Competitiveness of U.S. Meats in Japan and South Korea: A Source Differentiated Market Study

Joao E. Mutondo and Shida Rastegari Henneberry

No 9713, 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The restricted source differentiated almost ideal demand system (RSDAIDS) is used to estimate the parameters of the Japanese and South Korean source differentiated meat demand models. Expenditure and own-price elasticities indicate that Japanese beef, Canadian and Danish pork, and Brazilian and Thai poultry have a competitive advantage in Japan. The BSE outbreak in Japan decreased the shares of Japanese and U.S. beef. Regarding South Korea, the results indicate that imported beef from the U.S. and Australia, Danish pork, and South Korean and Thai poultry have a competitive advantage. The U.S. BSE outbreak decreased the market shares of U.S. beef in the South Korean beef market.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 31
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea07:9713

DOI: 10.22004/ag.econ.9713

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