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Export demand functions for U.S. wheat were estimated for five world regions. Estimates of the effects of income, price, and nonprice variables on U.S. wheat exports were obtained using various econometric procedures. The major finding of the paper indicates that exchange rate changes have had a...
Persistent link: https://www.econbiz.de/10005522799
This paper describes the extent and characteristics of differentiation in the international wheat market. Results indicate that the degree of differentiation has increased in the last 15 years. A hedonic price function is specified and estimated to examine implicit prices for characteristics and...
Persistent link: https://www.econbiz.de/10005480881
A structural model of the spring onion economy is developed to analyze forces affecting the onion-producing sector in Texas. Spring onion prices in Texas are influenced by own shipments, shipments from storage stocks, and variety. Texas's decline in market share is largely the result of expanded...
Persistent link: https://www.econbiz.de/10005804138
The separability hypothesis and expenditure as an exogenous variable in a system of conditional demands are analyzed. Expenditure cannot be weakly exogenous in a system of conditional demands specified as functions of the prices of the separable goods and total expenditure on those goods....
Persistent link: https://www.econbiz.de/10005522744
Increased consumer health concerns over ingestion of animal fats have spawned consumer research regarding effects of different degrees of leanness (marbling levels) on consumer demand. Previous research is reviewed and a recent multi-city consumer panel test is reported. Implications of the...
Persistent link: https://www.econbiz.de/10005522752
Raw product prices for many processed fruits and vegetables are determined in part as an outcome of negotiations between processors and farmer bargaining associations. In such cases, unique market equilibrium solutions may not exist. This study develops a framework for price prediction under...
Persistent link: https://www.econbiz.de/10005522762
Comparative analysis of food demand expansion of a cash program, as compared to the food stamp program, is important for measuring trade-offs between goals of raising farm income and increasing food expenditures of the poor. A theoretical basis for assessing food demand impacts under each...
Persistent link: https://www.econbiz.de/10005522772
Beef-cow inventory demand is considered in a disequilibrium model of the U.S. live non-fed cattle market. Statistical results indicated the possible presence of disequilibrium prices. However, post-model evaluation indicated that the market for non-fed cattle has not been characterized by...
Persistent link: https://www.econbiz.de/10005522778
Feeder cattle prices are determined by the interaction of many factors. This study uses 1986 and 1987 Kansas feeder cattle auction data to investigate the impact of a wide variety of physical characteristics, many of which have not been used in previous studies on feeder cattle prices. Unlike...
Persistent link: https://www.econbiz.de/10005522787
The dynamic relationship between four regional cash prices for fed (slaughter) cattle is investigated using time series analysis and causality tests. The results indicate that price adjustments to new information take about one week. Texas Panhandle price also was determined to dominate the...
Persistent link: https://www.econbiz.de/10005522791