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Asia is the second largest market for the Canadian agri-food exports after the United States market. The competition in Asia has become more intensive in recent years as the agri-food sector in developed nations such as Australia, Canada, Europe, and the United States has increasingly relied on...
Persistent link: https://www.econbiz.de/10004979583
This paper derives a set of linear and nonlinear restrictions to make a n-goods linear AIDS symmetric when all prices are allowed to vary. When prices are scaled by their means, the conventional restrictions are sufficient to make the linear AIDS symmetric at mean. This indicates an additional...
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Using the fact that separate markets exist for used and unused quota, this paper derives a formula to compute the marginal cost of the milk production using a competitive dynamic optimization model. It is showed that, under a perfect competitive quota market, the difference between unused quota...
Persistent link: https://www.econbiz.de/10009443919
Generic income stabilization schemes, which resemble an actual NISA policy adopted recently in Canada, encourage farmers to set aside funds in high income year for use in low income years through a formal procedure. Their economic effects are investigated using the prudent farm household model....
Persistent link: https://www.econbiz.de/10010880003
Using panel data from Illinois grain farmers, a direct test of the relationship between income risk and farm consumption behavior is conducted. The estimation results indicate that income risk significantly affects farm consumption and the results are robust using alternative risk measures. This...
Persistent link: https://www.econbiz.de/10011069249
Economic reforms and rapid economic growth in the past twenty years have encouraged increased imports of foreign agricultural products into China. While becoming a potential market for agri-food exporters, China has also grown into a major competitor in international agri-food markets,...
Persistent link: https://www.econbiz.de/10009445768
This paper reports on a study examining the ranking of selected attributes of fresh pork by Asian-origin consumers in San Francisco, California. Freshness is ranked as the most important attribute, followed by the attributes of the color of meat, lowness in fat, and the whiteness of fat. The...
Persistent link: https://www.econbiz.de/10009446895