| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Effects of Japanese Import Demand on U.S. Livestock Prices: Reply
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| Autores: |
Miljkovic, Dragan
Marsh, John M.
Brester, Gary W.
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| Data: |
2008-09-09
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| Ano: |
2004
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| Palavras-chave: |
Exchange rates
Import demand
Supply response
Q17
F14
C32
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| Resumo: |
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.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/42940
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 36, Number 01, April 2004
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| Formato: |
4
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