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You searched for +publisher:"Texas A&M University" +contributor:("Jin, Yanhong H."). Showing records 1 – 2 of 2 total matches.

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Texas A&M University

1. Park, Moon-Soo. Economic analysis of the meat supply chain.

Degree: PhD, Agricultural Economics, 2009, Texas A&M University

Recently, the meat supply chain has undergone a number of structural changes including increased concentration and a greater degree of quasi-vertical integration coordinated through contract procurement. The effects these changes have had on the meat supply chain, arranged as a complex array of producers, processors, distributors, and retailers, are not yet known. This study investigates the motives for, and consequences of, recent changes in the meat supply chain. The first essay examines causality among variables in the U.S. cattle supply chain using temporal and contemporaneous causality methodologies. Tests for structural changes reveal a likely structural change between later 1996 and early 1997 that was likely induced by the turnaround of the U.S. cattle inventory accompanied with severe droughts in Midwest. Results suggest that overall temporal causalities in the U.S. cattle supply chain become weaker after the structural change, though relatively strong causalities are found in pre-break periods. In contrast, strong contemporaneous causal relationships are founded in post-break periods. One conclusion is that recent structural changes in the industry are resulting in more rapid transmission of information through the supply chain. Causal evidence also suggests that the direction of information transmission has changed in recent times from moving generally downstream to moving generally upstream. This might be the result of increased concentration at the packer and retail levels giving rise to increased ability to “set” prices. The second essay develops a theoretical model to investigate the dynamic effects of the contract procurement on packer competition in the spot market with general contract pricing scheme. Results indicate that packers have an incentive to consider the effects of spot market purchases on contract procurement even after accounting for hedonic characteristics of live cattle and risk aversion in cattle feeding operations. The third essay investigates the impacts of domestic and overseas animal disease outbreaks on the Korean meat supply chain. Market impacts are investigated using both forecasts and historical decomposition of price innovations based on an error correction model (ECM) of the Korean meat sector. Results indicate that while the affected markets suffered significantly from the outbreaks, the impacts seem temporary and substitute meat markets benefited significantly. Advisors/Committee Members: Jin, Yanhong H (advisor), Love, H Alan. (advisor), Bessler, David A. (committee member), Puller, Steven (committee member).

Subjects/Keywords: Supply Chain; Meat Market

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Park, M. (2009). Economic analysis of the meat supply chain. (Doctoral Dissertation). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2627

Chicago Manual of Style (16th Edition):

Park, Moon-Soo. “Economic analysis of the meat supply chain.” 2009. Doctoral Dissertation, Texas A&M University. Accessed January 24, 2021. http://hdl.handle.net/1969.1/ETD-TAMU-2627.

MLA Handbook (7th Edition):

Park, Moon-Soo. “Economic analysis of the meat supply chain.” 2009. Web. 24 Jan 2021.

Vancouver:

Park M. Economic analysis of the meat supply chain. [Internet] [Doctoral dissertation]. Texas A&M University; 2009. [cited 2021 Jan 24]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2627.

Council of Science Editors:

Park M. Economic analysis of the meat supply chain. [Doctoral Dissertation]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2627


Texas A&M University

2. Hu, Rong. Market reactions to animal disease: the case of bovine spongiform encephalopathy discoveries in North America.

Degree: PhD, Agricultural Economics, 2009, Texas A&M University

The increasing awareness of, and concern over, possible terrorist attacks using biological threats has increased attention and efforts for safeguarding U.S. agriculture. Whether intentional or unintentional, a biological event likely would cause substantial consequences well beyond the U.S. agricultural sector with considerable economic, social, and political costs. One significant impact would involve trade disruptions. This dissertation investigates biosecurity risk impacts with a focus on animal disease outbreaks using data from recent U.S. and Canada bovine spongiform encephalopathy (BSE) cases. An empirical study was carried out on the impact of the North American BSE cases. Using a time series approach, this study detected a significant structural break during the second half of 2003 when two BSE cases were confirmed in North America. Results showed that U.S. beef prices responded to the disruptions in cattle and beef trade caused by the BSE cases. The ban on beef and cattle imports from Canada and the ban on U.S. beef exports were major contributors to the fluctuation in beef prices. This showed that trade disruptions following the BSE discoveries in North America resulted in a supply shift and affected the movement of beef prices afterwards. The study did not find strong evidence that the 2003 North American BSE cases and associated trade disruptions greatly affected per capita beef consumption. In turn, a simulation study was conducted to examine the impact of major BSE outbreaks, associated trade disruptions, and demand shifts on U.S. welfare and the livestock industry. Six alternative scenarios were simulated and compared with the base scenario where there was no trade disruption and demand shift. The six scenarios consisted of various combinations of cattle and beef trade restrictions, livestock production adjustment, and beef demand shift. When beef and cattle trade, and market demand are greatly reduced in the wake of the BSE events in both Canada and the U.S., the impact on the U.S. welfare, meat trade, and regional livestock production would be the greatest. Beef price and production could reduce by 26% and 16% respectively. Regional impact on beef and livestock production would also be substantial in this case. Advisors/Committee Members: Jin, Yanhong H. (advisor), McCarl, Bruce A. (advisor), Bessler, David (committee member), Scott, H. Morgan (committee member).

Subjects/Keywords: trade disruption; BSE; impact; beef market

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Hu, R. (2009). Market reactions to animal disease: the case of bovine spongiform encephalopathy discoveries in North America. (Doctoral Dissertation). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2859

Chicago Manual of Style (16th Edition):

Hu, Rong. “Market reactions to animal disease: the case of bovine spongiform encephalopathy discoveries in North America.” 2009. Doctoral Dissertation, Texas A&M University. Accessed January 24, 2021. http://hdl.handle.net/1969.1/ETD-TAMU-2859.

MLA Handbook (7th Edition):

Hu, Rong. “Market reactions to animal disease: the case of bovine spongiform encephalopathy discoveries in North America.” 2009. Web. 24 Jan 2021.

Vancouver:

Hu R. Market reactions to animal disease: the case of bovine spongiform encephalopathy discoveries in North America. [Internet] [Doctoral dissertation]. Texas A&M University; 2009. [cited 2021 Jan 24]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2859.

Council of Science Editors:

Hu R. Market reactions to animal disease: the case of bovine spongiform encephalopathy discoveries in North America. [Doctoral Dissertation]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2859

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