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IMPACT OF EXPORTS ON THE U.S. BEEF INDUSTRY AgEcon
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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