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dc.contributor.authorOwen, P. Dorian
dc.contributor.authorWinchester, Niven
dc.date.available2012-01-05T22:25:34Z
dc.date.copyright2011-12-01
dc.identifier.citationOwen, P. D., & Winchester, N. (2011). The impact of US fresh milk production standards on dairy trade (Economics discussion Papers Series No. 1117). University of Otago. Retrieved from http://hdl.handle.net/10523/2085en
dc.identifier.issn1178-2293
dc.identifier.urihttp://hdl.handle.net/10523/2085
dc.description.abstractWe analyse the impact of proposed changes in US legislation to allow greater use of dairy concentrate products in the production of fresh milk products. This change could potentially have a large impact on dairy trade as US tariffs on concentrated dairy products are low relative to average dairy tariffs. Our investigation builds a global model that identifies six dairy commodities and includes a detailed specification of the production of fresh milk products. We find that proposed changes in US legislation may lead to large proportional changes in US imports of concentrated milk products from some sources. However, as proposed changes in US regulations will only facilitate a small increase in the use of concentrated milk products in the production of fresh milk products, there are only small changes in global dairy production. We supplement results from our simulation model with a gravity analysis. Our results indicate that trade in concentrated milk products is positively related to aggregate dairy tariffs and negatively related to concentrated milk tariffs. This suggests that large tariffs on some dairy commodities influence the overall pattern of dairy trade.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoenen_NZ
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.relation.urihttp://www.business.otago.ac.nz/econ/research/discussionpapers/index.htmlen_NZ
dc.subjectdairy tradeen_NZ
dc.subjectconcentrated milk productsen_NZ
dc.subjectnon-tariff barriersen_NZ
dc.subjectUS milk production standardsen_NZ
dc.subjectnumerical simulationen_NZ
dc.subjectgravity modellingen_NZ
dc.titleThe impact of US fresh milk production standards on dairy tradeen_NZ
dc.typeDiscussion Paperen_NZ
otago.schoolDepartment of Economicsen_NZ
otago.openaccessOpen
otago.relation.number1117en_NZ
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