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Jung, Jione; Koo, Won W.. |
The Korean livestock industry is currently facing the critical challenge of the market liberalization trend under the World Trade Organization. This study analyzes the consumption behavior of meat and fish products in Korea, by estimating the Linear Approximate Almost Ideal Demand System (LA/AIDS). The empirical results indicate that beef imports in Korea would increase in the future under trade liberalization. If cheap and better quality imported beef are introduced to Korean consumers, Hanwoo (Korean domestic cattle) beef would not maintain its market share. Key words: Meat, fish, trade liberalization, per capita consumption, demand, separability, and price elasticity. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Meat; Fish; Trade liberalization; Per capita consumption; Demand; Separability; And price elasticity.; Demand and Price Analysis. |
Ano: 2002 |
URL: http://purl.umn.edu/19895 |
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Jung, Jione. |
This paper analyzes the effects of the suspension agreement of the U.S.-Mexico fresh tomatoes antidumping cases on U.S. consumers. A linear and dynamic version of an inverse almost ideal demand system is developed to estimate consumer behavior. The measure of consumer welfare – compensating and equivalent variations – is derived specifically for the inverse demand system. The variation of cross-price flexibilities obviously reduced since the minimum export price system came into effect, but consumer welfare does not seem to change much in the circumstance. The consumers’ budget share on domestic fresh tomatoes is likely to reduce and it suggests that the suspension agreement may not guarantee the profit of domestic producers either. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Tomato; Antidumping; Inverse demand; Consumer welfare; Demand and Price Analysis; International Relations/Trade. |
Ano: 2009 |
URL: http://purl.umn.edu/49285 |
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VanSickle, John J.; Weldon, Richard N.; Jung, Jione. |
Virtually all the studies reviewed examined the crop insurance participation decision of midwestern producers of corn, soybeans, or other feed grains. Such program crops also have price or income support programs, which make crop producers less vulnerable to risk. Therefore, the role and implication of crop insurance for program crops may be different from those for non-program crops including specialty crops. Consequently, the results from the studies for program crops may not be applicable to specialty crop cases. The objective of this study is to analyze factors affecting specialty crop producers uses of crop insurance as a risk management tool. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Risk and Uncertainty. |
Ano: 2005 |
URL: http://purl.umn.edu/35621 |
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