Impact of potential dairy-beef production on China's beef supply, demand and international trade
In the past China has been self-sufficient in beef products, but, with a dramatic increase in consumer spending on food, demand for beef, which is seen as a novel and nutritious food, has grown. By employing a partial equilibrium model and sensitivity analysis under different scenarios, this study found that an expanded dairy-beef industry would reduce the beef deficit that arises, from 2008 onwards. The additional dairy-beef production would reduce the price of beef, and reduce, although not fill, the projected gap of 50 000 tonnes per year. Without dairy-beef, China will have a significant beef shortage.
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- Ronnie O'Toole & Alan Matthews, 2002. "The IMAGE CGE Model: Understanding the Model Structure, Code and Solution Methods," Trinity Economics Papers 20029, Trinity College Dublin, Department of Economics.
- Ian Shaw & John Shaffer & V. Premakumar, 1997. "Policy and Forecasting Models for the Chinese, South Korean, Australian, and European Union Meat Sectors," Food and Agricultural Policy Research Institute (FAPRI) Publications 97-tr35, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
- Ian Shaw & John Shaffer & V. Premakumar, 1997. "Policy and Forecasting Models for the Chinese, South Korean, Australian, and European Union Meat Sectors," Center for Agricultural and Rural Development (CARD) Publications 97-tr35, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Randal R. Rucker & Oscar R. Burt & Jeffrey T. LaFrance, 1984. "An Econometric Model of Cattle Inventories," Monash Economics Working Papers archive-25, Monash University, Department of Economics.
- John D. Schmitz, 1997. "Dynamics of Beef Cow Herd Size: An Inventory Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 532-542.
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