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

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.


Issue Date:
1981-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22869
Published in:
Australian Journal of Agricultural Economics, Volume 25, Number 2
Page range:
123-133
Total Pages:
11




 Record created 2017-04-01, last modified 2017-08-24

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