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Estimation Of Market Power In The U.S. Soybean Export Markets

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Listed:
  • Song, Baohui
  • Veeramani, Venkat N.
  • Marchant, Mary A.
  • Xu, Shuang

Abstract

Soybean exports are crucial for the survival of the U.S. soybean industry. Price flexibility of the U.S. reversed residual supply function is used to test the market power in U.S. soybean export markets. Results indicated that the market power of the U.S. soybean export markets is highly sensitive to the U.S. exporters' transaction costs.

Suggested Citation

  • Song, Baohui & Veeramani, Venkat N. & Marchant, Mary A. & Xu, Shuang, 2004. "Estimation Of Market Power In The U.S. Soybean Export Markets," 2004 Annual meeting, August 1-4, Denver, CO 20311, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20311
    DOI: 10.22004/ag.econ.20311
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    References listed on IDEAS

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    3. Goldberg, Pinelopi Koujianou & Knetter, Michael M., 1999. "Measuring the intensity of competition in export markets," Journal of International Economics, Elsevier, vol. 47(1), pages 27-60, February.
    4. Philip C. Abbott & Panu K. S. Kallio, 1996. "Implications of Game Theory for International Agricultural Trade," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 738-744.
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