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The California-Arizona lemon industry, after a long history of using fresh market shipment controls, operated during 1985-1986 without using the weekly prorate provisions of its federal marketing order. This article compares the level and variability of weekly shipments and prices for the,...
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The formal relationship between price asymmetry and marketing margins is derived and illustrated with a weekly analysis of prices and margins for fresh lemons and Navel oranges in four retail markets. In the short-run, retail prices and margins for both products were more responsive to f.o.b....
Persistent link: https://www.econbiz.de/10008570137
In order to analyse the effect of exchange rate uncertainty, we apply an empirical gravity equation to two sets of US bilateral trade data: fresh fruit over the period 1976--1999 for a panel of 26 countries; and fresh vegetables over the period 1976--2006 for a panel of nine countries. Based on...
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This paper investigates the determinants of foreign direct investment (FDI) and its relationship to trade in the U.S. food processing industry. A representative multinational corporation maximizes profits by choosing between production in the home country, which is exported, and production in a...
Persistent link: https://www.econbiz.de/10005014806
This study considers the welfare impact of labeling policies of agricultural commodities with specific characteristics. Using a model of vertical differentiation, the effects on equilibrium and welfare levels are calculated. The introduction of the regulation and the emergence of two...
Persistent link: https://www.econbiz.de/10005805396
This study examines the interaction between export subsidies and profit-shifting in a vertical production system consisting of agricultural commodity production, and intermediate and final good processing, where the latter two stages may be characterized by imperfect competition. Using a model...
Persistent link: https://www.econbiz.de/10005805438