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Agricultural and Resource Economics Review >
Volume 28, Number 2, October 1999 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/31276
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| Title: | ESTIMATION OF DEMAND FOR WHEAT BY CLASSES FOR THE UNITED STATES AND THE EUROPEAN UNION |
| Authors: | Mohanty, Samarendu
Peterson, E. Wesley F. |
| Issue Date: | 1999-10 |
| Abstract: | This study estimates demand for wheat differentiated by classes using a dynamic AIDS model for the United States and the European Union (EU). The results suggest that imported wheat is more price responsive than domestic wheat in the U.S. market but not in the EU market. This may suggest that the Canadian policy that reduces prices of Canadian wheat in the U.S. market or U.S. export subsidies that raise prices of U.S, wheat could be expected to give rise to substantial substitution of Canadian for U.S. wheat. It is also found that in the EU, complementary relationships exist between spring and other wheat groups, This complementary relationship between the lower and higher quality wheat in the EU is not surprising because EU millers blend cheaper wheat such as EU common wheat and U.S. other wheat with high protein (spring) to obtain the preferred characteristics. |
| URI: | http://purl.umn.edu/31276 |
| Institution/Association: | Agricultural and Resource Economics Review>Volume 28, Number 2, October 1999 |
| Total Pages: | 11 |
| Language: | English |
| Journal Issue : | Agricultural Resource Economics Review |
| Journal Volume: | 28 |
| Journal Date: | October 1999 |
| From Page: | 158 |
| To Page: | 168 |
| Collections: | Volume 28, Number 2, October 1999
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| 28020158.pdf | 967Kb | PDF | View/Open |
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