Monthly observations on prices from 10 weight/gender classifications of Nebraska beef cattle are studied in an error correction model (ECM) framework. This study attempts a replication of the 2003 paper on Texas prices by Bessler and Davis, where they find medium heifers (600–700 lb) at...

This paper aims to provide a flexible methodological framework to estimate import demandmodels, which explicitly considers the stochastic properties of data and the endogenous/exogenousnature of some variables. The French imports of virgin olive oil have been used as a case study withSpain,...

A simple but new theoretical approach is used to analyse ex-ante the impact of tariff reduction. Thismethodology is based on the assumption of a constant price relation between each direct substitutableproduct. No elasticities are needed, but accurate import and domestic prices of the most...

The threshold autoregressive (TAR) model by Enders and Granger (1998) and Enders and Siklos (2001) is a popular econometric model that estimates asymmetric price transmission (APT) with non-stationary time series data. However, empirical studies have not considered much the arbitrariness of...

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Record-high U.S. strawberry production in 1993 and another large crop anticipated in 1994 continue the growth trend that began in the 1970's. California produced nearly 80 percent of the U.S. crop on less than half of the strawberry acreage due to higher output per acre than other States. Grower...

Origin matters. This has been shown by numerous studies using either discrete choice or hedonic approaches to derive implicit prices for origin as a product attribute. In most of the hedonic studies, intercept dummies were introduced for specific regional origins and statistically significant...

This statistical reference summarizes current and historical data on U.S. foreign trade in agricultural products. Tables highlight commodity and country information, including values, quantities, principal markets for agricultural exports, and import sources.

Rising foreign production, falling prices, and shrinking volume pushed down U.S. agricultural exports 17 percent in value during the first 11 months of fiscal year (FY) 1985 (October1984-August 1985) to $29. 3 billion from $35.1 billion a year earller. Unfavorable weather conditions and higher...

The value of fiscal year (FY) 1985 farm exports declined 18 percent, as larger world Increased demand, unfavorable weather, supplies reduced prices and U.S. export volumes. and higher prices in the United States boosted the value of U.S. agricultural imports to Bumper a record high of $19.7...