Due to a depressed wool industry sheep inventories have been declining resulting in significant increases in lamb and mutton imports. Goals of this paper are to estimate the derived demand and output supply for U.S. lamb imports, estimate demand elasticities, and to determine the impact of TRQ...

In this study, we estimated catfish feed and farm price reduced form equations. Of particular importance was the impact of the recent increase in grain prices induced by ethanol production on feed cost and farm prices. This relationship was examined using an autoregressive distributed lag (ARDL)...

Dynamic demand systems have been employed in a number of studies to account for habit formation and inventory adjustments in demand. Few studies have attempted to provide a theoretical foundation for the dynamic demand structures employed. Recently, Bushehri (2003) showed how a generalized...

Given the importance of the Imports for Re-exports Program in (IREP) in Canada, this study assessed the impact of per-unit export returns on Canadian demand for imported cheese. If Canadian importers increase utilization of IREP, U.S. exports to Canada will remain unchanged while imports from...

U.S. banana demand differentiated by country of origin is estimated using the generalized dynamic Rotterdam model. Results indicate that dynamic factors play a significant role in determining the allocation of U.S. banana expenditures across exporting sources. Of particular interest is...