Consulta: creatorFacets:"Mohanty,   Samarendu"
Registros recuperados: 58
Data/hora: 11/06/2024 07:17:26

Law of One Price in International Commodity Markets: A Fractional Cointegration Analysis
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Smith,   Darnell B.; Peterson,   E. Wesley F.; Meyers,   William H.
This paper examine the Law of One Price (LOP) in the International Commodity markets using a fractional cointegration analysis.  Out of nine pairs of price series examined, fractional cointegration supports the existence of the LOP in eight cases as compared to three cases as in standard cointegration process.
Tipo: Working or Discussion Paper
Palavras-chave: International Relations/Trade.
Ano: 1996
URL: http://purl.umn.edu/18400

The Impacts of U.S. Cotton Programs on the World Market: An Analysis of Brazilian and African WTO Petitions
Provedor de dados: 31
Autores: Pan,   Suwen; Mohanty,   Samarendu; Ethridge,   Don E.; Fadiga,   Mohamadou L.
Brazil, supported by Australia challenged U.S. cotton programs at the September 2003 meeting of the WTO settlement Body. Brazil complained that U.S. cotton subsidies such as marketing loans, export credits, commodity certificates, direct payments and counter cyclical payments are depressing world prices and are injurious to Brazilian farmers. In addition, the West and Central African Countries (WCA) countries of Benin, Burkina Faso, Mali and Chad have filed a petition with the WTO claiming that they are losing export earnings of 1 billion dollar a year as a result of subsidies by the United States and the European Union (BBMC, 2003). For WCA countries, both production and export of cotton have increased in the last decade but export revenues have declined...
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2004
URL: http://purl.umn.edu/53150

Time Series Evidence of Relationships Between U.S. and Canadian Wheat Prices
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Smith,   Darnell B.; Peterson,   E. Wesley F.
In this paper, relationships between U.S. and Canadian wheat prices are examined using cointegration and error correction approach.  The use of an error correction model is appropriate because U.S. and Canadian wheat prices are first differenced stationary and cointegrated.  The results suggest that both U.S. durum and hard spring wheat prices respond to restore the equilibrium relationship with the corresponding Canadian price while the Canadian price does not respond to restore equilibria.  That is, the structure of the respective policies is such that Canadian markets are largely insulated from influences flowing from the United States while U.S. markets are not insulated from Canadian influences.  These results could be interpreted to support the...
Tipo: Working or Discussion Paper
Palavras-chave: Crop Production/Industries; International Relations/Trade.
Ano: 1996
URL: http://purl.umn.edu/18575

The Impact of India's Cotton Yield on U.S. and World Cotton Markets
Provedor de dados: 31
Autores: Pan,   Suwen; Welch,   Mark; Mohanty,   Samarendu; Fadiga,   Mohamadou L.
Cotton is India’s main cash crop. It contributes to the livelihood of 60 million people and accounts for 30 percent of the country’s agricultural domestic product (Barwale et al., 2004). Total cotton acreage in India is estimated at 9 million hectares, the largest in the world (Gandhi, 2006). About 65 percent of cotton production activities are rainfed and subject to the vagaries of weather. Cotton is grown in nine states, spread over three agroclimatic zones with different planting schedules. Planting usually ends by the first week of June in northern regions (Punjab, Haryana, and Rajasthan), by mid-August in the central region (Gujarat, Maharashtra, and Madhya Pradesh), and by the first week of September in parts of the south (Andhra Pradesh, Karnataka,...
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2006
URL: http://purl.umn.edu/53149

Economic Growth in the Philippines: A Spatial Econometrics Analysis at the Provincial Level, 1991 – 2000.
Provedor de dados: 31
Autores: Pede,   Valerien O.; Huelgas,   Zenaida M.; Villano,   Lorena; Garcia,   Cornelia; McKinley,   Justin D.; Mohanty,   Samarendu.
Investigating the determinants of economic growth remains a long research tradition in the economic growth literature. Most studies in this literature have tried to link economic growth and different economic factors using either neoclassical growth theories or endogenous growth approaches. These studies apply these growth theories to identify the factors responsible for the observed differences/disparities between regions or countries. While early studies focused on cross-country analyses, the recent most studies consider regions or sub-national entities as unit of analysis. This has raised the question of whether theories developed for cross-country analysis could be automatically applied for regional or sub-national analysis. Given the profound...
Tipo: Conference Paper or Presentation
Palavras-chave: Community/Rural/Urban Development; Research and Development/Tech Change/Emerging Technologies; Research Methods/ Statistical Methods.
Ano: 2011
URL: http://purl.umn.edu/103651

PRICE INTEGRATION IN MERCOSUR COUNTRIES: A FRACTIONAL COINTEGRATION ANALYSIS
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Peterson,   E. Wesley F.; Smith,   Darnell B.
This paper examines price integration in the MERCOSUR countries of Argentina and Brazil after the creation of this regional economic agreement using a fractional cointegration analysis.  The results suggest that Argentine wheat and corn prices are fully cointegrated with the corresponding world prices, whereas Brazilian wheat prices are not cointegrated with the world price.  These results support the idea that, for these markets, MERCOSUR is operating more like a free trade area than a customs union with harmonized trade policies.  In case of soybean, neither soybean price is integrated with the world price, implying that both countries are pursuing similar export strategies that have the effect of isolating these markets from the world markets.  Within...
Tipo: Conference Paper or Presentation
Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 1998
URL: http://purl.umn.edu/20954

India Edible Oil Consumption: A Censored Incomplete Demand Approach
Provedor de dados: 31
Autores: Pan,   Suwen; Mohanty,   Samarendu; Welch,   Mark.
A Censored Incomplete Demand System is applied to household expenditures for edible oil in India. The results show that edible peanut oil is still a luxury good in India, whereas expenditure elasticities for other edible oils are relatively low. The food habit, location, education of household heads, and other demographic variables have significant effects on the choice of edible oils.
Tipo: Journal Article
Palavras-chave: Censored Incomplete Demand System; India edible oil; Unit value; Agribusiness; Demand and Price Analysis; Production Economics; C21; D1; Q11.
Ano: 2008
URL: http://purl.umn.edu/47261

The Food Aid and Food Security Analysis System: Jamaica Technical Manual
Provedor de dados: 31
Autores: Fabiosa,   Jacinto F.; Mohanty,   Samarendu; Smith,   Darnell B.; Meyers,   William H.; Batres-Marquez,   S. Patricia.
Tipo: Working or Discussion Paper
Palavras-chave: Food Security and Poverty.
Ano: 1997
URL: http://purl.umn.edu/18648

ASSESSING THE COMPETITIVENESS OF INDIAN COTTON PRODUCTION: A POLICY ANALYSIS MATRIX APPROACH
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Fang,   Cheng; Chaudhary,   Jagadanand.
This paper uses a modified policy analysis matrix (PAM) approach to assess the efficiency of cotton production in five major producing states in India. The results indicate that cotton is not efficiently produced in the second-largest cotton-producing state in the country. Without government interventions in this state, it is likely that acreage will move away from cotton to more profitable crops such as sugarcane and groundnut. In addition, we conclude that cotton is not the most efficiently produced crop in the other four states; however, there is at least one crop in each state that is less efficiently produced than cotton. These findings suggest that Indian policies directed at maintaining the availability of cheap cotton for the handloom and textile...
Tipo: Working or Discussion Paper
Palavras-chave: Crop Production/Industries.
Ano: 2002
URL: http://purl.umn.edu/18465

Sino-U.S. and Sino-E.U. Textile Safeguard Agreements: Comparing the Effects to Free Market Conditions
Provedor de dados: 31
Autores: Pan,   Suwen; Welch,   Mark; Mohanty,   Samarendu; Fadiga,   Mohamadou L.
The effects of Sino-US and Sino-EU safeguard agreements on US, China and world cotton and textile sectors are investigated using a partial equilibrium model. The effects are compared to a free trade scenario under the provisions of the Agreement on Textiles and Clothing (ATC).  The two agreements capping Chinese textile exports would decrease China's textile and apparel exports, production and domestic consumption by an average 1.57 percent, 0.63 percent and, 0.32 percent respectively.  The safeguard agreements cause an increase in the U.S. cotton textile price index and a slight decrease in U.S. net textile imports and textile consumption.  The agreements cause a decrease in the world cotton price and the quantity of cotton traded, but these trends...
Tipo: Conference Paper or Presentation
Palavras-chave: International Relations/Trade.
Ano: 2006
URL: http://purl.umn.edu/21117

World Cotton Outlook: Projections to 2015/16
Provedor de dados: 31
Autores: Ethridge,   Don E.; Welch,   Mark; Pan,   Suwen; Fadiga,   Mohamadou L.; Mohanty,   Samarendu.
The Global Fibers Model developed at the Cotton Economics Research Institute at Texas Tech University was used to generate 10-year projections of cotton and textile production, mill use, and trade for 24 countries/regions under specified assumptions for macroeconomic variables, weather, and policies/programs, referred to as the baseline. Global results and results for selected major countries are presented here. Results indicate a continued dominance of China in textile production and cotton trade, rising global production of cotton, and shifting cotton export market shares, with the U.S. losing and Brazil gaining.
Tipo: Working or Discussion Paper
Palavras-chave: Agricultural and Food Policy.
Ano: 2006
URL: http://purl.umn.edu/53169

THE IMPACTS OF U.S. COTTON PROGRAMS ON THE WEST AND CENTRAL AFRICAN COUNTRIES COTTON EXPORT EARNINGS
Provedor de dados: 31
Autores: Fadiga,   Mohamadou L.; Mohanty,   Samarendu; Pan,   Suwen.
This study uses a stochastic simulation approach based on a partial equilibrium structural econometric model of the world fiber market to examine the effects of a removal of U.S. cotton programs on the world market. The effects on world cotton prices and African export earnings were analyzed. The results suggest that on average an elimination of U.S. cotton programs would lead to a marginal increase in the world cotton prices thus resulting in minimal gain for cotton exporting countries in Africa.
Tipo: Conference Paper or Presentation
Palavras-chave: Stochastic simulation; Partial equilibrium model; United States; Africa; Cotton subsidies; Export earnings; Agricultural and Food Policy; Crop Production/Industries; Q11; Q17.
Ano: 2004
URL: http://purl.umn.edu/20312

Assessing the Impacts of the Chinese TRQ System and U.S. Subsidies on the World Cotton Market: Technical Annex
Provedor de dados: 31
Autores: Pan,   Suwen; Welch,   Mark; Mohanty,   Samarendu; Fadiga,   Mohamadou L.; Ethridge,   Don E.
This document is the technical annex to the full paper "Assessing the Impacts of the Chinese TRQ System and U.S. Subsidies on the World Cotton Market" which is available separately.
Tipo: Journal Article
Palavras-chave: International Relations/Trade.
Ano: 2005
URL: http://purl.umn.edu/23884

ESTIMATION OF DEMAND FOR WHEAT BY CLASSES FOR THE UNITED STATES AND THE EUROPEAN UNION
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Peterson,   E. Wesley F.
This study estimates demand for wheat differentiated by classes using a dynamic AIDS model for the United States and the European Union (EU). The results suggest that imported wheat is more price responsive than domestic wheat in the U.S. market but not in the EU market. This may suggest that the Canadian policy that reduces prices of Canadian wheat in the U.S. market or U.S. export subsidies that raise prices of U.S, wheat could be expected to give rise to substantial substitution of Canadian for U.S. wheat. It is also found that in the EU, complementary relationships exist between spring and other wheat groups, This complementary relationship between the lower and higher quality wheat in the EU is not surprising because EU millers blend cheaper wheat...
Tipo: Journal Article
Palavras-chave: Crop Production/Industries; Demand and Price Analysis.
Ano: 1999
URL: http://purl.umn.edu/31276

Impact of a Commodity Price Spike on Poverty Dynamics: Evidence from a Panel of Rural Households in Bangladesh
Provedor de dados: 31
Autores: Balagtas,   Joseph Valdes; Bhandari,   Humnath; Mohanty,   Samarendu; Cabrera,   Ellanie; Hossain,   Mahabub.
In this paper we assess the effects of the dramatic rise in agricultural commodity prices during 2007-2008 on income dynamics and poverty among rural households in Bangladesh. We use data from a nationally representative longitudinal survey of rural households in Bangladesh collected in four waves in 1988, 2000, 2004, and 2008. Nargis and Hossain (2006) analysed income dynamics and poverty incidence for the first three waves, finding a declining trend in both the incidence and depth of poverty, aided by in particular by human capital development and the off-farm labor opportunities. Here we update the analysis to include data collected in 2008, at the height of the aforementioned spike in agricultural prices. We find that various measures of rural poverty...
Tipo: Presentation
Palavras-chave: Poverty; Income; Commodity price spike; Rural households; Bangladesh; Panel data; Demand and Price Analysis; Food Security and Poverty.
Ano: 2012
URL: http://purl.umn.edu/124225

Chinese Tariff Rate Quota v.s. U.S. Subsidies: What Affects the World Cotton Market More?
Provedor de dados: 31
Autores: Pan,   Suwen; Welch,   Mark; Mohanty,   Samarendu; Fadiga,   Mohamadou L.; Ethridge,   Don E.
Paper replaced with new version 8/17/05
Tipo: Conference Paper or Presentation
Palavras-chave: Cotton; International trade; Subsidies; TRQ; International Relations/Trade; Q11; Q17.
Ano: 2005
URL: http://purl.umn.edu/19111

The Cost of the U.S. Sugar Program Revisited
Provedor de dados: 31
Autores: Beghin,   John C.; El Osta,   Barbara; Cherlow,   Jay R.; Mohanty,   Samarendu.
We revisit the cost of the U.S. sugar program by analyzing the welfare implications of its removal. We use a multimarket model of U.S. sweetener markets, which includes raw crops, sugar extraction and refining, high-fructose corn syrup, and sweetener users (food-processing industries and final consumers). Our approach addresses the industrial organization of food industries using sweeteners and treats the United States as a large importer. We estimate that, with the removal of the program, cane growers, sugar beet growers, and beet processors would lose $307 million, $650 million, and $89 million (1999 prices), respectively. Sweetener users would gain $1.9 billion (1999 prices). The deadweight loss of the current sugar program is estimated at $532 million...
Tipo: Working or Discussion Paper
Palavras-chave: Sugar program; Sweetener; Trade; Agricultural policy; Agricultural and Food Policy; Q18; Q17; F13.
Ano: 2001
URL: http://purl.umn.edu/18431

U.S. Proposal for WTO Hong Kong Ministerial Conference: What's at Stake for Cotton Producers?
Provedor de dados: 31
Autores: Fadiga,   Mohamadou L.; Mohanty,   Samarendu; Pan,   Suwen; Welch,   Mark.
This study analyzed the cost to U.S. cotton producers of two policy alternatives under which the U.S. seeks to cut its total AMS payments for cotton by 60%. We considered two scenarios; the U.S. decides to act unilaterally versus conducting the policy initiative along with multilateral tariff and subsidy eliminations from the Rest of the World.  The study found a 12% cut in target price and 8% cut in loan rate are necessary to reach the 60% AMS targeted reduction under the unilateral scenario. In that regards, U.S. net farm income decreases considerably despite an appreciation of U.S. farm price.  Under a multilateral trade liberalization from the Rest of the World, a 9% cut in the loan rate and 4% in loan rate are enough to reach the AMS reduction...
Tipo: Conference Paper or Presentation
Palavras-chave: United States; Hong Kong; Cotton subsidies; Tariff; Net farm income; International Relations/Trade; Q11; Q17.
Ano: 2006
URL: http://purl.umn.edu/21273

Changing Pattern in U.S. Apparel Trade Post-2008: Implications for U.S. Cotton
Provedor de dados: 31
Autores: Mutuc,   Maria Erlinda M.; Mohanty,   Samarendu; Malaga,   Jaime E.; Rejesus,   Roderick M.
In 1995, the Agreement on Textiles and Clothing (ATC) provided for the calculated liberalization of the textiles and apparel sectors over a 10-year period ending in 2005, except for some safeguard measures ending on December 31,    2008.  These safeguard measures allowed for import restrictions by the U.S. on certain categories of cotton apparel from China.  Using a 57-equation, annual econometric, price equilibrium simulation model of the U.S. cotton and cotton apparel markets, results point to lower cotton apparel prices in the U.S. by as much as $ 0.25 per kilogram while cotton prices decline by less than $ 0.01 per kilogram once these safeguards expire.  In the baseline scenario, quotas are removed in 2009-2015 except for the safeguards. In the...
Tipo: Conference Paper or Presentation
Palavras-chave: Crop Production/Industries; International Relations/Trade.
Ano: 2008
URL: http://purl.umn.edu/6066

The Impacts of Eliminating Step 2 Program on the U.S. and World Cotton Market
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Pan,   Suwen; Welch,   Mark; Ethridge,   Don E.
Brazil made a formal complaint to the World Trade Organization (WTO) Dispute Settlement Panel against U.S. cotton programs in 2003, alleging that these subsidies depressed world cotton price and were injurious to Brazilian farmers. The petition was supported by Australia and West and Central African cotton producing countries. After long deliberations, the WTO appellate body came out with their final ruling in March 2005 that upheld most of the initial decisions of the WTO Dispute Settlement Panel. In addition to the finding of serious price suppressing effects of U.S. cotton programs during the period 1999/00-2002/03, the ruling also included a June 30, 2005 deadline to withdraw Step 2 and export credit guarantee programs. In an attempt to comply with the...
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2005
URL: http://purl.umn.edu/53148

FAPRI 1999 U.S. Agricultural Outlook
Provedor de dados: 31
Autores: Lansford,   Vernon; Madison,   Daniel; Thompson,   Wyatt; Willott,   Brian; Adams,   Gary M.; Babcock,   Bruce A.; Beghin,   John C.; Mohanty,   Samarendu; Fuller,   Frank H.; Chaudhary,   Sudhir; Fabiosa,   Jacinto F.; Kovarik,   Karen; Hart,   Chad E.; Fang,   Cheng; Kaus,   Phillip J.; Naik,   Manta; Womack,   Abner W.; Young,   Robert E., II; Suhler,   Gregg; Westhoff,   Patrick C.; Trujillo,   Joe; Brown,   D. Scott; Zimmel,   Peter; Mills,   Russell C.; Meyer,   Seth D.; Kruse,   John R.
Tipo: Report
Palavras-chave: Crop Production/Industries; Livestock Production/Industries.
Ano: 1999
URL: http://purl.umn.edu/32049

Honduras Technical Manual: Conceptual Framework and Software Documentation
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Smith,   Darnell B.; Meyers,   William H.; Batres-Marquez,   S. Patricia.
Tipo: Working or Discussion Paper
Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1997
URL: http://purl.umn.edu/18644

2007 Global Cotton Outlook
Provedor de dados: 31
Autores: Ethridge,   Don E.; Mohanty,   Samarendu; Pan,   Suwen; Fadiga,   Mohamadou L.; Welch,   Mark; Yates,   Samantha.
Economic Fundamentals - Real GDP growth is projected to be stable at about 2.5% per year in developed countries and be around 5% in developing nations. A more favorable exchange rate between China’s currency and the U.S. dollar may make U.S. cotton more affordable to China’s growing cotton textile industry.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2007
URL: http://purl.umn.edu/53155

2006 Global Cotton Outlook
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Pan,   Suwen; Welch,   Mark; Fadiga,   Mohamadou L.; Ethridge,   Don E.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2006
URL: http://purl.umn.edu/53154

FAPRI 2000 World Agricultural Outlook
Provedor de dados: 31
Autores: Babcock,   Bruce A.; Beghin,   John C.; Mohanty,   Samarendu; Fuller,   Frank H.; Fabiosa,   Jacinto F.; Kaus,   Phillip J.; Fang,   Cheng; Hart,   Chad E.; Kovarik,   Karen; Womack,   Abner W.; Young,   Robert E., II; Suhler,   Gregg; Westhoff,   Patrick C.; Trujillo,   Joe; Brown,   D. Scott; Adams,   Gary M.; Willott,   Brian; Madison,   Daniel; Meyer,   Seth D.; Kruse,   John R.
The Food and Agricultural Policy Research Institute (FAPRI) prepares a preliminary agricultural outlook on world agricultural production, consumption, and trade every fall. This is followed by an outside review, re-evaluation of projections, and completion of the final baseline in January. The FAPRI 2000 World Agricultural Outlook presents these final projections for world agricultural markets. A companion volume, the FAPRI 2000 U.S. Agricultural Outlook, presents the U.S. component of the baseline. FAPRI projections assume average weather patterns worldwide, existing policy, and policy commitments under current trade agreements. FAPRI projections do not include conjectures on potential policy changes, such as those resulting from the likely eastward...
Tipo: Report
Palavras-chave: Crop Production/Industries; Livestock Production/Industries.
Ano: 2000
URL: http://purl.umn.edu/32045

Guide to Foreign Crop Subsidies and Tariffs
Provedor de dados: 31
Autores: Ethridge,   Don E.; Mohanty,   Samarendu; Pan,   Suwen; Welch,   Mark; Fadiga,   Mohamadou L.; Velandia-Parra,   Margarita M.; Yates,   Samantha.
This study attempts to summarize information on farm policies being used for seven major crops–corn, cotton, rice, sorghum, soybeans, sugar, and wheat–by a group of 21 countries representing both developing and developed nations. Overall, the study concludes that agriculture has a special status in both developed and developing countries with a wide variety of subsidy and protection instruments in place.
Tipo: Report
Palavras-chave: Agricultural and Food Policy; International Relations/Trade.
Ano: 2009
URL: http://purl.umn.edu/53138

FAPRI 2001 U.S. and World Agricultural Outlook
Provedor de dados: 31
Autores: Babcock,   Bruce A.; Beghin,   John C.; Fuller,   Frank H.; Mohanty,   Samarendu; Fabiosa,   Jacinto F.; Kaus,   Phillip J.; Fang,   Cheng; Hart,   Chad E.; Matthey,   Holger; de Cara,   Stephane; Kovarik,   Karen; Womack,   Abner W.; Young,   Robert E., II; Westhoff,   Patrick C.; Trujillo,   Joe; Brown,   D. Scott; Adams,   Gary M.; Willott,   Brian; Madison,   Daniel; Meyer,   Seth D.; Kruse,   John R.
Tipo: Report
Palavras-chave: Crop Production/Industries; Livestock Production/Industries.
Ano: 2001
URL: http://purl.umn.edu/32052

The Role of Exchange Rates and Domestic Policies on Global Rice Food Security
Provedor de dados: 31
Autores: Jamora,   Nelissa; Valera,   Harold Glenn; Matriz,   Mary Joanne; Molina,   Imelda; Mohanty,   Samarendu.
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural and Food Policy; Demand and Price Analysis; Food Security and Poverty; International Relations/Trade.
Ano: 2010
URL: http://purl.umn.edu/61681

Issues and Strategies for Aggregate Supply Response Estimation for Policy Analyses
Provedor de dados: 31
Autores: Ramirez,   Octavio A.; Mohanty,   Samarendu; Carpio,   Carlos E.; Denning,   Megan.
We demonstrate the use of the small-sample econometrics principles and strategies to come up with reliable yield and acreage models for policy analyses.  We focus on demonstrating the importance of proper representation of systematic and random components of the model for improving forecasting precision along with more reliable confidence intervals for the forecasts.  A probability distribution function modeling approach, which has been shown to provide more reliable confidence intervals for the dependent variable forecasts than the standard models that assume error term normality, is used to estimate cotton supply response in the Southeastern United States.
Tipo: Journal Article
Palavras-chave: Nonnormality; Probability distribution function; Supply response; Q11; Q18; C32.
Ano: 2004
URL: http://purl.umn.edu/43420

Impacts of Exchange Rate Volatility on the U.S. Cotton Exports
Provedor de dados: 31
Autores: Bajpai,   Siddharth; Mohanty,   Samarendu.
A structural time series approach utilizing the state space model is used to analyze the impact of exchange rate volatility on the bilateral U.S. cotton exports to major export destinations. An EGARCH (Exponential Generalized Autoregressive Conditional Heteroskedasticity) model with normal and non-normal errors is used to estimate the volatility of exchange rate. Monthly data from 1995 to 2006 is utilized for the analysis. The results indicate a negative relationship between exchange rate volatility and U.S. cotton exports for most countries. The stochastic process governing the U.S. cotton exports to different countries is found to be permanent as well as transitory. The results support the view that the impact of exchange rate volatility can be better...
Tipo: Conference Paper or Presentation
Palavras-chave: International Relations/Trade; Research Methods/ Statistical Methods.
Ano: 2008
URL: http://purl.umn.edu/6849

FRACTIONAL CONINTEGRATION AND THE FALSE REJECTION OF THE LAW OF ONE PRICE IN INTERNATIONAL COMMODITY MARKETS
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Peterson,   E. Wesley F.; Smith,   Darnell B.
This study examines the Law of One Price (LOP) in international commodity markets using fractional cointegration analysis.  For proper evaluation of the LOP, fractional cointegration analysis seems to be appropriate because of its flexibility in capturing a wider range of mean reversion behavior than standard cointegration analysis.  Out of nine pairs of price series examined, fractional cointegration supports the existence of the LOP in eight cases, as compared to three cases using standard cointegration procedures.  Overall, these results suggest that there is a long-run tendency for the LOP to hold for commodity prices.
Tipo: Journal Article
Palavras-chave: Fractional cointegration; International commodity markets; Law of One Price; Demand and Price Analysis.
Ano: 1998
URL: http://purl.umn.edu/15554

The 2007 USDA Farm Bill Proposal: Implications for the U.S. Cotton Industry
Provedor de dados: 31
Autores: Pan,   Suwen; Welch,   Mark; Fadiga,   Mohamadou L.; Mohanty,   Samarendu.
The proposed 2007 farm bill contains fundamental shifts in policy option mainly dictated by a desire to render the U.S. agriculture “more market oriented’ and the programs less costly to the U.S. treasury. The proposal adopts a revenue-based counter cyclical payment while maintaining the current price-based counter cyclical payment scheme. Under the revenue-based system, payment would be triggered when the actual national revenue per acre falls below the national target revenue per acre. The choice is left to producers who will be allowed a one time option to select one of these two schemes.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2007
URL: http://purl.umn.edu/53146

Cotton Trade Liberalizations and Domestic Agricultural Policy Reforms: A Partial Equilibrium Analysis
Provedor de dados: 31
Autores: Pan,   Suwen; Fadiga,   Mohamadou L.; Mohanty,   Samarendu; Welch,   Mark.
This paper analyzed the effects of trade liberalizing reforms in the world cotton market using a partial equilibrium model.  The simulation results indicated that a removal of domestic subsidies and border tariffs for cotton would increase the amount of world cotton trade by an average of 4% in the next five years and world cotton prices by an average of 12% over the same time horizon.  The findings indicated that under the liberalization policy, the United States would lose part of its export share to Brazil, Australia, and Africa. Furthermore, net cotton importing countries with minimum domestic and trade distortions would import less because of higher cotton prices whereas net cotton importing countries that subsidize domestic production and/or impose...
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural and Food Policy.
Ano: 2006
URL: http://purl.umn.edu/35469

The Agreement on Textiles and Clothing: Is It a WTO Failure?
Provedor de dados: 31
Autores: Malaga,   Jaime E.; Mohanty,   Samarendu.
The historic GATT-Uruguay Round Agreement was signed in April 1994 after years of difficult negotiations. Although the textile and clothing sector was not included, a separate agreement, the Agreement on Textiles and Clothing (ATC) was also signed, with the specific purpose of dismantling the complex quota system in place and gradually incorporating the sector into the rules and disciplines of GATT-UR over a period of ten years. On the verge of the established deadline, the liberalization results achieved seem disappointing for most textile exporting countries. These results have implications for the new round of WTO negotiations. What went wrong? Is anyone to blame? This article analyzes the ATC rules and discusses conflicting interpretations of the...
Tipo: Journal Article
Palavras-chave: ATC; Developing countries; MFA; Textile &amp; clothing; International Relations/Trade.
Ano: 2003
URL: http://purl.umn.edu/23819

Global Cotton Baseline 2007-08 - 2017/18
Provedor de dados: 31
Autores: Ethridge,   Don E.; Mohanty,   Samarendu; Pan,   Suwen; Fadiga,   Mohamadou L.; Yates,   Samantha.
Economic Fundamentals - Real GDP growth is projected to be stable at about 2.1% per year in developed countries and 5.8% in developing nations. A more favorable exchange rate between Chinese Yuan and the U.S. dollar may make U.S. cotton more affordable to China’s growing cotton textile industry.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2008
URL: http://purl.umn.edu/53153

THE IMPACT OF THE BERLIN ACCORD AND EUROPEAN ENLARGEMENT ON DAIRY MARKETS
Provedor de dados: 31
Autores: Fuller,   Frank H.; Beghin,   John C.; Mohanty,   Samarendu; Fabiosa,   Jacinto F.; Fang,   Cheng; Kaus,   Phillip J.
Using a world agricultural model, we analyze the impact on dairy markets of the Berlin Accord on the European Union (EU) Common Agricultural Policy (CAP) Reforms. We also investigate the consequences of enlargement of the EU to include the Czech Republic, Hungary, and Poland for the same markets. We produce a market outlook up to 2010 for these two scenarios. The Berlin Accord induces lower EU milk and dairy prices. A change in relative prices between cheese and butter-skim milk powder (SMP) occurs after 2005 and induces an expansion of cheese production, consumption, and exports at the expense of the butter-SMP sector. Accession of the three Central and Eastern European countries (CEECs) leads to a permanent but moderate decrease in EU prices of milk and...
Tipo: Working or Discussion Paper
Palavras-chave: Berlin Accord; Common Agricultural Policy; Dairy markets; European Union enlargement; International Relations/Trade; Livestock Production/Industries.
Ano: 1999
URL: http://purl.umn.edu/18332

The Long-Term Food Outlook for India
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Alexandratos,   Nikos; Bruinsma,   Jelle.
Tipo: Working or Discussion Paper
Palavras-chave: Food Security and Poverty.
Ano: 1998
URL: http://purl.umn.edu/18646

The Impacts of U.S. Cotton Programs on the World Market: An Analysis of Brazilian and African WTO Petitions
Provedor de dados: 31
Autores: Pan,   Suwen; Mohanty,   Samarendu; Ethridge,   Don E.; Fadiga,   Mohamadou L.
Tipo: Working or Discussion Paper
Palavras-chave: International Relations/Trade.
Ano: 2004
URL: http://purl.umn.edu/31254

Using Income Classes to Estimate Consumption Parameters for Food Policy Analysis
Provedor de dados: 31
Autores: Fabiosa,   Jacinto F.; Mohanty,   Samarendu; Smith,   Darnell B.; Meyers,   William H.
This paper develops an approach to estimate consumption parameters by income classes.  It combines price elasticities estimated from aggregated market data and income-class-specific income elasticities derived from household expenditure surveys using Slutsky relationships to calculate income-class-specific price elasticities.  The approach was applied to estimate income-class-specific price elasticities for major agricultural commodities consumed in Jamaica.  The importance of these elasticities for food policy analysis is demonstrated by using an econometric simulation model framework.  Food policy analysis based on aggregate consumption parameters may introduce bias into the results.  This is particularly true in the case of developing countries where...
Tipo: Working or Discussion Paper
Palavras-chave: Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety.
Ano: 1996
URL: http://purl.umn.edu/18578

The Impact of EEP Removal on U.S. Wheat
Provedor de dados: 31
Autores: Meyers,   William H.; Smith,   Darnell B.; Hayes,   Dermot J.; Mohanty,   Samarendu; Elmore,   Steven L.; Rude,   James; Fuller,   Frank H.; Premakumar,   V.; Chaudhary,   Sudhir.
Tipo: Working or Discussion Paper
Palavras-chave: Crop Production/Industries; International Relations/Trade.
Ano: 1997
URL: http://purl.umn.edu/18302

DAIRY CO-OPERATIVES AND MILK MARKETING IN INDIA: CONSTRAINTS AND OPPORTUNITIES
Provedor de dados: 31
Autores: Rajendran,   K.; Mohanty,   Samarendu.
Operation Flood and dairy co-operatives emerged in India as the largest rural employment scheme, enabling the modernization of the dairy sector to a level from where it can take off to meet not only the country'’s demand for milk and milk products but can also exploit global market opportunities. This study reviews the existing status of milk marketing and dairy co-operatives in India and provides recommendations to meet future challenges. The results of the study indicate that 80 percent of the milk produced by the rural producer is handled by an unorganized sector and the remaining 20 percent is handled by an organized sector. It is found that the dairy co-operatives play a vital role in alleviating rural poverty by augmenting rural milk production and...
Tipo: Journal Article
Palavras-chave: Agribusiness.
Ano: 2004
URL: http://purl.umn.edu/27233

Can we keep up with the demand? Emerging trends in global rice consumption
Provedor de dados: 31
Autores: Jamora,   Nelissa; Valera,   Harold Glenn; Molina,   Imelda; Matriz,   Mary Joanne; Mohanty,   Samarendu.
Poster
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty.
Ano: 2010
URL: http://purl.umn.edu/61680

IMPACTS OF FEDERAL SUPPORT PROGRAMS FOR SUGAR AND PEANUTS COMPARED TO CORN AND WHEAT ON U.S. AND WORLD MARKETS
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Beghin,   John C.; Kaus,   Phillip J.
This study examines the impacts of federal support programs for sugar, peanuts, corn and wheat on U.S. and world markets, using a multi-country, multi-commodity, partial equilibrium world agricultural model. A five-year baseline projection is developed assuming past policy will continue. Four policy reform scenarios are then conducted. Each scenario considers the removal of federal programs such as loan rate, loan deficiency payments and other trade restrictions for each commodity (sugar, peanuts, corn and wheat). A fifth, and last, scenario looks at the impact of jointly eliminating the wheat and corn support programs.  Federal programs appear to have the maximum impacts on the sugar market, followed by the peanut market. As compared to sugar and peanuts,...
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural and Food Policy.
Ano: 2001
URL: http://purl.umn.edu/20610

A Reexamination of Price Dynamics in the International Wheat Market
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Meyers,   William H.; Smith,   Darnell B.
This paper examines price relationships in the international wheat market using a cointegration and error correction approach. Price series are found to be first difference stationary and cointegrated. Our results provide evidence that the United States, Australia, the European Union, and Argentina react to Canada's pricing decisions whereas Canada does not respond to any other price changes except Australia's. Similarly, the United States also plays a strong role in the pricing of other exporters (except Canada) and its U.S. pricing decision is affected by changes in Canadian and Australian prices. The remaining exporters such as the European Union and Argentina respond to the U.S. and Canadian price changes but do not have any influence on other prices....
Tipo: Working or Discussion Paper
Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 1996
URL: http://purl.umn.edu/18354

Technical Efficiency of Resource Conserving Technologies in Rice Wheat Systems: Case of Bihar and Eastern Uttar Pradesh in India
Provedor de dados: 31
Autores: Khong,   Tien Dung; Pede,   Valerien O.; Sumalde,   Zenaida M.; McKinley,   Justin D.; Mohanty,   Samarendu.
This study aimed to evaluate the technical efficiency of farmers engaged in rice-wheat cropping systems in India using Resource Conserving Technologies (RCTs) such as zero-tillage and direct seeding, under the intervention of the Cereal Systems Initiative for South Asia (CSISA) project primarily funded by the Bill and Melinda Gates Foundation. The goal of the project is to alleviate hunger and malnutrition as well as increase income and food security for poor farmers living in South Asia.  The Resource Conserving Technologies (RCTs) are being promoted as part of conservation agriculture supported by the project. These technologies are designed to reduce the strain agricultural production has on two critical natural resources: water and soil. The RCT...
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural and Food Policy; Crop Production/Industries; Food Security and Poverty; International Development; Production Economics; Productivity Analysis.
Ano: 2011
URL: http://purl.umn.edu/103652

U.S. Proposal for Doha Round WTO Negotiations: What's at Stake for the U.S. Cotton Industry
Provedor de dados: 31
Autores: Fadiga,   Mohamadou L.; Mohanty,   Samarendu; Welch,   Mark; Pan,   Suwen; Ethridge,   Don E.
The Ministerial Declaration that emerged from the recently concluded World Trade Organization (WTO) ministerial conference in Hong Kong continued the efforts of members to reform and liberalize the world cotton market “…ambitiously, expeditiously, and specifically” (WTO, 2005). The special attention devoted to cotton serves as recognition of the nexus between trade and development and the potential role cotton plays as an engine of economic growth for some of the world’s least developed countries (LDCs). The emphasis on cotton also may indicate that agreement in this area may open the door to broader agreement on the agricultural sector in general.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2006
URL: http://purl.umn.edu/53151

PRICE DYNAMICS IN THE U.S. FIBER MARKETS:ITS IMPLICATIONS FOR COTTON INDUSTRY
Provedor de dados: 31
Autores: Fadiga,   Mohamadou L.; Mohanty,   Samarendu; Chaudhary,   Jagadanand.
The paper examines the price dynamics in the U.S. fiber market using error correction version of Granger causality test. Monthly prices are used to examine short-run and long-run price relationships simultaneously. Before specifying causal equations, time series properties of the prices are tested and are found to be first difference stationary and cointegrated. The causality results suggest weak lead-lag relationship between cotton and polyester prices in either direction. However, strongest relation is instantaneous feedback (within a month) between cotton and polyester prices. It may be interpreted from these results that any shock to the equilibrium relationships is mostly restored within a month. In addition, highly significant error correction terms...
Tipo: Conference Paper or Presentation
Palavras-chave: Production Economics.
Ano: 2003
URL: http://purl.umn.edu/35071

Cotton in a Free Trade World
Provedor de dados: 31
Autores: Pan,   Suwen; Fadiga,   Mohamadou L.; Mohanty,   Samarendu; Welch,   Mark; Ethridge,   Don E.
The United States has issued a proposal to the world trading community outlining several steps to jumpstart the stalled World Trade Organization (WTO) negotiations on agriculture. The proposal is intended as a challenge to members of the WTO to improve market access through “ambitious tariff reduction” and to “move aggressively” to cut trade-distorting domestic support (Portman, 2005). Although the major parameters of the proposal are yet to be defined, these steps seem consistent with commitments made by WTO participating countries to move agricultural trade negotiations forward in the framework agreement of July 2004.
Tipo: Report
Palavras-chave: Agricultural and Food Policy.
Ano: 2005
URL: http://purl.umn.edu/53147

FAPRI 1999 World Agricultural Outlook
Provedor de dados: 31
Autores: Babcock,   Bruce A.; Beghin,   John C.; Mohanty,   Samarendu; Fuller,   Frank H.; Chaudhary,   Sudhir; Fabiosa,   Jacinto F.; Kovarik,   Karen; Hart,   Chad E.; Fang,   Cheng; Kaus,   Phillip J.; Naik,   Manta; Womack,   Abner W.; Young,   Robert E., II; Suhler,   Gregg; Westhoff,   Patrick C.; Trujillo,   Joe; Brown,   D. Scott; Adams,   Gary M.; Willott,   Brian; Thompson,   Wyatt; Madison,   Daniel; Meyer,   Seth D.; Mills,   Russell C.; Zimmel,   Peter; Lansford,   Vernon; Kruse,   John R.
Tipo: Report
Palavras-chave: Crop Production/Industries; Livestock Production/Industries.
Ano: 1999
URL: http://purl.umn.edu/32050

Assessing the Impacts of the Chinese TRQ System and U.S. Subsidies on the World Cotton Market
Provedor de dados: 31
Autores: Pan,   Suwen; Welch,   Mark; Mohanty,   Samarendu; Fadiga,   Mohamadou L.; Ethridge,   Don E.
This article compares how eliminating the U.S. cotton subsidy program and the Chinese cotton tariff-rate quota (TRQ) would affect the world cotton market. The results show China's TRQ has a greater negative impact on the world cotton market than do U.S. subsidies. Compared to a base-level estimate, the elimination of China's TRQ increases the world cotton price and increases the quantity of world cotton traded, whereas the elimination of U.S. cotton subsidies increases the cotton price (but less than under TRQ elimination) and decreases the world cotton trade. The combined effect of eliminating both programs is also shown.
Tipo: Journal Article
Palavras-chave: International Relations/Trade.
Ano: 2005
URL: http://purl.umn.edu/23895

Analysis of the Berlin Accord Reforms of the European Union's Common Agricultural Policy
Provedor de dados: 31
Autores: Babcock,   Bruce A.; Beghin,   John C.; Mohanty,   Samarendu; Fuller,   Frank H.; Fabiosa,   Jacinto F.; Chaudhary,   Sudhir; Kaus,   Phillip J.; Fang,   Cheng; Hart,   Chad E.; Kovarik,   Karen.
This document briefly summarizes the impacts of the European Union's Common Agricultural Policy (CAP) reforms on the European agricultural sector and on international agricultural trade. Objectives of the CAP reform (as stated in EU Commission documents) are: to ensure the environmental viability of European agriculture, and to protect the livelihood of European farmers.
Tipo: Working or Discussion Paper
Palavras-chave: Agricultural and Food Policy.
Ano: 1999
URL: http://purl.umn.edu/18282

Accession of the Czech Republic, Hungary, and Poland to the European Union: Impacts on Agricultural Markets
Provedor de dados: 31
Autores: Fuller,   Frank H.; Beghin,   John C.; Fabiosa,   Jacinto F.; Mohanty,   Samarendu; Fang,   Cheng; Kaus,   Phillip J.
Using a world agricultural multimarket model, we analyze the consequences of enlargement of the European Union (EU) to include the Czech Republic, Hungary, and Poland for agricultural markets. We produce a market outlook through the year 2010 for two enlargement scenarios, which are based on different assumptions regarding the restrictions on grain and dairy production in the acceding countries. In both scenarios, accession of the three Central and Eastern European countries (CEECs) leads to a permanent but moderate decrease in EU prices for virtually all commodities. For the three acceding CEECs, domestic prices increase dramatically. Their final consumption of agricultural products decreases in most instances, while production rises. Higher domestic...
Tipo: Working or Discussion Paper
Palavras-chave: CAP; Economic integration; EU enlargement; Agricultural trade; Czech Republic; Hungary; Poland; Marketing.
Ano: 2000
URL: http://purl.umn.edu/18388

The Impacts of U.S. Cotton Programs on the West and Central African Countries Cotton Export Earnings
Provedor de dados: 31
Autores: Fadiga,   Mohamadou L.; Mohanty,   Samarendu; Pan,   Suwen.
This study uses a stochastic simulation approach based on a partial equilibrium structural econometric model of the world fiber market to examine the effects of a removal of U.S. cotton programs on the world market. The effects on world cotton prices and African export earnings were analyzed. The results suggest that on average an elimination of U.S. cotton programs would lead to a marginal increase in the world cotton prices thus resulting in minimal gain for cotton exporting countries in Africa.
Tipo: Journal Article
Palavras-chave: Stochastic simulation; Partial equilibrium model; United States; Africa; Cotton subsidies; Export earnings; Crop Production/Industries; International Relations/Trade.
Ano: 2005
URL: http://purl.umn.edu/44098

COTTON SUPPLY RESPONSE IN BRAZIL: TRADITIONAL VS. EXPANSION REGION
Provedor de dados: 31
Autores: Vado,   Ligia; Willis,   David B.; Mohanty,   Samarendu.
A regional linear supply system acreage allocation model is estimated for Brazil's four dominant field crops (cotton, soybeans, corn and rice) for the emerging cotton production region of the central-west Cerrado Savannah, and the traditional Southeast and Northeast cotton production regions. Scale and cross price elasticities are estimated for all regions.
Tipo: Conference Paper or Presentation
Palavras-chave: Land Economics/Use.
Ano: 2004
URL: http://purl.umn.edu/34712

Estimation of Demand for Wheat by Classes for the United States and the European Union
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Peterson,   E. Wesley F.; Smith,   Darnell B.
This study estimates demand for wheat differentiated by classes using a dynamic AIDS model for the United States and the European Union (EU). The results suggest that imported wheat is more price responsive than domestic wheat in the U.S. market but not in the EU market. The high price responsiveness of Canadian wheat in the U.S. market may suggest that the Canadian policy that reduces prices in the U.S. market or U.S. export subsidies that raise prices of U.S. wheat could be expected to give rise to substantial substitution of Canadian for U.S. wheat.
Tipo: Working or Discussion Paper
Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 1997
URL: http://purl.umn.edu/18384

FAPRI 2000 U.S. Agricultural Outlook
Provedor de dados: 31
Autores: Babcock,   Bruce A.; Beghin,   John C.; Mohanty,   Samarendu; Fuller,   Frank H.; Fabiosa,   Jacinto F.; Kaus,   Phillip J.; Fang,   Cheng; Hart,   Chad E.; Kovarik,   Karen; Womack,   Abner W.; Young,   Robert E., II; Suhler,   Gregg; Westhoff,   Patrick C.; Trujillo,   Joe; Brown,   D. Scott; Adams,   Gary M.; Willott,   Brian; Madison,   Daniel; Meyer,   Seth D.; Kruse,   John R.
Tipo: Report
Palavras-chave: Crop Production/Industries; Livestock Production/Industries.
Ano: 2000
URL: http://purl.umn.edu/32054

Assessing the Competitiveness of Indian Cotton Production: A Policy Analysis Matrix Approach
Provedor de dados: 31
Autores: Mohanty,   Samarendu; Fang,   Cheng; Chaudhary,   Jagadanand.
This paper uses a modified policy analysis matrix (PAM) approach to assess the efficiency of cotton production in five major producing states in India. The results indicate that cotton is not efficiently produced in the second largest cotton producing state in the country. Without government interventions, it is likely that acreage will move away from cotton to more profitable crops such as sugarcane and groundnut in this state. In addition, it is also concluded that cotton is not the most efficiently produced crop in the other four states; however, there is at least one crop in each state which is less efficiently produced than cotton. These findings suggest that Indian policies directed at maintaining the availability of cheap cotton for the handloom and...
Tipo: Working or Discussion Paper
Palavras-chave: Cotton; PAM; India; Efficiency; Agricultural and Food Policy.
Ano: 2003
URL: http://purl.umn.edu/53142

PRICE RELATIONSHIPS IN THE U.S. FIBER MARKETS: ITS IMPLICATIONS FOR COTTON INDUSTRY
Provedor de dados: 31
Autores: Pan,   Suwen; Mohanty,   Samarendu; Fadiga,   Mohamadou L.
The paper examined the price relationship between cotton and polyester. The results provide strong evidence of long term price transmissions and granger causality between cotton and polyester price as well as the asymmetry transmissions for cotton on cotton, cotton on polyester, and polyester on polyester price. However, we did not find any evidence that there exists asymmetry transmission for polyester price on cotton price. Our results also did not support the contemporaneous effects hypothesis between polyester price and cotton price.
Tipo: Conference Paper or Presentation
Palavras-chave: Demand and Price Analysis.
Ano: 2003
URL: http://purl.umn.edu/22138