This article utilizes dynamic simulation analysis to consider the likely consequences of the 1988 Japanese Beef Market Access Agreement (BMAA) on the Japanese livestock industry and beef imports. The results lead to a number of conclusions. Beef imports will increase to the new quota level in...

Enlargement of the European Community (EC), recent reforms of the Common Agricultural Policy (CAP), and structural policy changes in the Community have generated economic conditions whose combined long-term effect will be a decrease in the demand for US agricultural exports to the EC. Factors...

Analysis the tests for quasi-separability, net and perfect substitutability developed and implemented on a demand system model of the Japanese meat sector. Net complimentarity between chicken and dairy beef and chicken and pork; Japanese Wagyu beef as a separate commodity to both imported beef...

MERC Staff Report ES-2-99, 1988

Dynamic adjustment of Japanese livestock markets is analyzed under two alternative import policies: the 1988 Japanese Beef Market Access Agreement (BMAA) and complete liberalization of Japanese beef import policies. Modeling problems associated with these policies include the change from a quota...