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High-Value Products: Growing U.S. and EC Competition in World Markets

Author

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  • Elleson, Ruth

Abstract

This study examines competition between the U.S. and the European Community (EC) in world markets for high-value agricultural products (HVPs). The EC and the United States are the world's largest exporters of HVPs. A comparison of U.S. and EC •export shares during 1970-87 shows that the EC; the world's leading exporter of high-value products, has successfully competed against the United States for a number of leading processed products including dairy products, meat, and flourd EC agricultural exports have benefited for many years from subsidies which make their HVP exports competitive in world markets. The United States, with its plentiful supply of high-quality, low-priced inputs and efficient processing capacity has the potential for increasing its share of the HVP market. While U.S. policy changes authorized under the 1985 Farm Bill and the lower dollar have bOosted U.S. HVP exports; future expansion will depend upon U.S. competitiveness and changes in foreign demand.

Suggested Citation

  • Elleson, Ruth, 1990. "High-Value Products: Growing U.S. and EC Competition in World Markets," Staff Reports 278285, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278285
    DOI: 10.22004/ag.econ.278285
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    File URL: https://ageconsearch.umn.edu/record/278285/files/ers-report-451.pdf
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    Cited by:

    1. Burfisher, Mary E. & Missiaen, Margaret B. & Blackman, Allen, 1991. "Less Developed Countries' Performance in High-Value Agricultural Trade," Staff Reports 278521, United States Department of Agriculture, Economic Research Service.
    2. Krause, Joyce Hall & Wilson, William W. & Dooley, Frank J., 1993. "U.S. Exports of Value-added Wheat Products: Recent Trends and Contributing Factors," Agricultural Economics Reports 23390, North Dakota State University, Department of Agribusiness and Applied Economics.

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