Did StarLink Reduce Import Demand for Corn?
Gespeichert in:
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)
Online Zugang:
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| 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 | |
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| 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 | ||
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