NONCOMPETITIVE PRICING AND EXCHANGE RATE PASS-THROUGH IN SELECTED U.S. AND THAI RICE MARKETS

A "pricing to market" international trade model is applied to U.S. and Thai rice exports to high and middle income countries that are continuous rice importers. These markets are characterized by strong quality preferences and highly inelastic demand, and thus exporters may exercise market power. Evidence of noncompetitive pricing either through price discrimination across destinations or through imperfect exchange rate pass-through is found in this small but growing segment of the international rice trade.


Issue Date:
1994-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/15183
Published in:
Journal of Agricultural and Applied Economics, Volume 26, Number 2
Page range:
406-416
Total Pages:
11




 Record created 2017-04-01, last modified 2017-10-15

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