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Quality and price competition in international wheat trade: A case study of the United Kingdom wheat import market

Author

Listed:
  • William W. Wilson

    (Department of Agricultural Economics, North Dakota State University)

  • Todd Preszler

    (Department of Agricultural Economics, North Dakota State University)

Abstract

The input characteristic model (ICM) was used to analyze impacts of price and quality on competition in international wheat trade. The model was applied to a UK processor that produces flour with domestically produced wheat and imported hard wheats. Results are used to identify critical quality parameters and the impact of relative prices on import demand. © 1993 John Wiley & Sons, Inc.

Suggested Citation

  • William W. Wilson & Todd Preszler, 1993. "Quality and price competition in international wheat trade: A case study of the United Kingdom wheat import market," Agribusiness, John Wiley & Sons, Ltd., vol. 9(4), pages 377-389.
  • Handle: RePEc:wly:agribz:v:9:y:1993:i:4:p:377-389
    DOI: 10.1002/1520-6297(199307)9:4<377::AID-AGR2720090408>3.0.CO;2-N
    as

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    References listed on IDEAS

    as
    1. George W. Ladd & Marvin B. Martin, 1976. "Prices and Demands for Input Characteristics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(1), pages 21-30.
    2. Wilson, William W. & Orr, David, 1989. "The Grain Marketing System and Wheat Quality in Australia," Miscellaneous Publications 257269, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Wilson, William W. & Hill, Lowell D., 1989. "The Grain Marketing System and Wheat Quality in France," Miscellaneous Publications 257270, North Dakota State University, Department of Agribusiness and Applied Economics.
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