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The U.S. fruit and vegetable industry is labor intensive, pays higher wages than are paid in many other countries, and increasingly operates in a global economy. U.S. fruit and vegetable farms rely on seasonal workers who are likely to be unauthorized immigrants; any future immigration reform...
Persistent link: https://www.econbiz.de/10009652441
Error correction models impose few prior restrictions on dynamic model specification and allow the data to determine model structure. Despite this obvious advantage, few applications have adopted the error correction model to explain trade flows. An error correction model of cotton import demand...
Persistent link: https://www.econbiz.de/10004979764
The Heckscher-Ohlin and M!irkusen models state that countries export the goods intensive in the use of their relatively abundant factor. Latin American agricultural trade is consistent with both models. The paper then shows that Latin American agricultural trade is primarily explained by country...
Persistent link: https://www.econbiz.de/10010911399
Price and income elasticities for imports of US and Brazilian soyabeans by each of the eight major workd soyabean importers and the rest of the world were weighted by their shares of the respective soyabean markets and summed to approximate total price and income elasticities for US and...
Persistent link: https://www.econbiz.de/10011167847
This study investigates whether importers of U.S. wheat form an integrated market or a series of segmented markets. Two market integration tests are applied: one based on equilibrium price relationships and one based on disequilibrium price relationships. With the exception of a few importers,...
Persistent link: https://www.econbiz.de/10010916336
To better understand how information about potential health hazards influences food demand, this case study examines consumers’ responses to newspaper articles on avian influenza, informally referred to as bird flu. The focus here is on the response to bird flu information in Italy as news...
Persistent link: https://www.econbiz.de/10008474548