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The Impact of Domestic and Import Prices on U.S. Lamb Imports: A Production System Approach

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Author Info

  • Muhammad, Andrew
  • Jones, Keithly G.
  • Hahn, William F.

Abstract

As U.S. lamb imports increased relative to domestic production, and the relative share of chilled to frozen lamb imports increased, importers of chilled lamb have become less responsive to domestic and import prices, while the direct opposite is the case for frozen lamb imports. From 1990 to 2003, chilled lamb imports from Australia and New Zealand became less and less responsive to U.S. prices, and frozen imports became more responsive. Unconditional own-price elasticities also show that, over time, imports of chilled lamb became less responsive to import prices while frozen imports became more responsive to import prices.

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File URL: http://purl.umn.edu/44704
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Bibliographic Info

Article provided by Northeastern Agricultural and Resource Economics Association in its journal Agricultural and Resource Economics Review.

Volume (Year): 36 (2007)
Issue (Month): 2 (October)
Pages:

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Handle: RePEc:ags:arerjl:44704

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Web page: http://www.narea.org/
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Related research

Keywords: lamb; demand; imports; trade; import demand; production; International Relations/Trade;

References

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  1. Washington, Andrew A. & Kilmer, Richard L., 2002. "The Production Theory Approach To Import Demand Analysis: A Comparison Of The Rotterdam Model And The Differential Production Approach," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 34(03), December.
  2. Berndt, Ernst R & Savin, N Eugene, 1975. "Estimation and Hypothesis Testing in Singular Equation Systems with Autoregressive Disturbances," Econometrica, Econometric Society, vol. 43(5-6), pages 937-57, Sept.-Nov.
  3. Laitinen, Kenneth & Theil, Henri, 1978. "Supply and demand of the multiproduct firm," European Economic Review, Elsevier, vol. 11(2), pages 107-154, August.
  4. Jones, Keithly G. & Hahn, William F. & Davis, Christopher G., 2003. "Demand for U.S. Lamb and Mutton: A Two Stage Differential Approach," 2003 Annual meeting, July 27-30, Montreal, Canada 22122, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  5. Jones, Keithly G., 2004. "Trends in the U.S. Sheep Industry," Agricultural Information Bulletins 33681, United States Department of Agriculture, Economic Research Service.
  6. Davis, George C. & Jensen, Kimberly L., 1994. "Two-Stage Utility Maximization And Import Demand Systems Revisited: Limitations And An Alternative," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(02), December.
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Citations

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Cited by:
  1. Nzaku, Kilungu & Houston, Jack E. & Fonsah, Esendugue Greg, . "Analysis of U.S. Demand for Fresh Fruit and Vegetable Imports," Journal of Agribusiness, Agricultural Economics Association of Georgia.
  2. Nzaku, Kilungu & Houston, Jack E., 2009. "Dynamic Estimation of U.S. Demand for Fresh Vegetable Imports," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 52209, Agricultural and Applied Economics Association.
  3. Nzaku, Kilungu & Houston, Jack E. & Fonsah, Esendugue Greg, 2012. "A Dynamic Application of the AIDS Model to Import Demand for Tropical Fresh Fruits in the USA," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126721, International Association of Agricultural Economists.
  4. Muhammad, Andrew, 2008. "The Role of the Imports for Re-Exports Program in Determining Canadian Demand for Imported Cheese: Implications for U.S. Exports," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 8214, Southern Agricultural Economics Association.
  5. Muhammad, Andrew & Ngeleza, Guyslain K., 2009. "European Union preferential trade agreements with developing countries and their impact on Colombian and Kenyan carnation exports to the United Kingdom:," IFPRI discussion papers 862, International Food Policy Research Institute (IFPRI).
  6. Chen, Wei & Marchant, Mary A. & Muhammad, Andrew, 2010. "China’s Soybean Imports — Price Impacts using a Production System Approach," 2010 Annual Meeting, February 6-9, 2010, Orlando, Florida 56528, Southern Agricultural Economics Association.

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