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| Registros recuperados: 20 | |
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| Bergtold, Jason S.; Peterson, Everett B.. |
| This paper determines the set of parametric restrictions required to maintain flexibility under asymmetric weak separability for the flexible and separable translog (FAST) multistage demand system. Because there is not a unique set of parametric restrictions that ensures separability and the values of the unconditional price and expenditure elasticities depend on the parametric restrictions imposed, the appropriateness of a chosen set of parametric restrictions should be tested empirically. An empirical example that illustrates how the choice of parametric restrictions affects the estimation results and the functional form of the price and expenditure elasticities is provided. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 2005 |
URL: http://purl.umn.edu/19497 |
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| Chen, Wei; Kauffman, Dan; Taylor, Daniel B.; Peterson, Everett B.. |
| Every year, the federal government regulates how many pounds of summer flounder (while these fish are called summer flounder, they are caught throughout the year) can be caught along the eastern seaboard. Annually, the federal government sets the total allowable landings (TAL) based on biological considerations and the each state gets a percentage of the TAL as a quota. The percentage of TAL each state receives is based on historical landings. Each state can then allocate its quota among the months. The purpose of this paper is to establish an optimization model to maximize the annual revenue from catching summer flounder by allocating their annual quota among twelve months. The first stage of this research is to specify and estimate a model to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6193 |
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| Peterson, Everett B.; Cotterill, Ronald W.. |
| Measuring the degree of price coordination between firms in a differentiated products industry is particularly challenging because it is necessary to utilize a demand system that is sufficiently flexible, allows the imposition of theoretical restrictions, and allow for the derivation of the functional form of the corresponding price reaction functions. Previous research has relied on restrictive demand systems in order to maintain the tractability of the price reaction functions. The purpose of this paper is determine whether using more flexible demand systems can yield a set of first-order profit maximization conditions that are mathematically tractable and amendable to estimation. The demand systems considered are the Almost Ideal Demand System (AIDS),... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1998 |
URL: http://purl.umn.edu/25159 |
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| Connor, John M.; Peterson, Everett B.. |
| This paper estimates the relationships between market structure and the Lerner index of monopoly constructed from price data on processed food products sold through grocery stores. A theoretical model of a differentiated oligopoly specifies two determinants of price-cost margins: the Herfindahl-Hirschman index of seller concentration adjusted for the elasticity of demand and the industry advertising-to-sales ratio. The results indicate that the three principal determinants of price-cost margin variation, in order of their impacts, are: advertising intensity, elasticity of demand, and concentration. Previous structure-performance studies that did not incorporate the elasticity of demand were probably misspecified. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness; Demand and Price Analysis. |
| Ano: 1991 |
URL: http://purl.umn.edu/116099 |
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| Bergtold, Jason S.; Akobundu, Eberechukwu; Peterson, Everett B.. |
| This study estimates a set of unconditional own-price and expenditure elasticities across time for 49 processed food categories using scanner data and the FAST multi-stage demand system with fixed effects across time. Estimated own-price elasticities are generally much larger, in absolute terms, than previous estimates, while our expenditure elasticities are generally much lower. The use of disaggregated product groupings, scanner data, and the estimation of unconditional elasticities likely accounts for these differences. Results of the study suggest providing more disaggregate product-level demand elasticities could aid in the economic analysis of issues relating to industry competitiveness or the impact of public policy. |
| Tipo: Journal Article |
Palavras-chave: Demand elasticities; Indirect separability; Processed foods; Agribusiness. |
| Ano: 2004 |
URL: http://purl.umn.edu/31108 |
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| Peterson, Everett B.; Evangelou, Phylo; Orden, David; Bakshi, Nishita. |
| The importation of fresh Hass avocados from Mexico into the United States has been restricted, totally or partially, since 1914 on grounds of the potential risk of pest infestation. This quarantine has been a cause of dispute between the Mexican and U.S. governments. In 1997, Hass avocados from approved orchards in the State of Michoacán, Mexico, were permitted to be imported during the months of November through February into 19 northeastern states plus the District of Columbia. In 2001, the import period was extended to October 15 through April 15, and access was granted to 12 additional states. Currently there is a proposal to remove all seasonal and geographic restrictions on the importation of fresh Hass avocados from Mexico. The purpose of this... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
| Ano: 2004 |
URL: http://purl.umn.edu/19938 |
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| Bergtold, Jason S.; Akobundu, Eberechukwu; Peterson, Everett B.. |
| This study estimated a set of unconditional own-price and expenditure elasticities for 49 processed food categories using scanner data and the FAST multistage demand system. Overall, our estimated own-price and expenditure elasticities are generally much larger, in absolute terms, than previous estimates. The use of disaggregated product groupings and the estimation of unconditional elasticities accounts for these higher estimates. Over half of the own-price elasticities are larger, on an absolute basis, than 0.9. Providing more disaggregate product level demand elasticities could aid in the economic analysis of issues relating to industry competitiveness or the impact of public policy. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis. |
| Ano: 2003 |
URL: http://purl.umn.edu/21893 |
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| Van Eenoo, Edward, Jr.; Peterson, Everett B.; Purcell, Wayne D.. |
| Policy and programmatic decisions dealing with beef exports require good information as to the impact of exports on the domestic beef industry. This paper utilizes a partial equilibrium model of the world beef market to assess the impacts on the U.S. beef sector of increases in real income in major beef importing countries, the impacts of changes in the prices of pork and poultry products, and the impacts of changes in the price of feedgrains. A one percent increase in real GDP in Canada, Japan, Mexico, and South Korea yielded a 1.6 percent increase in U.S. exports of high-quality beef. This increase in exports leads to approximately a 29.2 million pound increase U.S. beef production on a retail weight basis. The increase in export demand also yields an... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade; Livestock Production/Industries. |
| Ano: 2000 |
URL: http://purl.umn.edu/18923 |
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| Peterson, Everett B.; Orden, David. |
| A perfectly competitive spatial partial equilibrium model is constructed to evaluate some of the policy effects on world poultry trade. The model simulates the trade flows among six key exporting and importing countries and two aggregate rest-of-world regions. Effects of removal of restrictions based on tariffs, tariff-rate quotas (TRQs) and sanitary regulations are evaluated maintaining a distinction between "high-value" (mostly white meat) and "low-value" (mostly dark meat) poultry products. Results suggest that removal of sanitary barriers alone has relatively little effect compared to removal of tariffs and TRQs, but has more effect if sanitary and other barriers are removed simultaneously. Imposition of new sanitary barriers against US products by... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/19658 |
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| Peterson, Everett B.; Orden, David. |
| A competitive partial-equilibrium spatial model with heterogeneous goods is constructed to evaluate effects of the removal of tariffs, tariff-rate quotas, and sanitary regulations on world poultry trade. The model distinguishes between "highvalue" (mostly white meat) and "low-value" (mostly dark meat) poultry products and simulates the trade flows among eight exporting and importing countries and regions. Removing all barriers simultaneously has a larger impact on trade than removing only tariffs and tariff-rate quotas. Imposition of sanitary barriers against U.S. products by Russia shifts trade flows, but does not have large net impacts on U.S. producers. |
| Tipo: Journal Article |
Palavras-chave: Poultry trade; Sanitary barriers; Tariffs; Agricultural and Food Policy. |
| Ano: 2005 |
URL: http://purl.umn.edu/30785 |
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| Peterson, Everett B.; Orden, David. |
| A competitive partial-equilibrium spatial model with heterogeneous goods is constructed to evaluate effects of the removal of tariffs, tariff-rate quotas, and sanitary regulations on world poultry trade. The model distinguishes between "high-value" (mostly white meat) and "low-value" (mostly dark meat) poultry products and simulates the trade flows between eight exporting and importing countries and regions. Removing all barriers simultaneously has larger impact on trade than only removing tariffs and tariff-rate quotas. Imposition of sanitary barriers against US products by Russia shifts trade flows, but does not have large net impacts on US producers. |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade; Livestock Production/Industries. |
| Ano: 2004 |
URL: http://purl.umn.edu/16126 |
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| Connor, John M.; Peterson, Everett B.. |
| In the past 15 years, industrial-organization economists have significantly expanded the range of algorithms for calculating welfare losses due to imperfect competition. We compare eleven empirical estimates of economic losses due to market power in 47 U.S. food manufacturing industries, almost all of them previously unpublished. Each of the studies incorporate different theoretical assumptions about demand conditions, supply conditions, or industry pricing behavior; or they utilize various data sources, time periods, and assumptions about the proper competitive benchmark. The estimates of average allocative losses due imperfect competition range from 0.2 percent to an impossibly high 289 percent of industry output; consumer losses range from 6.0 percent... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness. |
| Ano: 1994 |
URL: http://purl.umn.edu/116120 |
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| Registros recuperados: 20 | |
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