|
|
|
| Registros recuperados: 45 | |
|
|
| Carter, Colin A.; Smith, Aaron D.. |
| Genetic modification of crops has revolutionized food production, but it remains controversial due to food safety and environmental concerns. A recent food safety scare provides a natural experiment on the corn market's willingness to accept unapproved genetically modified organisms. In 2000, a genetically modified corn variety called StarLink was discovered in the food-corn supply, even though it was not approved for human consumption. To estimate the price impact of this event, we develop the relative price of a substitute method, which applies not only to the StarLink event but also to rare events in other markets. We apply this method to measure the price impact of the StarLink contamination on the U.S. corn market. We find that the contamination led... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies; Q11; Q18; C22. |
| Ano: 2006 |
URL: http://purl.umn.edu/25447 |
| |
|
|
| Alston, Julian M.; Carter, Colin A.; Wohlgenant, Michael K.. |
| Political-economic analyses of the causes and consequences of agricultural commodity policies typically emphasize farmer and consumer (taxpayer) interests and underplay the role of agribusiness. A more complete understanding of agricultural policy requires paying attention to the important role of agribusiness interests. Policies that benefit farmers (e.g., price supports, supply controls, deficiency payments) may either enhance or reduce agribusiness profits. The type of policy instrument preferred by agribusiness varies among commodities, depending on the technology of the marketing processes beyond the farm gate and the elasticity of final demand. This paper emphasizes the idea that instruments of farm policy are chosen in response to pressures from... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm programs; Farm policy; Agribusiness; Political economy; Agricultural and Food Policy. |
| Ano: 1989 |
URL: http://purl.umn.edu/51252 |
| |
|
|
| Gunning-Trant, Caroline; Carter, Colin A.. |
| Trade remedy law is viewed as a major vehicle for protection in U.S. agriculture. The objective of this paper is to summarize the use of trade remedy law by U.S. agriculture and to highlight examples of where the use of these laws conflicts with free trade agreements such as NAFTA. Empirical evidence is presented of the effects of U.S. trade remedy laws on agricultural imports. We find evidence that is consistent with trade diversion on positive rulings and an "investigation effect" on negative rulings. |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 2003 |
URL: http://purl.umn.edu/11962 |
| |
|
|
| Ahmadi-Esfahani, Fredoun Z.; Carter, Colin A.. |
| The economics of a higher loan rate to support US wheat prices is analysed. Utilising optimal control theory, a dynamic wheat trade model is developed. The basic premise underlying the model is that the United States finds itself having transient monopoly power in the wheat market. An expression for the optimal pricing policy which maximises the present value of expected profits over the indefinite future is derived. Results from both the theoretical and empirical models demonstrate that the US wheat pricing strategy depends on its costs relative to competitors' costs, the discount rate and the competitors' response function. The main policy implication of the analysis is for the dominant wheat exporting country constantly to seek to lower costs relative... |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1987 |
URL: http://purl.umn.edu/22269 |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
| Barichello, Richard R.; Bivings, Leigh; Carter, Colin A.; Josling, Timothy E.; Lindsey, Patricia J.; McCalla, Alex F.. |
| This is one of two papers commissioned by the International Agricultural Trade Research Consortium on various aspects related to the agricultural sector of a prospective North American Free Trade Agreement. The companion paper to this one has been prepared by a working group chaired by Thomas Grennes, North Carolina State University. To minimize duplication with the Grennes paper, this paper has given greater attention to the general trade policy issues raised by a NAFTA, institutional factors, additional commodity detail in cereals, fruit and vegetables, and the relevance of other regional trade agreements such as the Canada-U.S. Trade Agreement. This work has also benefitted from an earlier report and its annexes, prepared for the Fraser Institute,... |
| Tipo: Report |
Palavras-chave: International Relations/Trade. |
| Ano: 1991 |
URL: http://purl.umn.edu/14619 |
| |
|
|
| Carter, Colin A.; MacLaren, Donald; Yilmaz, Alper. |
| Japan is one of the largest importers of wheat in the world, with imports originating from three countries, Australia, Canada, and the United States. Australia, Canada, and Japan all use a government single-desk agency to control wheat trade. Many previous studies on competition in the world grain trade have argued the market is imperfectly competitive, and they often point to the Japanese market. We study the Japanese wheat import market for this reason, but find no compelling evidence of imperfect competition. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Wheat trade; Competition; Crop Production/Industries; International Relations/Trade; F14; L10; Q17. |
| Ano: 1999 |
URL: http://purl.umn.edu/11973 |
| |
|
|
| Carter, Colin A.; Revoredo-Giha, Cesar. |
| This paper models the interaction of working (also called pipeline) and speculative commodity stocks. We model working inventories (i.e., raw material inventories carried by processors) based on Rameys (1989) model of inventories as factors of production, which allows us to represent storage under inter-temporal price backwardation, observed in commodity markets. We incorporate both speculative and working stocks in a simple model to analyze the interaction and to simulate the relationship between inter-temporal commodity price spreads and stocks. Our model replicates common price patters found in commodity markets. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
| Ano: 2000 |
URL: http://purl.umn.edu/21820 |
| |
|
| |
|
|
| Bond, Jennifer Keeling; Carter, Colin A.; Sexton, Richard J.. |
| This case study on the former Rice Growers Association (RGA) analyzes the effects of a variety of business decisions and market changes, relative to the ongoing Farmers’ Rice Cooperative (FRC). Interview and survey findings reveal that many respondents felt RGA’s Board of Directors was passive and, despite its large size, lacked the necessary expertise to direct management and represent the best interest of the broader cooperative membership. In the midst of challenging market conditions, RGA’s management teams were accused of making a number of poor business decisions that led to significant financial stress and the eventual dissolution of the firm. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness; Crop Production/Industries. |
| Ano: 2009 |
URL: http://purl.umn.edu/56929 |
| |
|
|
| Carter, Colin A.. |
| This review article describes the main contributions in the literature on commodity futures markets. It is argued that modern studies have focused primarily on technical questions, with insufficient economic content. More research needs to be directed towards understanding fundamental economic issues such as why so few farmers hedge, the impacts of government farm programs on commodity futures, and the market impacts of commodity pools. The literature has failed to explain the prevalence of inverted markets in grains and oilseeds, and there is unexplainable price volatility in markets such as hogs and orange juice. |
| Tipo: Journal Article |
Palavras-chave: Marketing; Risk and Uncertainty. |
| Ano: 1999 |
URL: http://purl.umn.edu/117044 |
| |
|
| |
|
|
| Carter, Colin A.; Green, Richard D.; Pick, Daniel H.. |
| The Armington trade model distinguishes commodities by country of origin and import demand is determined in a separable two-step procedure. The Armington framework has been applied to numerous international agricultural markets with the objective of modelling import demand. The purpose of this paper is to test the Armington assumptions of homotheticity and separability with data from the international wheat market. The empirical results overwhelmingly reject these assumptions. This has important implications for international trade modelling. |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 1988 |
URL: http://purl.umn.edu/51246 |
| |
|
| |
|
|
| Carter, Colin A.; Li, Xianghong. |
| This paper examines the composition of China’s international trade from 1980 to 1997, with a focus on agriculture and a view towards understanding agriculture’s changing trade structure relative to other sectors. We analyse the time series behaviour of individually traded goods at the Standard Industrial Trade Classification three‐digit level, categorised into three groups: agricultural commodities, ‘other’ primary commodities and manufactures. We find that China’s agricultural trade has expanded along comparative advantage lines in only a very modest way, suggesting that World Trade Organization membership will have a large impact on China’s agricultural trade patterns. |
| Tipo: Article |
Palavras-chave: International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/118996 |
| |
|
|
| Hickson, A.B.; Carter, Colin A.. |
| This paper examines changes in the welfare of Canadian barley and livestock producers attributable to a substantial alteration of Canadian domestic feed grain policy in 1974. Three welfare effects are determined institutional, destabilization, and risk response. Generally, the analytical results confirmed initial hypotheses, with the exclusion of a positive relationship between price risk and barley production on the Prairies. This positive relationship, theorized to result from the risk reduction effect of yearly stabilized Canadian Wheat Board initial prices, enhanced the welfare benefits of the policy change. |
| Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy. |
| Ano: 1987 |
URL: http://purl.umn.edu/32225 |
| |
| Registros recuperados: 45 | |
|
|
|
