Emerging Countries: Converging or Diverging Economies?

International Relations/Trade,

South Korean Millers’ Preferences for the Quality Characteristics of Hard White Wheat that is Used in Producing All-purpose Flour

Using the choice-based conjoint analysis and self explicated approach, I elicited South Korean millers’ preference and willingness to pay for the quality characteristics of hard white wheat that is used in producing all-purpose flour. In specified seven attributes, test weight, moisture, and price significantly affect to South Korean millers’ utility but protein contents, ash, dockage, and falling number does not. South Korean millers are more willing to pay to change the quality characteristics related to the milling yields and profitability, such as test weight, moisture and dockage. But their willingness-to-pay for protein content is not as big as common expectation. Along with the research of Srinivasan (1997), we found that the self-explicated approach yields a slightly (but not statistically significantly) higher predictive validity than does the choice-based conjoint analysis. The results of this study provide not only guideline of quality standards of hard white wheat, but also focus point that U.S. producers have to intensify among quality characteristics of hard white wheat to create demand in South Korean market.Hard White Wheat, South Korean wheat market, Choice-based conjoint analysis, Self-explicated approach, Conditional logit model, Willingness-to-pay, Agribusiness, Agricultural and Food Policy, Consumer/Household Economics, Crop Production/Industries, Demand and Price Analysis, Food Consumption/Nutrition/Food Safety, International Relations/Trade, Marketing, Research Methods/ Statistical Methods,

POTENTIAL MARKETS FOR OKLAHOMA PRODUCE: A MARKET WINDOW ANALYSIS

Market windows were examined in five wholesale markets for Oklahoma bell peppers, broccoli, cantaloupes, cauliflower, sweet potatoes and watermelons. "Market window" refers to a period of time when the prices received by producers for selected crops are greater than the production costs. The analysis is based on price-cost comparisons in major wholesale markets. Price risk associated with price variability and yield risk was incorporated into the analysis. The Denver and New Orleans wholesale markets provide excellent market windows for all six crops. The Chicago and Dallas wholesale markets show good market potential for most of the crops.Crop Production/Industries,

An Analysis of Food Grain Consumption in Urban Jiangsu Province of China

The impacts of economic and demographic variables on the demand for food grain commodities in urban Jiangsu province of China are estimated, using both the QUAIDS and the AIDS models. Results show that the demands for wheat flour and coarse grains are price-elastic while the demands for rice and grain products are price-inelastic. Certain demographic variables show as having a significant impact on food grain demand. Finally, a decomposition of causes of changes in rice consumption over the period of 1995–2007 is performed.AIDS model, China food grain demand, China urban household demand, Agribusiness, Community/Rural/Urban Development, Crop Production/Industries, Demand and Price Analysis, Farm Management, Food Consumption/Nutrition/Food Safety, International Development, Production Economics, Public Economics, Research Methods/ Statistical Methods, D12, Q18, Q13,

Competitiveness of U.S. Meats in Japan and South Korea: A Source Differentiated Market Study

The restricted source differentiated almost ideal demand system (RSDAIDS) is used to estimate the parameters of the Japanese and South Korean source differentiated meat demand models. Expenditure and own-price elasticities indicate that Japanese beef, Canadian and Danish pork, and Brazilian and Thai poultry have a competitive advantage in Japan. The BSE outbreak in Japan decreased the shares of Japanese and U.S. beef. Regarding South Korea, the results indicate that imported beef from the U.S. and Australia, Danish pork, and South Korean and Thai poultry have a competitive advantage. The U.S. BSE outbreak decreased the market shares of U.S. beef in the South Korean beef market.BSE, competitive advantage, FMD, Japanese meat demand, RSDAIDS, South Korean Meat Demand, Demand and Price Analysis,

EMERGING ROLES FOR FOOD LABELS: INFORM, PROTECT, PERSUADE

Every day, food producers and processors provide products consumed by 250 million people in this country. Each of those consumers is affected by the content of their foods. With advances in food production, processing, and distribution technology, the role of food labels has become increasingly important. Current research and views related to food labeling issues were discussed at a conference held in Washington, D.C. on March 20-21, 2003. This article gives an overview of food-labeling issues and summarizes the research findings presented at the conference. Issues discussed in this paper include the impact of food labels on consumer purchase decisions, the role of the private versus the public sector in providing credibility to marketing claims, the costs and benefits of voluntary and mandatory labels, and the implications of country-of-origin labeling.Agribusiness,

NAFTA Impacts on the U.S. Competitiveness and Trade: Beef, Pork, and Poultry

The restricted source differentiated almost ideal demand system (RSDAIDS) is used to estimate source differentiated meat demand for U.S. NAFTA partners. In the Canadian meat market, the estimated price and expenditure elasticities indicate that Canadian beef has a competitive advantage compared to U.S. beef, while U.S. pork has a competitive advantage compared to Canadian pork. In the Mexican meat market, the estimated expenditure elasticities indicate that an increase in Mexican meat expenditures would lead to an increase in the demand for meats from all sources. Seasonality and Canadian and U.S. BSE outbreaks had small impacts on Canadian and Mexican meat demand.AIDS, BSE impacts, Competitive advantage, Canadian meat demand, Mexican meat demand, source differentiation, International Relations/Trade,

AN ANALYSIS OF OKLAHOMA DIRECT MARKETING OUTLETS: CASE STUDY OF PRODUCE FARMERS' MARKETS

The objectives of this study are to examine consumer preferences among various marketing channels including direct marketing in Oklahoma, and to analyze the impact of various demographic variables on purchasing choice. Specifically, this research focuses on the links between demographic factors and shopping preferences. Data from consumers' survey in 21 farmers' markets in Oklahoma will be used to analyze consumer preferences using an ordered logistic regression analysis method. Farmers' market producers and market managers were also surveyed. The results of this study identify consumer characteristics that influence produce demand and consequently growers' return at Oklahoma farmers' market.Consumer/Household Economics,

Food Labels: Implications for U.S. Agricultural Imports

Labels have been used to make food attributes transparent and to satisfy the increasing consumer demand for information about food credence values. Several types of prevalent U.S. food labels, their contributions, and the regulatory agencies behind them are examined in this paper. Additionally, studies dealing with the willingness-to-pay (WTP) for labeled products and the use of food labels as nontariff trade barriers are discussed. While unilateral labeling requirements are identified as a major form of non-tariff trade barriers, positive media influence and trust in the government and science are important factors that affect consumer WTP for food credence characteristics.consumer willingness-to-pay, food credence characteristics, food labeling, non-tariff trade barrier, Agribusiness, Consumer/Household Economics,

WILL THE VOLUNTARY CHECKOFF PROGRAM BE THE ANSWER? AN ANALYSIS OF OPTIMAL ADVERTISING AND FREE-RIDER PROBLEM IN THE U.S. BEEF INDUSTRY

Replaced with revised version of paper 04/21/04.Marketing,