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Demand Elasticities for Soybean Meal in the European Community

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  • Hill, Lowell D.
  • Knipscheer, Hendrick C.

Abstract

An econometric model provided estimates of the effects of E.C. agricultural policies on their demand for U.S. soybeans. Disaggregating world soybean demand into geographical regions improved elasticity estimates over previous studies with respect to substitutes, own price, and profitability index. E.C. mills powder surpluses had significant but negative small effects on U.S. soybean exports.

Suggested Citation

  • Hill, Lowell D. & Knipscheer, Hendrick C., 1980. "Demand Elasticities for Soybean Meal in the European Community," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278476, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea80:278476
    DOI: 10.22004/ag.econ.278476
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    File URL: https://ageconsearch.umn.edu/record/278476/files/aaea-1980-036.pdf
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    References listed on IDEAS

    as
    1. Wallace, T D & Hussain, Ashiq, 1969. "The Use of Error Components Models in Combining Cross Section with Time Series Data," Econometrica, Econometric Society, vol. 37(1), pages 55-72, January.
    2. Maury E. Bredahl & William H. Meyers & Keith J. Collins, 1979. "The Elasticity of Foreign Demand for U.S. Agricultural Products: The Importance of the Price Transmission Elasticity," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 58-63.
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    Cited by:

    1. Baffes, John & Houston, Jack E. & Ames, Glenn C. W., 1987. "A Continuous Time Disequilibrium Model for the World Soybean Meal Market," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269960, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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