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Japanese Demand For Wheat Protein Quantity And Quality

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  • Stiegert, Kyle W.
  • Blanc, Jean-Pierre

Abstract

Ladd and Martin's hedonic pricing model is extended to include the interactive effect of noncontracted characteristics on the value of contracted characteristics. Marginal values of wheat protein in the Japanese import market are estimated using the interactive effects of noncontracted dough/flour characteristics typically proxied by protein. Protein value is linked positively to farinograph stability, a prime factor in blending different flours. Three high protein wheats maintained about the same marginal value of protein. The marginal value for the two low protein wheats appear more end-use dependant. They varied in a $2.00/ton range depending on protein absorption, stability, and extensibility.

Suggested Citation

  • Stiegert, Kyle W. & Blanc, Jean-Pierre, 1997. "Japanese Demand For Wheat Protein Quantity And Quality," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(01), July.
  • Handle: RePEc:ags:jlaare:31004
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    File URL: http://purl.umn.edu/31004
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    References listed on IDEAS

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    1. Wilson, William W., 1994. "Demand For Wheat Classes By Pacific Rim Countries," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(01), July.
    2. Wilson, William W. & Gallagher, Paul W., 1990. "Quality Differences And Price Responsiveness Of Wheat Class Demands," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(02), December.
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    Citations

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    Cited by:

    1. Stiegert, Kyle W. & Wang, Shinn-Shyr, 2003. "Imperfect Competition And Strategic Trade Theory: What Have We Learned," Working Papers 14589, International Agricultural Trade Research Consortium.
    2. Goodwin, Barry K. & Smith, Vincent H., 2009. "Harvest-Time Protein Shocks and Price Adjustment in U.S. Wheat Markets," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 34(2), August.
    3. Fengxia Dong & Thomas L. Marsh & Kyle W. Stiegert, 2003. "State Trading Enterprises in a Differentiated Environment: The Case of Global Malting Barley Markets," Food and Agricultural Policy Research Institute (FAPRI) Publications 03-wp350, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
    4. Rakesh Paliwal & Gejo Geevarghese & P. Ram Babu & P. Khanna, 1999. "Valuation of Landmass Degradation Using Fuzzy Hedonic Method: A Case Study of National Capital Region," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 14(4), pages 519-543, December.
    5. Parcell, Joseph L. & Stiegert, Kyle W., 2001. "Japanese Demand For Wheat Characteristics: A Market Share Approach," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36103, Western Agricultural Economics Association.
    6. Balzer, Brian & Stiegert, Kyle W., 1999. "The European Union-United States Wheat Gluten Policy Dispute," Journal of Food Distribution Research, Food Distribution Research Society, vol. 30(2), July.
    7. Fengxia Dong & Thomas L. Marsh & Kyle W. Stiegert, 2006. "State Trading Enterprises in a Differentiated Product Environment: The Case of Global Malting Barley Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(1), pages 90-103.
    8. Lavoie, Nathalie, 2002. "An Empirical Evaluation Of The Canadian Wheat Board'S Ability To Price Discriminate In Bread Wheat Exports," 2002 Annual meeting, July 28-31, Long Beach, CA 19646, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Lavoie, Nathalie, 2001. "Price Discrimination In The Context Of Vertical Differentiation: A Modeling Approach For Wheat Exports," 2001 Annual meeting, August 5-8, Chicago, IL 20603, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Lavoie, Nathalie, 2002. "Price Discrimination in the Context of Vertical Differentiation: An Application to Canadian Wheat Exports," Research Reports 25210, University of Connecticut, Food Marketing Policy Center.
    11. Wachenheim, Cheryl J. & Nganje, William E. & Kaitibie, Simeon & Johnston, Gretchen, 2005. "Consumer Willingness to Pay for Breads Marketed as "Low-Carbohydrate"," 2005 Annual meeting, July 24-27, Providence, RI 19428, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Parcell, Joseph L. & Stiegert, Kyle W., 1998. "Competition For U.S. Hard Wheat Characteristics," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(01), July.
    13. Stiegert, Kyle W. & Peng, Hsing Ming, 1998. "Liberalization Of The Taiwan Wheat Milling Industry," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IFAMA), vol. 1(02).
    14. Schmitz, Troy G. & Wahl, Thomas I., 1998. "A System-Wide Approach For Analyzing Japanese Wheat Import Allocation Decisions," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20780, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    15. Saito, Yoko & Saito, Hisamitsu & Kondo, Takumi & Osanami, Fumio, 2009. "Quality-oriented technical change in Japanese wheat breeding," Research Policy, Elsevier, vol. 38(8), pages 1365-1375, October.

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    Keywords

    Demand and Price Analysis;

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