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| Registros recuperados: 46 | |
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| Smith, Vincent H.. |
| Over the past seven years, the U.S. government has been involved in trade negotiations that have led to one bilateral and two multilateral agreements whose provisions have substantive implications for U.S. agricultural trade. The first of these sets of trade negotiations led to the bilateral Canada-United States Free Trade Agreement (CFTA). The second resulted in the current multilateral General Agreement on Tariffs and Trade (GATT) which was implemented on January 1, 1995. The third set of negotiations, initiated under the Bush Administration, led to the multilateral North American Free Trade Agreement (NAFTA), which was approved by Congress in November 1993 and implemented on January 1, 1994. The three agreements signed by the U.S. since the late 1980's... |
| Tipo: Working or Discussion Paper |
Palavras-chave: NAFTA; GATT; Agriculture; Agricultural and Food Policy; Q1; F1. |
| Ano: 1997 |
URL: http://purl.umn.edu/29175 |
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| Buschena, David E.; Smith, Vincent H.; Di, Hua. |
| Market-oriented policy reforms have potentially important effects on farm-level grain production and utilization decisions in developing countries. This paper provides an empirical evaluation of the potential effects of market liberalization in China on farm-level wheat consumption, market sales, and on-farm storage. The results indicate that price changes have economically important impacts on utilization decisions by farm families through both income and substitution effects and that off- farm income also appears to be significant. The potential to earn off-farm income is also shown to be an important factor in grain utilization decisions. Storage is affected by government procurement policies as well as by more traditional food and income security... |
| Tipo: Working or Discussion Paper |
Palavras-chave: China; Wheat; Grain storage; Procurement quotas; Household allocation decisions; Agricultural and Food Policy; Q18. |
| Ano: 2000 |
URL: http://purl.umn.edu/29244 |
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| Bekkerman, Anton; Smith, Vincent H.; Watts, Myles J.. |
| The Supplemental Revenue Assistance Payments (SURE) program, enacted under the 2008 Farm Bill, is intended to provide indemnity payments to producers whose crop losses exceed 50% of their historical average yields. However, indemnification does not require that the farm is located in a region designated a disaster relief area -- a provision that can create significant moral hazard incentives. This study is the first to perform an empirical analysis of possible moral hazard behavior in corn, soybean, and wheat markets in response to the SURE program. Results suggest that an increase in crop insurance demand after the enactment of SURE may be due to the program's moral hazard incentives. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy; Farm Management. |
| Ano: 2010 |
URL: http://purl.umn.edu/61154 |
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| Gray, Richard S.; Smith, Vincent H.. |
| The United States and Canada share the longest common border and largest bilateral trading relationship in the world. Recent trading agreements--CUSTA, NAFTA and WTO--have enhanced trade by encouraging elimination of many remaining trade barriers. However, one cause for concern about the effectiveness of these trade agreements has been the frequency of Canadian-U.S. trade disputes over bilateral wheat and barley trade arrangements and trade flows. To some extent, these disputes have arisen because of differences in and lack of harmonization between the domestic and trade policies implemented by the two countries, although other political factors have also clearly been important causes of these disagreements. Since 1986, many dimensions of the agricultural... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural policy; Harmonization and convergence; Grains; Oilseeds; International Relations/Trade; Q1. |
| Ano: 1997 |
URL: http://purl.umn.edu/29163 |
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| McNew, Kevin; Smith, Vincent H.. |
| The introduction of genetically modified grain and oilseed products at the farm level and resistance for these products by consumer groups have led to segmentation in grain markets. This study explores the implications for market price behavior for a segregated soybean market for genetically modified (GM) and non-GM varieties. A stochastic dynamic simulation model of production and storage is solved, and Monte Carlo simulation procedures are used to examine price behavior between GM and non-GM soybeans. The results suggest important differences in price behavior between GM and non-GM soybeans. The results obtained in the model simulations are compared with evidence from the Tokyo Grain Exchange, where non-GM and GM soybean futures contracts have traded... |
| Tipo: Journal Article |
Palavras-chave: Genetically modified organisms; Soybeans; Storage; Demand and Price Analysis. |
| Ano: 2003 |
URL: http://purl.umn.edu/30722 |
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| Goodwin, Barry K.; Smith, Vincent H.. |
| Dynamic relationships between three classes of wheat are investigated using threshold VAR models incorporating the effects of protein availability. Changes in the stock of protein are found to generate significant impulse responses in the price of hard red spring wheat and hard red winter wheat but not soft red wheat. These impulse responses to identical changes in protein stocks are larger when the absolute deviation of protein stocks from normal levels are large. Shocks to the prices of individual classes of wheat result in complex impulse responses in the prices of the other wheats. Notably, however, a shock to the price of hard red winter weak appears to result in little or no impulse response in the price of hard spring wheat, though the opposite... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
| Ano: 2005 |
URL: http://purl.umn.edu/19173 |
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| Smith, Vincent H.; Chouinard, Hayley H.; Baquet, Alan E.. |
| Using yield data for a sample of 123 dryland wheat producers in Montana, the effects of three area yield contracts, including the contract currently offered by the United States Federal Crop Insurance Corporation and two individual yield contracts on individual farm yield variability, are examined. The results indicate that while the Federal Crop Insurance Corporation area yield contract provides all farmers in the sample with some protection against yield variability, a simpler, actuarially equivalent "almost ideal" area yield contract provides substantially larger reductions in yield variability. However, actuarially equivalent individual yield contracts provide levels of protection against yield variability similar to those obtained under the "almost... |
| Tipo: Journal Article |
Palavras-chave: Risk and Uncertainty. |
| Ano: 1994 |
URL: http://purl.umn.edu/31315 |
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| Registros recuperados: 46 | |
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