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The restricted source differentiated almost ideal demand system (RSDAIDS) is used to estimate the parameters of the Japanese and South Korean source differentiated meat demand models. Expenditure and own-price elasticities indicate that Japanese beef, Canadian and Danish pork, and Brazilian and...
Persistent link: https://www.econbiz.de/10005220480
The theories of monopolistic competition and ¡°love for variety¡± contend that the differences in firms¡¯ prices and market shares arise from product differentiation, which is linked to firms¡¯ fixed costs. This paper reviews these theories and their implications for prices and market...
Persistent link: https://www.econbiz.de/10005060737
The restricted source differentiated almost ideal demand system (RSDAIDS) is used to estimate source differentiated meat demand for U.S. NAFTA partners. In the Canadian meat market, the estimated price and expenditure elasticities indicate that Canadian beef has a competitive advantage compared...
Persistent link: https://www.econbiz.de/10005522226
This paper estimates import demand functions for red meat and live cattle and investigates the impact of BSE and the trade ban on Canadian Cattle and beef on U.S. import demand elasticity using an error correction model (ECM). The results show that beef, pork, and live cattle were price...
Persistent link: https://www.econbiz.de/10005523009
An equilibrium displacement model is developed and used to estimate the welfare impacts of government and industry-funded promotion programs, country of origin labeling (COOL), and the disease-driven, international bans on U.S. beef. The model goes beyond past studies by including the U.S....
Persistent link: https://www.econbiz.de/10005476762
The objectives of this article were to determine: 1) students’ preferences for college course attributes; and 2) how the amount of course attribute information impacts enrollment. Results indicate students had the highest preferences for face-to-face (F2F) courses offered late morning and...
Persistent link: https://www.econbiz.de/10011142818
The nutritional impacts of rising food prices on urban households across income classes are assessed using the 2004 NBS urban household survey data for Jiangsu province of China. Empirical results from this study suggest that the across-the-board food price increase is expected to have a...
Persistent link: https://www.econbiz.de/10010875344
Past empirical evidence on supply response by size of farm in the U.S.A. provides no clear basis to conclude that supply elasticities vary systematically with farm size. In this paper, the central hypothesis that no systematic relationship exists between production response to price and size of...
Persistent link: https://www.econbiz.de/10010911544