@article{Janzen:211797,
      recid = {211797},
      author = {Janzen, Joseph},
      title = {The Effect of U.S. International Food Aid on Prices for  Dry Peas and Lentils},
      address = {2015},
      number = {1008-2016-80226},
      pages = {19},
      year = {2015},
      abstract = {I estimate the effect of US international food aid  procurement on price in the domestic
US market where food  aid commodities must be procured. This analysis is relevant  to two
outstanding questions: 1. Why do US farmers support  current US food aid policy with regard to
domestic  sourcing? and 2. Does domestic food aid procurement  displace commercial trade? I consider
three commodities,  green peas, yellow peas, and lentils, for which US food aid  procurement
comprises a significant share of demand and  where market analysts suggest that US food aid is  an
important price driver. Using a bivariate vector  autoregression model of prices and procurement
quantities,  I estimate the response of US prices, relative to a global  price benchmark, to shocks to
US food aid procurement. In  general, price response is limited in magnitude, relatively  short-lived,
and only significantly different from zero in  the case of yellow peas.},
      url = {http://ageconsearch.umn.edu/record/211797},
      doi = {https://doi.org/10.22004/ag.econ.211797},
}