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An Empirical Analysis of Rice Exports Using the Export Supply Function: The Case of Major Rice Exporting Countries

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  • Kang, Hyunsoo

Abstract

The paper analyzes the relationship between rice exports and economic growth for the world's top four exporting countries (Thailand, Vietnam, India, and U.S.). The main objective of this paper is to determine to what extent economic growth impacts the countries’ rice export. The three stage least squares method is used to estimate the simultaneous relationship between the rice export and the economic growth. Results show that the elasticity of rice export price on export volume is shown be inelastic, and economic growth of major rice exporting countries have contribute to increase of rice export volume.

Suggested Citation

  • Kang, Hyunsoo, 2009. "An Empirical Analysis of Rice Exports Using the Export Supply Function: The Case of Major Rice Exporting Countries," Journal of Rural Development/Nongchon-Gyeongje, Korea Rural Economic Institute, vol. 32(01), May.
    • Handle: RePEc:ags:jordng:330396
    DOI: 10.22004/ag.econ.330396
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    Keywords

    International Relations/Trade;

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