ESTIMATING THE IMPACT OF BEEF IMPORT RESTRICTIONS IN THE US IMPORT MARKET

Robert Chambers (), Richard Just, L. Joe Moffitt and Andrew Schmitz

Australian Journal of Agricultural Economics, 1981, vol. 25, issue 2, 11

Abstract: A beef import model is specified and estimated using disequilibrium econometrics. The statistical significance of the model suggests that disequilibrium has historically existed in the US beef import market. Surplus analysis based on the disequilibrium framework indicates that a welfare loss has been incurred as a result of the quota and associated voluntary restraint programmes that have existed in that market.

Keywords: International Relations/Trade; Marketing (search for similar items in EconPapers)
Date: 1981
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22869

DOI: 10.22004/ag.econ.22869

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