Market power of the Japanese non-GM soybean import market
dc.contributor.author | Yamaura, Koichi | |
dc.date.accessioned | 2008-05-28T14:46:37Z | |
dc.date.available | 2008-05-28T14:46:37Z | |
dc.date.graduationmonth | August | en |
dc.date.issued | 2008-05-28T14:46:37Z | |
dc.date.published | 2008 | en |
dc.description.abstract | Globally, the majority of countries now use genetically modified (GM) soybeans to produce oil and meal for livestock and human consumption. Japan, however, uses only Non-GM soybeans for direct human consumption of which more than 80% are imported from the U.S., Canada, and China. This research used the inverse residual demand model to estimate a two-country partial equilibrium trade model to test the existence of market power in the Japanese Non-GM soybean import market. The two-country partial equilibrium trade model incorporated the U.S. residual Non-GM soybean supply for Japan, the Japanese residual demand for U.S. Non-GM soybeans, and the equilibrium condition, where the U.S. residual Non-GM soybean supply equals the Japanese residual Non-GM soybean demand. Monthly data from January 2003 to December 2007 were used for the analysis. Empirical results indicated that U.S. Non-GM soybean exporters have stronger market power than Japanese Non-GM soybean importers. The results also indicate that Japanese consumers are willing to pay higher prices for soybeans, tofu, natto, miso, and other all soy food products. | en |
dc.description.advisor | Michael W. Woolverton | en |
dc.description.degree | Master of Science | en |
dc.description.department | Department of Agricultural Economics | en |
dc.description.level | Masters | en |
dc.identifier.uri | http://hdl.handle.net/2097/827 | |
dc.language.iso | en_US | en |
dc.publisher | Kansas State University | en |
dc.subject | Non-GM Soybean | en |
dc.subject | Market Power | en |
dc.subject | Japanese Soybean Import Market | en |
dc.subject | Two-Country Partial Equilibrium Trade Model | en |
dc.subject | U.S. Non-GM Soybean | en |
dc.subject | Japanese Soy Foods | en |
dc.subject.umi | Economics, Agricultural (0503) | en |
dc.title | Market power of the Japanese non-GM soybean import market | en |
dc.type | Thesis | en |