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Volume 43, Number 1, March 2012 >
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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|
|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.|
|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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