Did StarLink Reduce Import Demand for Corn?

Verfasser / Beitragende:
[Troy G. Schmitz, Andrew Schmitz, Charles B. Moss]
Ort, Verlag, Jahr:
2004
Enthalten in:
Journal of Agricultural & Food Industrial Organization, 2/2(2004-05-06)
Format:
Artikel (online)
ID: 378906216
LEADER caa a22 4500
001 378906216
003 CHVBK
005 20180305123530.0
007 cr unu---uuuuu
008 161128e20040506xx s 000 0 eng
024 7 0 |a 10.2202/1542-0485.1067  |2 doi 
035 |a (NATIONALLICENCE)gruyter-10.2202/1542-0485.1067 
245 0 0 |a Did StarLink Reduce Import Demand for Corn?  |h [Elektronische Daten]  |c [Troy G. Schmitz, Andrew Schmitz, Charles B. Moss] 
520 3 |a This study estimates the impact of reduced demand for U.S. corn during the 2000/01 marketing year caused by the StarLink-contamination event in the year 2000. A partial equilibrium model is constructed that separates both the domestic and foreign demand functions for corn into food and non-food demand curves. The complexities arising from the Loan Deficiency Payment (LDP) Program are also incorporated. The empirical results indicate that the reduction in Japanese corn demand alone would have reduced the average price received by U.S. corn producers in 2000/01 by between U.S. 4.17¢ to U.S. 5.18¢ per bushel if LDP payments did not partially offset the market impact. However, after adjusting for LDP payments, the average price received by U.S. corn producers dropped by only between U.S. $0.50¢ and U.S. 0.83¢ per bushel over the 2000/01 marketing year. This translates into a loss in revenue of between U.S. $48 and U.S. $78 million. 
540 |a ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston 
690 7 |a Biotechnology  |2 nationallicence 
690 7 |a grain trade  |2 nationallicence 
690 7 |a biotechnology  |2 nationallicence 
690 7 |a corn demand  |2 nationallicence 
690 7 |a StarLink  |2 nationallicence 
700 1 |a Schmitz  |D Troy G.  |u Arizona State University  |4 aut 
700 1 |a Schmitz  |D Andrew  |u University of Florida  |4 aut 
700 1 |a Moss  |D Charles B.  |u University of Florida  |4 aut 
773 0 |t Journal of Agricultural & Food Industrial Organization  |d De Gruyter  |g 2/2(2004-05-06)  |q 2:2  |1 2004  |2 2  |o jafio 
856 4 0 |u https://doi.org/10.2202/1542-0485.1067  |q text/html  |z Onlinezugriff via DOI 
908 |D 1  |a research article  |2 jats 
950 |B NATIONALLICENCE  |P 856  |E 40  |u https://doi.org/10.2202/1542-0485.1067  |q text/html  |z Onlinezugriff via DOI 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Schmitz  |D Troy G.  |u Arizona State University  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Schmitz  |D Andrew  |u University of Florida  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Moss  |D Charles B.  |u University of Florida  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Journal of Agricultural & Food Industrial Organization  |d De Gruyter  |g 2/2(2004-05-06)  |q 2:2  |1 2004  |2 2  |o jafio 
900 7 |b CC0  |u http://creativecommons.org/publicdomain/zero/1.0  |2 nationallicence 
898 |a BK010053  |b XK010053  |c XK010000 
949 |B NATIONALLICENCE  |F NATIONALLICENCE  |b NL-gruyter