Agricultural Economics Department

 

First Advisor

Lia Nogueira

Second Advisor

Kathleen Brooks

Date of this Version

Summer 7-2018

Document Type

Thesis

Citation

A thesis presented to the faculty of the Graduate College at the University of Nebraska in partial fulfillment of requirements for the degree of Master of Science

Major: Agricultural Economics

Under the supervision of Professors Lia Nogueira and Kathleen Brooks

Lincoln, Nebraska, July 2018

Comments

Copyright 2018, Vanessa De Oliveira

Abstract

Domestic and export demand for distillers’ dried grains (DDG) has increased since the early 2000s. DDG have become an important component of livestock feed given its nutritional value and competitive price. Over the last decade, China has become one of the major export destinations for U.S. DDG. However, there have been recent changes in trade policies in China. In this thesis, we develop an inverse demand equation to analyze the impact of China’s policies on U.S. DDG prices. The model contributes to the literature by incorporating domestic and international demand through which exogenous shocks, such as China’s trade barriers, may affect U.S. DDG prices. Our results provide evidence that U.S. DDG prices are significantly lower during the time that anti-dumping and countervailing duties are in place.

Advisors: Lia Nogueira and Kathleen Brooks

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