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The impacts of economic and demographic variables on the demand for food grain commodities in urban Jiangsu province of China are estimated, using both the QUAIDS and the AIDS models. Results show that the demands for wheat flour and coarse grains are price-elastic while the demands for rice and...
Persistent link: https://www.econbiz.de/10008539731
Mexico initiated a federal animal identification (ID) system (SINIIGA) in 2003. The program is administered by an agency of the federal Department of Agriculture (SAGARPA) and has been used primarily to support a federal subsidy program for livestock producers. The program is conceptually well...
Persistent link: https://www.econbiz.de/10008489883
In response to nutria-linked degradation of much of its coastal wetlands, Louisiana established the Coastwide Nutria Control Program (CNCP) in January 2002. CNCP instituted, among other things, an ‘‘economic incentive payment’’ of $4.00 per delivered nutria tail from...
Persistent link: https://www.econbiz.de/10008504239
This article explores the similarities, differences, and implications from the 1970s–1980s experience for the macroeconomic dynamic that may arise from the 2008 price spike and subsequent recession. Role of monetary policy (deviations from Taylor rule) is assessed. This is an argument...
Persistent link: https://www.econbiz.de/10008489885
New revenue-based support programs in the 2008 Farm Bill represent a fundamental shift in farm programs and risk management decision-making. However, complexity, uncertainty, economics, and, arguably, an incomplete analysis of the new Average Crop Revenue Election (ACRE) program all contributed...
Persistent link: https://www.econbiz.de/10008489893
Periodically, events occur in the domestic and global economies that remind agricultural economists that macroeconomics matter. This was evident in the early 1980s when the Federal Reserve responded to double-digit inflation by driving interest rates to post–World War II period highs. The...
Persistent link: https://www.econbiz.de/10008489906
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
We focus on regulations controlling the spread of noxious weeds, especially the trade effects of regulatory differences across U.S. states. We specify a gravity model for each state’s seed, nursery product, and commodity trade with each other state. Within the gravity model, we examine...
Persistent link: https://www.econbiz.de/10008853644
Persistent link: https://www.econbiz.de/10010880440
Persistent link: https://www.econbiz.de/10010914258