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An Assessment of the Global Soybean Industry: An Application of Stochastic Equilibrium Displacement Model AgEcon
Costa, Rafael F.; Xia, Yan; Rosson, C. Parr, III.
This study uses stochastic equilibrium displacement model (SEDM) to investigate the impact on the soybean and its joint products (soymeal and soyoil) sectors of different countries and regions from transportation cost reduction in Brazil incorporating assumptions of decrease in the U.S. loan deficiency payment.
Tipo: Conference Paper or Presentation Palavras-chave: International Trade; Loan Deficiency Payment; Soybean; Soybean Joint Products; Stochastic Equilibrium Displacement Model; Transportation Costs; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/34953
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Analyzing the Impact of Changes in Trade and Domestic Policies: The Case of the Soybean Complex AgEcon
Costa, Rafael F.; Xia, Yan; Susanto, Dwi; Rosson, C. Parr, III; Adcock, Flynn J..
This study analyzes the impacts of domestic and trade policy changes on the soybean complex using a Stochastic Equilibrium Displacement Model (SEDM). Three different policies, Loan Deficiency Payments (LDP), transportation costs and export taxes are considered in the analysis. The results indicate that Brazil benefits from a reduction in transportation costs and becomes more competitive in the global soybean market. Brazilian exports of soybeans increase due to relatively lower export prices. However, Brazil gains little improvement in the export competitiveness of the soybean joint products, soybean meal and oil. A lower U.S. LDP rate results in the loss of competitiveness for the United States in the world soybean market. Furthermore, the results show...
Tipo: Conference Paper or Presentation Palavras-chave: International Trade; Loan Deficiency Payment; Soybean; Soybean Joint Products; Stochastic Equilibrium Displacement Model; Transportation Costs; Agricultural and Food Policy; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/45853
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Testing the Market Integration in Regional Cantaloupe and Melon Markets between the U.S. and Mexico: An Application of Error Correction Model AgEcon
Xia, Yan; Susanto, Dwi; Rosson, C. Parr, III.
Examine the integration between U.S. and Mexican cantaloupe and watermelon prices using cointegration and error correction model approach. Cointegration analysis shows significant post-2002 improvement in market integration, particularly in the speed at which the market adjusts to departures from its long-run equilibrium.
Tipo: Conference Paper or Presentation Palavras-chave: Cointegration; Error correction model; Johansen test; Market cointegration.; Marketing.
Ano: 2007 URL: http://purl.umn.edu/34844
Registros recuperados: 3
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