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

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Listed:
  • Costa, Rafael F.
  • Xia, Yan
  • Rosson, C. Parr, III

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.

Suggested Citation

  • Costa, Rafael F. & Xia, Yan & Rosson, C. Parr, III, 2007. "An Assessment of the Global Soybean Industry: An Application of Stochastic Equilibrium Displacement Model," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34953, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeasm:34953
    DOI: 10.22004/ag.econ.34953
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    References listed on IDEAS

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    1. Sergio H. Lence, 2000. "Comparative Marketing Analysis of Major Agricultural Products in the United States and Argentina, A," Midwest Agribusiness Trade Research and Information Center (MATRIC) Publications (archive only) 00-mrp2, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    2. Mattson, Jeremy W. & Sun, Changyou & Koo, Won W., 2004. "Analysis Of The World Oil Crops Market," Agribusiness & Applied Economics Report 23621, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. George C. Davis & Maria Cristina Espinoza, 1998. "A Unified Approach to Sensitivity Analysis in Equilibrium Displacement Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(4), pages 868-879.
    4. Matin Qaim & Greg Traxler, 2005. "Roundup Ready soybeans in Argentina: farm level and aggregate welfare effects," Agricultural Economics, International Association of Agricultural Economists, vol. 32(1), pages 73-86, January.
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