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A Model of Agricultural Trade for Differentiated Products

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  • Pagoulatos, Emilio
  • Lopez, Elena

Abstract

The model described in this paper was developed to take account of international product differentiation through imperfect substitutability. Utilizing a CRESH function to represent a demand and a supply function appropriate for differentiated products, we arrived at a model for the analysis of the effects on agricultural trade of various government policies.

Suggested Citation

  • Pagoulatos, Emilio & Lopez, Elena, 1983. "A Model of Agricultural Trade for Differentiated Products," Staff Paper Series 239855, University of Florida, Food and Resource Economics Department.
    • Handle: RePEc:ags:uflsps:239855
    DOI: 10.22004/ag.econ.239855
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    File URL: https://ageconsearch.umn.edu/record/239855/files/ufl-sp-240.pdf
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    References listed on IDEAS

    as
    1. Jaime de Melo & Sherman Robinson, 2015. "Trade Policy And Resource Allocation In The Presence Of Product Differentiation," World Scientific Book Chapters, in: Modeling Developing Countries' Policies in General Equilibrium, chapter 16, pages 357-365, World Scientific Publishing Co. Pte. Ltd..
    2. Paul R. Johnson & Thomas Grennes & Marie Thursby, 1979. "Trade Models with Differentiated Products," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 120-127.
    3. Hanoch, Giora, 1971. "CRESH Production Functions," Econometrica, Econometric Society, vol. 39(5), pages 695-712, September.
    4. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
    5. Johnson, Paul R., 1971. "Studies In The Demand For U. S. Exports Of Agricultural Commodities," Department of Economics and Business - Archive 259733, North Carolina State University, Department of Economics.
    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. G. Edward Schuh, 1981. "Economics and International Relations: A Conceptual Framework," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(5), pages 767-778.
    Full references (including those not matched with items on IDEAS)

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    International Relations/Trade;

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