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Price Competition Between Imported Wheat • Varieties in the Japanese Market

Author

Listed:
  • Boyd, Richard H.
  • Schmidt, Stephen C.

Abstract

The study uses a Transcendental logarithmic (TL) function to estimate Japanese import demand for varieties of wheat. It concludes that their Food Agency fills annual quotes without regard for the prices of competing varieties. However, price differentials have a small but measurable effect upon the monthly scheduling of import purchases.

Suggested Citation

  • Boyd, Richard H. & Schmidt, Stephen C., 1986. "Price Competition Between Imported Wheat • Varieties in the Japanese Market," 1986 Annual Meeting, July 27-30, Reno, Nevada 278161, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea86:278161
    DOI: 10.22004/ag.econ.278161
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    References listed on IDEAS

    as
    1. Berndt, Ernst R. & Christensen, Laurits R., 1973. "The translog function and the substitution of equipment, structures, and labor in U.S. manufacturing 1929-68," Journal of Econometrics, Elsevier, vol. 1(1), pages 81-113, March.
    2. Burgess, David F., 1974. "Production theory and the derived demand for imports," Journal of International Economics, Elsevier, vol. 4(2), pages 103-117, May.
    3. Christensen, Laurits R & Greene, William H, 1976. "Economies of Scale in U.S. Electric Power Generation," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 655-676, August.
    Full references (including those not matched with items on IDEAS)

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