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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 Rotterdam model is used to estimate U.S. source-differentiated meat demand. Price and expenditure elasticities indicate that U.S. grain-fed beef and U.S. pork have a competitive advantage in the U.S. beef and pork markets, respectively. Expenditure elasticities reveal that beef from Canada...
Persistent link: https://www.econbiz.de/10005484289
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