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A Discussion on Armington Trade Substitution Elasticities AgEcon
McDaniel, Christine A.; Balistreri, Edward J..
Applied partial and general equilibrium models used to examine trade policy are almost universally sensitive to trade elasticities. Indeed, the Armington elasticity, the degree of substitution between domestic and imported goods, is a key behavioral parameter that drives the quantitative, and sometimes the qualitative, results that policymakers use. While standard transparent approaches to econometric estimation of these elasticities have been offered for the last 30 years, the estimates are viewed as too small by many trade economists. A few robust findings emerge from the econometric literature: (1) more disaggregate analyses find higher elasticities, (2) long-run estimates are higher than short-run estimates, and (3) time series analyses generally find...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/15856
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A Dynamic Bioeconomic Model of Ivory Trade: Details and Extended Results AgEcon
van Kooten, G. Cornelis.
Trade in ivory is banned under CITES in an effort to protect the African elephant. The trade ban is supported by some range states, most notably Kenya, because they see the ban as an effective means for protecting a ‘flagship’ species, one that attracts tourists and foreign aid. It is opposed by some states, mainly in southern Africa, because their elephant populations are exceeding the capacity of local ecosystems with culling and other sources have resulted in the accumulation of large stocks of ivory. They argue that ivory trade will benefit elephant populations. The question of whether an ivory trade ban will protect elephant populations is addressed in this paper using a dynamic partial-equilibrium model that consists of four ivory exporting regions...
Tipo: Working or Discussion Paper Palavras-chave: Economics of elephant conservation; Economics of ivory trade; Trade bans; Cartels and quota; International Relations/Trade; F10; O55; Q26; Q27.
Ano: 2006 URL: http://purl.umn.edu/37030
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A Dynamic CGE Model: An Application of R&D- Based Endogenous Growth Model Theory AgEcon
Diao, Xinshen; Elbasha, Elamin H.; Roe, Terry L.; Yeldan, A. Erinc.
An R&D based endogenous growth - applied general equilibrium model is developed from an underlying analytical model which combines Romer's capital variety with Grossman and Helpman's multi-sector open economy model. The transitional dynamics of the analytical model are derived. For numerical implementation, a time discrete empirical model, with an Armington structure, is fit to East Asian data of the social accounting matrix variety. Simulations of trade reform are performed and their static and dynamic effects compared. The transition paths of the state variables are found to have a half-life of five to six periods. A solution of the Social Planner's problem, and interventions which seek to obtain this outcome from the decentralized model are also...
Tipo: Working or Discussion Paper Palavras-chave: Applied General Equilibrium; Trade; Growth; International Relations/Trade; F11; 031; 041.
Ano: 1996 URL: http://purl.umn.edu/7461
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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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A dynamic model of oligopoly in the coffee export market AgEcon
Karp, Larry S.; Perloff, Jeffrey M..
A linear-quadratic, dynamic feedback oligopoly model that nests various market structures is used to estimate the degree of competitiveness and the adjustment paths of the two largest coffee exporters, Brazil and Colombia. Their estimated behavior is relatively competitive. This subgame perfect dynamic model is-compared to a standard static oligopoly model and the open-loop model (the dynamic generalization of the standard static model). Both classical and Bayesian tests of open-loop and feedback dynamic models are reported.
Tipo: Working or Discussion Paper Palavras-chave: Export marketing; Mathematical models; International Relations/Trade; Crop Production/Industries.
Ano: 1990 URL: http://purl.umn.edu/47250
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A dynamic model of oligopoly in the coffee export market AgEcon
Karp, Larry S.; Perloff, Jeffrey M..
A linear-quadratic, dynamic feedback oligopoly model that nests various market structures is used to estimate the degree of competitiveness and the adjustment paths of the two largest coffee exporters, Brazil and Colombia. Their estimated behavior is relatively competitive. This subgame perfect dynamic model is-compared to a standard static oligopoly model and the open-loop model (the dynamic generalization of the standard static model). Both classical and Bayesian tests of open-loop and feedback dynamic models are reported.
Tipo: Working or Discussion Paper Palavras-chave: Coffee; Dynamic oligopoly; Econometric; Subgame perfect Nash; Industrial Organization; International Relations/Trade; Research Methods/ Statistical Methods.
Ano: 1990 URL: http://purl.umn.edu/6093
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A FAIR PATH TO FREE TRADE: THE WTO AGRICULTURE NEGOTIATIONS AgEcon
Hegwood, David.
Speech and PowerPoint Presentation
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/33202
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A farm level analysis of the impact of milk quota reform: integrating econometric estimation with optimisation models AgEcon
Breen, James P.; Donnellan, Trevor; Hennessy, Thia C.; Thorne, Fiona S..
This paper explores the implications of an expansion of the EU milk quota. The paper begins by examining the relative competitiveness of dairy farming in the EU. FADN data is used to derive production cost measures and partial productivity indicators for selected Member States. The results show that Irish dairy farmers have relatively low cash costs of production and that output per hectare and per labour unit is low, suggesting that Ireland may be well placed to expand production if the milk quota regime were reformed. The subsequent sections of the paper address the implications of an expansion of the EU milk quota. Results of an analysis conducted using the FAPRI-Ireland partial equilibrium model are summarised while the results and methods of a farm...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Farm Management; International Relations/Trade; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6480
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A FLEXIBLE PARAMETRIC GARCH MODEL WITH AN APPLICATION TO EXCHANGE RATES AgEcon
Wang, Kai-Li; Fawson, Christopher B.; Barrett, Christopher B.; McDonald, James B..
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade; Research Methods/ Statistical Methods.
Ano: 1998 URL: http://purl.umn.edu/28355
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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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A Framework for Analyzing Technical Trade Barriers in Agricultural Markets AgEcon
Roberts, Donna; Josling, Timothy E.; Orden, David.
Technical trade barriers are increasingly important in the international trade of agricultural products. Designing technical trade measures that can satisfy the growing demand for food safety, product differentiation, environmental amenities, and product information at the lowest cost to the consumer and to the international trading system requires an understanding of the complex economics of regulatory import barriers. This report proposes a definition and classification scheme to frame discussion and evaluation of such measures. Open-economy models that complement the classification scheme are developed graphically to highlight the basic elements that affect the economic impacts of changes in technical trade barriers.
Tipo: Report Palavras-chave: Technical trade barriers; Sanitary and phytosanitary; Agricultural trade policy; Environmental trade measures; International Relations/Trade.
Ano: 1999 URL: http://purl.umn.edu/33560
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A Framework for Estimating U.S. WTO Domestic Support to 2015 AgEcon
Quiroga, Jose.
The framework allows comprehensive and consistent measurement and classification of U.S. domestic support to 2015 under different assumptions. Projections of future U.S. domestic support patterns are made with estimates published in the USDA Agricultural Baseline Projections. We also use information from the OECD, FAPRI, NASS, and our own estimates. We present key elements and an overview of our analytical framework, assumptions of a baseline scenario, and some analytical results and observations arising from our analysis. The baseline scenario extends the classification of programs in WTO notifications to 2015. The framework consists of 65 spreadsheets, which are grouped into 4 analytical stages: calculation of program estimates by commodity; calculation...
Tipo: Conference Paper or Presentation Palavras-chave: Agriculture; AMS; De minimis; Domestic support; WTO; Framework; International Relations/Trade; F1; Q1; Q17; Q18; F13.
Ano: 2006 URL: http://purl.umn.edu/25412
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A FRAMEWORK FOR THE IDENTIFICATION OF SPECIAL PRODUCTS WITHIN THE WTO: A CLOSER LOOK AT FOUR COMMODITIES IN BARBADOS AgEcon
Marcus-Burnett, Emalene.
Tipo: Conference Paper or Presentation Palavras-chave: Trade liberalization; Special products; Sensitive commodities; WTO; CARICOM Single Market and Economy; CAES; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Financial Economics; International Development; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/36951
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A Free Trade between Ukraine and the European Union: Challenges and Opportunities for Agricultural Markets AgEcon
Nekhay, Olexandr; Gay, Stephan Hubertus; Fellmann, Thomas.
The negotiations on a deep and comprehensive free trade agreement (FTA) between Ukraine and the EU are currently in process. Such a FTA can be expected to imply opportunities as well as challenges for agricultural markets. This paper provides a model-based quantitative assessment of the potential impacts of a FTA on agricultural commodity markets in the EU and Ukraine. For the quantitative analysis the dynamic, partial equilibrium model AGLINK-COSIMO has been adapted and applied. The modules for the EU and Ukraine have been extracted from the global model and prepared to run together. Thus, the focus is on the bilateral trade positions and not on the effect on other countries. The simulation of a FTA between the EU and Ukraine was done through the...
Tipo: Conference Paper or Presentation Palavras-chave: Ukraine; EU; Free Trade Agreement (FTA); Agricultural Markets; AGLINK-COSIMO; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/114616
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A Fruticultura e sua importância para a Região Nova Alta Paulista AgEcon
Lourenzani, Wagner Luiz; Lourenzani, Ana Elisa Bressan Smith; Bagaiolo, Gabriela Ribeiro; Rodarte, Thais Dizaro.
O Brasil é o terceiro maior produtor de frutas, entretanto, a participação nas exportações mundiais ainda é reduzida. A fruticultura consiste numa alternativa viável para o desenvolvimento uma vez que pode gerar renda a partir de reduzida área de produção, além de adotar mão-de-obra de forma intensa. A região Nova Alta Paulista apresenta características adequadas à atividade em termos de estrutura agrária e condições edafoclimáticas. Assim, esse estudo teve como objetivo caracterizar a fruticultura na região. Foram identificadas diversas barreiras ao desenvolvimento como a falta de coordenação entre os agentes das cadeias da fruticultura. Tais barreiras devem ser alvo de políticas públicas e privadas, pois os resultados podem beneficiar os agentes em...
Tipo: Conference Paper or Presentation Palavras-chave: Fruticultura; Agronegócio; Desenvolvimento regional; Fruit crops; Agribusiness; Local development; Agribusiness; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/107938
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A Functional Classification of Agricultural Trade Centers in North Dakota AgEcon
Voelker, Stanley W.; Helgeson, Delmer L.; Vreugdenhil, Harvey G..
The results from this study represent a pilot effort to develop a functional agricultural trade center classification for North Dakota using retail and professional service functions at each center. Any given center could advance to a higher class in the hierarchy or decline to a lower position as a result of changing conditions in the future.
Tipo: Working or Discussion Paper Palavras-chave: Marketing; International Relations/Trade.
Ano: 1978 URL: http://purl.umn.edu/23358
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A GABONAPIACI KERESLET SZEREPLŐINEK ÁTALAKULÁSA AgEcon
Kemenyne Horvath, Zsuzsanna.
A tanulmány bemutatja a hazai gabona keresletében bekövetkezett vertikális és horizontális átrendeződést és annak hatásait. A kérdőíves megkeresés és a mélyinterjúkból született válaszokat felhasználva, klaszteranalízis segítségével lehetővé vált a felvásárlói oldalon álló szereplők tipizálása, továbbá az áralku döntéseik modellezése. Megállapítható, hogy a gabonapiacon elsősorban a nagy kereskedelmi cégek és holdingok az árvezetők, ami méretükkel, tároló kapacitá-saikkal, logisztikai adottságaikkal és stratégiájukkal magyarázható. A feldolgo-zók (malom, takarmánykeverő, vetőmagos cégek), az integrátorok, kiskereskedők és egyéb cégek árelfogadók a gabonapiacon. Az intervenciós árszint a keresleti oldalon álló szereplők áralkuit, gabonapiaci stratégiáját...
Tipo: Journal Article Palavras-chave: Gabonapiac; Intervenció; Klaszteranalízis; Keresleti oldal; Áralku; Grain market; Intervention; Cluster analysis; Demand side; Price deal; Agribusiness; Crop Production/Industries; International Relations/Trade; Production Economics.
Ano: 2007 URL: http://purl.umn.edu/57664
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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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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 Game Theoretic Approach to Analyse Cooperation between Rural Households in Northern Nigeria AgEcon
Gerichhausen, M.; Berkhout, Ezra D.; Hamers, H.J.M; Manyong, Victor M..
To improve the livelihood of the poor in Sub-Saharan Africa (SSA) much attention has been paid to the development of new agricultural technologies. We hypothesize that farmers can also improve their livelihood through cooperation. Partial cooperation, in which knowledge is shared or bargaining power improved, is relatively common in SSA, while cooperation where all resources are fully shared, which we address, has rarely been investigated. An important pre-requisite to establish such cooperation, is the need for a fair division rule for the gains of the cooperation. This paper combines linear programming and cooperative game theory to model the effects of cooperation of (individual) households on income and farm plans. Linear programming establishes...
Tipo: Conference Paper or Presentation Palavras-chave: Cooperations; Linear Programming; Nigeria; Livelihood; Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Environmental Economics and Policy; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; International Relations/Trade; Marketing; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies.
Ano: 2008 URL: http://purl.umn.edu/52146
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