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Implicit values of Beef carcass characteristics in Japan: Implications for the US Beef export industry

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Listed:
  • Biing-Hwan Lin

    (Department of Agricultural Economics and Rural Sociology, University of Idaho)

  • Hiroshi Mori

    (Department of Economics, Senshu University, Japan)

Abstract

The signing of the 1988 Japan Beef Market Access Agreement has provided the US beef industry easier access to the Japanese market. To fully exploit the export opportunities afforded by the agreement, US producers may need to target, at least partially, the high-valued market niches. A hedonic price analysis was conducted to estimate the values of various yield and quality characteristics of beef carcasses in Japan. These estimates can be used to develop more profitable feeding practices for the Japanese market. The results also suggest that longer-fed US beef was priced similarly to Japanese dairy steers.

Suggested Citation

  • Biing-Hwan Lin & Hiroshi Mori, 1991. "Implicit values of Beef carcass characteristics in Japan: Implications for the US Beef export industry," Agribusiness, John Wiley & Sons, Ltd., vol. 7(2), pages 101-114.
    • Handle: RePEc:wly:agribz:v:7:y:1991:i:2:p:101-114
    DOI: 10.1002/1520-6297(199103)7:2<101::AID-AGR2720070203>3.0.CO;2-F
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    References listed on IDEAS

    as
    1. Ackerman, Karen Z., 1990. "Agricultural Export Programs: Background for 1990 Farm Legislation," Staff Reports 278857, United States Department of Agriculture, Economic Research Service.
    2. Hayes, Dermot J., 1989. "Beefing Up for the Japanese Market," Staff General Research Papers Archive 10951, Iowa State University, Department of Economics.
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    Cited by:

    1. Ekanem, Enefiok P. & Sundquist, W. Burt, 1993. "Estimating Marginal Implicit Prices For Selected Quality Attributes Of Hybrid Seed Corn," Staff Papers 13473, University of Minnesota, Department of Applied Economics.
    2. Michael T. Carroll & James L. Anderson & Josué Martínez-Garmendia, 2001. "Pricing U.S. North Atlantic bluefin tuna and implications for management," Agribusiness, John Wiley & Sons, Ltd., vol. 17(2), pages 243-254.
    3. Ethridge, Don & Morse, Steve & Engels, Carlos, 1991. "Hedonic Price Analysis Of Cotton In Daily Market Reporting," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271082, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Farrell, Terence C. & Hopkins, David L., 2007. "A hedonic Model of Lamb Carcass Attributes," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 15.
    5. Hossain, Afjal & Badiuzzaman,, 2021. "Hedonic prices for the fruit market in Bangladesh: Lessons from guava and hog plum purchase decisions," Journal of Retailing and Consumer Services, Elsevier, vol. 62(C).

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