Showing 21 - 30 of 324
We introduce an easily implemented and flexible calibration technique for partial demand systems, combining recent developments in incomplete demand systems and a set of restrictions conditioned on the available elasticity estimates. The technique accommodates various degrees of knowledge on...
Persistent link: https://www.econbiz.de/10005460375
Computable General Equilibrium (CGE) models are increasingly being used to project world food markets in order to support forward-looking policy analysis. Such projections hinge critically on the underlying functional form for representing consumer demand. Simple functional forms can lead to...
Persistent link: https://www.econbiz.de/10005460390
This paper is concerned with the impact of the BSE crisis in the UK and focuses on the spread between retail and farm prices. From a theoretical perspective we show that if market power has an effect on the spread between retail and farm prices then this determines the specification of the...
Persistent link: https://www.econbiz.de/10005460391
A revealed preference auction experiment is used to elicit values for two attributes, one relating to genetic modification and the other to country of origin of the food product, canola oil. A premium for a non-GM canola oil is found to approximate CA$0.4 to $0.6 per litre. Auction format...
Persistent link: https://www.econbiz.de/10005468630
A disaggregated variable profit function model is estiamted for French agriculture. Short-run results suggest price inelastic, positively sloped supply functions and that French agricultural production has benefited from important technological gains since the early 1960s. These gains are due...
Persistent link: https://www.econbiz.de/10011167848
This paper is coocemed with the analysis of some economic impacts of supply-management quota schemes based on evidence fran some of the Canadian quota programmes. Reasons underlying the wide acceptance of these programmes and the use of cost-increasing methods of quota administration are briefly...
Persistent link: https://www.econbiz.de/10011167874
Analysis of slaughter data leads to substantial intermediate supply elasticities with respect to price for mutton and lamb, goat and k1dmeat, and beef and veal, due mainly to mcreased fmishmg of younger ammals to heavterweights. Long-term elasticities are m the range of 0.65 to 2.00, 1.36 to...
Persistent link: https://www.econbiz.de/10011167951
The major determinants of cereal import demand in 7 4 less-developed countries (LDCs) were analysed using an econometric cross-sectional model. Key explanatory factors included the level of income and degree of urbanization, financial capacity proxies, and domestic grain supply variables. A...
Persistent link: https://www.econbiz.de/10011167974
Simultaneous equation models of the soyabean sectors in Japan and Taiwan are developed and estimated through seemingly unrelated regressions. The models integrate domestic supply and demand for soyabeans, soyameal, and soyaoil as well as the livestock market. Based on the established models, the...
Persistent link: https://www.econbiz.de/10011167988
This paper presents new econometric evidence concerning the variation of fresh apple prices in the US market as a function of fluctuations in supplies from seven major US and non-US supply areas. The Rotterdam inverse demand system recently developed by Barten and Bettendorf is used in the...
Persistent link: https://www.econbiz.de/10011168001