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Please use this identifier to cite or link to this item: http://purl.umn.edu/136073

Title: Price, Quality, and International Agricultural Trade
Authors: Woods, Darian
Keywords: agriculture
trade
prices
quality
market power
Issue Date: 2012-08
Abstract: The average value of a particular class of agricultural exports varies widely across different destinations. In the event of a supply shock, such as the implementation of the Emissions Trading Scheme, can farmers offset higher costs by raising their average prices by contracting exports to lower value destinations? If the difference in value reflects different prices because producers have market power, the answer will be ―yes‖. If the difference in value reflects differences in the quality of goods exported to different destinations, the answer is ―no.‖ While not definitive, there is little support for the hypothesis that exports are curtailed.
URI: http://purl.umn.edu/136073
Institution/Association: New Zealand Agricultural and Resource Economics Society>2012 Conference, August 31, 2012, Nelson, New Zealand
Total Pages: 45
Collections:2012 Conference, August 31, 2012, Nelson, New Zealand

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