Showing 1 - 10 of 319
The recent development of rice policies in Japan are summarized. The impact of the minimum access (MA) import on the supply and demand balance of rice, and the rice diversion areas in the future is also predicted.
Persistent link: https://www.econbiz.de/10010911283
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...
Persistent link: https://www.econbiz.de/10010911441
Countries replacing existing trade barriers with a fixed tariff may find that domestic price variability rises to politically unacceptable levels. This paper shows how the tariff-reduction formula can be modified to delay the transmission of world price variability. The importance of this...
Persistent link: https://www.econbiz.de/10010879510
China is both the world's largest producer and consumer of wheat. In an attempt to gain a larger slice of the important Chinese market, both the European Community and the United States have offered China subsidised wheat. In addition, other exporters have offered attractive credit arrangements...
Persistent link: https://www.econbiz.de/10010879519
A declining trend in the prices of vanilla beans reduce export earnings of developing country exporters. At the same time, currencies for these developing countries have depreciated. The 'new' trade theories suggest that market structure plays an important role in relating exchange rate...
Persistent link: https://www.econbiz.de/10011069384
Relationships between the United States Department of Agriculture's (USDA) estimated World Market Price, the Thai milled rice price, US transportation-adjusted cash rough rice price, and the Chicago Rice and Cotton Exchange rough rice futures price are examined for the 1987-1991 marketing years....
Persistent link: https://www.econbiz.de/10010911221
The law of one price (LOOP) is an essential foundation of both the pure theory of trade and monetary theory. Strictly speaking, the law relates to prices of individual commodities. However, empirical tests of LOOP have often relied on aggregated data. In this paper, a model is derived and...
Persistent link: https://www.econbiz.de/10010911250
This paper analyzes the effects of urbanization on demand for cereal grains - rice, wheat, and coarse grains - in nine Asian countries. A complete demand system (Almost Ideal Demand System in linear form) is estimated in two stages based on aggregate time series data from 1960 to 1988. In the...
Persistent link: https://www.econbiz.de/10010911269
Niger has two separate marketing channels for grain: one is the official system operated by the government; the other is a parallel channel of private traders. Researchers or policymakers wanting to study effects of price policies on producers are faced with two sets of prices. This paper seeks...
Persistent link: https://www.econbiz.de/10010911335
This paper reports on a methodology designed to examine the effects of selected agricultural policies in Hungary. The purpose of the paper is twofold. The first is to explain the methodology, dubbed multi-market analysis in previous work, which is implemented on personal computers to support...
Persistent link: https://www.econbiz.de/10010911362