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Economists have long considered issues of spatial economic activity, trade, and location values. Among all the various theories presented over the past century, it is safe to say that not one predicts that goods, services, or factors of production must attain the same value at different...
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Mathematical programming models, as typically formulated for international trade applications, may contain certain implied restrictions limiting price responsiveness, intermediate product flows, and arbitrage possibilities. These restrictions are especially important in the case of dairy, and...
Persistent link: https://www.econbiz.de/10009653762
Mathematical programming models, as typically formulated for international trade applications, may contain certain implied restrictions which lead to solutions which can be shown to be technically infeasible, or if feasible, then not actually an equilibrium. An alternative formulation is...
Persistent link: https://www.econbiz.de/10009653765
Quebec, Ontario and the Northeast U.S. are expected to be important players in Canada-U.S. dairy trade. This study explores two dairy trade scenarios between Quebec, Ontario and the Northeast U.S. In simulation I, the U.S. is allowed to unilaterally export yogurt and frozen desserts to Canada,...
Persistent link: https://www.econbiz.de/10009653788
A transshipment model of the Northeast dairy sector is developed to assess the potential for structural change in the manufacturing industry. It is detennined that the reduction of existing hard product processing capacity near metropolitan areas would diminish total costs. Industry-wide savings...
Persistent link: https://www.econbiz.de/10009653795
Natural disasters in the u.S. demonstrate the lack of and need for integrated disaster plans for the u.S. dairy industry. It is demonstrated how a spatial model of the Northeast dairy industry can be used to assess and analyze potential impacts of local and regional disasters on market levels in...
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