An Assessment of the 1988 Japanese Beef Market Access Agreement on Beef and Feed-Grain Markets

Evert Van der Sluis and Dermot Hayes

Review of Agricultural Economics, 1991, vol. 13, issue 1, 45-58

Abstract: The impact of the 1988 Beef Market Access Agreement (BMAA) on beef and feed-grain markets in the United States, Australia, and Japan is analyzed. The method used is a nonspatial, three-commodity, three-country equilibrium model. The results indicate that the BMAA will increase U.S. beef exports, but will not significantly alter U.S. feed-grain prices. The U.S. market shares will increase as higher export demand causes Australian beef prices to rise. Australian beef exports to the United States should fall as Australia builds its breeding herd.

Date: 1991
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Working Paper: Assessment of the 1988 Japanese Beef Market Access Agreement on Beef and Feed-Grain Markets (An) (1991)
Working Paper: An Assessment of the 1988 Japanese Beef Market Access Agreement on Beef and Feed-grain Markets (1989)
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