Market power of the Japanese non-GM soybean import market

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Show simple item record Yamaura, Koichi 2008-05-28T14:46:37Z 2008-05-28T14:46:37Z 2008-05-28T14:46:37Z
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.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.title Market power of the Japanese non-GM soybean import market en
dc.type Thesis en Master of Science en
dc.description.level Masters en
dc.description.department Department of Agricultural Economics en
dc.description.advisor Michael W. Woolverton en
dc.subject.umi Economics, Agricultural (0503) en 2008 en August en

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