IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-02283454.html
   My bibliography  Save this paper

Optimal auction theory and EC grain exports

Author

Listed:
  • J.M. Bourgeon

    (Inconnu)

  • Y. Le Roux

    (ESR - Unité de recherche d'Économie et Sociologie Rurales - INRA - Institut National de la Recherche Agronomique)

  • . Ohio State University,north Central Regional Research Project Nc-194

    (Ohio State University,North Central Regional Research Project NC-194)

Abstract

Dans le cadre de la politique agricole commune (PAC), les restitutions à l'exportation attribuées majoritairement par adjudications dans le cas des céréales, sont un des éléments-clés du régime des échanges extra-communautaires. Le niveau des restitutions adjugées par la Commission européenne dépend des objectifs commerciaux, politiques et budgétaires de celle-ci. Ces objectifs sont confrontés aux comportements d'offre des opérateurs, donc à la valorisation que ceux-ci attachent aux céréales vendues sur le marché mondial. Les développements récents de l'économétrie des enchères sont utilisés pour modéliser les comportements des offreurs lors d'adjudications hebdomadaires de stocks d'intervention de blé tendre. Les estimations sont faites sous deux hypothèses extrêmes quant à la valorisation du bien mis aux enchères : "valeurs privées" et "valeur commune". Un estimateur des moindres carrés non linéaires simulés est utilisé. La forte dépendance des comportements des opérateurs européens vis-à-vis des prix américains a pu être soulignée. La significativité des coefficients des variables, explicatives de la valeur du bien donc de la stratégie d'offre, est plus satisfaisante sous l'hypothèse de valeur commune.

Suggested Citation

  • J.M. Bourgeon & Y. Le Roux & . Ohio State University,north Central Regional Research Project Nc-194, 1993. "Optimal auction theory and EC grain exports," Post-Print hal-02283454, HAL.
  • Handle: RePEc:hal:journl:hal-02283454
    Note: View the original document on HAL open archive server: https://hal.science/hal-02283454
    as

    Download full text from publisher

    File URL: https://hal.science/hal-02283454/document
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. William W. Wilson & Bruce L. Dahl, 2004. "Transparency and Bidding Competition in International Wheat Trade," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 52(1), pages 89-105, March.
    2. Wilson, William W. & Dahl, Bruce L., 2000. "Import Tenders And Bidding Strategies In Wheat," Agricultural Economics Reports 23285, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Wilson, William W. & Diersen, Matthew A., 2001. "Competitive Bidding On Import Tenders: The Case Of Minor Oilseeds," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(1), pages 1-16, July.
    4. Roeber, Ronald, 2002. "Linear Feedback Between European Wheat Export Refunds And World Wheat Prices," 2002 Annual meeting, July 28-31, Long Beach, CA 19847, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-02283454. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.