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Registros recuperados: 11 | |
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Hilbun, Brian M.; Kennedy, P. Lynn; Dufour, Elizabeth Anne. |
With the recent proliferation of Regional Trade Agreements (RTAs) the tendency world-wide has been seemingly toward trade liberalization. This thesis is primarily concerned with the impacts RTAs have had in the Western Hemisphere regarding agricultural trade flows. Utilizing the framework of the Gravity Model, agricultural trade flows for 24 Western Hemisphere Nations were examined. In the course of the study it was expected that if RTAs were to have an effect it would be a positive Trade Creation Effect and a negative Trade Diversion Effect with positive effects for GDP of importer/exporter and population size of importer/exporter and a negative effect for that of distance. Of the five agreements examined (NAFTA, AC, MERCO, LAIA, and CACM), NAFTA and... |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
Ano: 2006 |
URL: http://purl.umn.edu/21138 |
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Kang, Hyunsoo; Kennedy, P. Lynn; Hilbun, Brian M.. |
This analysis presents the determination of an import demand function for the world rice market using annual data from 1994 to 2007. In the specification and analysis of a world rice market import demand function, Ordinary Least Square (OLS), Instrumental Variables (IV) with Generalized Method of Moments (GMM), and Seemingly Unrelated Regression (SUR) methods have been used. Social welfare effects have been obtained using consumer surplus and compensated variation for the top four rice importing countries (Indonesia, Philippines, Nigeria, and Saudi Arabia). Empirical results suggest that economic growth, Foreign Direct Investment (FDI), and importing countries’ population positively affect national income, thus, positively affecting rice consumption. Oil... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Rice export and import; Consumer surplus; Trade; Import demand function; International Relations/Trade. |
Ano: 2008 |
URL: http://purl.umn.edu/46082 |
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Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M.. |
The study identifies the linkage between imports and the domestic price of crawfish. The results show a simultaneous increase in imports and domestic prices of crawfish while showing a negative relationship between domestic landings and price. Each model shows that there is a seasonality effect on the domestic price of crawfish. The study also shows that increases in the domestic supplies of shrimp, tilapia, and clams generated increases in the domestic crawfish price while increases in imported and domestic supplies of beef and imported supplies of pork decreased the domestic crawfish price. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis; International Relations/Trade. |
Ano: 2008 |
URL: http://purl.umn.edu/6344 |
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Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M.. |
This study provides an example of how implicit price and demand models can be developed and used for empirical analysis. In particular, empirical application of these models can quantify the impact of implicit economic variables representing preference, relative price, production efficiency, the degree of price sensitivity to quantity supplied, and substitutability on market price and demand for domestic and imported products. Furthermore, the simultaneous impact of these implicit economic variables on market price and demand can be quantified using these implicit price and demand models. |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
Ano: 2010 |
URL: http://purl.umn.edu/60824 |
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Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M.. |
This study simulates North Korean food supply and demand using an econometric regression based upon neo-classical economic theory. In doing so, this study at first describes the autarky condition that exists in the closed economy of North Korea and the relationship between pro-military oriented economic policy and deficiency in the dietary needs required by the average North Korean. This study then quantifies the impact agricultural resources and policy have had on the production of food for the sample period of 1995 to 2008. Results show that food production decreases along with a decrease in agricultural input factors and with the implementation of a more pro-military oriented economic policy. Finally, this study simulates ex ante food balance. In order... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Political Economy. |
Ano: 2010 |
URL: http://purl.umn.edu/60823 |
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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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Registros recuperados: 11 | |
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