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Registros recuperados: 16
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A THEORY OF PACKER SELF PRODUCTION IN THE SWINE INDUSTRY AgEcon
Reimer, Jeffrey J..
An analytical model is developed to explain the increasing tendency of pork packers to produce their own hogs. Upstream integration is motivated by recent events including increasing hog buyer consolidation and a need for traceability, but is held in check since it lowers upstream managerial incentives to make non-contractible investments.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/19936
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Agricultural Trade and Freshwater Resources AgEcon
Reimer, Jeffrey J..
Approximately 75% of all water used by humans goes towards food production, much of which is traded internationally. This study formally models how this works in the case of crop agriculture, making use of recent advances in international trade theory and new data on the productivity by which countries use water for crop agriculture. The strength of the model lies in its ability to predict, when there is a shock to the system, how trade between pairs of specific countries changes for products that use water intensively. In one application of the model, international trade in final products is shown to be a means for countries to deal with short- and long-run shocks to water resources that are too big for one country to handle by itself in isolation. In...
Tipo: Presentation Palavras-chave: Climate change; Simulation; Trade liberalization; Water; Agricultural and Food Policy; Crop Production/Industries; International Development; International Relations/Trade; Resource /Energy Economics and Policy; F11; F18; Q25; Q54.
Ano: 2012 URL: http://purl.umn.edu/123944
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Designing U.S. Corn Grades to Reflect End Use Value AgEcon
Reimer, Jeffrey J.; Hill, Lowell D..
The 1986 U.S. Grain Quality Improvement Act introduced an explicit, economic purpose for grades-that they transmit information about end use value-but provided little guidance about what factors to include in grades. We determined which quality characteristics best reflect the processed value of U.S. corn in the case of a Japanese wet miller. Foreign material is the only grade factor closely related to processed value, but a large number of nongrade attributes, many of which reflect the intrinsic properties of corn, are found to vary substantially across shipments and to provide extensive information about value. Recommendations for U.S. grades are made.
Tipo: Journal Article Palavras-chave: Commodity marketing; Corn; Grades; Maize; Quality information; L15; Q13.
Ano: 2003 URL: http://purl.umn.edu/37311
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ESTIMATING THE POVERTY IMPACTS OF TRADE LIBERALIZATION AgEcon
Reimer, Jeffrey J..
As a new round of World Trade Organization negotiations is being launched with greater emphasis on developing country participation, a body of literature is emerging which quantifies how international trade affects the poor in developing countries. This survey summarizes and classifies thirty-five studies from this literature into four methodological categories: cross-country regression, partial-equilibrium/cost-of-living analysis, general-equilibrium simulation, and micro-macro synthesis. These categories encompass a broad range of methodologies in current use. The continuum of approaches is bounded on one end by econometric analysis of household expenditure data, which is the traditional domain of poverty specialists, and sometimes labeled the...
Tipo: Working or Discussion Paper Palavras-chave: Food Security and Poverty; International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/28695
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Evidence on Imperfect Competition and Strategic Trade Theory AgEcon
Reimer, Jeffrey J.; Stiegert, Kyle W..
Strategic trade theory shows that government intervention in markets with small numbers of traders can boost the welfare of a country relative to free trade. This survey critically assesses the empirical evidence regarding this possibility. One finding is that while many international food and agricultural markets are characterized by oligopoly, price-cost markups tend to be small, and the potential gains from intervention are modest at best. In turn, existing government interventions such as agricultural export subsidies are generally not optimal in a strategic trade sense. The evidence suggests that oligopoly by itself is not a sufficient rationale for deviating from free trade in international markets.
Tipo: Working or Discussion Paper Palavras-chave: Industrial Organization.
Ano: 2006 URL: http://purl.umn.edu/12609
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INCORPORATING COMMODITY STOCKHOLDING BEHAVIOR INTO A SHORT-RUN GENERAL EQUILIBRIUM MODEL OF THE GLOBAL ECONOMY AgEcon
Hertel, Thomas W.; Reimer, Jeffrey J.; Valenzuela, Ernesto.
This paper incorporates commodity stockholding into a short run, stochastic global general equilibrium model. A mix of econometric and calibration techniques are used to reconcile model outcomes with historical stockholding and price behavior. The resulting framework is useful for analyzing policies in the short run or presence of production variability.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2003 URL: http://purl.umn.edu/22110
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INTERNATIONAL CROSS SECTION ESTIMATES OF DEMAND FOR USE IN THE GTAP MODEL AgEcon
Reimer, Jeffrey J.; Hertel, Thomas W..
The making of projections often requires an economy-wide perspective, and the estimation of consumer demands at the international level. In this paper, an implicit, directly additive demand system (AIDADS) is estimated using cross-country data on consumer expenditures from the International Comparison Program (ICP), and then from Global Trade Analysis Project (GTAP) data. The two data sets are found to produce results that are quite consistent despite their differing origins, and the fact that the former is based on consumer goods that embody wholesale/retail margins, while margin demands are treated separately in GTAP. Given the similarity of the results, the estimation based on GTAP data is favored because it is readily matched to input-output based...
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/28696
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INTERNATIONAL CROSS SECTION ESTIMATES OF DEMAND FOR USE IN THE GTAP MODEL AgEcon
Reimer, Jeffrey J.; Hertel, Thomas W..
The making of projections often requires an economy-wide perspective, and the estimation of consumer demands at the international level. In this paper, an implicit, directly additive demand system (AIDADS) is estimated using cross-country data on consumer expenditures from the International Comparison Program (ICP), and then from Global Trade Analysis Project (GTAP) data. The two data sets are found to produce results that are quite consistent despite their differing origins, and the fact that the former is based on consumer goods that embody wholesale/retail margins, while margin demands are treated separately in GTAP. Given the similarity of the results, the estimation based on GTAP data is favored because it is readily matched to input-output based...
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/28703
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Malaria and National Income: Examining a Two Way Causal Relationship AgEcon
Datta, Saurabh; Reimer, Jeffrey J..
Simple plots of data show that malaria has a negative correlation with national income per capita, whether looking across countries at a point in time, or looking at a single country over time. Some countries have been able to move from an equilibrium characterized by low income and high malaria, to a new equilibrium with higher income and lower rates of malaria. This study develops and estimates a simultaneous equations model to explain these changes. We distinguish three potential causal chains: (a) the ability for decreases in malaria to increase income, (b) the ability for increases in income to reduce malaria (reverse causality), and (c) external factors that may lead to both higher income and lower malaria (incidental association). We find that...
Tipo: Conference Paper or Presentation Palavras-chave: Antipoverty; GDP; Health; Economic growth; Malaria; Simultaneous equations; Health Economics and Policy; International Development; Labor and Human Capital; I1; I3; O1; O2.
Ano: 2010 URL: http://purl.umn.edu/61179
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MARKET CONDUCT IN THE U.S. READY-TO-EAT CEREAL INDUSTRY AgEcon
Reimer, Jeffrey J.; Connor, John M..
The FTC’'s “"shared monopoly”" case was the focus of U.S. antitrust activity during the late 1970s, but prosecution of the cereal industry was terminated in 1981. We estimate the degree of market power in the industry, and find an increase in multilateral power after 1981.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2002 URL: http://purl.umn.edu/19726
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THE CONTRIBUTION OF PRODUCTIVITY LINKAGES TO THE GENERAL EQUILIBRIUM ANALYSIS OF FREE TRADE AGREEMENTS AgEcon
Itakura, Ken; Hertel, Thomas W.; Reimer, Jeffrey J..
Applied general equilibrium (AGE) analysis is often found to under-predict the increases in trade and economic growth that result from trade liberalization. One potential reason is that conventional AGE models ignore the strong correlations that exist between firm productivity, on the one hand, and exporting, importing, and investment, on the other. To examine this possibility, this study incorporates econometric evidence of these linkages into the dynamic Global Trade Analysis Project AGE model, and then uses this model to analyze a recently proposed East Asian free trade agreement. While conventional AGE modeling effects are found to predominate and be reinforced by the productivity effects, in some cases the latter actually reverse the changes predicted...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade; Productivity Analysis.
Ano: 2003 URL: http://purl.umn.edu/28693
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The Impact of Trade Costs on Firm Entry, Exporting, and Survival in Korea AgEcon
Kim, Sooil; Reimer, Jeffrey J.; Gopinath, Munisamy.
This study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit, productivity, and exporting in the Korean manufacturing sector. We verify many of the predictions of recent heterogeneous-firm models of international trade. For example, falling trade costs reduced entry by new Korean firms, increased their probability of exit, and reduced the market share of surviving firms. We also find that small firms had a particularly high level of dynamism over the sample period. Small firms were more likely to enter and exit, and marginally more likely to gain market share, enter export markets for the first time, and improve their productivity.
Tipo: Conference Paper or Presentation Palavras-chave: Employment; Exit; Exports; Firm deaths; Survival; Trade costs; Agribusiness; Industrial Organization; International Development; International Relations/Trade; Labor and Human Capital; Marketing; Production Economics; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies; F10; D24.
Ano: 2009 URL: http://purl.umn.edu/49185
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Trade Costs and the Gains from Trade in Crop Agriculture AgEcon
Reimer, Jeffrey J.; Li, Man.
Forthcoming in the American Journal of Agricultural Economics.
Tipo: Conference Paper or Presentation Palavras-chave: Geography; Grains; Trade costs; Trade liberalization; Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; International Development; International Relations/Trade; Marketing; Research Methods/ Statistical Methods; Q17; Q54; F18.
Ano: 2010 URL: http://purl.umn.edu/61169
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TRADE POLICY, FOOD PRICE VARIABILITY, AND THE VULNERABILITY OF LOW-INCOME HOUSEHOLDS AgEcon
Hertel, Thomas W.; Preckel, Paul V.; Reimer, Jeffrey J..
We utilize a global trade model to generate distributions of commodity and factor prices based on observed uncertainty in rice production. This is done for three trade policy regimes. We then assess their impact on domestic price variability and the likelihood of marginal households falling into poverty in four countries.
Tipo: Conference Paper or Presentation Palavras-chave: Food Security and Poverty; International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/20692
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Who Should be Interviewed in Surveys of Household Income? AgEcon
Fisher, Monica G.; Reimer, Jeffrey J.; Carr, Edward R..
This study tests the null hypothesis that it is sufficient to interview only the household head to obtain accurate information on household income. Results show that using a husband’s estimate of his wife’s income does not produce statistically reliable results for poverty analysis. Estimates of the wife’s income provided by the husband and wife are in agreement in only six percent of households. While limiting interviews to one person has the advantage of reducing the time and expense of household surveys, this appears detrimental in terms of accuracy, and may lead to incorrect conclusions on the determinants of poverty.
Tipo: Journal Article Palavras-chave: Africa; Gender; Household dynamics; Household surveys; Malawi; Poverty; Agricultural Finance.
Ano: 2010 URL: http://purl.umn.edu/95950
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Yield Variability and Agricultural Trade AgEcon
Reimer, Jeffrey J.; Li, Man.
We examine how changes in yield variability affect the welfare of cereal grain and oilseed buyers and producers around the world. We simulate trade patterns and welfare for 21 countries with a Ricardian trade model that incorporates bilateral trade costs and crop yield distributions. The model shows that world trade volumes would need to increase substantially if crop yield variability were to rise. Net welfare effects, however, are moderate so long as countries do not resort to policies that inhibit trade, such as export restrictions or measures to promote self-sufficiency in crops. Low-income countries suffer the most from increases in yield variability, due to higher bilateral trade costs and lower-than-average productivity.
Tipo: Journal Article Palavras-chave: Crops; Geography; Grains; Trade liberalization; Yield variability; Crop Production/Industries; Food Security and Poverty; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/55543
Registros recuperados: 16
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