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U.S. DEMAND FOR IMPORTED LAMB BY COUNTRY: A TWO-STAGE DIFFERENTIAL PRODUCTION APPROACH

Abstract

Due to a depressed wool industry sheep inventories have been declining resulting in significant increases in lamb and mutton imports. Goals of this paper are to estimate the derived demand and output supply for U.S. lamb imports, estimate demand elasticities, and to determine the impact of TRQ reductions on imports.Demand and Price Analysis,

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