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STRATEGIC AGRICULTURAL TRADE POLICY INTERDEPENDENCE AND THE EXCHANGE RATE: A GAME THEORETIC ANALYSIS AgEcon
Kennedy, P. Lynn; von Witzke, Harald; Roe, Terry L..
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; International Relations/Trade.
Ano: 1994 URL: http://purl.umn.edu/51441
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International Internships in Agribusiness Curricula: A Proposal for Implementation AgEcon
Kennedy, P. Lynn; Harrison, R. Wes.
International internships complement classroom instruction in preparing students for careers in the agribusiness industry. For experiential learning to be an integral part of agribusiness management training, the student, industry and educational institution must each play a role in the design and implementation of the program. This paper discusses issues pertaining to the development and implementation of international internships and emphasizes the interrelationships between agribusiness students, industry and educators.
Tipo: Journal Article Palavras-chave: Experiential learning; International internships; Agribusiness; Internship plan; Agribusiness; Teaching/Communication/Extension/Profession.
Ano: 1996 URL: http://purl.umn.edu/90395
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EXPORT BEHAVIOR OF LOUISIANA AGRIBUSINESS FIRMS AgEcon
Hughes, Karol W.; Kennedy, P. Lynn; Ortego, Albert.
The United States is a party to several trading blocks, including the North American Free Trade Agreement, and is a signatory to the General Agreement on Tariffs and Trade. The impact of the new trading environment on the agribusiness sector depends on the business activities of individual firms. A survey of agribusiness firms was undertaken to gather information on their exporting experience and plans. The responses of exporters and non-exporters are presented. The likelihood of exporting increased with the size of a firm, both in terms of employee numbers an annual sales. The survey showed that for the majority of firms, exports accounted for less than 10% of total sales and that only a small number of companies had used government programs intended...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade; Agribusiness.
Ano: 1996 URL: http://purl.umn.edu/31673
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ANALYZING AGRIBUSINESS COMPETITIVENESS: THE CASE OF THE UNITED STATES SUGAR INDUSTRY AgEcon
Kennedy, P. Lynn; Harrison, R. Wes; Piedra, Mario A..
The U.S. sugar industry has historically been insulated from volatilities in the world sugar market through the use of an import quota. Recent occurrences in the international agricultural policy arena have brought the need to examine the competitiveness of the United States sugar industry to the fore. Developments with respect to international agricultural policies, combined with a restructuring of United States domestic agricultural policy will undoubtedly reshape the environment in which the U.S. Sugar industry operates. This paper seeks to answer how the various regions and sectors will be able to compete in the world market. This paper starts by outlining an analytical framework to examine the impact of various sources that influence...
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1998 URL: http://purl.umn.edu/34436
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WELFARE EFFECTS OF AGRICULTURAL TRADING BLOCS: THE SIMULATION OF A NORTH AMERICAN CUSTOMS UNION AgEcon
Kennedy, P. Lynn; Hughes, Karol W..
Agricultural trade liberalization among the three North American Free Trade Agreement (NAFTA) signatories is modeled using a political preference function. The model distinguishes among Canada, Mexico, the United States, and a politically passive rest of the world. Through the use of intracountry compensation, the analysis shows that, from an agricultural perspective, economic integration is in the best interest of the group as a whole, although not in the best interest of individual countries. More specifically, of the agricultural production sectors, Canadian dairy, Mexican corn, and U.S. beef producers suffer the greatest losses from the formation of North American customs union.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/31185
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A SECTORAL ANALYSIS OF AGRICULTURAL TRADE LIBERALIZATION AgEcon
Kennedy, P. Lynn; Atici, Cemal.
Complete agricultural trade liberalization between the United States and the European Union is examined with respect to the agricultural sector. A static, partial equilibrium model, distinguishing among the European Union, the United States, and a politically passive rest of the world, is used to simulate agricultural free trade. The results of this research reveal how European Union and United States adoption of free trade affects domestic and world prices, production, consumption, self-sufficiency, and welfare.
Tipo: Journal Article Palavras-chave: Agricultural policy; European Union; Trade liberalization; United States; International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/15559
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A GAME THEORETIC ANALYSIS OF TURKISH ACCESSION TO A EUROPEAN CUSTOMS UNION AgEcon
Kennedy, P. Lynn; Atici, Cemal.
The entrance of additional countries into a European customs union, in this case Turkey, and its impact on agriculture are examined. Results from a trade simulation model are used as components of a Political Preference Function and utilized within a game theoretic framework to identify the optimal strategies for Turkey, the EU, and the U.S. Turkey's best interest, from an agricultural perspective, involves adoption of agreements made in the Uruguay round of GATT as a developing country rather than applying EU protection. Although free trade is not the optimal solution, simulations indicate that the solution does involve the reduction of agricultural protection levels.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1999 URL: http://purl.umn.edu/31289
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COMPETITIVENESS IN THE WORLD SUGAR INDUSTRY: A COMPARISON OF THE EU AND U.S. SUGAR SECTORS AgEcon
Kennedy, P. Lynn; Harrison, R. Wes.
The EU and U.S. have historically been insulated from volatilities in the world sugar market. This paper reviews changes in WTO and regional trade agreements and interactions with domestic policies. A framework is developed to analyze the competitive positions of these sugar industries given world sugar policy reforms.
Tipo: Conference Paper or Presentation Palavras-chave: Competitiveness; Sugar; EU; U.S.; Agricultural and Food Policy; International Relations/Trade.
Ano: 1999 URL: http://purl.umn.edu/21649
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DISPUTES IN SUGAR AND AGRICULTURAL-BASED SWEETENERS AgEcon
Kennedy, P. Lynn; Petrolia, Daniel R..
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2001 URL: http://purl.umn.edu/16831
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DOMESTIC SUPPORT: ISSUES AND OPTIONS IN THE AGRICULTURAL NEGOTIATIONS AgEcon
Kennedy, P. Lynn; Brink, Lars; Dyck, John H.; MacLaren, Donald.
Tipo: Report Palavras-chave: International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/14622
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IMPACTS OF GLOBALIZATION ON AGRICULTURAL COMPETITIVENESS: THE CASE OF NAFTA AgEcon
Kennedy, P. Lynn; Rosson, C. Parr, III.
Major components of agricultural competitiveness, including definitions, factors, and indicators of competitiveness, are discussed, The case of the North American Free Trade Agreement (NAFTA) is used to illustrate how factors have influenced the competitive position of the NAFTA countries. Traditional neoclassical trade theory is used to evaluate the impact of currency exchange rate fluctuations and trade preferences on agricultural competitiveness. Pre- and post-NAFTA market shares are evaluated for five agricultural commodities of importance to the southern United States. The results of these evaluations are compared with theoretical expectations and discussed with special emphasis on implications for future trade negotiations.
Tipo: Journal Article Palavras-chave: Agricultural competitiveness; Exchange rates; International trade; NAFTA; International Relations/Trade; F14; Q17; Q18.
Ano: 2002 URL: http://purl.umn.edu/15477
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A GAME THEORETIC ANALYSIS OF U.S. RICE EXPORT POLICY: THE CASE OF JAPAN AND KOREA AgEcon
Lee, Dae-Seob; Kennedy, P. Lynn.
As a result of the Uruguay Round (UR), the impact on the international rice market is dramatic.The major U.S. benefit of the UR has been the access to the Japanese market. However, the U.S. share of this import market has been unstable and the share of Korean rice market is nearly zero prior to February 2002. Econometric estimation and Political Preference Function (PPF) approach are incorporated into a game theoretic analysis to analyze U.S. export potential to Japan and Korea.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/19686
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A PARTIAL-EQUILIBRIUM SIMULATION OF INCREASING THE U.S. TARIFF-RATE SUGAR QUOTA FOR CUBA AND MEXICO AgEcon
Petrolia, Daniel R.; Kennedy, P. Lynn.
A model consisting of Cuba, Mexico, the U.S., and an aggregated “"Rest of the World"” was developed to simulate increases in U.S. sugar imports from Cuba and Mexico. Results indicate that increased imports would generate up to $505 million in U.S. net gains, and that world prices increase only minimally.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/19764
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Increasing the United States Tariff-Rate Sugar Quota for Cuba and Mexico: A Partial-Equilibrium Simulation AgEcon
Petrolia, Daniel R.; Kennedy, P. Lynn.
Increases in the United States tariff-rate quota for sugar are simulated to determine the impact of Cuban market access and an increased Mexican allotment. The effects on both domestic and international sugar markets, including production, consumption, prices and trade, are determined and welfare effects identified. This analysis is carried out using a partial-equilibrium simplified world trade model, Modele International Simplifie de Simulation (MISS), which simulates, in a comparative-static framework, the effects of various policy actions.
Tipo: Journal Article Palavras-chave: Cuba; Mexico; Sugar; Tariff-rate quota; F13; F17; Q17.
Ano: 2003 URL: http://purl.umn.edu/43200
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A DYNAMIC IMPORT DEMAND ANALYSIS OF HONDURAN COFFEE AgEcon
Andino, Jose; Kennedy, P. Lynn.
The responsiveness of import demand for Honduran coffee to changing economic environments in its main trading partners was studied. Estimation included Johansen cointegration analysis and VAR models with Monte Carlo simulated error bands. Results indicate a significant response of Honduran coffee sales to changes in importers' incomes and import prices.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/34734
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Creole Coffee AgEcon
Kennedy, P. Lynn; Roule, Elizabeth D..
Creolé Coffee had just started to achieve regional and national success. However,recent volatility in the world coffee market resulted not only in price instabilities, but also created difficulty in procuring the high-quality product customers had grown to expect from Creolé. In examining this situation, Jim Brewer determined that the company must adapt their relationships with producers to ensure the availability of the quality and quantity of coffee needed to produce the premium blends consumers now associate with Creolé. In turn this would allow the company to provide consumers with a high quality product at a stable price.
Tipo: Journal Article Palavras-chave: Vertical coordination; Strategic alliances; Risk management; International trade; Commodity procurement.; Agribusiness; International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/8119
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AN ANALYSIS OF LATIN AMERICAN PEANUT TRADE AgEcon
Lee, Dae-Seob; Kennedy, P. Lynn; Fletcher, Stanley M..
The Latin American peanut industry is estimated using SUR. In scenarios, their demand is not affected dramatically by both price changes. The price changes affect the Latin American supply by roughly 15% and net trade by approximately 50%, compared to less than 10% in world price shock.
Tipo: Conference Paper or Presentation Palavras-chave: Peanut; SUR; Scenarios; Trade; International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/34744
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Effects of Catfish, Crawfish, and Shrimp Imports on U.S. Domestic Prices AgEcon
Lee, Young-Jae; Kennedy, P. Lynn.
Recent increases in imports of catfish, crawfish, and shrimp have caused concern as to their impact on domestic prices. This study seeks to identify the linkages between imports of these goods and producer prices. Increases in imports of catfish and shrimp are shown to decrease related domestic prices. However, recent trends show a simultaneous increase in both imports and domestic prices of crawfish.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/35637
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Regional Trade Agreements and Implications for US Agriculture: The Case of CAFTA-DR AgEcon
Paggi, Mechel S.; Kennedy, P. Lynn; Yamazaki, Fumiko; Josling, Timothy E..
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/93490
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Demand behavior of U.S. high fructose corn syrup (HFCS) and its implication for the U.S. sweetener market: a cointegration analysis AgEcon
Lee, Dae-Seob; Kennedy, P. Lynn.
This paper investigates the relationship between U.S. HFCS demand and refined sugar price. A cointegration analysis is utilized to investigate possible linkages between these markets. The coefficients on the ECM have the expected signs, and they measure adjustments towards long-run equilibrium. The study result also shows that there is cointegration in a relationship including, HFCS price, the refined sugar price, and income. the increase in HFCS demand would affect primarily the quantity of sugar imports negatively. However, this study does not necessarily support such a conclusion due to the exclusion of noneconomic factors such as change in consumer preference and health concern.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/19564
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