Data/hora: 11/06/2024 15:36:12

Provedor de dados: | 31
País: | United States
Título: | Effects of Japanese Import Demand on U.S. Livestock Prices: Comment
Autores: | Kinnucan,   Henry W.
Data: | 2008-09-22
Ano: | 2004
Palavras-chave: | Elasticities; Exchange rates; Import demand; Income; Supply response; Tariffs; Q17; F14; C32.
Resumo: | A recent study of Miljkovic, Marsh, and Brester estimates that reductions in the Japanese tariff-rate quota between 1993 and 2001 increased U.S. beef prices by $1.03 per cwt and yen depreciation between 1995 and 1998 reduced U.S. hog prices by $0.99 per cwt.  Relaxing the assumption that U.S. beef and hog supplies are fixed cuts the total elasticities underlying these estimates by 50% or more.  The upshot is that shocks in the Japanese market have little effect on U.S. beef and pork prices.  Hence, producers may be better off focusing on domestic issues such as dietary concerns over red meat consumption.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/43432
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 36, Number 01, April 2004
Formato: | 5