The conventional gravity model is revised for a single commodity and applied to meat markets to determine factors affecting trade flows of meat. This study demonstrates that the gravity model for a single agricultural commodity can be parameterized more effectively by using time series and...

The article develops three hypotheses about how policy interventions in major trading nations influence price integration in the world beef market. Simple correlation coefficients, tests for significant differences between coefficients, and Granger causality tests are used to test the...

This paper hypothesizes that while there are important qualitative differences in domestic beef and imported beef, beef and cattle imports also represent attempts by the US beef processing and wholesale sector to adjust to short-run changes in supply and demand. Dynamic production theory is...

Consumption of livestock products in Southeast Asia could continue to increase rapidly, as has been the case in Northeast Asia. The extent to which domestic producers may respond to these demand developments will be influenced by government interventions in both livestock product and feeds...

The performance of the poultry industry in Indonesia is analyzed in terms of changes in producer and consumer welfare as a result of public policy intended to limit the size of production units in order to distribute growth opportunities to smaller farms. Elasticities of supply and demand are...

This paper investigates the impact of China's and Taiwan's accession to the World Trade Organization (WTO) on U.S. and world agricultural trade by means of a 12-region, 14-sector Computable General Equilibrium model for world trade and production. The simulation results show that integrating...

Impacts of agricultural and nonagricultural trade liberalization on agriculture are assessed in a multi-commodity, multi-country framework. By modeling simultaneously all goods sectors of the economy, we evaluate the importance of: (a) relative price changes between sectors, and (b) income and...

This paper examines whether developing countries, as a group, would be better off in the absence of agricultural protection in the industrial North and, if so, whether they should support reforms negotiated between the major players in the Uruguay Round. Results from the Tyers-Anderson GLS model...

This paper investigates a central part of the argument that agricultural assistance by the United States to developing nations leads to diminished export markets for U.S. farmers. A sizeable cross section of low-income and lower-middle-income nations is used to provide statistical analyses of: (...

An identified vector-autoregressive model is used to analyze the transmission of external commodity shocks to the Brazilian economy. The effects of the interaction between domestic macroeconomic (monetary and exchange rate) policies and external shocks to agricultural commodity (raw material and...