A case of Bovine Spongiform Encephalopathy (BSE) was found on December, 2003 in the United States, which affected offshore and domestic demands for US beef. This study evaluates the effects of the BSE outbreak on the security values of the US agribusiness and food processing firms, using an...

The case of reduction in ad-valorem tariff as the trade liberalization policy is considered. It was showed that it leads to higher quality of imports, ceteris paribus. This hypothesis was tested on the case of Japanese beef imports from the United States and Australia. US beef, according to the...

This study attempts to show that observed consumption change may not correctly depict consumer opinions and responses towards food safety issues due to the lack of suitable substitutes for foods with controversial safety. If there is no suitable alternative for consumers to alter their eating...

An import demand model, augmented with third-country effect variables, is developed to examine the effects of strong U.S. dollar, volatility of the U.S. dollar, and competition among the exporting countries on the shares of U.S. wheat in Asian markets. In the empirical model, the dependent...

This study analyzes consumers' responses to food-safety related information by evaluating if Japanese consumers have undergone a structural change in their preferences for meat due to the BSE outbreak in the country. The axiom of revealed preference is utilized to test the stability of...

This study examines third country effects on U.S. wheat export performance in Asian countries. An import demand model is developed to analyze the impacts of price competitiveness, exchange rates, and exchange rate volatilities on U.S. wheat market shares. The United States competes with...