1999
DOI: 10.1016/s0169-5150(99)00036-5
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Implications of trade reform for agricultural markets in northeast Asia: a Korean example

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Cited by 6 publications
(2 citation statements)
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“…Following Muth (1964), Alston et al (1995) and Sumner et al (1999) I develop a multimarket simulation model to understand the implications of an expansion in the number of guest workers available to U.S. crop agriculture. The model includes supply and demand functions for two crop markets, horticultural crops (denoted with subscript h) and grain crops (denoted with subscript g).…”
Section: Simulation Modelmentioning
confidence: 99%
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“…Following Muth (1964), Alston et al (1995) and Sumner et al (1999) I develop a multimarket simulation model to understand the implications of an expansion in the number of guest workers available to U.S. crop agriculture. The model includes supply and demand functions for two crop markets, horticultural crops (denoted with subscript h) and grain crops (denoted with subscript g).…”
Section: Simulation Modelmentioning
confidence: 99%
“…Overall, it is expected that the elasticity of supply of the inputsnotably for labor and land-is relatively inelastic in response to a policy change that would increase the number of guest workers. The supply elasticity for labor is set equal to 0.2 (Espey and Thilmany, 2000), for land it is set equal to 0.2, and for other inputs it is set equal to 1.0 (Sumner et al, 1999). The Allen input substitution elasticities are initially set equal to zero, but the sensitivity of results to this parameter is also explored with additional simulations.…”
Section: Parameterization Of the Modelmentioning
confidence: 99%