Impact of potential dairy-beef production on China's beef supply, demand and international trade

Dong Wang, Kevin A. Parton and Claus Deblitz

Australasian Agribusiness Review, 2008, vol. 16

Abstract: 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.

Keywords: Agribusiness; Agricultural and Food Policy; Demand and Price Analysis; Farm Management; Food Security and Poverty; International Relations/Trade; Livestock Production/Industries; Marketing; Production Economics; Research Methods/Statistical Methods (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:auagre:125734

DOI: 10.22004/ag.econ.125734

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