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This paper studies the impact of market power on international commodity prices. I use a standard oligopoly model and exploit historical variations in the structure of the international coffee bean market to assess the impact of a cartel treaty on coffee prices and its global welfare...
Persistent link: https://www.econbiz.de/10013039191
The average value of a particular class of agricultural exports varies widely across different destinations. This raises the question: in the event of a supply shock, such as the implementation of the Emissions Trading Scheme, can farmers offset higher costs by raising their average prices by...
Persistent link: https://www.econbiz.de/10010562432
Genetically modified (GM) soybean acreage has rapidly increased in the world in the past decade and globally the … Japanese Non-GM soybean import market. The U.S.-Japan partial equilibrium trade model incorporated the U.S. residual Non …-GM soybean supply for Japan, the Japanese residual demand for U.S. Non-GM soybeans, and the equilibrium condition, where the U …
Persistent link: https://www.econbiz.de/10009726731
Persistent link: https://www.econbiz.de/10011848457
Since the introduction of the news-based policy uncertainty measure, a few studies have looked at its impact on trade flows by using panel models and aggregate trade data. In this paper we consider the short-run and long-run response of 61 2-digit U.S. exporting industries to Korea and 49...
Persistent link: https://www.econbiz.de/10012795034
The paper analyzes the potential trade distortion effects of state trading enterprises (STEs) on soybean imports to …
Persistent link: https://www.econbiz.de/10009773079
The paper analyzes the potential trade distortion effects of state trading enterprises (STEs) on soybean imports to …
Persistent link: https://www.econbiz.de/10009713776
This paper deals with the quantification of GMO regulations on bilateral trade flows. A composite index of the ‘complexity' of such regulations for sixty countries as well as an ‘objective' score for six GMO regulatory sub-dimensions has been developed. Using a gravity model, we show how...
Persistent link: https://www.econbiz.de/10013116295
This paper studies the effects of the U.S. railroad expansion during the 19th century on exports of wine at the customs district level. I digitize previously unexploited data on wine trade flows for customs districts from 1870 to 1900 and combine these data with GIS-based measures of access to...
Persistent link: https://www.econbiz.de/10015433704
Persistent link: https://www.econbiz.de/10003384186