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Registros recuperados: 8
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Analysis of Import Demand for Wooden Beds in the U.S. AgEcon
Wan, Yang; Sun, Changyou; Grebner, Donald L..
The market of wooden beds in the U.S. has been flooded with imports from China and Vietnam in recent years. Static and dynamic Almost Ideal Demand System models are used to assess the import demand for wooden beds from the top seven supplying countries. The analyses reveal that the antidumping investigation on China has some temporary trade depression effect on China, but trade diversion occur to Vietnam, Indonesia, Canada, and Brazil. The formal implementation of antidumping duties since 2005 has not shown any significant effect on the trade pattern. U.S. consumers spend more on beds from newly industrialized countries and there are moderate degrees of substitution among wooden beds from most countries.
Tipo: Journal Article Palavras-chave: Antidumping; Cointegration; Demand elasticity; Furniture; Trade diversion; Agribusiness; Consumer/Household Economics; Demand and Price Analysis; Financial Economics; Marketing; C32; D12; F14; Q23.
Ano: 2010 URL: http://purl.umn.edu/100522
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ANALYSIS OF THE WORLD OIL CROPS MARKET AgEcon
Mattson, Jeremy W.; Sun, Changyou; Koo, Won W..
The world of oilseeds, meals, and oils has been evolving. New issues have emerged for researchers and policymakers. The United States is still the largest player, mainly due to its dominant position in soybeans and soybean meals. Nevertheless, the position of the United States has been challenged by several countries. The growth by Brazil and Argentina in the production of soybeans and soybean meal has especially eroded the market share of the United States in recent years. Malaysia and Indonesia have been aggressively marketing their palm oil, intensifying the competition for U.S. soybean oil exports. Other issues include changing trade policies and demand in major importing countries, trade liberalization, and genetically modified crops.
Tipo: Working or Discussion Paper Palavras-chave: Oilseeds; Soybeans; Brazil; Argentina; Trade; Crop Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/23621
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Assessing Time-Varying Oligopoly and Oligopsony Power in the U.S. Paper Industry AgEcon
Mei, Bin; Sun, Changyou.
The U.S. paper industry has become increasingly concentrated and therefore been suspected of imperfect competition. In this study, the new empirical industrial organization approach is employed to measure the degree of oligopoly and oligopsony power in the U.S. paper industry simultaneously. The model is estimated by iterative three-stage least squares using annual data from 1955 to 2003. The results reveal that there has been significant oligopoly and oligopsony power in the U.S. paper industry, and the oligopoly power has been consistently lower than the oligopsony power.
Tipo: Journal Article Palavras-chave: Market power; NEIO; Three-stage least squares; Time-varying parameters; Agribusiness; Environmental Economics and Policy; Land Economics/Use; Production Economics; L13; Q23.
Ano: 2008 URL: http://purl.umn.edu/47268
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HORIZONTAL AND VERTICAL INTRA-INDUSTRY TRADE IN THE U.S. FOOD PROCESSING INDUSTRY AgEcon
Sun, Changyou; Koo, Won W..
Intra-industry trade (IIT) in the U.S. food processing industry is evaluated in this study. The IIT index is disentangled into horizontal and vertical components and evaluated at 6-digit HTS product levels. The degree of IIT varies across different trading partners and sub-industries, and, for the U.S. food processing industry as a whole, it has been steadily increasing since 1989. Most of the IIT in the U.S. food processing industry is vertical in nature. However, horizontal IIT has been increasing faster than vertical IIT. The determinants of horizontal and vertical IIT are examined in a multiple-industry and multiple-country model. Industry characteristics show more significant effects on IIT than country characteristics. Product differentiation, market...
Tipo: Working or Discussion Paper Palavras-chave: Industrial Organization; International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/23629
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PRODUCTIVITY SPILLOVERS FROM INWARD FOREIGN DIRECT INVESTMENT IN THE U.S. FOOD PROCESSING INDUSTRY AgEcon
Sun, Changyou; Jin, Hyun Joung; Koo, Won W..
Productivity spillovers in the U.S. food processing industry resulting from inward foreign direct investment (FDI) were examined for the time period of 1988 to 1992. Both Caves-type (unidirectional) and simultaneous (bidirectional) spillover models were considered in the analysis. Using the Caves-type spillovers model, foreign investment was found to have significantly negative spillovers. The technology gap between U.S. firms and foreign firms in the food processing industry was small, and it was positively related to the productivity growth. The simultaneous equation model revealed that spillovers were bi-directional in the U.S. food processing industry. The demonstration effect from foreign presence was negative, but the competition effect had even...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/23596
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THE EFFECT OF EXCHANGE RATE VOLATILITY ON WHEAT TRADE WORLDWIDE AgEcon
Sun, Changyou; Kim, Mina; Koo, Won W.; Cho, Guedae; Jin, Hyun Joung.
A modified gravity-type model was employed to evaluate the effect of exchange rate volatility on wheat exports worldwide. Special attention was given to the econometric properties of the gravity model within a panel framework. Short and long-term measures of exchange rate volatility were constructed and compared. Both measures of exchange rate volatility exhibited negative effects on world wheat trade, with even greater effects in the long-term measure. This result implies that exchange rate volatility is an important factor in explaining the trade pattern of wheat worldwide.
Tipo: Working or Discussion Paper Palavras-chave: Wheat; Export; Exchange rate; Volatility; Gravity model; And panel data.; International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/23579
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THE EFFECT OF EXCHANGE RATE VOLATILITY ON WHEAT TRADE WORLDWIDE AgEcon
Sun, Changyou; Kim, Mina; Koo, Won W.; Cho, Guedae; Jin, Hyun Joung.
A modified gravity-type model was employed to evaluate the effect of exchange rate volatility on wheat exports worldwide. Special attention was given to the econometric properties of the gravity model within panel framework. Short and long-term measures of exchange rate volatility were constructed and compared. Both measures of exchange rate volatility have exhibited a negative effect on world wheat trade and the long-term effect was even larger. This result implies that exchange rate volatility is an important factor in explaining the trade pattern of wheat trade worldwide. Keywords: wheat, export, exchange rate, volatility, gravity model, and panel data.
Tipo: Conference Paper or Presentation Palavras-chave: Wheat; Export; Exchange rate; Volatility; Gravity model; And panel data.; International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/19766
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THE EFFECT OF FOOD-SAFETY RELATED INFORMATION ON CONSUMER PREFERENCE: THE CASE OF THE BSE OUTBREAK IN JAPAN AgEcon
Jin, Hyun Joung; Sun, Changyou; Koo, Won W..
This paper uses a nonparametric approach for testing whether there is a structural change in the meat demand of Japanese consumers due to the BSE (mad-cow disease) outbreak in the country. The axiom of revealed preference is utilized to test the stability of preference in Japanese meat consumption. The matrix of weak form of revealed preference (WARP) is partitioned and Kruskal-Wallis statistics are derived to evaluate whether the switches of preference are transitory or due to a structural change. Empirical results show that Japanese meat demand is currently unstable and has undergone a structural change, synchronized with the BSE outbreak in Japan in mid-September 2001.
Tipo: Working or Discussion Paper Palavras-chave: BSE (Mad-Cow Disease); The Revealed Preference Test; WARP; Structural change; Food Consumption/Nutrition/Food Safety.
Ano: 2003 URL: http://purl.umn.edu/23636
Registros recuperados: 8
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