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A Component Methodology to Assess The Impact of Protein Imports on the U.S. Dairy Industry AgEcon
Bailey, Kenneth W.; Wu, Zhen; Emvalomatis, Grigorios.
This paper provides an assessment of the protein content of U.S. trade in dairy products and their potential impact on U.S. milk prices. The protein in imports of MPC, Casein & Albumins accounted for 5-6 percent of protein in total U.S. consumption during the period 1997-2002.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/20354
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AN ECONOMIC MODEL OF U.S. IMPORTS OF BUTTER AND MILK FAT PRODUCTS AgEcon
Bailey, Kenneth W.; Wu, Zhen.
This study developed a model to explain monthly imports of butter and butter substitutes. The U.S. imports butter and other high milk fat products that can substitute for a strict definition of butter. These products include dairy spreads, butter substitutes, anhydrous milk fat, and food preparations. The U.S. imports these high milk fat products under a tariff-rate quota system (TRQ) implemented by the World Trade Organization (WTO). This study quantified all the milk fat contained in U.S. butter and butter substitute imports. A conceptual model was developed to explain imports of these products under a TRQ system. And an econometric model was estimated to analyze the economic factors that drive over-quota imports. The model found that the wedge between...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/18846
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DECLINING OGALLALA AQUIFER AND TEXAS PANHANDLE ECONOMY AgEcon
Almas, Lal K.; Colette, W. Arden; Wu, Zhen.
The Texas Panhandle is one of the most unique and diversified agricultural areas in the world. Production agriculture contributes $3.41 billion in value-added production and more than $6.32 billion in economic activity annually. Eighty-five percent of the state’s fed beef, 45.8 percent of the wheat, 61.9 percent of the corn, and 23.0 percent of the sorghum are produced in the region. The growing livestock industry has accelerated the demand for feed grains in the area and has increased irrigation water demand. The Ogallala Aquifer is the primary source of irrigation water in the region. The depletion of the Ogallala by the excessive pumping of water is threatening the rural economy of the area. There is a critical need for developing sound water...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/34646
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