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The Potential For High-Value Agricultural Products Under The North American Free Trade Agreement: The Case of Beef in Mexico and Canada

Published online by Cambridge University Press:  28 April 2015

Okwudili O. Onianwa
Okwudili O. Onianwa*
Affiliation:
Alabama A&M University
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Abstract

The prospects for U.S. beef products in the advent of a North American Free Trade Agreement were examined using a system-wide approach to import allocation. Results indicate that increases in the standard of living in Mexico and Canada would stimulate increased importation of processed and unprocessed beef products. Bulk beef product in both countries had expenditure elasticities greater than one, while semi-processed and highly processed beef products had expenditure elasticities of less than one.

Keywords

bulkhigh-valuehighly processedimport shareNAFTAsemi-processed
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 27 , Issue 2 , December 1995 , pp. 377 - 385
Copyright
Copyright © Southern Agricultural Economics Association 1995

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