Author: OECD Publisher: OECD Publishing ISBN: 9264011609 Category : Languages : en Pages : 168
Book Description
This report is an attempt to improve understanding of the dairy sector through an analysis of the trade and economic effects of the main policy measures (subsidies) applied to the dairy sector.
Author: Suchada Langley Publisher: ISBN: Category : Languages : en Pages : 26
Book Description
A partial-equilibrium, multiple-commodity, multiregion model of agricultural policy and trade is used to simulate the effects of changes in domestic and trade policy on dairy production, consumption, prices, and trade. Simulations using the ERS-Penn State Trade model analyze the effects of separately and concurrently relaxing domestic income and price supports, and import restrictions and export subsidies, with special attention to tariff-rate and milk production quotas. Modeling results indicate that liberalization would reduce world dairy product supplies and increase the value of dairy trade.
Author: Anthony N. Rezitis Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This study investigates the impact of trade liberalisation on the spatial price co-movements between the dairy markets of the EU, Oceania, and the United States. We consider two main dairy products, namely butter and whole milk powder (WMP), and employ R-Vines to assess the development of the tail dependence between the price series. We split the time span (i.e. 2000-2017) in December 2007 to capture the change in the tail dependence as well as in the potential of each region to act as the central market. Our findings indicate that the EU acts as the central market for butter in both sub-periods, whereas the EU succeeds Oceania in acting as the central market for WMP from the first sub-period to the next. Further findings highlight slightly increasing tail dependence in the butter market and in the WMP market for the EU-OCE and EU-US pairs. However, the tail dependence for the WMP prices between Oceania and the United States weakens, in which we attribute to the 2013 Chinese ban on milk powder imports from Oceania.
Author: M. He Publisher: ISBN: Category : Languages : en Pages : 40
Book Description
In China, the dairy market has expanded in recent years and it relies heavily on the imports from foreign countries. During the past decades, the Chinese dairy market kept opening, and the fast development of China’s dairy trade calls for a research analyzing the effect of trade liberalization on the dairy sector. In this research, we provide a quantitative assessment of the implications of liberalization of the international trade in dairy products between China and its trading partners using a spatial equilibrium model. The model is developed based on 2011 data from open databases. The following five questions are answered in this paper: (1) What is the current situation of China’s dairy sector and how does China’s dairy market develop? (2) What policies are relevant for dairy trade between China and its trade partners now and in the future? (3) How can dairy trade of China be modeled? (4) What data on demand, supply and trade are necessary and available to construct a spatial equilibrium model? (5) What are the effects of trade liberalization on the dairy sector in China? Three scenarios of different levels of trade liberalization are simulated and the simulation result proves the positive influence of trade liberalization on Chinese dairy sector from a welfare perspective. Based on the results, we come up with some policy recommendations. Throughout the thesis, chapter 1 provides a general description of the background and problem analysis. Chapter 2 describes the development of China’s dairy sector and relevant trade policies. A trade model has been developed in Chapter 3. Next, Chapter 4 focuses on the effects of trade liberalization using a graphical analysis. Chapter 5 details the scenarios and simulation results. Finally, Chapter 6 presents the conclusions, recommendations and discussion.
Author: OECD
Author: 
Author: Don P. Blayney
Author: Yong Zhu
Author: Suchada Langley
Author: Suchada Vichitakul Langley
Author: Vijay Paul Sharma
Author: Yong Zhu
Author: Anthony N. Rezitis
Author: M. He