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The Resource An econometric model of Japanese meat markets, by Wyatt W. Thompson, (electronic resource)

An econometric model of Japanese meat markets, by Wyatt W. Thompson, (electronic resource)

Label
An econometric model of Japanese meat markets
Title
An econometric model of Japanese meat markets
Statement of responsibility
by Wyatt W. Thompson
Creator
Subject
Genre
Language
eng
Summary
This paper introduces the reader to the current state of markets and policies in Japan, reviews previous econometric models covering individual or multiple Japanese beef, pork, and poultry markets, develops the underlying theory, and presents such a model. The individual equations are presented in detail, the models simulated individually and together over the sample period, and the system's response to exogenous variables tested through impact multipliers. The retail demand is specified as an Almost Ideal Demand System with endogenous group expenditure a function of its own-price, as represented by the non-linear AIDS price term. As mandated by recent literature, the AIDS and group expenditure are estimated together. Furthermore, to understand the empirical implications of estimating group expenditure, appropriate Marshallian elasticities are computed and compared to those of the AIDS alone. The final system provides the reader with an update of those past studies, applying recent market and policy events to the structure and estimates, re-structuring to better use existing data, and evaluating some links between these and other markets. This is used to construct a baseline through 2000 for comparison against two scenarios with varying assumptions for key macroeconomic variables. This analysis shows the response of these markets to different macroeconomic assumptions as dictated by the economic incentives, biological constraints, and policies. The system can be applied in the future to other similar baseline versus scenario comparison work
Cataloging source
MUU
http://library.link/vocab/creatorName
Thompson, Wyatt
Dissertation note
Thesis (Ph. D.)--University of Missouri-Columbia, 1998.
Government publication
government publication of a state province territory dependency etc
Illustrations
illustrations
Index
no index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Markets
  • Meat industry and trade
  • Meat industry and trade
  • Japan
Target audience
specialized
Label
An econometric model of Japanese meat markets, by Wyatt W. Thompson, (electronic resource)
Instantiates
Publication
Note
  • Typescript
  • Vita
Bibliography note
Includes bibliographical references (leaves 169-172)
Dimensions
unknown
Extent
1 online resource (vii, 264 leaves)
Form of item
online
Other physical details
ill.
Specific material designation
remote
Label
An econometric model of Japanese meat markets, by Wyatt W. Thompson, (electronic resource)
Publication
Note
  • Typescript
  • Vita
Bibliography note
Includes bibliographical references (leaves 169-172)
Dimensions
unknown
Extent
1 online resource (vii, 264 leaves)
Form of item
online
Other physical details
ill.
Specific material designation
remote

Library Locations

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      38.944491 -92.326012
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