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STRUCTURE AND CONDUCT OF THE WORLD RICE MARKET AgEcon
Kang, Hyunsoo; Kennedy, P. Lynn; Hilbun, Brian M..
The purpose of this paper is to analyze the world rice market through a Structure-Conduct-Performance (SCP) framework utilizing annual data from 1970 to 2007. Since World War Two, the world rice market has been very unstable, with rice prices experiencing volatile swings in both rice price and rice availability. Therefore, a SCP framework can provide crucial insight into the world rice market for policy makers. Also, this paper describes the effects of total production, export rice price, and real exchange rate for exporting countries on total export volume from an export supply model standpoint. On the basis of these results, it is evident that market power exists in the international rice market with respect to supply elasticity and an exporting...
Tipo: Conference Paper or Presentation Palavras-chave: S-C-P paradigm; World rice market; Concentration ratio; HHI; Export rice price; Exchange rate export supply function; Industrial Organization; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/46080
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Research Investments and Market Structure in the Food Processing, Agricultural Input, and Biofuel Industries Worldwide AgEcon
Fuglie, Keith O.; Heisey, Paul W.; King, John L.; Day-Rubenstein, Kelly A.; Schimmelpfennig, David E.; Wang, Sun Ling.
Meeting growing global demand for food, fiber, and biofuel requires robust investment in agricultural research and development (R&D) from both public and private sectors. This study examines global R&D spending by private industry in seven agricultural input sectors, food manufacturing, and biofuel and describes the changing structure of these industries. In 2007 (the latest year for which comprehensive estimates are available), the private sector spent $19.7 billion on food and agricultural research (56 percent in food manufacturing and 44 percent in agricultural input sectors) and accounted for about half of total public and private spending on food and agricultural R&D in high-income countries. In R&D related to biofuel, annual...
Tipo: Technical Report Palavras-chave: Agricultural biotechnology; Agricultural chemicals; Agricultural inputs; Animal breeding; Animal health; Animal nutrition; Aquaculture; Biofuel; Concentration ratio; Crop breeding; Crop protection; Farm machinery; Fertilizers; Herfindahl index; Globalization; Market share; Market structure; Research intensity; Seed improvement; Productivity Analysis.
Ano: 2011 URL: http://purl.umn.edu/120324
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