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The Derived Demand For Imported Cheese In Hong Kong

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Author Info

  • Washington, Andrew A.
  • Kilmer, Richard L.

Abstract

The objective of this paper was to provide the U.S. dairy industry with empirical estimates of Hong Kong's derived demand for imported cheese differentiated by source country of production. These estimates were used to simulate the effects of European Union (EU) subsidy reductions on the U.S. share of Hong Kong cheese imports. Simulation results suggested that Oceania was the primary beneficiary from EU subsidy reductions. Hong Kong cheese imports from the U.S. were expected to increase by 12% if subsidy reductions continue at the same pace as the 1994 GATT agreement and 21% if reductions were twice the pace.

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File URL: http://purl.umn.edu/34575
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Bibliographic Info

Article provided by International Food and Agribusiness Management Association (IAMA) in its journal International Food and Agribusiness Management Review.

Volume (Year): 05 (2002)
Issue (Month): 01 ()
Pages:

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Handle: RePEc:ags:ifaamr:34575

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Related research

Keywords: Demand and Price Analysis; International Relations/Trade;

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References

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  1. Beach, Charles M & MacKinnon, James G, 1979. "Maximum Likelihood Estimation of Singular Equation Systems with Autoregressive Disturbances," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(2), pages 459-64, June.
  2. Green, Richard D. & Hassan, Zuhair A. & Johnson, Stanley R., 1978. "Maximum likelihood estimation of linear expenditure systems with serially correlated errors : An application," European Economic Review, Elsevier, vol. 11(2), pages 207-219, August.
  3. George C. Davis, 1997. "Product Aggregation Bias as a Specification Error in Demand Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(1), pages 100-109.
  4. William D. DOBSON, 1995. "Prospects For U.S. Dairy Exports," Staff Papers 382, University of Wisconsin Madison, AAE.
  5. 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.
  6. Terry L. Kastens & Gary W. Brester, 1996. "Model Selection and Forecasting Ability of Theory-Constrained Food Demand Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(2), pages 301-312.
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Cited by:
  1. Andreas P. Christou & Richard L. Kilmer & James A. Sterns & Shiferaw T. Feleke, 2005. "Derived demand for disaggregated cheese products imported into Japan," Agribusiness, John Wiley & Sons, Ltd., vol. 21(1), pages 1-16.
  2. Andrew Muhammad & Richard L. Kilmer, 2008. "The impact of EU export subsidy reductions on U.S. dairy exports," Agribusiness, John Wiley & Sons, Ltd., vol. 24(4), pages 557-574.
  3. Fabiosa, Jacinto F. & Ukhova, Yekaterina S., 2000. "New Aggregate And Source Specific Pork Import Demand Elasticity For Japan: Implications To U.S. Exports," 2000 Annual meeting, July 30-August 2, Tampa, FL 21743, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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