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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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