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Monthly observations on prices from 10 weight/gender classifications of Nebraska beef cattle are studied in an error correction model (ECM) framework. This study attempts a replication of the 2003 paper on Texas prices by Bessler and Davis, where they find medium heifers (600–700 lb) at...
Persistent link: https://www.econbiz.de/10008504238
NAFTA and GATT will dramatically alter regulations protecting U.S. peanut markets and will allow foreign producers …, the effects of GATT appear manageable; NAFTA may ultimately require major policy reform. Possible alternatives are …
Persistent link: https://www.econbiz.de/10005320796
Counter-seasonal imports of fresh produce facilitate year-round availability in the U.S. and may impact the seasonal structure of market price relationships. Vector autoregression analysis is used to determine the nature and extent of spatial price relationships among four geographically...
Persistent link: https://www.econbiz.de/10005469275
Federal subsidies for nonprice export promotion of farm products have been criticized on the grounds that they merely substitute taxpayer dollars for private promotional expenditures. This ‘‘displacement hypothesis’’ is tested by estimating export demand and...
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We examined four evolution paths of the biofuel sector using a partial equilibrium world agricultural sector model in CARD that includes the new RFS in the 2007 EISA, a two-way relationship between fossil energy and biofuel markets, and a new trend toward corn oil extraction in ethanol plants....
Persistent link: https://www.econbiz.de/10005103129
This paper analyzes the European Union (EU) import demand for in-shell peanuts from three sources: the United States, China, and the rest of the world. We find that peanuts from different sources are differentiated by EU consumers. The expenditure elasticity is elastic for U.S. in-shell peanuts,...
Persistent link: https://www.econbiz.de/10005801919
This paper examines Chinese consumer preference for major animal products and assesses the potential impacts of a reduction in China's import tariff on its pork and poultry demand and net import. Our analysis suggests that China's demand for animal products will continue to grow as income...
Persistent link: https://www.econbiz.de/10005802740