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The paper considers an industry transforming primary commodities (farm products) into processed commodities (food products). It focuses on the allocation of embedded characteristics (carbohydrate, protein, etc.) both across space and among commodities. The approach generates a spatial...
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A model of household fresh potato consumption incorporating prices, income, family size and other socioeconomic effects is estimated by maximum likelihood Tobit procedures. The effects of truncation bias due to non-purchasing households are evaluated and decompositions of the Tobit elasticities...
Persistent link: https://www.econbiz.de/10005804172
An hedonic spatial equilibrium model of the European Union dairy sector is used to evaluate the interregional impacts of eliminating milk production quotas under a variety of domestic policy (intervention prices and domestic production/consumption subsidies) and trade policies (tariff rate...
Persistent link: https://www.econbiz.de/10005807724
Canadian Special Milk Classes have been the focus of longstanding WTO disputes on whether they work as export subsidies. This paper models the Special Milk Classes and Commercial Export Milk (CEM) explicitly in the U.S. and Canadian dairy trade and finds their effects. The effects of trade...
Persistent link: https://www.econbiz.de/10005493608
In a period of market liberalization and multilateral trade negotiations, price discrimination for commodities with distinct markets provides additional policy options to support farm income. While both the USA and Canada have implemented price discrimination policies in their domestic dairy...
Persistent link: https://www.econbiz.de/10005493684
The late 1990's is a period of substantive change in U.S. dairy policy with respect to import quotas, export subsidies, and classified pricing under state and federal milk marketing orders. An interregional model of the U.S. dairy sector is used to provide quantitative measures of the regional...
Persistent link: https://www.econbiz.de/10005503217