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Japanese Import Demand For Us Beef And Pork: Effects On Us Red Meat Exports And Livestock Prices

Author

Listed:
  • Miljkovic, Dragan
  • Marsh, John M.
  • Brester, Gary W.

Abstract

This paper was presented at the INTERNATIONAL TRADE IN LIVESTOCK PRODUCTS SYMPOSIUM in Auckland, New Zealand, January 18-19, 2001. The Symposium was sponsored by: the International Agricultural Trade Research Consortium, the Venture Trust, Massey University, New Zealand, and the Centre for Applied Economics and Policy Studies, Massey University. Dietary changes, especially in developing countries, are driving a massive increase in demand for livestock products. The objective of this symposium was to examine the consequences of this phenomenon, which some have even called a "revolution." How are dietary patterns changing, and can increased demands for livestock products be satisfied from domestic resources? If so, at what cost? What will be the flow-on impacts, for example, in terms of increased demands for feedgrains and the pressures for change within marketing systems? A supply-side response has been the continued development of large-scale, urban-based industrial livestock production systems that in many cases give rise to environmental concerns. If additional imports seem required, where will they originate and what about food security in the importing regions? How might market access conditions be re-negotiated to make increased imports achievable? Other important issues discussed involved food safety, animal health and welfare and the adoption of biotechnology, and their interactions with the negotiation of reforms to domestic and trade policies. Individual papers from this conference are available on AgEcon Search. If you would like to see the complete agenda and set of papers from this conference, please visit the IATRC Symposium web page at: http://www1.umn.edu/iatrc.intro.htm

Suggested Citation

  • Miljkovic, Dragan & Marsh, John M. & Brester, Gary W., 2001. "Japanese Import Demand For Us Beef And Pork: Effects On Us Red Meat Exports And Livestock Prices," 2001: International Trade in Livestock Products Symposium, January 2001, Auckland, New Zealand 14545, International Agricultural Trade Research Consortium.
  • Handle: RePEc:ags:iatr01:14545
    DOI: 10.22004/ag.econ.14545
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    File URL: http://ageconsearch.umn.edu/record/14545/files/cp01mi02.pdf
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    References listed on IDEAS

    as
    1. Brester, Gary W. & Wohlgenant, Michael K., 1997. "Impacts Of Gatt/Uruguay Round Trade Negotiations On U.S. Beef And Cattle Prices," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(1), pages 1-12, July.
    2. Kenen, Peter B & Rodrik, Dani, 1986. "Measuring and Analyzing the Effects of Short-term Volatility in Real Exchange Rates," The Review of Economics and Statistics, MIT Press, vol. 68(2), pages 311-315, May.
    3. Capps, Oral, Jr. & Tsai, Reyfong & Kirby, Raymond & Williams, Gary W., 1994. "A Comparison Of Demands For Meat Products In The Pacific Rim Region," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(1), pages 1-15, July.
    4. Cushman, David O., 1988. "U.S. bilateral trade flows and exchange risk during the floating period," Journal of International Economics, Elsevier, vol. 24(3-4), pages 317-330, May.
    5. Ianchovichina, Elena & Hertel, Thomas W., 1999. "The East Asian Economic Crisis: It's Not All Bad News," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 14(2), pages 1-4.
    6. Dermot J. Hayes & Thomas I. Wahl & Gary W. Williams, 1990. "Testing Restrictions on a Model of Japanese Meat Demand," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(3), pages 556-566.
    7. Brester, Gary W. & Marsh, John M., 1998. "Impacts Of The Uruguay Round Trade Agreement On U.S. Beef And Cattle Prices," Policy Issues Papers 29169, Montana State University, Department of Agricultural Economics and Economics, Trade Research Center.
    8. Purcell, Wayne D., 1989. "The Case of Beef Demand: A Failure by the Discipline," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 4(2), pages 1-4.
    9. Thursby, Jerry G & Thursby, Marie C, 1987. "Bilateral Trade Flows, the Linder Hypothesis, and Exchange Risk," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 488-495, August.
    10. Keith E. Maskus, 1986. "Exchange rate risk and U.S. trade: a sectoral analysis," Economic Review, Federal Reserve Bank of Kansas City, issue mar, pages 16-28.
    11. Bahmani-Oskooee, Mohsen & Ltaifa, Nabil, 1992. "Effects of exchange rate risk on exports: crosscountry analysis," World Development, Elsevier, vol. 20(8), pages 1173-1181, August.
    12. Daniel H. Pick, 1990. "Exchange Rate Risk and U.S. Agricultural Trade Flows," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(3), pages 694-700.
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    Citations

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    Cited by:

    1. Jin, Y. & Jin, S., 2018. "The Heterogeneous Impact of Exchange Rate Volatility on Agricultural Export: Evidence from Chinese Food Firm-level Data," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277197, International Association of Agricultural Economists.
    2. Miljkovic, Dragan & Marsh, John M. & Brester, Gary W., 2004. "Effects of Japanese Import Demand on U.S. Livestock Prices: Reply," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 36(1), pages 257-260, April.
    3. Miljkovic, Dragan & Jin, Hyun, 2006. "Import Demand for Quality in the Japanese Beef Market," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(2), pages 276-284, October.
    4. Panagiotou, Dimitrios & Stavrakoudis, Athanassios, 2018. "A stochastic frontier analysis approach for estimating market power in the major U.S. meat export markets," MPRA Paper 96128, University Library of Munich, Germany.
    5. repec:zbw:iamodp:269555 is not listed on IDEAS
    6. Perekhozhuk, Oleksandr & Glauben, Thomas, 2017. "Russian food and agricultural import ban: The impact on the domestic market for cattle, pork and poultry," IAMO Discussion Papers 269555, Institute of Agricultural Development in Transition Economies (IAMO).
    7. Nogueira, Lia & Chouinard, Hayley H., 2006. "The Effects of Reducing Sanitary and Phytosanitary (SPS) Barriers to Trade on the Washington State Apple Industry," 2006 Annual meeting, July 23-26, Long Beach, CA 21433, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Keywords

    Demand and Price Analysis; International Relations/Trade;

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models

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