Productivity growth, catching-up and uncertainty in China’s meat trade

The potential role of China as a major importer of agricultural products, and the likely impact on world markets has been a topic of considerable debate over the past decade. In this paper, we focus specifically on the livestock sector and develop a detailed analysis of productivity growth in China’...

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Main Authors: Nin-Pratt, Alejandro, Hertel, Thomas W., Foster, K., Rae, A.
Format: Journal Article
Language:Inglés
Published: Wiley 2004
Online Access:https://hdl.handle.net/10568/3818
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author Nin-Pratt, Alejandro
Hertel, Thomas W.
Foster, K.
Rae, A.
author_browse Foster, K.
Hertel, Thomas W.
Nin-Pratt, Alejandro
Rae, A.
author_facet Nin-Pratt, Alejandro
Hertel, Thomas W.
Foster, K.
Rae, A.
author_sort Nin-Pratt, Alejandro
collection Repository of Agricultural Research Outputs (CGSpace)
description The potential role of China as a major importer of agricultural products, and the likely impact on world markets has been a topic of considerable debate over the past decade. In this paper, we focus specifically on the livestock sector and develop a detailed analysis of productivity growth in China’s pig and poultry production along with projections of China’s likely meat trade in the year 2010. We use a general equilibrium model which permits us to explore the sensitivity of our projections to macro-economic uncertainty as well as uncertainty in livestock productivity growth rates. Our analysis shows that China’s net trade position is very sensitive to both of these factors. With high livestock productivity growth and a slow-down in the rest of the economy, China could be a substantial competitor in export markets by 2010. On the other hand, slow productivity growth in livestock production, coupled with a rapidly growing macro-economy could transform China into a major market for future meat exports.
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spelling CGSpace38182025-04-07T18:19:49Z Productivity growth, catching-up and uncertainty in China’s meat trade Nin-Pratt, Alejandro Hertel, Thomas W. Foster, K. Rae, A. The potential role of China as a major importer of agricultural products, and the likely impact on world markets has been a topic of considerable debate over the past decade. In this paper, we focus specifically on the livestock sector and develop a detailed analysis of productivity growth in China’s pig and poultry production along with projections of China’s likely meat trade in the year 2010. We use a general equilibrium model which permits us to explore the sensitivity of our projections to macro-economic uncertainty as well as uncertainty in livestock productivity growth rates. Our analysis shows that China’s net trade position is very sensitive to both of these factors. With high livestock productivity growth and a slow-down in the rest of the economy, China could be a substantial competitor in export markets by 2010. On the other hand, slow productivity growth in livestock production, coupled with a rapidly growing macro-economy could transform China into a major market for future meat exports. 2004-07 2011-06-02T11:37:18Z 2011-06-02T11:37:18Z Journal Article https://hdl.handle.net/10568/3818 en Limited Access Wiley Nin, A., Hertel, T.W., Foster, K. and Rae, A. 2004. Productivity growth, catching-up and uncertainty in China’s meat trade. Agricultural Economics 31(1): 1-16.
spellingShingle Nin-Pratt, Alejandro
Hertel, Thomas W.
Foster, K.
Rae, A.
Productivity growth, catching-up and uncertainty in China’s meat trade
title Productivity growth, catching-up and uncertainty in China’s meat trade
title_full Productivity growth, catching-up and uncertainty in China’s meat trade
title_fullStr Productivity growth, catching-up and uncertainty in China’s meat trade
title_full_unstemmed Productivity growth, catching-up and uncertainty in China’s meat trade
title_short Productivity growth, catching-up and uncertainty in China’s meat trade
title_sort productivity growth catching up and uncertainty in china s meat trade
url https://hdl.handle.net/10568/3818
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AT raea productivitygrowthcatchingupanduncertaintyinchinasmeattrade