A Japanese Grains Model

Download or read book A Japanese Grains Model written by Michael Lopez and published by . This book was released on 1986 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extract: Japanese grain yields, areas, production, food demand, feed demand, trade, and government pricing policies are modeled on the basis of data mostly from 1965-79. Grains are classified into rice, wheat, corn, and other coarse grains, with the last often subdivided into barley and other grain. The model is then simulated through 1992, using as exogenous variables projections of Japanese population, Japanese real income, and U.S. grain prices (as proxies for world trade prices). The model's equations are designed for making 5- to 20- year projections, but alternative equations more suited to short-run policy analysis are also presented.