Showing 1 - 10 of 185
-effects' econometric model derived from the importer's profit equation and the 'Pricing to Market' (PTM) hypothesis. Data are a pooled …
Persistent link: https://www.econbiz.de/10011069384
abundant factor. Latin American agricultural trade is consistent with both models. The paper then shows that Latin American … agricultural trade is primarily explained by country differences in relative factor abundance between countries rather than …
Persistent link: https://www.econbiz.de/10010911399
Even if the original version of the Armington model is simple and plausible in estimation, the single CES and homotheticity assumptions are too restrictive for practical application and give biased price elasticities. This paper develops a generalized Armington model, which relaxes the single...
Persistent link: https://www.econbiz.de/10010911513
Conventional estimates of the economic return to agricultural research use market prices for the values of products and … multiple distortions in the market prices of products, inputs and foreign exchange. The method also takes account of variation …
Persistent link: https://www.econbiz.de/10010879439
preference function subject to market equilibrium conditions. Problems of this kind have been identified among agricultural … takes evidence from policy makers to derive target values for the producer price, imports, and the changes in the quota area …
Persistent link: https://www.econbiz.de/10010911292
could also induce contraction in agricultural exports from China and increase its net agricultural imports by as much as US …$9 billion annually, causing food and agricultural exports from other regions to increase. Total U.S. food and … agricultural exports could increase by about US$2.4 billion annually, with the non-grain crop sectors gaining the most. The biggest …
Persistent link: https://www.econbiz.de/10010879436
Impacts of agricultural and nonagricultural trade liberalization on agriculture are assessed in a multi-commodity …/regions. In both cases agricultural commodity prices tend to increase, an effect which is more pronounced when currency values …: agricultural multilateral liberalization and complete multilateral liberalization with floating exchange rates for all countries …
Persistent link: https://www.econbiz.de/10010879442
This paper examines whether developing countries, as a group, would be better off in the absence of agricultural … country agricultural protection is beneficial to developing countries, though by only a small margin, even if its removal were …
Persistent link: https://www.econbiz.de/10010879479
affecting trade flows of meat. This study demonstrates that the gravity model for a single agricultural commodity can be …The conventional gravity model is revised for a single commodity and applied to meat markets to determine factors … parameterized more effectively by using time series and cross-section data rather than cross-section data alone. This study reveals …
Persistent link: https://www.econbiz.de/10010911381
, and (2) the link between economic performance and agricultural imports. The results show that a reasonably strong case can … be made for the idea that advances in agricultural productivity are associated with longrun increases in imports of … cereals and other agricultural products by less wealthy nations. The connection comes via the positive income effect of …
Persistent link: https://www.econbiz.de/10010911411