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Japanese Meat Import Demand Estimation With The Source Differentiated Aids Model

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Author Info

  • Yang, Seung-Ryong
  • Koo, Won W.

Abstract

A source differentiated AIDS model is specified to estimate Japanese meat import demand. Block separability and product aggregation are rejected at conventional levels of significance. The model with the block substitutability restriction explains more than 95% of data variation. The empirical results indicate that the U.S. has the largest potential for beef exports to Japan. Taiwan is in a strong position in the pork market, and Thailand and China are strong in the poultry market. The U.S. competes with Canada and Taiwan in the pork market, but the competition between Taiwan and European countries is the strongest in the market. The U.S. competes with Thailand in the poultry market, where the U.S. is the most vulnerable.

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File URL: http://purl.umn.edu/30760
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Bibliographic Info

Article provided by Western Agricultural Economics Association in its journal Journal of Agricultural and Resource Economics.

Volume (Year): 19 (1994)
Issue (Month): 02 (December)
Pages:

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Handle: RePEc:ags:jlaare:30760

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Web page: http://waeaonline.org/
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Related research

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

References

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  1. Weatherspoon, Dave D. & Seale, James L., Jr., 1995. "Do The Japanese Discriminate Against Australian Beef Imports?: Evidence From The Differential Approach," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(02), December.
  2. Edgerton, David L., 1993. "On The Estimation Of Separable Demand Models," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 18(02), December.
  3. LaFrance, Jeffrey T., 1991. "When Is Expenditure "Exogenous" In Separable Demand Models?," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(01), July.
  4. Hicks, J. R., 1986. "A Revision of Demand Theory," OUP Catalogue, Oxford University Press, number 9780198285502, Octomber.
  5. Hayes, Dermot J. & Wahl, Thomas I. & Williams, Gary W., 1990. "Testing Restrictions on a Model of Japanese Meat Demand," Staff General Research Papers 10940, Iowa State University, Department of Economics.
  6. Wahl, Thomas I. & Hayes, Dermot J. & Williams, Gary W., 1991. "Dynamic Adjustment in the Japanese Livestock Industry Under Beef Import Liberalization," Staff General Research Papers 474, Iowa State University, Department of Economics.
  7. Renato G. Pieri & Karl D. Meilke & T. Gordon MacAulay, 1977. "North American-Japanese Pork Trade: An Application Of Quadratic Programming," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 25(2), pages 61-79, 07.
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