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Registros recuperados: 7
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Analysis of Import Demand for Wooden Beds in the U.S. AgEcon
Wan, Yang; Sun, Changyou; Grebner, Donald L..
The market of wooden beds in the U.S. has been flooded with imports from China and Vietnam in recent years. Static and dynamic Almost Ideal Demand System models are used to assess the import demand for wooden beds from the top seven supplying countries. The analyses reveal that the antidumping investigation on China has some temporary trade depression effect on China, but trade diversion occur to Vietnam, Indonesia, Canada, and Brazil. The formal implementation of antidumping duties since 2005 has not shown any significant effect on the trade pattern. U.S. consumers spend more on beds from newly industrialized countries and there are moderate degrees of substitution among wooden beds from most countries.
Tipo: Journal Article Palavras-chave: Antidumping; Cointegration; Demand elasticity; Furniture; Trade diversion; Agribusiness; Consumer/Household Economics; Demand and Price Analysis; Financial Economics; Marketing; C32; D12; F14; Q23.
Ano: 2010 URL: http://purl.umn.edu/100522
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CHINESE CONSUMER DEMAND FOR ANIMAL PRODUCTS AND IMPLICATIONS FOR U.S. PORK AND POULTRY EXPORTS AgEcon
Wang, Qingbin; Fuller, Frank H.; Hayes, Dermot J.; Halbrendt, Catherine K..
This paper examines Chinese consumer preference for major animal products and assesses the potential impacts of a reduction in China's import tariff on its pork and poultry demand and net import. Our analysis suggests that China's demand for animal products will continue to grow as income increases. Using a trade model, results of our scenario analysis indicate that a reduction in China's import tariffs will significantly increase its net pork and poultry imports and the U.S. will capture most of the increases. Nevertheless, the impact on the market price in China and the U.S. is likely to be very small.
Tipo: Journal Article Palavras-chave: Almost Ideal Demand System; China; Consumer demand; Demand elasticity; Food demand; Partial equilibrium model; Two-stage budgeting; U.S. meat export; Demand and Price Analysis; International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/15102
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Elasticities of Demand for Consumer Credit AgEcon
Karlan, Dean S.; Zinman, Jonathan.
The price elasticity of demand for credit has major implications for macroeconomics, finance, and development. We present estimates of this parameter derived from a randomized trial. The experiment was implemented by a consumer microfinance lender in South Africa and identifies demand curves that, while downward-sloping with respect to price, are flatter than recent estimates in both developing and developed countries throughout most of a wide price range. However, demand becomes highly price sensitive at higher-than-normal rates. We discuss several interpretations of this kink and present some related evidence. We also find that loan size is far more responsive to changes in loan maturity than to changes in interest rate. This pattern is more pronounced...
Tipo: Working or Discussion Paper Palavras-chave: Credit markets; Microfinance; Demand elasticity; Development finance; Maturity elasticity; Consumer credit; Liquidity constraints; Consumer/Household Economics; Demand and Price Analysis; D1; D9; E2; G2; O1.
Ano: 2005 URL: http://purl.umn.edu/28485
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Estimation of Demand Elasticity for Food Commodities in India AgEcon
Kumar, Praduman; Kumar, Anjani; Parappurathu, Shinoj; Raju, S.S..
The food demand in India has been examined in the context of a structural shift in the dietary pattern of its population. The results have reinforced the hypothesis of a significant diversification in the dietary pattern of households in recent years and has found stark differences in the consumption pattern across different income quartiles. The food demand behaviour has been explained using a set of demand elasticities corresponding to major food commodities. The demand elasticities have been estimated using multi-stage budgeting with QUAIDS model and another alternative model, FCDS. The study has revealed that the estimated income elasticities vary across income classes and are lowest for cereals group and highest for horticultural and livestock...
Tipo: Journal Article Palavras-chave: Food demand; Demand elasticity; QUAIDS model; FCDS model; Household food demand; Agricultural and Food Policy; Q11; Q18.
Ano: 2011 URL: http://purl.umn.edu/109408
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Firm-specific information, product differentiation, and industry equilibrium AgEcon
Perloff, Jeffrey M.; Salop, Steven.
Where consumers have imperfect information about specific firms’ prices and lack information about the market, firms have informational market power. In general, improving the consumer’s information about each firm’s price will not necessarily lower average market price. We show, however, that certain types of improvements will lower price. Moreover, a reduction in barriers to entry (e.g., capital costs) will lower price-holding information constant. Where a significant number (but not all) consumers have perfect information, single-price equilibria are impossible.
Tipo: Working or Discussion Paper Palavras-chave: Competition; Consumers; Consumers' preferences; Consumer education; Mathematical models; Demand elasticity; Economics; Equilibrium; Marketing; Consumer/Household Economics; Demand and Price Analysis.
Ano: 1985 URL: http://purl.umn.edu/47003
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Fruit and Vegetable Consumption by Low-Income Americans: Would a Price Reduction Make a Difference? AgEcon
Dong, Diansheng; Lin, Biing-Hwan.
Americans’ diets, particularly those of low-income households, fall short of Government recommendations in the quantity of fruits and vegetables consumed. Some proposals suggest that a price subsidy for those products would encourage low-income Americans to consume more of them. This study estimated that a 10-percent subsidy would encourage low-income Americans to increase their consumption of fruits by 2.1-5.2 percent and vegetables by 2.1-4.9 percent. The annual cost of such a subsidy for low-income Americans would be about $310 million for fruits and $270 million for vegetables. And most would still not meet Federal dietary recommendations.
Tipo: Report Palavras-chave: Price subsidy; Demand elasticity; Food consumption; Fruits and vegetables; Low income; Homescan Data; Supplemental Nutrition Assistance Program (SNAP); National Health and Nutrition Examination Survey (NHANES); And MyPyramid; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/55835
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How Increased Food and Energy Prices Affect Consumer Welfare AgEcon
Huang, Kuo S.; Huang, Sophia Wu.
We analyze the consumer welfare effects of increased food and energy prices and find that the own-price elasticities of both food and energy are relatively inelastic, which explain well the dynamics of the recent soaring food and energy prices. The estimated demand elasticities are then used to analyze the consumer welfare effects of price changes in food and energy. The results indicate that an increase of food and energy prices would incur a substantial consumer welfare loss, which is a heavy burden for low income households.
Tipo: Conference Paper or Presentation Palavras-chave: Demand elasticity; Compensating variation; Consumer welfare; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/49199
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