IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/332840.html
   My bibliography  Save this paper

Economic Insights into Telecoupling: Lessons from China's Soybean Boom

Author

Listed:
  • Yao, Guolin
  • Hertel, Thomas
  • Taheripour, Farzad

Abstract

China's soybean demand boom in the past two decades has been very dramatic. It involves socioeconomic and environmental interactions of multi-coupled systems. Economic growth and restructuring of feed industry intensified China's soybean meal demands. Brazil, as well as Argentina and the US, stepped in to satisfy this increased demand. In the case of Brazil, rapid technical change, coupled with expansion in cultivated area, played a key role in meeting the increased soybean demand in China. The goal of this research to is to identify the key economic drivers of this historical growth in soybean trade, output and land use in Brazil, China, and the US over the period of 2004-2011 and quantify their contributions using the GTAP-BIO model. This period provides a very interesting laboratory in which to test the validity of this model, as well as to decompose the diverse drivers of growth in soybean trade. With a validated historical model in place, we plan to project future soybean production and trade changes and investigate the role which China's agricultural policy and genetically-modified (GM) technology have played in the historical development of soybean trade through counterfactual simulations.

Suggested Citation

  • Yao, Guolin & Hertel, Thomas & Taheripour, Farzad, 2017. "Economic Insights into Telecoupling: Lessons from China's Soybean Boom," Conference papers 332840, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:332840
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/332840/files/8763.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sutton, Michael & Klein, Nicole & Taylor, Gary, 2005. "A Comparative Analysis of Soybean Production Between the United States, Brazil, and Argentina," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2005, pages 1-9.
    2. Lee, Huey-Lin & Hertel, Thomas W. & Sohngen, Brent & Ramankutty, Navin, 2005. "Towards An Integrated Land Use Database for Assessing the Potential for Greenhouse Gas Mitigation," Technical Papers 283423, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. W. Jill Harrison & J. Mark Horridge & K.R. Pearson, 2000. "Decomposing Simulation Results with Respect to Exogenous Shocks," Computational Economics, Springer;Society for Computational Economics, vol. 15(3), pages 227-249, June.
    4. Lee, Tani & Tran, Anh & Hansen, James & Ash, Mark, 2016. "Major Factors Affecting Global Soybean and Products Trade Projections," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, issue 04, pages 1-1, May.
    5. Keeney, Roman & Thomas Hertel, 2005. "GTAP-AGR : A Framework for Assessing the Implications of Multilateral Changes in Agricultural Policies," GTAP Technical Papers 1869, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    6. Zhao, Yaohui, 1999. "Labor Migration and Earnings Differences: The Case of Rural China," Economic Development and Cultural Change, University of Chicago Press, vol. 47(4), pages 767-782, July.
    7. Qianrong Wu & Wendong Zhang, 2016. "Of Maize and Markets: China's New Corn Policy," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2016-4, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yao, Guolin & Hertel, Thomas W. & Taheripour, Farzad, 2017. "Understanding China's Soybean Boom from Historical Validation," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258373, Agricultural and Applied Economics Association.
    2. Hertel, Thomas W. & Tyner, Wallace E. & Birur, Dileep K., 2008. "Biofuels for all? Understanding the Global Impacts of Multinational Mandates," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6526, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Chad E. Hart & John C. Beghin, 2004. "Rethinking Agricultural Domestic Support under the World Trade Organization," Center for Agricultural and Rural Development (CARD) Publications 04-bp43, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    4. Erwin Corong & Thomas Hertel & Robert McDougall & Marinos Tsigas & Dominique van der Mensbrugghe, 2017. "The Standard GTAP Model, version 7," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 2(1), pages 1-119, June.
    5. Will Martin & Kym Anderson, 2006. "Agricultural Trade Reform and the Doha Development Agenda," World Bank Publications - Books, The World Bank Group, number 6889.
    6. Huang, Jikun & Yang, Jun & Msangi, Siwa & Rozelle, Scott & Weersink, Alfons, 2012. "Biofuels and the poor: Global impact pathways of biofuels on agricultural markets," Food Policy, Elsevier, vol. 37(4), pages 439-451.
    7. Ngeleza, Guyslain K. & Muhammad, Andrew, 2008. "Preferential Trade Agreements between the Monetary Community of Central Africa and the European Union," Conference papers 331732, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    8. Keith Walsh & Martina Brockmeier & Alan Matthews, 2005. "Implications of Domestic Support Disciplines for Further Agricultural Trade Liberalization," The Institute for International Integration Studies Discussion Paper Series iiisdp99, IIIS.
    9. Kerkela, Leena & Lehtonen, Heikki & Niemi, Jyrki, 2006. "Effects of WTO export subsidy abolition and tariff rate reduction on agriculture on global and national level," Conference papers 331480, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    10. Haddad, Salwa & Britz, Wolfgang & Börner, Jan, 2017. "Impacts Of Increased Forest Biomass Demand In The European Bioeconomy," 57th Annual Conference, Weihenstephan, Germany, September 13-15, 2017 261986, German Association of Agricultural Economists (GEWISOLA).
    11. Keeney, Roman & Beckman, Jayson F., 2007. "WTO Impacts on US Rice Producing Households," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34812, Southern Agricultural Economics Association.
    12. Britz, Wolfgang & van der Mensbrugghe, Dominique, 2017. "A flexible, modular and extendable framework for CGE analysis in GAMS," Conference papers 332918, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Keeney, Roman & Beckman, Jayson, 2009. "WTO negotiations on agriculture and the distributional impacts for US rice farm households," Food Policy, Elsevier, vol. 34(1), pages 70-80, February.
    14. Haddad, Salwa & Escobar, Neus & Bruckner, Martin & Britz, Wolfgang, 2019. "Global land use impacts from a subsidy on grassland-based ruminant livestock production in the European Union," Conference papers 333082, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    15. Golub, Alla & Hertel, Thomas & Lee, Huey-Lin & Rose, Steven & Sohngen, Brent, 2009. "The opportunity cost of land use and the global potential for greenhouse gas mitigation in agriculture and forestry," Resource and Energy Economics, Elsevier, vol. 31(4), pages 299-319, November.
    16. De Miguel, Carlos J. & Durán Lima, José Elías & Ludeña, Carlos & Schuschny, Andrés Ricardo, 2009. "Trade and sustainable development: spatial distribution of trade policies impacts on agriculture," Medio Ambiente y Desarrollo 5680, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    17. Sulamaa, Pekka & Widgrén, Mika, 2005. "Asian Regionalism versus Global Free Trade: A Simulation Study on Economic Effects," Discussion Papers 985, The Research Institute of the Finnish Economy.
    18. Jun Yang & Huanguang Qiu & Jikun Huang & Scott Rozelle, 2008. "Fighting global food price rises in the developing world: the response of China and its effect on domestic and world markets," Agricultural Economics, International Association of Agricultural Economists, vol. 39(s1), pages 453-464, November.
    19. Gersfelt, Birgitte, 2007. "International Trade and the National Water Balance - An Egyptian Case Study," Conference papers 331661, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    20. Valenzuela, Ernesto & Hertel, Thomas W., 2006. "Poverty Vulnerability and Trade Policy: Are the Likely Impacts Discernable?," 2006 Annual meeting, July 23-26, Long Beach, CA 21397, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Keywords

    Crop Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pugtwp:332840. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.