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A Quantitative Analysis of Trade Policy Responses to High Agricultural Commodity Prices AgEcon
Yu, Tun-Hsiang (Edward); Tokgoz, Simla; Wailes, Eric J.; Chavez, Eddie C..
Replaced with revised version of paper 07/24/09.
Tipo: Conference Paper or Presentation Palavras-chave: Trade policy; Agricultural markets; Commodity prices; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/51805
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A Re-examination of Factors Affecting United States Softwood Lumber Imports from Canada AgEcon
Baek, Jungho.
This paper examines the effects of the lumber price, the housing starts, and the bilateral exchange rate on U.S. softwood lumber imports from Canada in a cointegration framework. To that end, the Phillips-Hansen fully-modified cointegration (FM-OLS) procedure is applied to monthly data for the period from January 1994 through June 2009. Results show that there exists the long-run equilibrium relationship between the U.S. lumber imports from Canada and the selected macroeconomic and market variables. We also find that the U.S. lumber price and housing starts are more important than the bilateral exchange rate in influencing U.S.-Canada softwood lumber trade.
Tipo: Conference Paper or Presentation Palavras-chave: Exchange rate; Housing starts; Lumber imports; Lumber price; Phillips-Hansen fully-modified cointegration technique; Softwood lumber trade; International Relations/Trade; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/60930
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A Reexamination of Price Dynamics in the International Wheat Market AgEcon
Mohanty, Samarendu; Meyers, William H.; Smith, Darnell B..
This paper examines price relationships in the international wheat market using a cointegration and error correction approach. Price series are found to be first difference stationary and cointegrated. Our results provide evidence that the United States, Australia, the European Union, and Argentina react to Canada's pricing decisions whereas Canada does not respond to any other price changes except Australia's. Similarly, the United States also plays a strong role in the pricing of other exporters (except Canada) and its U.S. pricing decision is affected by changes in Canadian and Australian prices. The remaining exporters such as the European Union and Argentina respond to the U.S. and Canadian price changes but do not have any influence on other prices....
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 1996 URL: http://purl.umn.edu/18354
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A Reexamination of the U.S. Export Demand for Soybeans and Soybean Products AgEcon
Uri, Noel D.; Hyberg, Bengt.
This paper addresses the question of whether the export demand for soybeans and soybean products changed structurally over the 1950 to 1992 period as the U.S. agricultural sector became more integrated with the rest of the world economy. The results suggest that export demands were stable for soybeans, soybean meal and soybean oil over the sample period. Moreover, it is possible to infer conclusively that the long-run soybean and soybean product export price elasticities were in the elastic range. The implications include that for each one percent reduction in the price of soybeans, soybean meal and/or soybean oil brought about through a government program, exports increased by more than one percent, leading to a reduction in the variability of soybean and...
Tipo: Journal Article Palavras-chave: Export demand; Export price elasticities; Soybeans; Soybean meal; Soybean oil; Agribusiness; Crop Production/Industries; Demand and Price Analysis; International Relations/Trade.
Ano: 1994 URL: http://purl.umn.edu/90645
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A REVIEW AND ANALYSIS OF THE EXPORT ENHANCEMENT PROGRAM AgEcon
Rittgers, Chris.
The United States (US) Export Enhancement Program (EEP) was introduced in May 1985 with the goal of alleviating the agricultural sector's financial stress, through a restoration of export performance. Recently, the objectives of the policy have become more political in nature. The EEP is now considered to be an important means to pressure the European Community (EC) into offering concessions at multilateral trade negotiations. Under the EEP, payment inkind of export subsidies are authorized for selected or "targeted" markets. The EEP sales are supposed to be additional to commercial sales and should displace subsidized EC exports. Trade theory indicates that targeted export subsidies can be welfare increasing for the subsidizing country, but are likely to...
Tipo: Thesis or Dissertation Palavras-chave: International Relations/Trade.
Ano: 1991 URL: http://purl.umn.edu/10999
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A Review of FDA Imports Refusals - US Seafood Trade 2000-2010 AgEcon
Anders, Sven M.; Westra, Sabrina.
The United States is the third largest consumer of seafood products in the world. The percentage of imported seafood consumed in the U.S. has steadily increased from 66% in 1999 to over 84% in 2009 (NOAA, 2010). Food safety, especially of imported foods and products from developing countries, has raised increasing concerns among American consumers and policy makers. Accordingly, the Food and Drug Administration’s (FDA) (Ababouch et al. 2000) border inspection system is considered critical for ensuring the safety of domestic seafood consumers. However, the potential non-tariff barrier to trade posed by FDA regulations, especially for many developing country exporters have been frequently cited in the literature. This paper investigates trends and patterns...
Tipo: Conference Paper or Presentation Palavras-chave: Import refusal reports; FDA; Import Alerts; Seafood; Trade barriers; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; International Development; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/103877
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A REVIEW OF TARIFF RATE QUOTA ADMINISTRATION IN CANADIAN AGRICULTURE AgEcon
Barichello, Richard R..
To analyze Canada's Tariff Rate Quota (TRQ) administration, a model of efficient quota administration is put forward. After examining the operation of the Canadian TRQ system for its twenty-one TRQs, conclusions are drawn. In general this system has worked well in Canada. The quotas are almost all filled, and the administration is transparent and not costly for quota-holders to use. Among the international lessons from Canada's experience are that few WTO rules may be needed in this area, aside from steps to ensure the TRQ is fully available to users and can be freely transferred among them.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 2000 URL: http://purl.umn.edu/31335
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A ROAD AHEAD FROM CANCUN? WEIGHING UP SOME GIVE-AND-TAKE SCENARIOS IN A DDA SPIRIT AgEcon
Shakur, Shamim; Rae, Allan N.; Chatterjee, Srikanta.
Given that around 20 percent of the members of the World Trade Organisation (WTO) are identified as least developed countries (LDC's), global trade negotiations, resumed after the Cancun fiasco of September 2003, must address some major development issues in the spirit of the Doha Development Agenda (DDA), if they are to make any headway. This will, predictably, involve some sensible give-and-take not only between the developed countries and the LDC's, but also amongst the LDC's themselves, and between them and other developing countries. Issues of restrictions affecting agricultural trade - a major factor in the failure at Cancun - need re-addressing; but non-agricultural trade issues must also feature in the negotiations as that could make some...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/23709
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A ROTTERDAM APPLICATION TO INTERNATIONAL TRADE IN FRESH APPLES: A DIFFERENTIAL APPROACH AgEcon
Seale, James L., Jr.; Sparks, Amy L.; Buxton, Boyd M..
A Rotterdam import allocation model is used to fit import data for fresh apples in four importing markets important to U.S. apple exporters. Nested tests rejected homotheticity but could not reject homogeneity, symmetry, or separability among import suppliers. A Monte Carlo test rejected first-order autocorrelation in each market. Expenditure and price elasticities are calculated and reported.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1992 URL: http://purl.umn.edu/30726
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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 Selective Review of Developments in International Trade Theory: Commercial Policy and Free Trade AgEcon
Sgro, Pasquale M..
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1983 URL: http://purl.umn.edu/12531
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A Simple Measure for Agricultural Trade Distortion AgEcon
Roningen, Vernon O.; Dixit, Praveen M..
A simple measure is proposed that estimates the volume of trade distortion caused by the agricultural policies of trading countries. The index, called a TDS (Trade Distorted by support), would be useful for trade analysts to compare the trade impact of agricultural support policies across countries and commodities. The TDS index can be calculated largely from existing information on agricultural support. A TDS index might also be used to assess damages in trade dispute settlement cases.
Tipo: Working or Discussion Paper Palavras-chave: Indicators; Producer subsidy equivalent; Trade distortion; Trade models; Trade negotiations; Trade policy; GATT; International Relations/Trade.
Ano: 1991 URL: http://purl.umn.edu/51137
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A snapshot of Western Balkan’s agriculture from the perspective of EU accession AgEcon
Mizik, Tamas.
The Western Balkan countries can be characterised by their shared goal, which is rapid accession to the EU. Agriculture is an important element to achieving this goal. The role of agriculture differs widely among the analysed countries but is more important than the average of the EU. This study gives a comprehensive overview of the most important agricultural indicators. These indicators give a precise picture of the sector’s relevance, production structure, efficiency and international relations. After demonstrating changes in input use, production structure, prices and agricultural policies, the next section identifies some of its reasons. The analysis concentrates on the newest available data. Serbia is the leading producer and the only net exporter of...
Tipo: Article Palavras-chave: Western Balkans; State of agriculture; Trade balance; Production structure; Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Farm Management; International Relations/Trade; Land Economics/Use; Livestock Production/Industries.
Ano: 2012 URL: http://purl.umn.edu/122450
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A solution for a transparent WTO market access: the Flexible Swiss Formula AgEcon
Campo, Isabelle Schluep.
The Swiss tariff schedule is characterized by many disparities and distortions. Already in the Tokyo Round countries have recognized that in that case only a harmonizing formula for tariff reduction is effective. It prevents protectionists from escaping from tariff peak reduction and rewards countries that already have considerably reduced tariffs. The implementation of the Green Box, with direct payments as the central element of Swiss agricultural policy, is the basis for further liberalization of market access. Green Box measures are more efficient and transparent compared to trade distorting tariff rate quotas and tariffs. The Flexible Swiss Formula is a middle ground between the Uruguay and the Swiss Formula. Its progressive character reduces tariff...
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/31993
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A spatial bio-economic modelling approach on the trade-offs between global bioenergy demand, agricultural intensification, expansion, and trade AgEcon
Lotze-Campen, Hermann; Popp, Alexander; Beringer, Tim; Muller, Christoph; Lucht, Wolfgang.
Increased future demands for food, fibre and fuels from biomass can only be met if the available land and water resources on a global scale are used and managed as efficiently as possible. The main routes for making the global agricultural system more productive are through intensification and technological change on currently used agricultural land, land expansion into currently non-agricultural areas, and international trade in agricultural commodities and processed goods. In order to analyse the trade-offs and synergies between these options, we present a global bio-economic modelling approach with a special focus on spatially explicit land and water constraints as well as technological change in agricultural production. For a given bioenergy demand...
Tipo: Conference Paper or Presentation Palavras-chave: Land use change; Spatial modelling; Technological change; Environmental Economics and Policy; International Development; International Relations/Trade; Land Economics/Use; Research and Development/Tech Change/Emerging Technologies; C61; F15; Q24; Q25.
Ano: 2009 URL: http://purl.umn.edu/51458
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A Spatial Mathematical Model Analysis of the Linkage between Agricultural Trade and Deforestation AgEcon
Schmitz, Christoph; Lotze-Campen, Hermann.
Like agricultural trade, deforestation has increased tremendously throughout the past five decades. We analyse the linkage between both factors by applying trade and forest policy scenarios to the global land-use model MAgPIE ("Model of Agricultural Production and its Impact on the Environment"). The model predicts global landuse patterns in a spatially explicit way and uses endogenously derived technological change and land expansion rates. Our study is the first which combines global trade analysis with a spatially explicit mapping of deforestation. By implementing self-sufficiency rates in the regional demand and supply equations, we are able to simulate different trade settings. Our baseline scenario fixes current trade patterns until the year 2045....
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/115993
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A Stated Preference Analysis of International Commodity Marketing: South Korean Hotel Meat Buyers' Perceptions of Canadian Beef, US Beef and Australian Beef AgEcon
Unterschultz, James R.; Quagrainie, Kwamena K.; Veeman, Michele M.; Kim, Renee B..
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade; Livestock Production/Industries.
Ano: 1996 URL: http://purl.umn.edu/24081
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A STUDY OF THE IMPACTS OF TARIFF REDUCTIONS ON AGRICULTURE, LIVESTOCK, AND FISHERY SECTORS IN TAIWAN - AN APPLICATION OF SINGLE-COUNTRY MULTIPLE-SECTOR CGE MODEL AgEcon
Sun, Chin-Hwa; Chiang, Fu-Sung; Lin, Cheng-Hong; Lin, Kuo-Jung.
This study used a single-country 50-sector CGE model to evaluate the impacts of 24.03%, 23.72%, and 33.11%, tariff reductions on agriculture, livestock, and fishery, respectively, after Taiwan's accession to the WTO. Results show that imports of agriculture, livestock, and fishery would increase by 52.98%, 86.48%, and 216.57%, respectively, and the domestic production of agriculture would experience the biggest reduction of 16.2%.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/20604
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A STUDY OF U.S. EXPORTS OF SOYBEANS AND SOYBEAN MEAL AgEcon
Ryan, Mary E.; Houck, James P..
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 1976 URL: http://purl.umn.edu/13756
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A study of U.S. orange juice imports and exports AgEcon
Lee, Jonq-Ying.
Tipo: Report Palavras-chave: Orange juice; U.S.; Imports; Exports; Rotterdam price; Agribusiness; Demand and Price Analysis; International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/52895
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