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We show that the reduction of an ad-valorem tariff lead to an increase in Japanese imports of higher quality US beef relative to the lower quality Australian beef. Increasingly more efficient US beef production and strong income effect further explain the recent domination of the US beef in...
Persistent link: https://www.econbiz.de/10005805266
This study addresses the impact of trade openness on technical efficiency in the U.S. agricultural sector. The results indicate that trade protectionism illustrated with a decrease in the share of agricultural imports in agricultural GDP led to an increase in technical efficiency. A change in...
Persistent link: https://www.econbiz.de/10008922561
This study addresses the impact of trade openness on technical efficiency in the U.S. agricultural sector. The results indicate that trade protectionism illustrated with a decrease in the share of agricultural imports in agricultural GDP led to an increase in technical efficiency. A change in...
Persistent link: https://www.econbiz.de/10008693737