Reef fish traded alive for table food are high value-to-volume products, with demand centred in Hong Kong and southern mainland China. Import demand functions for live reef food fish are estimated for Hong Kong, in aggregate and for individual fish species. Cross-price, income and population...

Several reasons justify the expectation of increasingly price elastic demand for dairy products. Using weekly scanner data, we find support for this hypotheses, but with wide variation in elasticity estimates across model specifications. The results demonstrate the need for more routine...

Factors unique to the turkey industry suggest that conclusions concerning market structure and demand specification drawn from aggregate poultry data cannot necessarily be extrapolated to the turkey industry. The Wu-Hausman endogeneity test is used to examine demand specifications and industry...

Changing consumer and market demands is an important driver behind the challenges and opportunities that are facing the agriculture and agri-food sector in Canada and that will influence the sector's profitability and competitiveness in the future. It is therefore important to understand...

This paper presents a comparative analysis of three different economic studies that played major roles in the policy debate over the Compact. It draws an important distinction between before-after and counterfactual impact analysis and highlights constraining assumptions in models. Over time the...

In an imperfectly competitive industry, differentiated products compete with each other with price rather than quantity as the strategic variable. Several previous studies have employed a generalized Nash Bertrand model: Liang (1989), Cotterill (1994), Cotterill, Putsis and Dhar (2000), and...

The integration of the Finnish meat market in the EU has important implications for domesticagricultural policy. Our aim is to estimate the characteristics of the Finnish pork and beef markets inrelation to those of Germany and Denmark. Our analysis uses symmetric and asymmetric thresholderror...

This study investigates the economic effects of external oil and food price shocks in thecontext of selected Asia and Pacific countries including Australia, New Zealand, SouthKorea, Singapore, Hong Kong, Taiwan, India and Thailand. The study is conducted withinthe framework of SVAR model using...

The goal of this study is to estimate how different price or quantity fixing contracts affectthe value of pig space unit in pig fattening. The value of pig space unit is estimated with astochastic dynamic programming algorithm. The model maximises the value of pig spaceunit by using four...

Cointegration of Canadian and U.S. livestock prices points to the existence of market integration in the period 1996:1 to 2004:12 even though the trade flows of livestock and beef products were non-existent for many months in 2003 and 2004 (suggesting market segmentation) due to livestock/beef...