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U.S. Export Response to Prices and the Impacts of Trade Liberalization, The: A Regional Trade Model Analysis

Author

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  • William H. Meyers
  • S. Devadoss
  • Michael D. Helmar

Abstract

Commodity modeling is like many other endeavors in science and in life-we continue to strive for completeness and perfection but may never be satisfied with the current level of our accomplishments. This is a productive attitude, because it always generates incentives for continued effort and progress. An alternative attitude adopted by some of our professional colleagues is agnostic: we do not know the underlying structure of commodity markets and perhaps cannot know it so we might as well give up and fit a reduced-form or a time series model.

Suggested Citation

  • William H. Meyers & S. Devadoss & Michael D. Helmar, 1986. "U.S. Export Response to Prices and the Impacts of Trade Liberalization, The: A Regional Trade Model Analysis," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 86-wp15, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:fpaper:86-wp15
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    Cited by:

    1. Haniotis, Tassos & Ames, Glenn C.W., 1987. "EC Enlargement and US Agricultural Exports," 1989 Occasional Paper Series No. 5 197665, International Association of Agricultural Economists.

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