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| Lee, Jung-Hee; Henneberry, David; Pyles, David. |
| This study determined probable future directions in U.S. value-added agricultural exports to middle-income developing countries (MIDCs) under the assumption of continued income growth. Import share equations for U.S. bulk, semi-processed and value-added wheat or beef products, as a percent of total U.S. wheat or beef product exports to each MIDC, were econometrically estimated using the ordinary least squares (OLS) technique. The empirical results indicate that in most MIDCs, increases in real per capita income have negative effects on the import share of processed wheat products while having positive effects on the import share of bulk wheat. However, import shares of U.S. processed beef products are likely to increase with income growth in most MIDCs. |
| Tipo: Journal Article |
Palavras-chave: International Relations/Trade. |
| Ano: 1991 |
URL: http://purl.umn.edu/30061 |
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| Krause, Mark A.; Lee, Jung-Hee; Koo, Won W.. |
| Wheat acreage responses to expected wheat price and price risk are reversed for program and nonprogram-planted acreage in the northern plains, central plains, southern plains, and U.S. Expected wheat price has a strong negative effect on program-complying wheat acreage. Government support prices have a positive effect on program-complying and program-planted acreage. Price risk has a positive effect on program-complying wheat acreage and a negative effect on nonprogram-planted acreage. Estimated price elasticities are higher than in studies where risk was ignored. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Risk and Uncertainty. |
| Ano: 1995 |
URL: http://purl.umn.edu/30930 |
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