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The increase in energy prices between 2004 and 2007 has several potential consequences for aggregate agriculture in the U.S. We estimate the derived input demand elasticities for energy as well as capital, labor, and materials using the differential supply formulation. Given that the derived...
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This study seeks to identify interproduct relationships between domestic catfish and a representative selection of imported seafood. In doing so, this study uses multivariate cointegration and structural analyses. Multivariate cointegration analysis suggests that six imported seafood product...
Persistent link: https://www.econbiz.de/10008853638
Promotion programs that subsidize advertising for exported agricultural products continue to be used despite much criticism that they are an inefficient use of taxpayer money. At the same time, others have advocated for an increase in funds to support domestic advertising for fruits and...
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This article analyzes the economies of capacity use regarding hot water decontamination to reduce postslaughter risk of pathogens in meat, taking interfarm heterogeneities of Salmonella risk and costs of transportation into account, using Denmark as a case study. If risk reduction goals are...
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Due to the size of the European Union’s agricultural production and its market, the impact of the EU’s Common Agricultural Policy (CAP) reaches far beyond Europe and has major implications for trade in agricultural goods all over the world including the ESA region. Since the 1950s, the CAP...
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A regime-switching model for analysis of market integration has been developed that incorporates rate of trade information. An application of the methods to United States–China soybean trade demonstrates that the extended trade information allows better interpretation of market...
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