IDEAS home Printed from https://ideas.repec.org/p/ags/iaaeo4/197433.html
   My bibliography  Save this paper

Short-Run Demand Elasticity Estimates in International Grain Trade

Author

Listed:
  • Wilde, L. Chase

Abstract

The international market for grains joins economic and political decision making at the national level. Outcomes predicted from the theory of comparative advantage can be potentially swayed by political swayed by political choices as well as technical factors. Empirical estiamtes of import demand elasticities for grains provided in this paper are based on a model that treats domestic agricultural policy as an active ingredient in trading decisions. Results show that domestic pricing, production, and stockholding policies of importing countries can and often do have an impact on demand elasticities at the international level. Taking into consideration the interdependence of domestic policy effects contributes to the development of effective agricultural and foreign policy.

Suggested Citation

  • Wilde, L. Chase, 1987. "Short-Run Demand Elasticity Estimates in International Grain Trade," 1987 Occasional Paper Series No. 4 197433, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaaeo4:197433
    DOI: 10.22004/ag.econ.197433
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/197433/files/agecon-occpapers-1987-057_1_.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.197433?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Thorald K. Warley, 1976. "Agriculture in International Economic Relations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(5), pages 820-830.
    2. Morrow, Daniel T., 1980. "The economics of the international stockholding of wheat:," Research reports 18, International Food Policy Research Institute (IFPRI).
    3. Warley, T.K., 1976. "Agriculture in International Economic Relations," 1976 Annual Meeting, August 15-18, State College, Pennsylvania 283828, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pagoulatos, Emilio, 1981. "Discussion: The Role Of Food And Agriculture In The International Affairs Of The United States," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(1), pages 1-4, July.
    2. Robert Wolfe, 2020. "Yours is Bigger than Mine! Could an Index like the PSE Help in Understanding the Comparative Incidence of Industrial Subsidies?," RSCAS Working Papers 2020/52, European University Institute.
    3. Moon, Wanki & Saldias, Gabriel Pino, 2013. "Public Preferences about Agricultural Protectionism in the US," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150718, Agricultural and Applied Economics Association.
    4. Coffey, Joseph D., 1981. "The Role Of Food In The International Affairs Of The United States," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(1), pages 1-9, July.
    5. Moon, Wanki & Pino, Gabriel & Asirvatham, Jebaraj, 2016. "Agricultural Protection, Domestic Policies, and International Political Economy: What is the Role of the State in Explaining Agricultural Protection?," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236118, Agricultural and Applied Economics Association.
    6. Schuh, G. Edward, 1981. "Economics And International Relations A Conceptual Framework," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279342, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Wanki Moon & Gabriel Pino, 2018. "Do U.S. citizens support government intervention in agriculture? Implications for the political economy of agricultural protection," Agricultural Economics, International Association of Agricultural Economists, vol. 49(1), pages 119-129, January.
    8. Buchholz, H.E., 1982. "Domestic or Regional Price-Income Policies for Farmers in Relation to International Trade," 1982 Conference, August 24-September 2, 1982, Jakarta, Indonesia 182471, International Association of Agricultural Economists.
    9. Ali Naqvi & Miriam Rehm, 2014. "A multi-agent model of a low income economy: simulating the distributional effects of natural disasters," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 9(2), pages 275-309, October.
    10. Barrera, Carlos, 2010. "¿Respuesta asimétrica de precios domésticos de combustibles ante choques en el WTI?," Working Papers 2010-016, Banco Central de Reserva del Perú.
    11. Lee, Heera & Bogner, Christina & Lee, Saem & Koellner, Thomas, 2016. "Crop selection under price and yield fluctuation: Analysis of agro-economic time series from South Korea," Agricultural Systems, Elsevier, vol. 148(C), pages 1-11.

    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:ags:iaaeo4:197433. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    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.