This paper uses a nonparametric approach for testing whether there is a structural change in the meat demand of Japanese consumers due to the BSE (mad-cow disease) outbreak in the country. The axiom of revealed preference is utilized to test the stability of preference in Japanese meat...

The world of oilseeds, meals, and oils has been evolving. New issues have emerged for researchers and policymakers. The United States is still the largest player, mainly due to its dominant position in soybeans and soybean meals. Nevertheless, the position of the United States has been...

Productivity spillovers in the U.S. food processing industry resulting from inward foreign direct investment (FDI) were examined for the time period of 1988 to 1992. Both Caves-type (unidirectional) and simultaneous (bidirectional) spillover models were considered in the analysis. Using the...

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...

Intra-industry trade (IIT) in the U.S. food processing industry is evaluated in this study. The IIT index is disentangled into horizontal and vertical components and evaluated at 6-digit HTS product levels. The degree of IIT varies across different trading partners and sub-industries, and, for...

In recent years, China's booming economy has resulted in a rapid growth of its roundwood consumption. China has become the largest roundwood importer worldwide, with annual spending on imports over $10billion and the share in total world exports up to 38%. In this study, a Rotterdam demand...

In the United States, the majority of publicly traded and vertically integrated forest firms with both manufacturing facilities and timberland holdings have either sold their timberlands to private investors, or converted their corporate structure into Real Estate Investment Trusts (REITs). In...