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A Spatial and Temporal Model of the North American Pork Sector for the Evaluation of Policy Alternatives

Author

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  • Larry Martin
  • Anthony C. Zwart

Abstract

A quarterly recursive quadratic programming model of the North American pork sector is constructed to explain spatial and temporal variations in the sector and to evaluate the repercussions of policy changes. The model incorporates econometric supply, demand for consumption and demand for storage equations for Eastern and Western Canada and the United States. It is then run over a forty-one quarter period to evaluate its ability to simulate the sector. A policy experiment is conducted which assesses a change in tariff policies between Canada and the United States to illustrate the model's application for policy analysis.

Suggested Citation

  • Larry Martin & Anthony C. Zwart, 1975. "A Spatial and Temporal Model of the North American Pork Sector for the Evaluation of Policy Alternatives," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(1), pages 55-66.
    • Handle: RePEc:oup:ajagec:v:57:y:1975:i:1:p:55-66.
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    File URL: http://hdl.handle.net/10.2307/1238840
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    Citations

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    Cited by:

    1. Jang, Joonkyung, 1992. "A spatial equilibrium analysis of the impact of transportation costs and policy changes on the export of U.S. beef and feed grains," ISU General Staff Papers 1992010108000017632, Iowa State University, Department of Economics.
    2. Martin, Larry, 1976. "An Analysis of the Amended Agricultural Stabilization Act with Special Reference to the Livestock Industry," Working Papers 245015, University of Guelph, Department of Food, Agricultural and Resource Economics.
    3. Martin, Larry & Groenewegen, John & Meilke, Karl, 1976. "Commodity Futures Markets-Hedging Opportunities for Ontario Pork Producers," Working Papers 245018, University of Guelph, Department of Food, Agricultural and Resource Economics.
    4. Eswaramoorthy, K., 1991. "U.S. livestock production and factor demand: a multiproduct dynamic dual approach," ISU General Staff Papers 1991010108000010523, Iowa State University, Department of Economics.
    5. Tomek, William G. & Robinson, Kenneth L., 1977. "PART V. Agricultural Price Analysis and Outlook," AAEA Monographs, Agricultural and Applied Economics Association, number 337217, january.
    6. Van der Sluis, Evert, 1988. "A nonlinear multicountry multicommodity spatial equilibrium model with an application," ISU General Staff Papers 1988010108000018153, Iowa State University, Department of Economics.
    7. Gutierrez, Luciano & Piras, Francesco & Olmeo, Maria Grazia, 2015. "Forecasting Wheat Commodity Prices using a Global Vector Autoregressive model," 2015 Fourth Congress, June 11-12, 2015, Ancona, Italy 207264, Italian Association of Agricultural and Applied Economics (AIEAA).
    8. Zwart, Anthony C. & Martin, Larry, 1974. "The North American Pork Sector- Analysis of its Economic Interrelationships and a Model for Policy Evaluation," Working Papers 245022, University of Guelph, Department of Food, Agricultural and Resource Economics.
    9. Naik, Gopal & Dixon, Bruce L., 1986. "A Monte Carlo Comparison Of Alternative Estimators Of Autocorrelated Simultaneous Systems Using A U.S. Pork Sector Model As The True Structure," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 11(2), pages 1-12, December.
    10. Coyle, Barry & Chambers, Robert G. & Schmitz, Andrew, 1986. "Economic Gains from Agricultural Trade: A Review and Bibliography," Miscellaneous Publications 319990, United States Department of Agriculture, Economic Research Service.
    11. Reeves, G.W. & Longmire, James L., 1982. "A Note on the Theory of Price Determination in the Australian Beef Market," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 50(01), pages 1-8, April.
    12. Sellen, Daniel & Goddard, Ellen & Duff, Stephen, 1997. "Returns from Research and Advertising in the North American Hog and Pork Industry," Economic Analysis of Research and Promotion, March 21-22, 1997, New Orleans, Louisiana 279675, Regional Research Projects > NECC-63: Research Committee on Commodity Promotion.

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