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Please use this identifier to cite or link to this item: http://purl.umn.edu/53744

Title: Competitive Analysis and Market Power of China’s Soybean Import Market
Authors: Song, Baohui
Marchant, Mary A.
Reed, Michael R.
Xu, Shuang
Authors (Email): Song, Baohui (bsong@csuchico.edu)
Marchant, Mary A. (mmarchan@vt.edu)
Reed, Michael R. (mrreed@uky.edu)
Xu, Shuang (sxu@csuchico.edu)
Keywords: Chinese soybean import market
competitive structure analysis
market power
two-country partial equilibrium trade model
JEL Codes: Q10
Q12
Q17
Issue Date: 2009-02-15
Abstract: This research conducts a competitive structure analysis of the Chinese soybean import market which leads to the hypothesis that China’s soybean importers may have stronger market power in China’s soybean import market. Then, this research develops and simultaneously estimates a two-country partial equilibrium trade model to test U.S.-China market power of soybean trade. The empirical result supports our hypothesis that Chinese soybean importers have stronger market power relative to U.S. soybean exporters. This Chinese market power can be countered by U.S. and South American companies through developing new and expanding existing markets for soybeans throughout the world and investing in Chinese soybean storage and crushing capacity.
URI: http://purl.umn.edu/53744
Institution/Association: International Food and Agribusiness Management Review>Volume 12, Issue 1, 2009
Total Pages: 22
From Page: 21
To Page: 42
Collections:Volume 12, Issue 1, 2009

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