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An Export-Side Armington Model and Trade Liberalization in the World Wheat Market

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  • Kim, C.S.
  • Lin, William W.

Abstract

This paper develops and applies an export-side international trade model to analyze economic gains resulting from trade liberalization in the world wheat market. Major policy variables in the analysis include the removal of producer and consumer subsidy equivalents in industrialized countries. Estimated gains are substantial for all exporting countries ranging from $5.32 million for Argentina to $4.24 billion for the United States.

Suggested Citation

  • Kim, C.S. & Lin, William W., 1990. "An Export-Side Armington Model and Trade Liberalization in the World Wheat Market," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 42(3), pages 1-10.
    • Handle: RePEc:ags:uersja:139031
    DOI: 10.22004/ag.econ.139031
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    References listed on IDEAS

    as
    1. Paul R. Johnson & Thomas Grennes & Marie Thursby, 1977. "Devaluation, Foreign Trade Controls, and Domestic Wheat Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(4), pages 619-627.
    2. Maury E. Bredahl & William H. Meyers & Keith J. Collins, 1979. "The Elasticity of Foreign Demand for U.S. Agricultural Products: The Importance of the Price Transmission Elasticity," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 58-63.
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