Showing 1 - 10 of 17
The practices of the Canadian Wheat Board (CWB) are an important issue in U.S. - Canada trade disputes and WTO negotiations. This study analyzes the CWB?s effect on U.S. producers by reviewing findings from previous research and developing models to analyze CWB wheat exports to the United States...
Persistent link: https://www.econbiz.de/10005806317
Since the discovery of Bovine Spongiform Encephalopathy (BSE) in the United States in December 2003, U.S. beef exports have declined approximately 85 percent. A number of countries, including Japan and Korea (the top export markets for U.S. beef), have banned imports of beef from the United...
Persistent link: https://www.econbiz.de/10005806325
This paper examines whether exchange rate misalignment negatively affects agricultural trade, compared to other industry sectors. Nominal exchange rate misalignment is obtained from the percentage deviation of real exchange rates from their long-run equilibrium based on the theory of purchasing...
Persistent link: https://www.econbiz.de/10005806338
The effects of U.S. wheat prices, dollar values, and their volatilities on U.S. wheat market shares in 10 Asian countries are analyzed. The variables are converted to a relative form comparing the U.S. against Australian and Canadian variables in order to incorporate the effects of competition...
Persistent link: https://www.econbiz.de/10005806344
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...
Persistent link: https://www.econbiz.de/10010920140
The objective of this article is to measure the market power of U.S. grain exporters in the Asian countries. This study revisits the issue of the market power with the Goldberg and Knetter (1999) model, addressing an issue about using nominal exchange rate as a cost shifter. This study proposes...
Persistent link: https://www.econbiz.de/10009442852
A modified gravity-type model was employed to evaluate the effect of exchange rate volatility on wheat exports worldwide. Special attention was given to the econometric properties of the gravity model within panel framework. Short and long-term measures of exchange rate volatility were...
Persistent link: https://www.econbiz.de/10005513439
The case of reduction in ad valorem tariffs as a trade liberalization policy is considered in this article. It is shown that the reduction leads to a higher quality of imports, ceteris paribus. This hypothesis was tested on the case of Japanese beef imports from the United States and Australia....
Persistent link: https://www.econbiz.de/10005468737
A modified gravity-type model was employed to evaluate the effect of exchange rate volatility on wheat exports worldwide. Special attention was given to the econometric properties of the gravity model within a panel framework. Short and long-term measures of exchange rate volatility were...
Persistent link: https://www.econbiz.de/10005494049
New information about food safety can stimulate a sudden, significant concern by the public, resulting in a pronounced change in consumer demand. One such example is the declining level of beef consumption in Europe and Japan, stemming from the outbreak of Bovine Spongiform Encephalopathy (BSE),...
Persistent link: https://www.econbiz.de/10005494055