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The Effects Of Competition On U.S. Wheat Market Shares In East Asia

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  • Hyun Joung Jin

    (Department of Industrial Economics, College of Industrial Science, Chung-Ang University)

Abstract

The effects of competition between wheat export countries on the U.S. wheat market shares in ten Asian countries are analyzed. The variables are relative forms of the U.S. against Australian and Canadian variables to incorporate the effects of competition among exporters. From the estimation results, we could not find distinct effects of wheat prices, exchange rates, changes of the prices and currency values, and the U.S. export enhancement program on the U.S. wheat export performance. This implies that further studies are needed to analyze other factors beyond these variables for the Asian wheat import market, such as different protein or type of wheat, importing countries¡¯ trading policies, or utilization of the state trading agencies.

Suggested Citation

  • Hyun Joung Jin, 2010. "The Effects Of Competition On U.S. Wheat Market Shares In East Asia," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 35(2), pages 37-55, June.
    • Handle: RePEc:jed:journl:v:35:y:2010:i:2:p:37-55
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    More about this item

    Keywords

    International Wheat Trade; Market Share; Panel Estimation; Panel Unit-Root Test;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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