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Journal of Food Distribution Research >
Volume 43, Number 1, March 2012 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/139464
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| Title: | Oilseed Trade Flows: A Gravity Model Approach to Transportation Impacts |
| Authors: | Xia, Ying
Houston, Jack E.
Escalante, Cesar L.
Epperson, James E. |
| Keywords: | oilseeds trade
gravity models
transportation costs |
| Issue Date: | 2012-03 |
| Abstract: | Oilseeds and oilseed products are vital commodities in international trade, and production has
been rapidly expanded in recent years under the yield growth and demand characteristics linked
to more income-elastic products. Of the global production for major oilseeds, which reached
395.2 million metric tons in 2009, three major producers – the United States, Brazil and China –
account for almost 50 percent. This paper develops a broad trade framework to estimate the impacts
of transportation costs on international oilseeds trade using gravity models. We describe
export and import markets of oilseeds and derived vegetable oils. A Baier and Berstrand gravity
model method (2009), using a Taylor-series expansion, reveals a theoretical relationship between
incomes, trade flows and trading costs through a reduced-form gravity specification. Distance
between two countries and border trade barriers have significant and substantive impacts on the
trade value of oilseeds and oilseeds oils. |
| URI: | http://purl.umn.edu/139464 |
| Institution/Association: | Journal of Food Distribution Research>Volume 43, Number 1, March 2012 |
| Total Pages: | 8 |
| From Page: | 35 |
| To Page: | 42 |
| Collections: | Volume 43, Number 1, March 2012
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| Xia_43_1.pdf | | 267Kb | PDF | View/Open |
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