@article{Devadoss:172580,
      recid = {172580},
      author = {Devadoss, S. and Meyers, William H.},
      title = {Variability in wheat export demand elasticity: Policy  implications},
      journal = {Agricultural Economics: The Journal of the International  Association of Agricultural Economists},
      address = {1990-12},
      number = {968-2016-75423},
      pages = {14},
      year = {1990},
      abstract = {Agricultural economists and policy makers in the United  States believe that the magnitude of the
export demand  elasticity is one of the most important parameters used in  farm policy decisions. However,
past empirical estimates  show wide variation in the size of the U.S. export demand  elasticity.
Reasons for this wide variation go beyond  differences in model specification, estimation methods,
and  period of estimation to involve factors such as trade  policies and changes in the supply and demand
conditions of  foreign countries. In view of the continual variation in  magnitude, the elasticity
of export demand should be viewed  as a variable rather than as a parameter. In this study,  U.S. wheat
export demand elasticities are computed using a  world wheat trade model. The estimates show that
the  elasticities vary significantly over time. They also reveal  that elimination of trade barriers would
more than double  wheat export demand elasticities.},
      url = {http://ageconsearch.umn.edu/record/172580},
      doi = {https://doi.org/10.22004/ag.econ.172580},
}