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Measuring international competitiveness in the beef sector
Author(s) -
Hayes Dermot J.,
Green John R.,
Jensen Helen H.,
Erbach Adrienne
Publication year - 1991
Publication title -
agribusiness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.57
H-Index - 43
eISSN - 1520-6297
pISSN - 0742-4477
DOI - 10.1002/1520-6297(199107)7:4<357::aid-agr2720070405>3.0.co;2-b
Subject(s) - commodity , economics , beef industry , agricultural economics , international economics , industrial organization , international trade , market economy
Beef is a heterogenous commodity, which makes it difficult to compare beef prices on an international level. This article evaluates several methods of comparing beef prices for use in measuring both comparative advantage and the rate of protection. The most suitable method is one that compares the prices of wholesale cuts, adjusted for transportation costs.