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An Economic Analysis Of Welfare Distribution .Among Trading Countries Under Alternative Market Inperfections

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  • Song, Dae H.
  • Hallberg, Milton C.

Abstract

A model of international trade that permits market imperfections from either exporters or importers is introduced and a quadratic program to find equilibrium. solutions under,alternative .market structures is formulated. A procedure for the welfare analysis of a wheat exporters cartel is outlined.

Suggested Citation

  • Song, Dae H. & Hallberg, Milton C., 1980. "An Economic Analysis Of Welfare Distribution .Among Trading Countries Under Alternative Market Inperfections," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278957, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea80:278957
    DOI: 10.22004/ag.econ.278957
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    References listed on IDEAS

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    1. Philip C. Abbott, 1979. "Modeling International Grain Trade with Government Controlled Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 22-31.
    2. Colin Carter & Andrew Schmitz, 1979. "Import Tariffs and Price Formation in the World Wheat Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(3), pages 517-522.
    3. Alex F. McCalla, 1966. "A Duopoly Model of World Wheat Pricing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(3_Part_I), pages 711-727.
    4. Schmitz, Andrew & Bawden, D. Lee, 1973. "The World Wheat Economy: An Empirical Analysis," Monographs, University of California, Davis, Giannini Foundation, number 251914, December.
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