IDEAS home Printed from https://ideas.repec.org/a/ags/sojoae/30291.html
   My bibliography  Save this article

The Structure Of International Demand For Soybean Products

Author

Listed:
  • Heien, Dale
  • Pick, Daniel H.

Abstract

This study used a new body of quarterly data to estimate multilateral import demand relations for soybeans and soymeal. The countries of origin were the United States, Brazil, and Argentina. The areas of destination were the EEC, Japan, and Eastern Europe. The results indicated that own- and cross-price elasticities were quite large. These demand relations were then inverted and solved for prices to examine the effect on total revenue of increases in supplies from each of the exporting countries. Results showed that, in all cases except one, own-total revenue was inflexible with respect to increase in the own-quantity supplied. These results imply that an increase in exports will be associated with smaller proportional increase in revenue from exports.

Suggested Citation

  • Heien, Dale & Pick, Daniel H., 1991. "The Structure Of International Demand For Soybean Products," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(01), July.
  • Handle: RePEc:ags:sojoae:30291
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/30291
    Download Restriction: no

    References listed on IDEAS

    as
    1. Mielke, Myles J., 1984. "Argentine Agricultural Policies in the Grain and Oilseed Sectors," Foreign Agricultural Economic Report (FAER) 147524, United States Department of Agriculture, Economic Research Service.
    2. Williams, Gary W. & Thompson, Robert L., 1984. "The Brazilian Soybean Industry: Economic Structure and Policy Interventions," Foreign Agricultural Economic Report (FAER) 147520, United States Department of Agriculture, Economic Research Service.
    3. Robert G. Chambers & Richard E. Just, 1981. "Effects of Exchange Rate Changes on U.S. Agriculture: A Dynamic Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 32-46.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hyberg, Bengt & Uri, Noel D. & Oliveira, Valencia, 1996. "The quality characteristics of Japanese soybean imports," Japan and the World Economy, Elsevier, vol. 8(1), pages 81-98, March.
    2. Lyford, Conrad P. & Yumkella, Kandeh K. & Mercier, Stephanie & Hyberg, Bengt, 1994. "Quality Pricing in U.S. Soybean Exports," Staff Papers 201193, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    3. Lesser, William H. & Schmit, Todd M. & Ruiz, Lilian M., 1999. "Elite Germplasm For Gmo'S In Brazil: Modeling Government-Agribusiness Negotiations," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IFAMA), vol. 2(03/04).
    4. Hanrahan, Kevin F. & Westhoff, Patrick C. & Young, Robert E., II, 2001. "Trade Allocation Modeling: Comparing The Results From Armington And Locally Regular Ai Demand System Specifications Of A Uk Beef Import Demand Allocation Model," 2001 Annual meeting, August 5-8, Chicago, IL 20510, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Davis, George C. & Jensen, Kimberly L., 1994. "Two-Stage Utility Maximization And Import Demand Systems Revisited: Limitations And An Alternative," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(02), December.
    6. Lariviere, Eric & Larue, Bruno & Chalfant, Jim, 2000. "Modeling the demand for alcoholic beverages and advertising specifications," Agricultural Economics, Blackwell, vol. 22(2), pages 147-162, March.
    7. Lariviere, Eric & Larue, Bruno & Chalfant, Jim, 2000. "Modeling the demand for alcoholic beverages and advertising specifications," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 22(2), March.
    8. J. M. Gil & B. Dhehibi & M. Ben Kaabia & A. M. Angulo, 2004. "Non-stationarity and the import demand for virgin olive oil in the European Union," Applied Economics, Taylor & Francis Journals, vol. 36(16), pages 1859-1869.

    More about this item

    Keywords

    Demand and Price Analysis;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:sojoae:30291. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/saeaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.