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Import Demand for Shelled Peanuts in the European Union: Impacts of the U.S. Export Promotion Program AgEcon
Boonsaeng, Tullaya; Fletcher, Stanley M..
The objective of this study is to propose a system of input demand functions consistent with the theory of the firm where promotion is treated as an information input in the production function. The empirical model is applied to the European Union (EU) input demand for shelled peanuts. The information input is measured as Euros spent on the U.S. Foreign Market Development program (FMD) on peanuts by the U.S. in the EU market. We find that the FMD program had a positive effect on the EU demand for U.S. shelled peanuts. This result suggests that the information provided to manufactures through the FMD has helped to increase the demand for shelled U.S. peanuts in the EU markets. The estimated marginal return of U.S. export promotion expenditures on the FMD...
Tipo: Conference Paper or Presentation Palavras-chave: Input demand; Shelled peanuts; U.S. Foreign Market Development Program; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/6549
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The Effect of the U.S. Foreign Market Development Program on Import Demand for Shelled Peanuts in the European Union AgEcon
Boonsaeng, Tullaya; Fletcher, Stanley M..
The main objective of this research is to evaluate the effectiveness of the U.S. Foreign Market Development (FMD) program on the European Union imported demand for shelled peanuts. We find that the FMD program had a positive effect on the EU demand for U.S. shelled peanuts. This result suggests that the information provided to manufactures through the FMD has helped to maintain U.S. peanuts in the EU markets. The marginal return per EURO dollars of U.S. export promotion expenditures on the FMD program is 277 EURO dollars for U.S. shelled peanuts.
Tipo: Conference Paper or Presentation Palavras-chave: Factor demand; Shelled peanuts; U.S. Foreign Market Development Program; Demand and Price Analysis; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/6735
Registros recuperados: 2
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