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An Economic Analysis Of Welfare Distribution .Among Trading Countries Under Alternative Market Inperfections

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  • Song, Dae H.
  • Hallberg, Milton C.

Abstract

A model of international trade that permits market imperfections from either exporters or importers is introduced and a quadratic program to find equilibrium. solutions under,alternative .market structures is formulated. A procedure for the welfare analysis of a wheat exporters cartel is outlined.

Suggested Citation

  • Song, Dae H. & Hallberg, Milton C., 1980. "An Economic Analysis Of Welfare Distribution .Among Trading Countries Under Alternative Market Inperfections," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278957, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea80:278957
    DOI: 10.22004/ag.econ.278957
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    References listed on IDEAS

    as
    1. Alex F. McCalla, 1966. "A Duopoly Model of World Wheat Pricing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(3_Part_I), pages 711-727.
    2. Schmitz, Andrew & Bawden, D. Lee, 1973. "The World Wheat Economy: An Empirical Analysis," Monographs, University of California, Davis, Giannini Foundation, number 251914.
    3. Philip C. Abbott, 1979. "Modeling International Grain Trade with Government Controlled Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 22-31.
    4. Colin Carter & Andrew Schmitz, 1979. "Import Tariffs and Price Formation in the World Wheat Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(3), pages 517-522.
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