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Examining Intertemporal Export Elasticities for Wheat, Corn, and Soybeans: A Stochastic Coefficients Approach

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  • Conway, Roger K.

Abstract

The response of export demand to price changes for selected agricultural products did not become elastic over the 1969-77 period. This report is the first to test empirically the hypothesis that, during the 1970's, competition increased and the United States became a marginal exporter of farm products, generating elastic export demand. The author uses a new econometric procedure to assess export demand elasticities for U.S. wheat, corn, and soybeans.

Suggested Citation

  • Conway, Roger K., 1985. "Examining Intertemporal Export Elasticities for Wheat, Corn, and Soybeans: A Stochastic Coefficients Approach," Technical Bulletins 157006, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerstb:157006
    DOI: 10.22004/ag.econ.157006
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    References listed on IDEAS

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    1. Wohlgenant, Michael K., 1983. "Discussion: Assessing Structural Change In The Demand For Food Commodities," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(1), pages 1-3, July.
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    7. Tweeten, Luther G., 1967. "The Demand for United States Farm Output," Food Research Institute Studies, Stanford University, Food Research Institute, vol. 7(3), pages 1-28.
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    Cited by:

    1. Gertel, Karl, 1988. "Farmland Prices: An Example Of Economic Forecasts, Uses, And Limitations," Staff Reports 278051, United States Department of Agriculture, Economic Research Service.
    2. Gardiner, Walter H. & Dixit, Praveen M, 1987. "Price Elasticity of Export Demand: Concepts and Estimates," Foreign Agricultural Economic Report (FAER) 305286, United States Department of Agriculture, Economic Research Service.
    3. Teigen, Lloyd D., 1988. "Agricultural Policy, Technology Adoption, and Farm Structure," Staff Reports 278118, United States Department of Agriculture, Economic Research Service.

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