A note on the substitutability between domestically produced beef and imported United States beef in Japan
Uri, Noel D.; Lin, Biing‐Hwan; Uri, Noel D.; Commodity Economics Division, Economic Research Service, United States Department of Agriculture; Lin, Biing‐Hwan; USDA‐ERS Resources and Technology Division
Журнал:
Farm Economist
Дата:
1992
Аннотация:
AbstractThis paper considers whether top‐grade diary beef produced in Japan and high‐quality beef imports from the USA are components of the same product market. In addressing this issue an approach is used for defining the nature and extent of a product market relying on the concept of instantaneous causality. The results, for selected cuts of beef, suggest that the markets are in fact separate.
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