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| Registros recuperados: 18 | |
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| Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M.. |
| This study provides an example of how implicit price and demand models can be developed and used for empirical analysis. In particular, empirical application of these models can quantify the impact of implicit economic variables representing preference, relative price, production efficiency, the degree of price sensitivity to quantity supplied, and substitutability on market price and demand for domestic and imported products. Furthermore, the simultaneous impact of these implicit economic variables on market price and demand can be quantified using these implicit price and demand models. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
| Ano: 2010 |
URL: http://purl.umn.edu/60824 |
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| Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M.. |
| This study simulates North Korean food supply and demand using an econometric regression based upon neo-classical economic theory. In doing so, this study at first describes the autarky condition that exists in the closed economy of North Korea and the relationship between pro-military oriented economic policy and deficiency in the dietary needs required by the average North Korean. This study then quantifies the impact agricultural resources and policy have had on the production of food for the sample period of 1995 to 2008. Results show that food production decreases along with a decrease in agricultural input factors and with the implementation of a more pro-military oriented economic policy. Finally, this study simulates ex ante food balance. In order... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Political Economy. |
| Ano: 2010 |
URL: http://purl.umn.edu/60823 |
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| Lee, Young-Jae; Kennedy, P. Lynn. |
| This study analyzes the historical price response of individual crop acreage in order to determine the impacts of an expansionist policy in bioethanol production on the U.S. agricultural industry. In doing this, this study provides an economic foundation by using a traditional Rotterdam model to simulate a cropland demand system. Within the developed framework, this study estimates own and cross acreage elasticities and scale elasticities to show the impacts of acreage values on crop production and the relationship between total cropland and individual crop acreage. This study found that rice farming is most inelastic to own acreage value. Soybeans, hay, and wheat are shown to be good substitute crops for corn. Corn, soybeans, hay, wheat, cotton, barley,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Bioethanol; Acreage value; Rotterdam model; Own acreage elasticity; Cross acreage elasticity; Scale elasticity; Crop Production/Industries; Resource /Energy Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6343 |
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| Lee, Young-Jae. |
| In this study it is examined to see that if the government subsidy compensating for the additional cost of adopting best management practices (BMP) is equal to marginal net benefit, will farmers then try to adopt BMP at every level of TRQ and FMA without exhibiting concerns over the form of their production function and, also, will this then imply an ability on the part of the government to lighten importing and market restrictions on sugar. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness. |
| Ano: 2008 |
URL: http://purl.umn.edu/6826 |
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| Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M.. |
| The study identifies the linkage between imports and the domestic price of crawfish. The results show a simultaneous increase in imports and domestic prices of crawfish while showing a negative relationship between domestic landings and price. Each model shows that there is a seasonality effect on the domestic price of crawfish. The study also shows that increases in the domestic supplies of shrimp, tilapia, and clams generated increases in the domestic crawfish price while increases in imported and domestic supplies of beef and imported supplies of pork decreased the domestic crawfish price. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis; International Relations/Trade. |
| Ano: 2008 |
URL: http://purl.umn.edu/6344 |
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| Registros recuperados: 18 | |
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