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Analyzing the effects of government ...

Snell, William Marion.

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Analyzing the effects of government intervention and product differentiation on international burley tobacco trade.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Analyzing the effects of government intervention and product differentiation on international burley tobacco trade./
Author:	Snell, William Marion.
Description:	316 p.
Notes:	Source: Dissertation Abstracts International, Volume: 50-08, Section: A, page: 2588.
Contained By:	Dissertation Abstracts International50-08A.
Subject:	Economics, Agricultural. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9001446

Analyzing the effects of government intervention and product differentiation on international burley tobacco trade.
Snell, William Marion.

Analyzing the effects of government intervention and product differentiation on international burley tobacco trade. - 316 p.

Source: Dissertation Abstracts International, Volume: 50-08, Section: A, page: 2588.

Thesis (Ph.D.)--University of Kentucky, 1989.

This study endogenizes international burley policies in order to analyze the impacts of various policy linkages on international burley trade. The model adopts a Stackelberg market structure as its conceptual base, which assumes that the US acts as the "leader" in developing burley policy and other markets (e.g., the EEC, Japan, Malawi) behave as "followers" who react to US burley policies. A dynamic policy linkage exists in the following period as US policymakers are hypothesized to take into account the impact of the foreign policy response (via a policy conjecture) in determining new policy levels. In addition, price indifference curves are developed to analyzed the effects of changing quality differentials, consumer preferences, and price policies on burley demand within a given importing market.Subjects--Topical Terms:

626648
Economics, Agricultural.

Analyzing the effects of government intervention and product differentiation on international burley tobacco trade.
LDR:03092nam 2200253 a 45 001 971758
005 20110927
008 110927s1989 eng d
035 $a (UnM)AAI9001446
035 $a AAI9001446
040 $a UnM $c UnM
100 1 $a Snell, William Marion. $3 1295788
245 1 0 $a Analyzing the effects of government intervention and product differentiation on international burley tobacco trade.
300 $a 316 p.
500 $a Source: Dissertation Abstracts International, Volume: 50-08, Section: A, page: 2588.
502 $a Thesis (Ph.D.)--University of Kentucky, 1989.
520 $a This study endogenizes international burley policies in order to analyze the impacts of various policy linkages on international burley trade. The model adopts a Stackelberg market structure as its conceptual base, which assumes that the US acts as the "leader" in developing burley policy and other markets (e.g., the EEC, Japan, Malawi) behave as "followers" who react to US burley policies. A dynamic policy linkage exists in the following period as US policymakers are hypothesized to take into account the impact of the foreign policy response (via a policy conjecture) in determining new policy levels. In addition, price indifference curves are developed to analyzed the effects of changing quality differentials, consumer preferences, and price policies on burley demand within a given importing market.
520 $a The model discovered that US burley price and production policies affect Italian and Malawi markets, but have little influence on the Japanese burley market. The model also detected that foreign policy reactions to US burley price supports have influenced US policymakers decisions during the 1960-1987 study period. However, the impact of the foreign policy response on US price supports has increased in recent years, giving support to the hypothesis that the international market will have a greater influence in setting future US price supports. In addition, the large US/foreign price differential was found to be a factor explaining the decline in US burley import demand in Italy, but the results indicated that the US/foreign price differential had a small impact on Japanese and West German importing behavior.
520 $a After analyzing the empirical results, one is forced to conclude that US burley exports are not "extremely" responsive to price changes in the short run. Although the narrowing quality differential between US and foreign burley tobaccos has tended to increase the US burley export demand elasticity (in absolute value), the presence of various government intervention tools and increasing consumer preferences for American blended cigarettes has apparently constrained the responsiveness of US burley exports to price changes. Therefore, it appears that the US still possesses a large amount of "market power" in the international burley market.
590 $a School code: 0102.
650 4 $a Economics, Agricultural. $3 626648
690 $a 0503
710 2 0 $a University of Kentucky. $3 1017485
773 0 $t Dissertation Abstracts International $g 50-08A.
790 $a 0102
791 $a Ph.D.
792 $a 1989
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9001446