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The Impacts Of China'S Accession Into The Wto On The U.S. Wheat Industry

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  • Koo, Won W.

Abstract

The purpose of this study is to evaluate the impacts of China's entry into the World Trade Organization on the world wheat industry. Special attention is given to the impact on the U.S. wheat industry. The Global Wheat Policy Simulation Model was used for this analysis. This study indicates that the total value of China's imports from the United States in 2005 are predicted to increase by $221 million in the normal import scenario and $842 million in the maximum import scenario. However, net increases in U.S. export value would range from $127 million to $577 million in 2005 because increased world price of wheat in the scenarios lowers wheat imports from other countries.

Suggested Citation

  • Koo, Won W., 2000. "The Impacts Of China'S Accession Into The Wto On The U.S. Wheat Industry," Agricultural Economics Reports 23320, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaer:23320
    DOI: 10.22004/ag.econ.23320
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    File URL: https://ageconsearch.umn.edu/record/23320/files/aer440.pdf
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    References listed on IDEAS

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    1. Benirschka, Martin & Koo, Won W. & Lou, Jianqiang, 1996. "World Sugar Policy Simulation Model: Description And Computer Program Documentation," Agricultural Economics Reports 23432, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Koo, Won W. & Lou, Jianqiang & Johnson, Roger G., 1996. "Increases In Demand For Food In China And Implications For World Agricultural Trade," Agricultural Economics Reports 23418, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Mao, Weining & Koo, Won W., 1996. "Productivity Growth, Technology Progress, And Efficiency Change In Chinese Agricultural Production From 1984 To 1993," Agricultural Economics Reports 23442, North Dakota State University, Department of Agribusiness and Applied Economics.
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    Cited by:

    1. Frank H. Fuller & John C. Beghin & Stephane De Cara & Jacinto F. Fabiosa & Cheng Fang & Holger Matthey, 2001. "China's Accession to the WTO: What Is at Stake for Agricultural Markets?," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 01-wp276, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    2. Pan, Suwen & Welch, Mark & Mohanty, Samarendu & Fadiga, Mohamadou L. & Ethridge, Don E., 2005. "Assessing the Impacts of the Chinese TRQ System and U.S. Subsidies on the World Cotton Market," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 6(2), pages 1-16.
    3. Harvey S. J. Hill & James W. Mjelde & H. Alan Love & Debra J. Rubas & Stephen W. Fuller & Wesley Rosenthal & Graeme Hammer, 2004. "Implications of Seasonal Climate Forecasts on World Wheat Trade: A Stochastic, Dynamic Analysis," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 52(3), pages 289-312, November.
    4. Pederson, Glenn D. & Khitarishvili, Tamar, 2001. "Trade And Macroeconomic Policy: What Does It Mean For Farmers And Lenders?," Agricultural Outlook Forum 2001 33081, United States Department of Agriculture, Agricultural Outlook Forum.

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