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Registros recuperados: 11
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A Demand System Analysis of the U.S. Trout Market AgEcon
Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M..
The objective of this study is to analyze how imported trout affects the domestic U.S. trout industry.
Tipo: Conference Paper or Presentation Palavras-chave: Trout; Demand System; Import; International Relations/Trade; F10; F11; F13.
Ano: 2010 URL: http://purl.umn.edu/56414
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A Determination of the Trade Creation and Diversion Effects of Regional Trade Agreements in the Western Hemisphere AgEcon
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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AN EMPIRICAL ESTIMATION OF THE IMPORT DEMAND MODEL AND WELFARE EFFECTS: THE CASE OF RICE IMPORTING COUNTRIES AgEcon
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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Determining the Impact of Crawfish Imports on U.S. Domestic Prices AgEcon
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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Impact of Corn Based Ethanol Production on the U.S. High Fructose Corn Syrup (HFCS) and Sugar Markets AgEcon
Marzoughi, Hassan; Kennedy, P. Lynn; Hilbun, Brian M..
The objective of this paper is to determine the impact of ethanol production on the sweetener market in the U.S. It was found that ethanol production has increased corn demand and prices, and therefore, may have a negative impact on HFCS production and increase the demand for sugar.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Production Economics.
Ano: 2008 URL: http://purl.umn.edu/6792
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IMPLICIT PRICE AND DEMAND IN OLIGOPOLISTIC COMPETITION: AN APPLICATION TO THE U.S. TROUT MARKET AgEcon
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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IMPORT DEMAND SYSTEM ANALYSIS OF THE SOUTH KOREAN WINE MARKET WITH THE SOURCE DIFFERENTATED AIDS MODEL AgEcon
Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M..
Under the assumption of block substitutability and partial aggregation, a source differentiated AIDS model was used to estimate South Korean wine import demand. Empirical results indicate that South Korean wine consumers have a strong preference for high quality French wines. French wines are shown to be substitutes for wines from other countries in the South Korean wine market. Since the implementation of a free trade agreement between South Korea and Chile, Chilean wines have steadily increased their market share exhibiting strong price competitiveness in the South Korean wine market.
Tipo: Conference Paper or Presentation Palavras-chave: Wine; AIDS; Block substitutability; Import demand; Demand and Price Analysis.
Ano: 2008 URL: http://purl.umn.edu/6345
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NORTH KOREAN FOOD SUPPLY AND DEMAND: AN ECONOMETRIC ANALYSIS AgEcon
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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STRUCTURAL APPROACH TO ANALYZE THE EFFECTS OF EXHCHANGE RATE ON IMPORT DEMAND AgEcon
Lee, Young-Jae; Kennedy, P. Lynn; Hilbun, Brian M..
The purpose of this study is to determine the impact the exchange rate has on local prices and import demand.
Tipo: Conference Paper or Presentation Palavras-chave: Exchange rate; Direct and indirect effects; Korean beef market; International Relations/Trade; F10; F11; F13.
Ano: 2010 URL: http://purl.umn.edu/56415
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STRUCTURE AND CONDUCT OF THE WORLD RICE MARKET AgEcon
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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THE RELATIONSHIPS OF TRADE, ECONOMIC GROWTH, AND MARKET POWER: THE CASE OF RICE EXPORTING AgEcon
Kang, Hyunsoo; Kennedy, P. Lynn; Hilbun, Brian M..
This paper aims to (1) analyze the relationship between rice exports and economic growth for the world’s top four exporting countries (Thailand, Vietnam, India, and the U.S) and (2) seek to determine to what extent market power affects a country’s economic growth. The main objective of this paper is to determine to what extent economic growth impacts a country’s rice exports as well as to what extent Foreign Direct Investment (FDI) impacts a country’s ability to export rice. This analysis also examines the impact of market power on economic growth. On the basis of these results, we examine the existence of market power in the international rice market with respect to rice supply, and moreover, propose that there is a bi-directional causality between the...
Tipo: Conference Paper or Presentation Palavras-chave: Rice export; CR4; GDP; FDI; Market power; Trade; Export supply function; Community/Rural/Urban Development; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/46081
Registros recuperados: 11
Primeira ... 1 ... Última
 

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