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Guide to Foreign Crop Subsidies and Tariffs AgEcon
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
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Crop Subsidies in Foreign Countries: Different Paths to Common Goals AgEcon
Hudson, Smith; Pan, Suwen; Mutic, Maria; Yates, Samantha; Ethridge, Don E..
This is an update of CERI-SR07-01, our report on international crop policies conducted in February of 2007. Since then, the landscape for agricultural products has undergone changes due to developments related to the use of ethanol and the recent economic recession. Also, in most of the world, both developed economies such as the EU, Australia, and the U.S., and developing countries such as China and Brazil, have increased their domestic agricultural supports and/or altered the types of support. It is uncertain if this increase is permanent or transitory.
Tipo: Report Palavras-chave: Agricultural and Food Policy; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/53137
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Household Vegetable Demand in the Philippines: Is There an Urban-Rural Divide? AgEcon
Mutuc, Maria Erlinda M.; Pan, Suwen; Rejesus, Roderick M..
A three-step estimation method and a Nonlinear Quadratic Almost Ideal Demand System (NQAIDS) are used to assess the vegetable demand behavior of rural and urban households in the Philippines. The results show that most of the expenditure and own-price elasticities of the vegetables analyzed are near or larger than unitary in both rural and urban areas. For majority of the vegetable commodities, there are no significant differences in the expenditure, own-price, and cross-price elasticities of urban households relative to rural households. Only demand for cabbage and tomatoes in the urban areas tend to be statistically different compared to rural areas. The demand behavior information gleaned from the analysis provides important insights that could help...
Tipo: Conference Paper or Presentation Palavras-chave: Community/Rural/Urban Development; Consumer/Household Economics.
Ano: 2006 URL: http://purl.umn.edu/35483
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The 2007 USDA Farm Bill Proposal: Implications for the U.S. Cotton Industry AgEcon
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
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Biofuels: Potential Production Capacity, Effects on Grain and Livestock Sectors, and Implications for Food Prices and Consumers AgEcon
Hayes, Dermot J.; Babcock, Bruce A.; Fabiosa, Jacinto F.; Tokgoz, Simla; Elobeid, Amani E.; Yu, Tun-Hsiang (Edward); Dong, Fengxia; Hart, Chad E.; Chavez, Eddie C.; Pan, Suwen; Carriquiry, Miguel A.; Dumortier, Jerome.
We examined four evolution paths of the biofuel sector using a partial equilibrium world agricultural sector model in CARD that includes the new RFS in the 2007 EISA, a two-way relationship between fossil energy and biofuel markets, and a new trend toward corn oil extraction in ethanol plants. At one extreme, one scenario eliminates all support to the biofuel sector when the energy price is low, while the other extreme assumes no distribution bottleneck in ethanol demand growth when the energy price is high. The third scenario considers a pure market force driving ethanol demand growth because of the high energy price, while the last is a policy-induced shock with removal of the biofuel tax credit when the energy price is high. Standard results hold where...
Tipo: Journal Article Palavras-chave: Biofuel; EISA; Ethanol; Tax credit; World agricultural sector model; Agribusiness; Consumer/Household Economics; Crop Production/Industries; Demand and Price Analysis; International Relations/Trade; Livestock Production/Industries; Political Economy; Production Economics; Resource /Energy Economics and Policy; Q13; Q18; Q38.
Ano: 2009 URL: http://purl.umn.edu/53093
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Cotton Trade Liberalizations and Domestic Agricultural Policy Reforms: A Partial Equilibrium Analysis AgEcon
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
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The Effects of Domestic Offset Programs on the Cotton Market AgEcon
Pan, Suwen; Hudson, Darren; Mutuc, Maria Erlinda M..
This paper analyzed the effects of the U.S. domestic offset program on the world cotton markets using a partial equilibrium model following the assumption given by Brown et al. (2010). The results in our study are largely similar to those of Baker et al. and Brown et al., confirming that study’s findings that ACES, and its domestic offset program in particular, would cause increases in the domestic prices of several agricultural commodities. However, the overall effects of this increase in the world price on total world trade is tempered by increased exports from India, Brazil, Uzbekistan, Australia, and Western & Central African countries.
Tipo: Conference Paper or Presentation Palavras-chave: Offset program; Cotton; Agricultural and Food Policy; International Relations/Trade; Q170; Q180.
Ano: 2011 URL: http://purl.umn.edu/98557
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Global Cotton Baseline 2007-08 - 2017/18 AgEcon
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
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Global Cotton Baseline 2008-09 - 2018/19 AgEcon
Hudson, Darren; Pan, Suwen; Mutuc, Maria Erlinda M.; Yates, Samantha.
ECONOMIC FUNDAMENTALS – Real GDP growth is projected at -2.16% in 2009 for developed countries before it slowly recovers to about 2.3% per year. Developing economies, on the other hand, are projected to grow by 2.6% in 2009 before they recuperate to an average of 5.3% thereafter. – A more favorable exchange rate between the Chinese yuan and the U.S. dollar will allow for U.S. cotton to be more affordable to China’s cotton textile industry.
Tipo: Report Palavras-chave: Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/53152
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Market Structure Impacts on Market Distortions from Domestic Subsidies: The U. S. Cotton Case AgEcon
Pan, Suwen; Hudson, Darren; Ethridge, Don E..
This analysis uses a residual demand elasticity model to measure market power in the international cotton market. The results indicate that China exerts significant market power and affects cotton prices. Those results, combined with a partial equilibrium model of the international cotton market, are used to evaluate the welfare consequences of U.S. cotton subsidy policies for major cotton exporters under alternative assumptions about global market structure. The results indicate that the effects of U.S. subsidies on the world cotton price are much smaller under an imperfectly competitive international market than under a perfectly competitive market scenario; the former appears to be a realistic case.
Tipo: Journal Article Palavras-chave: Global market structure; International trade; U.S. cotton commodity programs; Crop Production/Industries; Demand and Price Analysis; Financial Economics; International Relations/Trade; Land Economics/Use; Political Economy; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/98240
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LIQUOR AND BEVERAGE CONSUMPTION IN CHINA:A CENSORED DEMAND SYSTEM APPROACH AgEcon
Pan, Suwen; Fang, Cheng.
This paper estimated the Liquor and Beverage Consumption based on a Chinese survey data. The results showed that beer consumption has been relatively stable during the past 10 years. However, there exists large potential wine market in china.
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2003 URL: http://purl.umn.edu/22215
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Food Calorie Intake and Food Security under Grain Price Inflation: Evidence from Malawi AgEcon
Pan, Suwen; Fang, Cheng; Sanogo, Issa; Mutuc, Maria Erlinda M..
A comprehensive analysis of food demand and nutrient consumption using recent, representative household survey data from Malawi is presented. Expenditure and price elasticities have been estimated for 20 food groups using a quadratic almost ideal demand system based on 4 income groups identified by the Goldfeld-Quandt tests. Although the current boom of maize price provides an opportunity to rethink development strategies that diversify the commodity sectors, developing countries will not necessarily benefit from this change absent significant improvements in production capacities and trade infrastructures. Malawi is likely to suffer from higher commodity prices in the short-run.
Tipo: Conference Paper or Presentation Palavras-chave: Goldfeld-Quandt tests; A quadratic almost ideal demand system; Malawi; Agricultural and Food Policy; Consumer/Household Economics; Food Security and Poverty; D12; O13; R21; R31; Q11; Q12.
Ano: 2011 URL: http://purl.umn.edu/103266
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Toward a Consumer Economy in China: Implications of Changing Wage Policies for U.S. Cotton Exports AgEcon
MacDonald, Stephen; Pan, Suwen; Hudson, Darren; Tuan, Francis C..
The effect of a Chinese minimum wage increase on China’s textile market as well as on the world cotton market is evaluated. Based on a Nonlinear Quadratic Almost Ideal Demand System (NQAIDS) model of China’s textile demand, the results suggest that the income elasticity for textiles is around 0.6 in China, and that apparel is less price responsive than home textiles and other textile products. Simulation results suggest that a minimum wage increase would raise Chinese domestic textile consumption and lower Chinese textile exports. Most of the decline in textile exports by China is offset by expansion in other countries’ domestic textile production and results in a slight increase in world cotton mill utilization and higher clothing prices.
Tipo: Conference Paper or Presentation Palavras-chave: Nonlinear Quadratic Almost Ideal Demand System (NQAIDS); Cotton; Clothing; China; Trade; Industrial policy; Demand and Price Analysis; International Development; International Relations/Trade; Q17; Q18; R34; R21.
Ano: 2011 URL: http://purl.umn.edu/103615
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The Impacts of U.S. Cotton Programs on the World Market: An Analysis of Brazilian and African WTO Petitions AgEcon
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
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Did Mexican Meat Demand Change under NAFTA? AgEcon
Malaga, Jaime E.; Pan, Suwen; Duch-Carvallo, Teresa.
A censored non linear QUAIDS model was applied to estimate Mexican meat demand parameters using annual household survey data for six years from 1992 to 2004. Results suggest that in Mexico and throughout the analyzed period, beef and pork meat were luxury items while chicken was a normal good. Small but insignificant changes in meat demand parameters were found after NAFTA implementation suggesting that changes on consumer behavior due to macroeconomic variables might take longer periods to be quantifiable.
Tipo: Conference Paper or Presentation Palavras-chave: QUAIDS model; Mexico meat demand; NAFTA; Consumer/Household Economics.
Ano: 2009 URL: http://purl.umn.edu/51430
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What Drives Commodity Prices More: Oil Demand or Supply Shocks? AgEcon
Mutuc, Maria Erlinda M.; Pan, Suwen; Hudson, Darren.
This paper shows that the response of agricultural commodity prices in the U.S. related to fluctuations in oil prices in the international market may differ greatly depending on whether the increase is driven by demand or supply shocks in the crude oil market. In the long-run, around 2-7 percent of the variability in grains, oilseeds, and cotton prices can be attributed to shocks to aggregate demand for industrial commodities while none can be traced to oil supply shocks. This paper improves on the lack of economic structure in VAR models employed so far, and on the issue of short datasets, contributes to the nascent empirical evidence, and identifies the transmission of different types of oil price shocks to movements in agricultural prices in a SVAR...
Tipo: Conference Paper or Presentation Palavras-chave: Cotton; Wheat; Corn; Soybeans; Crude oil; Oil price shocks; Demand shocks; Supply shocks; Structural vector autoregression (SVAR); Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; Q11; Q41.
Ano: 2010 URL: http://purl.umn.edu/61070
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Does the Food Stamp Program Affect Food Security Status and the Composition of Food Expenditures? AgEcon
Pan, Suwen; Jensen, Helen H..
This article considers interaction among participation in the Food Stamp Program (FSP), food security status, and the composition of food expenditures. A quadratic almost ideal demand system with a bootstrapping two-step method of estimation is applied to data from the Current Population Survey–Food Security Supplement data and used to estimate the model and account for endogeneity between the FSP participation and food insecurity. The results show that FSP participation is endogenously related with food security status and significantly affects total food expenditure and food-away-from-home expenditures.
Tipo: Journal Article Palavras-chave: Food away from home; Food insecurity; Food stamps; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Q18; R21; I32.
Ano: 2008 URL: http://purl.umn.edu/45043
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World Market Impacts of High Biofuel Use in the European Union AgEcon
Carriquiry, Miguel A.; Dong, Fengxia; Du, Xiaodong; Elobeid, Amani E.; Fabiosa, Jacinto F.; Chavez, Eddie C.; Pan, Suwen.
This study examines the world market impact of an expansion in the biofuel sector in the European Union with particular focus on indirect land-use impacts. In the first scenario, an increase of 1 million tonnes oil equivalent (Mtoe) of wheat ethanol use in the European Union expands world land area used in agricultural commodity production by 366,000 hectares, representing an increase of 0.039% in total area. In the second scenario, an increase of 1 Mtoe of rapeseed oil biodiesel use in the European Union expands world land area by 352,000 hectares, representing an increase of 0.038% in total area. With additional land use somewhat close between the two scenarios, the main difference is the spatial distribution of the sources of additional supply. Because...
Tipo: Working or Discussion Paper Palavras-chave: Biofuels; Land use; Partial equilibrium model; Rapeseed oil biodiesel scenario; Wheat ethanol scenario.; Agricultural and Food Policy; Demand and Price Analysis; Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/91923
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Farm Level Impacts of Bt Corn Adoption in a Developing Country: Evidence from the Philippines AgEcon
Mutuc, Maria Erlinda M.; Pan, Suwen; Rejesus, Roderick M.; Yorobe, Jose M., Jr..
This article examines the ex post farm-level impacts of Bt corn adoption in the Philippines. Using an econometric approach that addresses simultaneity, selection, and censoring problems, we show that Bt corn adoption provides modest but statistically significant increases in farm-level yields and profits. Furthermore, our results suggest that farm-level yield and profit impacts of Bt corn adoption are underestimated when censoring in the pesticide application variable is not considered in the estimation procedures. Previous literature have emphasized the importance of simultaneity and selection problems but this is the first study that have raised the issue of censoring problems in estimating the farm-level effects of Bt corn adoption.
Tipo: Conference Paper or Presentation Palavras-chave: Bt; Censoring; Corn; Farm level impacts genetically modified crops; Pesticide use; Technology adoption; Crop Production/Industries; Q12; Q16.
Ano: 2007 URL: http://purl.umn.edu/9891
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The Impacts of the Elimination of Cotton Storage Credits on the U.S. Cotton Industry AgEcon
Hudson, Darren; Pan, Suwen.
The impacts of the removal of the cotton storage credit were modeled using the Global Fibers Model at the Cotton Economics Research Institute at Texas Tech University. A 5-year baseline was estimated under existing policy. The impacts of removing the storage credit was simulated and compared with the baseline.
Tipo: Report Palavras-chave: Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/53141
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