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Gallagher, Paul W.. |
This article explores the supposition that international price margins in the U.S. Pacific Northwest-Japan softwood trade are influenced by nontariff trade barriers and inelastic supplies of international transportation services. Furthermore, it pursues the hypothesis that a regime separation occurs in the log trade with the existence and extent of rent creation related to conditions in the export market. Estimated price spreads which depend on trade volume serve as evidence. These factors magnify elasticities that measure the response of Japan's prices to changes in U.S. prices. Moreover, U.S. supplies on this market are more price-inelastic than its sheer size would suggest. |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade. |
Ano: 1983 |
URL: http://purl.umn.edu/32097 |
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Wilson, William W.; Gallagher, Paul W.. |
Price responsiveness and preferences for wheat classes are measured using a Case function specification. Results indicate there have been numerous changes in market shares of wheat classes from different exporters in specific markets. In general, quality differentials are important in some international markets; in others, relative prices are more important in determining market shares. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
Ano: 1990 |
URL: http://purl.umn.edu/32059 |
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