FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3010010955> ?p ?o ?g. }

• W3010010955 endingPage "144" @default.
• W3010010955 startingPage "131" @default.
• W3010010955 abstract "Purpose - The purpose of this study was to investigate market power of soybeans exported by the United States to Korea. Particularly, this paper considered dichotomous characteristics of genetically modified (GM) soybeans and non-GM soybeans and conducted empirical analysis of these two segregated soybean markets to understand key tenets of market power in international soybean trade. Design/methodology - The difference in market power between GM and non-GM soybeans was analyzed using Residual Demand Elasticity (RDE) and Residual Supply Elasticity (RSE) models over the period of 2008~2018. RDE and RSE models under an imperfect competition condition were used to estimate market margins and determine whether GM and non-GM exporters or importers exercised market power in the destination market. Findings - Empirical results suggested that the U.S. had a market power on both GM and non-GM soybean exports. GM exports had greater market power than non-GM exports (14% vs. 9%). By contrast, Korea showed an inability to grab market margin or exert market power in soybean imports. Both export supply by the U.S. and import demand by Korea were found to be more responsive to price changes of GM soybeans than to prices changes of non-GM soybeans. This might be due to a self-interested, profit-seeking strategy by the exporter and many concerned consumers regarding potential adverse effects of GMOs in the importing country. Originality/value - This paper fills the literature gap by exploiting market power in both GM and non-GM markets with explicit consideration of price correlations between GM and non-GM soybeans in Korea. A number of existing studies have provided evidence for market power broadly embedded in international commodity trade. However, studies focusing on Korean markets are limited. No study has explored the country’s soybean trade. Furthermore, the majority of prior studies have almost exclusively focused on the market power from a standpoint of exporting countries without discussing importers’ market structure. This paper also sought to understand potentially distinguished patterns of market power between GM and non-GM markets." @default.
• W3010010955 created "2020-03-13" @default.
• W3010010955 creator A5001801825 @default.
• W3010010955 creator A5063307161 @default.
• W3010010955 date "2019-10-31" @default.
• W3010010955 modified "2023-09-25" @default.
• W3010010955 title "Market Power of Genetically Modified Soybeans Traded Between the United States and Korea" @default.
• W3010010955 doi "https://doi.org/10.35611/jkt.2019.23.6.131" @default.
• W3010010955 hasPublicationYear "2019" @default.
• W3010010955 type Work @default.
• W3010010955 sameAs 3010010955 @default.
• W3010010955 citedByCount "1" @default.
• W3010010955 countsByYear W30100109552023 @default.
• W3010010955 crossrefType "journal-article" @default.
• W3010010955 hasAuthorship W3010010955A5001801825 @default.
• W3010010955 hasAuthorship W3010010955A5063307161 @default.
• W3010010955 hasConcept C120330832 @default.
• W3010010955 hasConcept C155739000 @default.
• W3010010955 hasConcept C162324750 @default.
• W3010010955 hasConcept C175444787 @default.
• W3010010955 hasConcept C181622380 @default.
• W3010010955 hasConcept C2775881736 @default.
• W3010010955 hasConcept C2777098679 @default.
• W3010010955 hasConcept C2779713992 @default.
• W3010010955 hasConcept C2781127519 @default.
• W3010010955 hasConcept C48824518 @default.
• W3010010955 hasConcept C51355593 @default.
• W3010010955 hasConceptScore W3010010955C120330832 @default.
• W3010010955 hasConceptScore W3010010955C155739000 @default.
• W3010010955 hasConceptScore W3010010955C162324750 @default.
• W3010010955 hasConceptScore W3010010955C175444787 @default.
• W3010010955 hasConceptScore W3010010955C181622380 @default.
• W3010010955 hasConceptScore W3010010955C2775881736 @default.
• W3010010955 hasConceptScore W3010010955C2777098679 @default.
• W3010010955 hasConceptScore W3010010955C2779713992 @default.
• W3010010955 hasConceptScore W3010010955C2781127519 @default.
• W3010010955 hasConceptScore W3010010955C48824518 @default.
• W3010010955 hasConceptScore W3010010955C51355593 @default.
• W3010010955 hasIssue "6" @default.
• W3010010955 hasLocation W30100109551 @default.
• W3010010955 hasOpenAccess W3010010955 @default.
• W3010010955 hasPrimaryLocation W30100109551 @default.
• W3010010955 hasRelatedWork W1988948248 @default.
• W3010010955 hasRelatedWork W2041894430 @default.
• W3010010955 hasRelatedWork W2058382542 @default.
• W3010010955 hasRelatedWork W2062884468 @default.
• W3010010955 hasRelatedWork W2155907789 @default.
• W3010010955 hasRelatedWork W2292074081 @default.
• W3010010955 hasRelatedWork W3010010955 @default.
• W3010010955 hasRelatedWork W3123204599 @default.
• W3010010955 hasRelatedWork W3145090956 @default.
• W3010010955 hasRelatedWork W3153613569 @default.
• W3010010955 hasVolume "23" @default.
• W3010010955 isParatext "false" @default.
• W3010010955 isRetracted "false" @default.
• W3010010955 magId "3010010955" @default.
• W3010010955 workType "article" @default.