Europe; Import prices; Meat production; Political reforms; International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/15085
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Income Effects on the Trade Balance in the United States: Analysis by Sector AgEcon
Miljkovic, Dragan; Paul, Rodney.
This study examines the causes of the countercyclicality of the trade balance in the three major sectors of the U.S. economy: services, manufacturing, and agriculture. These results are compared with the results pertinent to the U.S. economy as a whole. At the macroscopic level, Sachs’ hypothesis seems to explain the countercyclicality of the trade balance, while results are mixed across individual sectors. The services sector may be explained by Sachs’ hypothesis, while results for the manufacturing sector are more consistent with the real business cycle hypothesis. The results for the agricultural sector, however, cannot be explained by either hypothesis.
Tipo: Journal Article Palavras-chave: Decomposition of variance; Real business cycle; Trade balance; Agribusiness; International Relations/Trade; F4; E32.
Ano: 2008 URL: http://purl.umn.edu/47271
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JAPANESE IMPORT DEMAND FOR U.S. BEEF AND PORK: EFFECTS ON U.S. RED MEAT EXPORTS AND LIVESTOCK PRICES AgEcon
Miljkovic, Dragan; Marsh, John M.; Brester, Gary W..
Japanese import demand for U.S. beef and pork products and the effects on domestic livestock prices are econometrically estimated. Japan is the most important export market for U.S. beef and pork products. Results indicate foreign income, exchange rates, and protectionist measures are statistically significant. The comparative statistics quantify the effects of recent economic volatility. For example, the 1995-1998 depreciation in the Japanese yen (39%) reduced U.S. slaughter steer and hog prices by $1.29 per cwt and $0.99 per cwt, respectively, while the 1994-1998 reduction in tariffs (14%) increased slaughter steer and hog prices by $0.49 per cwt and $0.33 per cwt, respectively. Livestock producers will continue to have a vested interest in Asian...
Tipo: Journal Article Palavras-chave: Elasticities; Exchange rates; Import demand; Income; Tariffs; Demand and Price Analysis; Q17; F14; C32.
Ano: 2002 URL: http://purl.umn.edu/15072
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JAPANESE IMPORT DEMAND FOR US BEEF AND PORK: EFFECTS ON US RED MEAT EXPORTS AND LIVESTOCK PRICES AgEcon
Miljkovic, Dragan; Marsh, John M.; Brester, Gary W..
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: Demand and Price Analysis; International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/14545
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