Publication Date
10-2000
Series Number
00-WP 253
Abstract
The authors estimate aggregate and source-specific import demand elasticities for pork in Japan using a two-stage model that has two important advantages over other models: it allows substitution between domestic and imported products, and it avoids econometric problems in generating source-specific parameters. Pork imports into Japan are constrained by high protection and the strong preference Japanese consumers have for domestic pork. U.S. pork is inexpensive in Japan, but because food safety and quality drive pork demand in Japan, U.S. pork's comparatively low price may not be providing a market advantage. However, U.S. pork exports to Japan have performed well over the past three years, suggesting that the U.S. may have benefited from disease challenges in Taiwan and the E.U. or that the U.S. is learning to meet Japanese consumer demands more effectively.
Recommended Citation
Fabiosa, Jacinto F. and Ukhova, Yekaterina S., "New Aggregate and Source-Specific Pork Import Demand Elasticity for Japan: Implications to U.S. Exports" (2000). CARD Working Papers. 271.
https://lib.dr.iastate.edu/card_workingpapers/271
Included in
Agricultural and Resource Economics Commons, Agricultural Economics Commons, International Economics Commons
