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Gray, Richard S.; Sumner, Daniel A.; Alston, Julian M.; Brunke, Henrich. |
The California pistachio industry led an initiative to establish a federal marketing order, which mandates quality standards and an inspection program to assure food safety and consistency in the quality of California pistachios. We develop a stochastic dynamic simulation model of the pistachio market to investigate quantitatively the likely effects of such collective action enforced by government mandates. Simulation results indicate that, across the full range of parameters used in the analysis, the benefit-cost analysis was always favorable to the proposed policy. The measured benefits to producers, the nation, or the world always well exceeded the corresponding measure of costs, typically by many times. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Food Consumption/Nutrition/Food Safety. |
Ano: 2004 |
URL: http://purl.umn.edu/20031 |
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Alston, Julian M.; Balagtas, Joseph Valdes; Brunke, Henrich; Sumner, Daniel A.. |
During the negotiations on the Australia–US free trade agreement (AUSFTA), the US dairy industry vigorously opposed opening the US market to imports of Australian dairy products on the grounds that the US industry would be devastated. Subsequently, the agreement signed in February 2004 made an exception for dairy, providing for only limited quota expansion and no free trade, even at the end of the long implementation period. This paper presents a simulation model of world dairy markets, represented by supply and demand equations for fat and non-fat components of milk and manufactured dairy products. We use the model to analyse the effects on US milk markets of both a hypothetical agreement, allowing free bilateral trade in dairy products, and the actual... |
Tipo: Journal Article |
Palavras-chave: Australia–US trade agreement; Components model; Dairy; International Relations/Trade; Livestock Production/Industries. |
Ano: 2006 |
URL: http://purl.umn.edu/116926 |
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