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on Agricultural Economics |
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Issue of 2005‒02‒01
thirteen papers chosen by |
| By: | Eileen Brooks |
| Abstract: | Should exporters worry about country-of-origin bias? Although the pervasiveness of country-level product advertising suggests that they do, lack of data has limited the empirical study of subjective bias toward products from a specific country. Using data from the U.S. wine industry, including numerical blind tasting evaluations, this paper directly computes the impact of country-of-origin bias upon wine import prices. A hedonic pricing framework is used to control for vintage, blind-tasted quality, varietals, production costs and quantities. Cross-country comparisons of price residuals suggest that "Product of Italy" on the label can raise the price of a bottle by more than fifty percent. |
| Keywords: | International trade, hedonic pricing, wine, |
| Date: | 2003–06–01 |
| URL: | http://d.repec.org/n?u=RePEc:cdl:ucscec:1035&r=agr |
| By: | Aksoy, M. Ataman; Beghin, John C. |
| Abstract: | Global Agricultural Trade and Developing Countries explores the outstanding issues in global agricultural trade policy and evolving world production and trade patterns. This book presents research findings based on a series of commodity studies of significant economic importance to developing countries. Setting the stage with background chapters and investigations of cross-cutting issues, the authors describe trade and domestic policy regimes affecting agricultural and food markets and analyze product standards and compliance costs and their effects on agricultural and food trade. They then examine the impact and effectiveness of preferences and review the evidence on attempts to decouple agricultural support from agricultural output. Finally, they assess the potential gains from global liberalization in agricultural and food markets, and their sensitivity to various assumptions. Within this broad context of global agricultural policies and reforms, the authors then present detailed studies of commodity markets that feature distorted policy regimes among industrial and developing countries or that are important contributors to exports of developing countries. The commodities analyzed are sugar, dairy, rice, wheat, groundnuts, fruits and vegetables, cotton, seafood, and coffee. These commodity studies analyze current policy regimes in key producing and consuming countries, document the magnitude of these distortions, and estimate the distributional impacts—winners and losers—of trade and domestic policy reforms as well as their impact on trade flows and production location. Global Agricultural Trade and Developing Countries will aid policymakers and researchers in approaching global negotiations and in evaluating domestic policies on agriculture. This book compliments the findings of Agriculture and the WTO: Creating a Trading System for Development. |
| Date: | 2005–01–21 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:12228&r=agr |
| By: | van der Mensbrugghe, Dominique; Beghin, John C. |
| Abstract: | Global Agricultural Trade and Developing Countries explores the outstanding issues in global agricultural trade policy and evolving world production and trade patterns. This book presents research findings based on a series of commodity studies of significant economic importance to developing countries. Setting the stage with background chapters and investigations of cross-cutting issues, the authors describe trade and domestic policy regimes affecting agricultural and food markets and analyze product standards and compliance costs and their effects on agricultural and food trade. They then examine the impact and effectiveness of preferences and review the evidence on attempts to decouple agricultural support from agricultural output. Finally, they assess the potential gains from global liberalization in agricultural and food markets, and their sensitivity to various assumptions. Within this broad context of global agricultural policies and reforms, the authors then present detailed studies of commodity markets that feature distorted policy regimes among industrial and developing countries or that are important contributors to exports of developing countries. The commodities analyzed are sugar, dairy, rice, wheat, groundnuts, fruits and vegetables, cotton, seafood, and coffee. These commodity studies analyze current policy regimes in key producing and consuming countries, document the magnitude of these distortions, and estimate the distributional impacts—winners and losers—of trade and domestic policy reforms as well as their impact on trade flows and production location. Global Agricultural Trade and Developing Countries will aid policymakers and researchers in approaching global negotiations and in evaluating domestic policies on agriculture. This book compliments the findings of Agriculture and the WTO: Creating a Trading System for Development. |
| Date: | 2005–01–21 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:12230&r=agr |
| By: | Diop, Ndiame; Beghin, John C.; Sewadah, Mirvat |
| Abstract: | Global Agricultural Trade and Developing Countries explores the outstanding issues in global agricultural trade policy and evolving world production and trade patterns. This book presents research findings based on a series of commodity studies of significant economic importance to developing countries. Setting the stage with background chapters and investigations of cross-cutting issues, the authors describe trade and domestic policy regimes affecting agricultural and food markets and analyze product standards and compliance costs and their effects on agricultural and food trade. They then examine the impact and effectiveness of preferences and review the evidence on attempts to decouple agricultural support from agricultural output. Finally, they assess the potential gains from global liberalization in agricultural and food markets, and their sensitivity to various assumptions. Within this broad context of global agricultural policies and reforms, the authors then present detailed studies of commodity markets that feature distorted policy regimes among industrial and developing countries or that are important contributors to exports of developing countries. The commodities analyzed are sugar, dairy, rice, wheat, groundnuts, fruits and vegetables, cotton, seafood, and coffee. These commodity studies analyze current policy regimes in key producing and consuming countries, document the magnitude of these distortions, and estimate the distributional impacts—winners and losers—of trade and domestic policy reforms as well as their impact on trade flows and production location. Global Agricultural Trade and Developing Countries will aid policymakers and researchers in approaching global negotiations and in evaluating domestic policies on agriculture. This book compliments the findings of Agriculture and the WTO: Creating a Trading System for Development. |
| Date: | 2005–01–21 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:12231&r=agr |
| By: | Beghin, John C.; Sumner, Daniel A. |
| Abstract: | This special issue of the Journal presents fifteen research papers on domestic and trade policies affecting dairy markets. The issue organizes the papers by geographical area. Subsections include articles on U.S. policy, EU policy, Canadian policy and, other countries' policy. A final section is devoted to global modeling perspective and multilateral policy reform. Initial papers in the first 3 sections provide some policy description for the respective country or region that is used in the other papers. |
| JEL: | F1 |
| Date: | 2005–01–21 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:12233&r=agr |
| By: | Babcock, Bruce A.; Fabiosa, Jacinto F.; Matthey, Holger; Isik, Murat; Tokgoz, Simla; Elobeid, Amani; Hart, Chad; Fuller, Frank H.; Meyer, Seth |
| Abstract: | The Uruguay Round Agreement on Agriculture (URAA) provided a continuing mandate for progressive reforms to liberalize world agricultural markets. A new round of negotiation was put into motion in early 2000 and later formalized in what is now called the Doha Round. The Doha Round negotiation follows the same principle laid out in the URAA, with the introduction of three reform anchors: market access, export competition, and reduction of domestic support. This paper specifies the new schedule of commitments for each member country under the proposed modalities and assesses the potential market impacts of these changes for world agricultural markets. We specifically focus on grains, oilseeds, sugar, cotton, livestock, poultry, and dairy markets. |
| Date: | 2003–06–17 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:10570&r=agr |
| By: | May, Gary; Edwards, William M.; Lawrence, John D. |
| Date: | 2003–07–03 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:10654&r=agr |
| By: | Swenson, David A.; Eathington, Liesl |
| Abstract: | This research is designed to produce benchmark statistics for regional economic development strategies and policies. By identifying 35 functional economic regions in Iowa, and further detailing their respective economic strengths, weaknesses, similarities, and dissimilarities, the opportunity for better and more focused economic development policy at the local and the state level emerges. This report explains the criteria used for identifying and ranking Iowa’s 35 largest regional economies, and it introduces the reader to statistics that allow us to compare and contrast regions with each other. Measures include job growth, average earnings, industrial composition, and population change. One of the benchmark indicators will involve measuring the degrees of alignment that the regions have with the state’s targeted industry cluster strategies. By broad category – life sciences, advanced manufacturing, and information services – we will statistically compare each region so that its relative targeted industry strengths and weaknesses can be explored. |
| Date: | 2003–10–09 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:10761&r=agr |
| By: | Ginder, Roger |
| Abstract: | Biotech grains hold great promise for both producers and consumers but a thorough understanding of the value chain will be vitally important in realizing that potential. Biotech grains with input traits not approved for all uses can pose a serious problem for the grain handling and processing industry as they move through the value chain. This problem occurs because there is no premium to cover added costs of segregation and handling input trait grains after harvest. In the case of Starlink the manufacturer is currently providing a defacto premium to producers and elevators to make the channeling effort effective. Output trait grains not approved for all uses may also create a problem if due care is not used. However the existence of a premium over the market price for commodity grain provides a positive incentive to create a separate and distinct logistics channel for these products. Experience with Starlink indicates that attempting to channel a product that is not acceptable for all uses without a premium can inflict significant uncompensated costs on the output side of the value chain. These costs may include market discounts and are typically incurred by firms who do not receive any meaningful gain from the sale of the trait. |
| Date: | 2004–03–04 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:11480&r=agr |
| By: | Fuller, Frank H.; Beghin, John C.; Hu, Dinghuan; Rozelle, Scott |
| Abstract: | This report documents data and other information gathered from a survey of urban households in Beijing, Shanghai, and Guangzhou, China. The survey was conducted as part of a research project aimed at understanding the evolution of dairy markets in Asia and the implications for dairy product trade. The survey data provide insights into the purchasing behavior and attitudes of urban consumers in China with respect to dairy products. The report describes the survey and collection process, summarizes selected data from the survey, and provides anecdotal information about the development of dairy production, processing, and product marketing in China. Keywords: China, dairy products, demand, production, supply chain, survey data. |
| Date: | 2004–09–02 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:12034&r=agr |
| By: | Swenson, David A. |
| Abstract: | Community development officials, highly mindful of the composition of their local economies, work hard to attract new investment in their communities. Many dedicate significant resources to help revitalize or expand their economies. While they often target their efforts toward manufacturing and service industries to expand local employment, communities are also very interested in maintaining their retail trade sectors. A new mall has been proposed for the Ames area, and there are questions about the potential economic impact of new trade capacity in the area. This report describes how retail trade produces economic impacts for a community. |
| Date: | 2005–01–19 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:12225&r=agr |
| By: | Swenson, David A. |
| Abstract: | There are several ethanol plants in Iowa and several that are either planned or already under construction. This report assesses the regional economic effects that should accrue to a hypothetical Iowa county from the construction and operation of an ethanol processing plant. This economic assessment takes pains to make sure that the analysis does not double count economic activity in the agriculture commodity producing sector. |
| Date: | 2005–01–20 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:12226&r=agr |
| By: | Claudio Bravo-Ortega; Daniel Lederman |
| Abstract: | Calculations of marginal welfare effects suggest that agricultural development has had important positive effects on national welfare, especially in developing countries. Latin American and Caribbean countries have also benefited from agricultural growth, but nonagricultural production has had marginal welfare effects that are greater in magnitude than those provided by agricultural activities. In contrast, the industrialized, high-income countries experienced marginal welfare gains from nonagricultural activities that are much greater than those derived from agriculture, whose impact is actually negative. These calculations of marginal welfare effects across regions depend on econometric estimates of elasticities linking agricultural and nonagricultural economic activities to four elements in a national welfare function: national GDP per capita, average income of the poorest households within countries, environmental outcomes concerning air and water pollution and deforestation, and macroeconomic volatility. The econometric analyses are motivated by theoretical treatments of key issues. The empirical models are estimated with various econometric techniques that deal with issues of causality and international heterogeneity. This paper—a product of the Office of the Chief Economist, Latin America and the Caribbean Region—is part of a larger effort in the region to study the rural contribution to development. |
| Keywords: | Agriculture; Environment; Macroecon & Growth; Poverty; Rural Development |
| Date: | 2005–01–24 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:3499&r=agr |