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An Assessment of the Global Soybean Industry: An Application of Stochastic Equilibrium Displacement Model

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Author Info
Costa, Rafael De F.
Xia, Yan
Rosson, Parr
Abstract

This study uses stochastic equilibrium displacement model (SEDM) to investigate the impact on the soybean and its joint products (soymeal and soyoil) sectors of different countries and regions from transportation cost reduction in Brazil incorporating assumptions of decrease in the U.S. loan deficiency payment.

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File URL: http://purl.umn.edu/34953
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Publisher Info
Paper provided by Southern Agricultural Economics Association in its series 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama with number 34953.

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Date of creation: 2007
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Handle: RePEc:ags:saeasm:34953

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Related research
Keywords: International Trade; Loan Deficiency Payment; Soybean; Soybean Joint Products; Stochastic Equilibrium Displacement Model; Transportation Costs; International Relations/Trade;

References listed on IDEAS
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  1. Lence, Sergio H., 2004. "A Comparative Marketing Analysis of Major Agricultural Products in the United States and Argentina," Staff General Research Papers 11420, Iowa State University, Department of Economics. [Downloadable!]
  2. Davis, George C & Espinoza, M Cristina, 2000. " A Unified Approach to Sensitivity Analysis in Equilibrium Displacement Models: Reply," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 82(1), pages 241-43, February. [Downloadable!] (restricted)
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