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Examining Intertemporal Export Elasticities for Wheat, Corn, and Soybeans: A Stochastic Coefficients Approach

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  • Conway, Roger K.

Abstract

The response of export demand to price changes for selected agricultural products did not become elastic over the 1969-77 period. This report is the first to test empirically the hypothesis that, during the 1970's, competition increased and the United States became a marginal exporter of farm products, generating elastic export demand. The author uses a new econometric procedure to assess export demand elasticities for U.S. wheat, corn, and soybeans.

Suggested Citation

  • Conway, Roger K., 1985. "Examining Intertemporal Export Elasticities for Wheat, Corn, and Soybeans: A Stochastic Coefficients Approach," Technical Bulletins 157006, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerstb:157006
    DOI: 10.22004/ag.econ.157006
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    References listed on IDEAS

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    1. Wohlgenant, Michael K., 1983. "Discussion: Assessing Structural Change In The Demand For Food Commodities," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(1), pages 1-3, July.
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    Cited by:

    1. Teigen, Lloyd D., 1988. "Agricultural Policy, Technology Adoption, and Farm Structure," Staff Reports 278118, United States Department of Agriculture, Economic Research Service.
    2. Gertel, Karl, 1988. "Farmland Prices: An Example Of Economic Forecasts, Uses, And Limitations," Staff Reports 278051, United States Department of Agriculture, Economic Research Service.
    3. Gardiner, Walter H. & Dixit, Praveen M, 1987. "Price Elasticity of Export Demand: Concepts and Estimates," Foreign Agricultural Economic Report (FAER) 305286, United States Department of Agriculture, Economic Research Service.

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