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U.S. Demand for Source–Differentiated Shrimp: A Differential Approach AgEcon
Jones, Keithly G.; Harvey, David J.; Hahn, William F.; Muhammad, Andrew.
Estimates of price and scale elasticities for U.S. consumed shrimp are derived using aggregate shrimp data differentiated by source country. Own-price elasticities for all countries had the expected negative signs, were statistically significant, and inelastic. The scale elasticities for all countries were positive and statistically significant at the 1% level with only the United States and Ecuador having scale elasticities of less than one. For the most part, the compensated demand effects showed that most of the cross-price effects were positive. Our results also suggest that despite the countervailing duties imposed by the United States, shrimp demand was fairly stable.
Tipo: Journal Article Palavras-chave: CBS; Conditional demand; Countervailing duty; Imports; Scale elasticity; Shrimp; Agribusiness; Farm Management; Food Consumption/Nutrition/Food Safety; Production Economics; C32; D12; Q13; Q22.
Ano: 2008 URL: http://purl.umn.edu/47202
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WESTERN CANADA’S EXPORTS: CAUSES AND IMPLICATIONS OF CHANGING COMPETITIVENESS IN KEY MARKETS AgEcon
Mirus, Rolf; Ryan, Chris.
This report surveys the export performance of Western Canadian goods producers for the period 1995 to 2007. During that period Canada’s GDP growth outpaced export growth, but Western Canada’s exports grew at a faster rate than Canada’s exports overall, resulting in increased weight of Western exports in Canada’s total. As well, Western Canada’s exports have shifted significantly towards the NAFTA markets of US and Mexico. The composition of products exported from the West and the individual provinces is shown in detail. Each province is found to have unique export strengths. During the observation period, B.C.’s exports were the most volatile and Manitoba’s the least, but overall the provincial economies of Alberta and Saskatchewan were the most volatile....
Tipo: Report Palavras-chave: Western Canada; International trade; Trade; Competitiveness; Key markets; NAFTA; FTA; Free trade agreements; Imports; Exports; United States; Alberta; Western provinces; International Development; International Relations/Trade; Political Economy; Public Economics.
Ano: 2008 URL: http://purl.umn.edu/60430
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THE PRODUCTION THEORY APPROACH TO IMPORT DEMAND ANALYSIS: A COMPARISON OF THE ROTTERDAM MODEL AND THE DIFFERENTIAL PRODUCTION APPROACH AgEcon
Washington, Andrew A.; Kilmer, Richard L..
Results indicate that, when comparing the unconditional derived-demand elasticities to the unconditional consumer demand elasticities, significant differences emerge due to the differences in the first-stage estimation procedure between the differential production approach and the Rotterdam model. In comparing the consumer demand price/corss-price elasticities to the derived-demand price/cross-price elasticities, it is clear that use of the Rotterdam model when a production approach should be used can lead to overestimation, underestimation, and incorrect signs in deriving unconditional price effects.
Tipo: Journal Article Palavras-chave: Dairy; Demand; Imports; International; Production; Rotterdam; Trade; Demand and Price Analysis; D12; D24; F10; F14; Q17.
Ano: 2002 URL: http://purl.umn.edu/15070
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The CGPRT Feed Crops Supply/Demand and Potential/Constraints for their Expansion in South Asia: Proceedings of a Workshop Held in Bogor, Indonesia, September 3-4, 2002 AgEcon
Opening Address, by Nobuyoshi Maeno Prospect of Feed Crops to Support the Livestock Revolution in South Asia: Framework of the Study Project, by Budiman Hutabarat Prospects of Feed Crops in India, by P.S. Pathak Comments on CGPRT Report on Prospects of Feed Crops in India – A Country Report, by N.N. Singh Demand and Supply of Feed Crops in Nepal, by Bekha L. Maharjan Comments on Demand and Supply of Feed Crops and Potentials and Constraints for their Expansion in Nepal, by Shambu Bahadur Panday Prospects of Feed Crops in Pakistan. by A.G. Khan Comments on the Analysis of Potentials, Weaknesses, Opportunities, Constraints and Policy Options for Feed Crops Farming in Pakistan, by Abdul Majeed Haqqani CGPRT Feed Crops Supply/Demand and...
Tipo: Report Palavras-chave: Feed crops; Production; Supply; Consumption; Demand; Imports; Exports; Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/32734
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A study of U.S. orange juice imports and exports AgEcon
Lee, Jonq-Ying.
Tipo: Report Palavras-chave: Orange juice; U.S.; Imports; Exports; Rotterdam price; Agribusiness; Demand and Price Analysis; International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/52895
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The Next-11 and the BRICs: Are They the Future Markets for Agrifood Trade? AgEcon
Cairns, Alexander P.; Meilke, Karl D..
In the mid-2000’s, Goldman Sachs identified two groups of emerging economies known as the BRICs and the Next-11. Primarily selected on the basis of having large populations, these countries were heralded as the growth centres of the future with the potential to stimulate increased demand for a wide range of commodities, including food. This study uses an import demand model to estimate how income influences per capita expenditure on agrifood imports in 63 countries. The findings suggest that as groups the BRICs and N-11 do not di↵er from other low, middle, or high income countries with respect to their import behaviour. However, disaggregation of the two groups reveals significantly larger expenditure elasticities for China, India, South Korea and Vietnam....
Tipo: Working Paper Palavras-chave: Next-11; BRICs; Trade; Agrifood; Imports; Agricultural and Food Policy; Demand and Price Analysis; International Relations/Trade.
Ano: 2012 URL: http://purl.umn.edu/122737
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A balança comercial do agronegócio brasileiro de 1989 a 2005 AgEcon
Barros, Geraldo Sant'Ana de Camargo; Silva, Simone Fioritti.
This study aims to analyze the agribusiness contribution to Brazil’s trade balance. A new classification of the agribusiness trade balance was proposed and used to analyze the aspects of the exported products –agricultural products, products of animal origin, industrialized foods and imported inputs – represented by fertilizers. Imports and exports vector autoregression models were used to explain the behavior of these variables. An increase of 1% in the attractiveness – product of the exchange rate by the international prices – boosts immediately the exports of non processed agricultural products by 1.71%, stabilizing at 2% after some trimesters. The attractiveness explains 60 to 74% of the forecast error variances of these exportats. It is noted that an...
Tipo: Journal Article Palavras-chave: Agribusiness trade balance; Agricultural products; Animal products; Food industry; Fertilizers; Economic growth; Attractiveness; Exports; Imports; Productivity.; Political Economy; Q17; Q18..
Ano: 2008 URL: http://purl.umn.edu/61191
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Competiveness of Latin American Exports in the U.S. Banana Market AgEcon
Muhammad, Andrew; Fonsah, Esendugue Greg; Zahniser, Steven.
U.S. banana demand differentiated by country of origin is estimated using the generalized dynamic Rotterdam model. Results indicate that dynamic factors play a significant role in determining the allocation of U.S. banana expenditures across exporting sources. Of particular interest is Guatemala’s increased share and Costa Rica’s decreased share of U.S. banana supply. A number of factors explained why Guatemala replaced Costa Rica as the leading U.S. supplier in 2007. (1) Guatemala is the least expensive source on average. (2) Habit persistence, adjustment costs, and other dynamic factors favor Guatemala’s exports. (3) Given increases in the relative price of Costa Rica’s bananas, the price competition between Costa Rica and Guatemala is highly...
Tipo: Conference Paper or Presentation Palavras-chave: Bananas; Imports; Demand; Latin America; United States; Demand and Price Analysis; International Relations/Trade; F14; Q11; Q13; Q17.
Ano: 2011 URL: http://purl.umn.edu/98365
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Analysis of U.S. Demand for Fresh Tropical Fruit and Vegetable Imports AgEcon
Nzaku, Kilungu; Houston, Jack E..
This paper estimates a demand system for a selected tropical fresh fruit and vegetable imports in to the U.S. using a Linear Approximate Almost Ideal Demand Systems model for the period 1989-2008. Further the paper attempts to capture trade policy and seasonality effects that affect the demand for fresh fruit and vegetable imports. Results show that most of the price elasticities of demand have the expected signs and less than unity magnitude except for tomatoes. Complimentary commodities include bananas and papayas, grapes, and mangoes, peppers and tomatoes and avocados, and tomatoes and cucumber. Substitutes include pineapples and papayas, grapes and papayas, and mangoes and tomatoes. Trade policy and seasonality are also found to affect fresh fruit and...
Tipo: Conference Paper or Presentation Palavras-chave: Tropical Fruits and Vegetables; Demand System; Imports; Consumer/Household Economics; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/46850
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ALTERNATIVE FLUID MILK PROCUREMENT SYSTEMS FOR FLORIDA DAIRY FARMERS AgEcon
Nubern, Christopher A.; Kilmer, Richard L..
This article evaluates the effects of alternative fluid milk procurement strategies on the aggregate net revenue of Florida cooperative members. They are (1) supplemental milk obtained from import sources, (2) supplemental milk obtained from a supply plant, (3) increased supply as a result of an expanded production area, and (4) supplemental milk obtained through pooling arrangements with regional dairy cooperatives. The final ranking of a scenario appears to be dependent primarily on the total cost of exports within the model. The optimal procurement strategy for Florida cooperatives should concentrate on reducing the quantity of surplus milk.
Tipo: Journal Article Palavras-chave: Cooperative; Exports; Imports; Net revenue; Pooling; Procurement; Livestock Production/Industries.
Ano: 1995 URL: http://purl.umn.edu/15256
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An Overview of the Canadian Agriculture and Agri-Food System 2009 AgEcon
This 2009 report provides an economic overview of the Canadian agriculture and agri-food system. It is meant to be a multi-purpose reference document to provide: an introduction to the agriculture and agri-food system; a snapshot of structural changes that are occurring throughout the system in response to various factors; and background data and information to inform public discussions on challenges and opportunities facing the Canadian agriculture and agri-food system. Charts and tables with brief accompanying texts are used to summarize information and to provide base performance indicators. The 2009 report begins with a special feature which describes indicators to benchmark competitiveness of the Canadian agriculture and agri-food sector at the...
Tipo: Report Palavras-chave: Agri-food; Competitiveness; Consumers; GDP; Employment; Exports; Imports; Innovation; Inflation; Farm typology; Income; Government support; Program payments; Profitability; Processing; Concentration; Water; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Consumer/Household Economics; Crop Production/Industries; Demand and Price Analysis; Environmental Economics and Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; International Relations/Trade; Labor and Human Capital; Land Economics/Use; Livestock Production/Industries; Marketing; Production Economics; Productivity Analysis; Public Economics; Research and Development/Tech Change/Emerging Technologies; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/59885
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THE WORLD AND DOMESTIC MARKETS FOR TOBACCO AND TOBACCO PRODUCTS AgEcon
Djorovic, Milutin; Stevanovic, Simo; Lazic, Verica.
Original scientific paper
Tipo: Article Palavras-chave: Tobacco; Tobacco products; Manufacture; Market; Trade; Exports; Imports; Balance; Agribusiness; International Relations/Trade; F19; E21.
Ano: 2012 URL: http://purl.umn.edu/123956
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MARKETS FOR NORTHERN PLAINS AQUACULTURE--CASE STUDY OF TILAPIA AgEcon
Golz, Theresa K.; Nelson, William C..
The purpose of this study is to identify and investigate alternative fresh and frozen fillet markets for tilapia within the region. The competition for this market is primarily an imported product from Asia and Central America. Total imports plus domestic production has increased from 16.95 million pounds in 1992 to 70.74 million pounds in 1997. Thirty-seven of the 79 respondents handled tilapia in their business. Thirty of these businesses handled and preferred fresh fillets while ten handled frozen tilapia. The tilapia businesses were clear in their preferences: 5 to 7 ounce fillets, quick delivery response time, constant supply, taste and size, and suppliers oriented toward customer service. Twenty-six of the 37 respondents were open to new...
Tipo: Working or Discussion Paper Palavras-chave: Tilapia; North American Fish Farmers Cooperative; North Central Region; Sensory evaluation; Production; Prices; Size; Imports; Marketing; Production Economics.
Ano: 1999 URL: http://purl.umn.edu/23454
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EFFECTS OF THE DUTIES ON CANADIAN HARD RED SPRING WHEAT AgEcon
Mattson, Jeremy W.; Koo, Won W.; Baek, Jungho.
Since the United States imposed antidumping and countervailing duties totaling 14.16 percent on imports of Canadian hard red spring (HRS) wheat, Canadian exports to the United States have nearly stopped. This study examines the changes in U.S. wheat imports from Canada. An econometric model is developed and estimated to determine the effects of the decline in HRS wheat imports on U.S. farm price and producer revenue. The substantial decline in HRS wheat imports from Canada from the 1997/98 - 2001/02 levels to the current levels is found to have increased the spring wheat price received by farmers by about $0.15 per bushel. With the average yearly HRS wheat production totaling 481 million bushels, this price increase means an increase in annual income...
Tipo: Working or Discussion Paper Palavras-chave: Wheat; Imports; Canada; Farm price; Countervailing duties; Antidumping duties; International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/23494
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ECONOMIC IMPACTS OF THE U.S.-AUSTRALIA FREE TRADE AGREEMENT AgEcon
Mattson, Jeremy W.; Skripnitchenko, Anatoliy; Koo, Won W..
The general objective of this study is to analyze the economic impact of the recently negotiated U.S. - Australia Free Trade Agreement (FTA). Specific objectives are to estimate changes in trade and prices in different sectors of the U.S. and Australian economies and to determine the impact on U.S. agriculture and the U.S. beef industry in particular. The results of a general equilibrium analysis suggest that the FTA will not have significant effects on the economies of Australia, the United States, or the rest of the world. The United States could achieve gains in the manufacturing sector, but the U.S. agricultural sector could experience small losses as Australia could increase exports of dairy products and beef to the United States. The results of...
Tipo: Working or Discussion Paper Palavras-chave: Australia; Free trade agreement; Exports; Imports; Beef; International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/23073
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MEASUREMENT OF SUBSTITUTABILITY BETWEEN U.S. DOMESTIC CATFISH AND IMPORTED FISH AgEcon
Lee, Young-Jae; Kennedy, P. Lynn.
This study examines p-interdependence and quantifies q-substitutability between domestic catfish and different species of imported fish in the U.S. fish market. In doing so, this study uses cointegration analyses for p-interdependence and structural analyses for q-substitutability. Cointegration analysis identifies the long run price equilibria between U.S. domestic catfish and different species of imported fish. The structural analyses show a degree of q-substitutability.
Tipo: Conference Paper or Presentation Palavras-chave: Cointegration; Structural analyses; Fish; Imports; P-interdependence; And q-substitutability; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/46782
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ALBERTA’S EXPORT EXPERIENCE UNDER FREE TRADE AGREEMENTS: 1988 - 2007 AgEcon
Mirus, Rolf; Tanerguclu, Hande.
The international involvement of Alberta-based businesses covers trade in goods, trade in services, and Foreign Direct Investment (FDI), both inward and outward. Increasingly FDI is linked to trade in goods and services. Indeed, the export of services like consulting or construction engineering tends to involve the setting up of supporting facilities abroad (outward FDI), and exports of goods frequently necessitate the provision of maintenance services in their wake, either across the border or through an office abroad. Data on outward FDI by Alberta-based firms are not available, nor are data on exports of services by province of origin. Therefore an analysis of what has been happening to Alberta’s international commercial relations is of necessity...
Tipo: Report Palavras-chave: Alberta; NAFTA; FTA; Free trade agreement; Free trade; Imports; Exports; Mexico; United States; Israel; Chile; Costa Rica; Energy sector; FDI; Investment; International Relations/Trade; Political Economy; Public Economics; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/60431
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Imports versus Domestic Production: A Demand System Analysis of the U.S. Red Wine Market AgEcon
Seale, James L., Jr.; Merchant, Mary.
This research estimates price and expenditure elasticities of U.S. red wine imports from five countries--Italy, France, Spain, Australia, and Chile--which are compared to elasticities of domestically produced red wine using the first-difference version of the almost ideal demand system (AIDS). Expenditure elasticity results indicate that if U.S. total expenditures on red wine increase, domestic producers would gain most. Empirical results for conditional own-price elasticities of demand indicate that U.S. and Chilean red wines are elastic while U.S. demand for red wines from other countries are highly inelastic. Due to the magnitude of consumption of U.S. domestic red wines relative to imports, an increase in the price of U.S. wine results in a decline in...
Tipo: Working or Discussion Paper Palavras-chave: Imports; Red wines; Almost Ideal Demand System; AIDS; Demand and Price Analysis; International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/15637
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Agrárgazdaság és az „erős” forint AgEcon
Gazdag, Laszlo.
A Jegybank feladata a pénzstabilitás megteremtése és fenntartása, míg a többi cél (növekedés, foglalkoztatottság, egyensúly stb.) megvalósítása a gazdaságpolitikai eszköztár és intézményrendszer egyéb területeire tartozik. A pénzstabilitás primátusa ma már elfogadott a nyugati közgazdasági gondolkodásban. A valutaleértékelés kétélű fegyver, csupán az elavult exportszerkezetet konzerválja, a hatékonysági korlátok puhítása révén. A magyar gazdaság importfüggősége technikai jellegű, ezért a leértékelés csupán inflációs nyomást eredményez. Az agrárszektor részére a forint gyengülése sokkal több negatívummal járhatna, mint pozitívummal. Emelkedne az import eszközök ára, a felpörgő infláció révén szűkülne a belső piac. --------------------- Establishment and...
Tipo: Journal Article Palavras-chave: Agrárgazdaság; Erős forint; Import; Export; Belső piac; Agricultural economy; Strong HUF; Imports; Exports; Domestic market; Agribusiness; Agricultural and Food Policy; Agricultural Finance.
Ano: 2008 URL: http://purl.umn.edu/58603
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The EU demand for imports of virgin olive oil AgEcon
Ben Kaabia, Monia; Gil, Jose Maria.
This paper has analysed the import demand for virgin olive oil in the EU and more precisely in the Italian market, as it concentrates more than 80% of EU imports, aiming to determine the relative position of Mediterranean EU and non-EU countries exports and their degree of substitutability or complementarity. The methodology used is based on the specification of a Threshold Almost Ideal Demand System in which special attention has been paid to the stochastic properties of the series involved. In an empirical context, the paper has aimed to provide a set of import demand elasticities that can be useful in trade models. Results point to Spain as the leader in the Italian virgin olive oil market. It is expected that this position will be maintained in the...
Tipo: Conference Paper or Presentation Palavras-chave: Olive oil; Italy; Elasticities; Imports; TAIDS; Demand and Price Analysis; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/9390
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