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Registros recuperados: 27
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Increased Cocoa Bean Exports under Trade Liberalization: A Gravity Model Approach AgEcon
Yeboah, Osei-Agyeman; Shaik, Saleem; Wozniak, Shawn J.; Allen, Albert J..
Gravity models were developed to estimate the potential bilateral exports of cocoa under trade liberalization by the sixteen major cocoa producing countries to the US using panel data from 1989 to 2003. The results indicate that differences between resource endowment, relative size of economies, and the sum of bilateral GDP of U.S. and exporting countries are the major determinants. Thus, as trade is liberalized, farmers share of the world price of cocoa increases and this raises exports.
Tipo: Conference Paper or Presentation Palavras-chave: Gravity models; Bilateral exports; Market liberalization; Cocoa; Fixed Effects Model; Random Effects Model; Pooled O.L.S.; International Relations/Trade; Research Methods/ Statistical Methods; F10; F13.
Ano: 2008 URL: http://purl.umn.edu/6819
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An Analysis of Trends in Food Import Refusals in the United States AgEcon
Allen, Albert J.; Myles, Albert E.; Shaik, Saleem; Yeboah, Osei-Agyeman.
Millions of pounds of fresh fruits, vegetables, cut flowers, herbs, and other agricultural and food products enter the United States via commercial shipments from other countries every year. Although these items appear harmless, there could be hidden threats in that baggage and in those truckloads, trainloads, and containers of fresh and processed food items that could seriously threaten U.S. agriculture, its natural resources, and its economy (U.S. Customs and Border Protection 2007). Food imports play a major role in the success and competitiveness of various agribusiness firms in the United States. For example, food imports generate income, employment, output, and taxes and provide consumers with lower-priced products than those produced or purchased in...
Tipo: Report Palavras-chave: Agribusiness; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/55583
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The Trade Effects of MERCOSUR and The Andean Community on U.S. Cotton Exports to CBI countries AgEcon
Yeboah, Osei-Agyeman; Shaik, Saleem; Batson, Seon.
The United States engagement in nonreciprocal preferential trade arrangements has been proliferating with several developing countries throughout the past couple of decades. One of the oldest and more successful of these arrangements has been the Caribbean Basin Initiative (CBI).The CBI is a general term used to refer to the Caribbean Basin Economic Recovery Act of 1983 (CBERA), the Caribbean Basin Economic Recovery Expansion Act of 1990 (CBERA Expansion Act), and the Caribbean Basin Trade Partnership of 2000 (CBTPA) (Ozden and Sharma 2006). The central premise behind the plan was that, by encouraging the CBI countries to become more open and liberal, trade would expand – and eventually translate into economic development and growth (Deere, 1990). The...
Tipo: Conference Paper or Presentation Palavras-chave: Panel data; Trade diversion; Trade creation; CBI; Cotton imports; Agricultural and Food Policy; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/46028
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Trade Effects of the Central American Free Trade Agreement AgEcon
Yeboah, Osei-Agyeman; Shaik, Saleem; Allen, Albert J.; Ofori-Boadu, Victor.
Proponents of DR-CAFTA argue the RTA will free the U.S. agricultural sector of these disadvantages by leveling the field through the removal of these tariffs and in many cases, create preferences for U.S. exporters over third country suppliers, including those in Canada, Europe, and South America, helping to restore lost U.S. market share and expand overall U.S. exports. In this paper, we develop gravity models to estimate and predict the potential bilateral trade flows between U.S. and CAFTA countries using panel data. In the course of the study, it was expected that if DR-CAFTA were to have an effect, all countries under the agreement should be trade creators. All the six CAFTA countries but one (Costa Rica) are trade creators. The amount trade...
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/9815
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Efficiency Measure in Nitrogen Management under U.S. Trade Induced Corn Production AgEcon
Yeboah, Osei-Agyeman; Gunden, Cihat; Allen, Albert J.; Akuffo, Akua S..
The overall objective of this paper is to measure the impact of the undesirable outputs from NAFTA (agricultural production and trade) on the environment by years in post-NAFTA period. Data Envelopment Analysis (DEA) was used to measure environmental efficiency by considering desirable (corn production) and undesirable (nitrogen) outputs in fifteen states. DEA allowed us to measure the level of nitrogen pollution to be reduced by modeling undesirable output in efficiency evaluation. Data from 15 states (Colorado, Illinois, Iowa, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Carolina, Ohio, South Dakota, Texas and Wisconsin) on corn production, land use and nitrogen fertilizer from 1994-2008 (post-NAFTA) were considered. The...
Tipo: Conference Paper or Presentation Palavras-chave: Data Envelopment Analysis; Environmental Efficiency; Nitrogen Pollution; NAFTA.; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/98698
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Impact of Expanded United States Sugar Imports from CAFTA Countries on the Ethanol Market AgEcon
Yeboah, Osei-Agyeman; Parker, S. Janine.
The need to decrease the United States’ dependency on oil has pushed ethanol to the forefront of energy sources. In the U.S., corn is used to make ethanol. Corn-based ethanol production has been profitable over the past few years, but there has been a near doubling of corn prices in late 2006 and early 2007 (Outlaw, et. al., 2007). The trend is a constant rise in prices, which has given way to ethanol production by other sources of raw materials like sugarcane. Sugarcane ethanol is the most cost-efficient biofuel available anywhere in the world, and in the United States, the government supports sugar prices. Through the US sugar policy, sugar prices are controlled, and foreign imports are severely limited. Brazil is leading the way in sugarcane ethanol,...
Tipo: Conference Paper or Presentation Palavras-chave: Ethanol; Sugarcane; Sugar; CAFTA-DR; Alternative Fuels; Biofuels; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/46027
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Impact of Subsidies Across Alabama Counties: An Econometric Interpretation AgEcon
Yeboah, Osei-Agyeman; Thompson, Henry.
Fixed effect time series effect models are used to analyze the spatial and time series pattern of the effects of subsidies on manufacturing income across twenty counties in Alabama from 1970 to 1999. The results from the fixed effect model indicate that median populated counties performed better than larger and smaller counties while the time series effect model indicates that the impact of subsidies is marginal across the state over time.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2003 URL: http://purl.umn.edu/21905
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Consumers’ Willingness to Pay for Bacteriophage Technology Treated Fresh Produce AgEcon
Yeboah, Osei-Agyeman; Goktepe, Ipek; Naanwaab, Cephas B.; Kyei, Foster Ofori.
The United States is remarkably safe, when it comes to food supply. Nevertheless, food can become contaminated with a variety of germs. According to reports by a food safety group of the Centers for Disease Control and Prevention, food-borne illness caused by bacteria such as E. coli and salmonella not only take a huge toll on American consumers’ health but they cost the United States an estimated $152 billion annually in health care and other losses. To curb this increasing phenomenon, there has been a reintroduction of bacteriophage in the treatment of bacteria on raw foods. This study utilized a survey questionnaire administered by telephone to consumers in four different states; Alabama, Georgia, North Carolina, and South Carolina. In this study, as...
Tipo: Presentation Palavras-chave: Willingness-to-pay; Bacteriophage; Fresh produce; Logit model; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Environmental Economics and Policy.
Ano: 2012 URL: http://purl.umn.edu/119733
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A Foot and Mouth Disease Induced Model of US Excess Supply of Beef AgEcon
Yeboah, Osei-Agyeman; Ofori-Boadu, Victor; Salifou, Samaila.
Agriculture is a vulnerable sector of the U.S economy, accounting for 13% of Gross Domestic Product and 15% of employment. It produces quality cheap food for domestic consumption and accounts for more than $65 billion in export revenues. Contagious animal diseases like Foot and Mouth Disease (FMD) are often referred to as economic diseases because of the magnitude of harm they cause producers, local communities and the consequences in international trade. Losses from the 2001 FMD outbreak in the United Kingdom are estimated at $10.7 to $11.7 billion. The total cost of an FMD outbreak is the sum of eradication cost, production losses, and the loss of exports. This paper examines the export effects of a bioterrorist attack such as the introduction of...
Tipo: Conference Paper or Presentation Palavras-chave: Excess supply; FMD; Beef prices; Bioterrorism; Agricultural and Food Policy; Environmental Economics and Policy; International Relations/Trade; Q17.
Ano: 2008 URL: http://purl.umn.edu/46053
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The Impact of NAFTA on Agricultural Commodity Trade: A Partial Equilibrium Analysis. AgEcon
Naanwaab, Cephas B.; Yeboah, Osei-Agyeman.
This paper examines the effects of the North American Free Trade Agreement on agricultural commodity trade using extensive data. The data cover agricultural exports and imports between the U.S. and NAFTA partners over the extended period of 1989-2010. The commodities covered in our analyses include; corn, soy bean, cotton, wheat, fresh vegetables, poultry, dairy products, and red meats. Since the signing of the agreement, U.S. total agricultural commodity trade with NAFTA members has increased three-fold from $18 billion in 1994 to $61 billion in 2010. A partial equilibrium model, in which we derive each trading partner's excess demand and excess supply, is used to study the impact of NAFTA on trade, controlling for other trade-inducing variables such...
Tipo: Presentation Palavras-chave: NAFTA; Agricultural commodities; Trade; Partial equilibrium analysis; Agribusiness; Agricultural and Food Policy; Crop Production/Industries; International Relations/Trade; Marketing.
Ano: 2012 URL: http://purl.umn.edu/119730
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Exchange Rates Impacts on Agricultural Inputs Prices using VAR AgEcon
Yeboah, Osei-Agyeman; Shaik, Saleem; Allen, Albert J..
The effects of the U.S. dollar exchange rate versus the Mexican peso are evaluated for four traded nonfarm-produced inputs (fertilizer, chemicals, farm machinery, and feed) in the U.S. Unit root tests suggest that the exchange rate and the four input price ratios support the presence of unit roots with a trend model but the presence unit roots can be rejected in the first difference model. This result is consistent with a fixed price/flex price conceptual framework, with industrial prices more likely to be unresponsive to the exchange rate than farm commodity prices.
Tipo: Journal Article Palavras-chave: Exchange rate; Pass-through; Law of one price; SUR; VAR; Agribusiness; Financial Economics; International Relations/Trade; F14; F31; F36; F42; C23.
Ano: 2009 URL: http://purl.umn.edu/53096
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Chinese Market Access Barriers of U.S Oilseeds and Grains AgEcon
Yeboah, Osei-Agyeman; Appiah-Danquah, Gloria.
China was admitted into the WTO in December 2001 and this raised the hopes of the US that China will open up to agricultural trade with the US. However, this potential has not been realized. The goal of this study is to determine the impacts of trade impediments and barriers of the market access of US oilseeds and grains in China. A market access variable that was obtained by dividing the total value of U.S soybean and corn exports to China by U.S agricultural G.D.P was regressed on China’s per capita income, exchange rate of the yuan to the dollar, arable land to labor ratio in the U.S and a dummy variable representing China’s WTO accession. The result found per capita income to have a positive impact on market access of U.S oilseeds and grains in China....
Tipo: Presentation Palavras-chave: Market Access; Market Access Barriers; U.S Oil seeds and Grains; Import; International Development; International Relations/Trade.
Ano: 2012 URL: http://purl.umn.edu/119794
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FTAA AND NORTH CAROLINA: INCOME REDISTRIBUTION ACROSS LABOR GROUPS AgEcon
Yeboah, Osei-Agyeman; Malik, Mostafa; Thompson, Henry.
The specific factors model was used to determine potential adjustments due to FTAA on income redistribution among skilled labor groups in North Carolina. All wages but agriculture and manufacture labor are projected to rise. Returns to capital in service will increase while returns to capital in agriculture and manufacture fall.
Tipo: Conference Paper or Presentation Palavras-chave: Labor and Human Capital.
Ano: 2004 URL: http://purl.umn.edu/20380
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Applied Theory of Energy Substitution in the Southeast: An SUR Approach AgEcon
Yeboah, Osei-Agyeman; Thompson, Henry; Shaik, Saleem; Quaicoe, Obed.
Issues on energy have recently dominated the economic decisions of several states across the U.S. economy and states in the southeastern region of U.S. are no exception. Almost all the states in the southeast import virtually all of their fuel resources from the Gulf Coast representing an annual financial diversion of several billions of dollars some of which could be used to develop domestic, alternative energy resources. The focus of this study was to determine the potential substitution between renewable energy and conventional energy forms in the southeast of U.S. We developed a system of factor share equations using translog cost function. The system of equations was estimated using a pooled iterative Non-linear Seemingly Unrelated Regression (SUR)...
Tipo: Conference Paper or Presentation Palavras-chave: Energy Substitution; Translog Cost Function; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/98609
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Effects of Trade Openness on Economic Growth: The Case of African Countries AgEcon
Yeboah, Osei-Agyeman; Naanwaab, Cephas B.; Saleem, Shaik; Akuffo, Akua S..
The relationship between trade and productivity has not been established theoretically. Some researchers have indeed found some, if not complete, support for the view that increasing openness has a positive impact on productivity. This study used a Cobb-Douglas production function as in Miller and Upadhyay (2000) to estimate the impact of FDI, exchange rate, capital-labor ratio and trade openness on GDP for 38 African countries from 1980 to 2008. Data were transformed to natural logs and estimated using alternative panel models; which included one- or-two-way fixed or random effects models. The results found trade openness having a positive relationship with GDP; which is comparable to findings of Ahmed et al.; (2008).
Tipo: Presentation Palavras-chave: Trade Openness; Productivity; Africa; Cobb Douglas Production Function.; International Development; International Relations/Trade; Productivity Analysis.
Ano: 2012 URL: http://purl.umn.edu/119795
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Determinants of Profitability Performance: An Analysis of Class I Railroads in the United States AgEcon
Allen, Albert J.; Shaik, Saleem; Myles, Albert E.; Yeboah, Osei-Agyeman.
The purpose of this study was to estimate the impact of internal and external variables on the net profit margins of Class I railroads for the period 1996-2009. Parameter coefficients show that market concentration had a significant and negative impact on the net profit margins of the carriers.
Tipo: Conference Paper or Presentation Palavras-chave: Class I Railroads; Profitability Performance; Pooled Analysis; Agribusiness; Industrial Organization; Marketing; L25; L92.
Ano: 2011 URL: http://purl.umn.edu/98749
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WELFARE DIFFERENCES BETWEEN GROSS WATER PUMPED AND CONSUMPTIVE USE AS ALTERNATIVE POLICY CONTROL VARIABLES TO MEET AQUIFER MANAGEMENT OBJECTIVES AgEcon
Yeboah, Osei-Agyeman; Supalla, Raymond J.; Martin, Derrel L..
The welfare cost of using gross water pumped instead of consumptive use as a control variable to meet consumptive use goal was estimated for Southwestern Nebraska. The results show that the widespread use of gross water as a policy control variable substantially overstates the welfare cost of reducing consumptive use.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1999 URL: http://purl.umn.edu/21528
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BSE and the US Economy: Input-Output Model Perspective AgEcon
Yeboah, Osei-Agyeman; Kebede, Ellene; Ofori-Boadu, Victor; Allen, Albert J..
The potential impact of a BSE outbreak on the US economy is modeled in input-output setting using 2002 US IMPLAN data. An outbreak of BSE would hurt the US beef industry, other agriculturally-related industry, and the rest of the economy as a whole. The worse effects occur in the beef cattle and farming industries. Generally, the economy of every county would be hurt given the fact that cattle are produced in all the 50 states. But it is apparent that the damage would be substantial in those regions and households which already suffer the severest economic damage.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/34877
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China-U.S. Potential Non-food Ethanol Exportation AgEcon
Yeboah, Osei-Agyeman; Ofori-Boadu, Victor; Li, Tongzhe.
To reduce national oil dependency, ethanol has been given a center stage of U.S. energy sources. The Renewable Fuel Standard (RFS) program was launched to increase the volume of renewable gasoline from 9 billion gallons in 2008 to 36 billion gallons by 2012, among which 15 billion are corn-based ethanol, while U.S. corn-based ethanol can hardly achieve this level. There is a trend that indicates U.S. importing ethanol from other countries, so a bilateral trade system has been established between U.S. and Brazil since 2003. The annual import is 211 million gallons in 2008 (USDC, 2009). Nevertheless, this amount is far away from the target, and the worldwide food shortage called us to divert our attention from fuel to food. China, as the third largest...
Tipo: Conference Paper or Presentation Palavras-chave: Ethanol; Efficiency; Non-food; Productivity; Feedstocks; Agricultural and Food Policy; International Relations/Trade; Productivity Analysis; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/56469
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Economic Feasibility of Sustainable High Oilseed-Based Biofuel Production: The Case for Biodiesel in North Carolina AgEcon
Yeboah, Anthony K.; Naanwaab, Cephas B.; Yeboah, Osei-Agyeman; Owens, John Paul; Bynum, Jarvetta S..
We assess the economic feasibility of a 10 MMGY biodiesel plant using a Monte Carlo Cash Flow model programmed in Excel using @Risk, a simulation and risk analysis software. The model incorporates stochastic components to capture uncertainty in the analysis. The stochastic components are mainly variables that may exhibit risk, such as input prices, output prices, and expected revenues, and these are assigned probability distributions in the model. The model is programmed with three output variables: stream of revenues, profits/loss, and the resulting net present value (NPV) over ten year forecast period. Results from the cash flow analysis show that average expected revenues from the sale of biodiesel and co-products will be $48.5 million and total...
Tipo: Presentation Palavras-chave: Economic feasibility; Biodiesel; Monte carlo simulations; Risk analysis; Sensitivity analysis.; Agribusiness; Production Economics; Resource /Energy Economics and Policy; Risk and Uncertainty.
Ano: 2012 URL: http://purl.umn.edu/119729
Registros recuperados: 27
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