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| Reeves, G.W.; Longmire, James L.. |
| The view is taken that institutional factors operating in the international beef market limit the usefulness of a competitive spatial equilibrium model for understanding the process of price formation in the Australian beef market. A simple theoretical model is developed to demonstrate the impact of the U.S. beef quota and Australia's meat export control scheme on Australian beef prices. It is argued that Australian beef prices are related to the weighted average of export prices rather than any "world" price. Implications for the direction and volume of Australia's beef exports are discussed. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 1982 |
URL: http://purl.umn.edu/12294 |
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| Longmire, James L.; Moldashev, Altynbeck. |
| Economic incentives in Kazakhstan have been radically reshaped since the Soviet era ended in 1991. In the first phase of transition, the economy and agricultural sectors declined by 40-50%. Overall economic growth refused in 1996, and agriculture is likely to enter a recovery phase soon. The economy of Kazakhstan is undergoing rapid structural change, and agriculture is experiencing strong inter-sectoral competition. The change to market-oriented and commercially-driven agriculture has altered fundamentally the incentives faced by Kazakhstan's wheat farmers. They have reduced use of inputs sharply because of the need to pay market prices for fertilizer, fuel, and other inputs, while severely curtailing investment in machinery and their farms generally.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Crop Production/Industries. |
| Ano: 1999 |
URL: http://purl.umn.edu/7686 |
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