International sorghum trade: United States beyond the Mexican dependency?
This research proposes the estimation of a partial equilibrium econometric and simulation international trade model for sorghum: United States and Mexico component. Sixteen equations were simultaneously estimated and validated as a system using seemingly unrelated regression. Results on parameter estimates agree with economic theory and a working model for simulation and forecast was obtained. Forecast scenarios suggest that the dependency of sorghum trade between US and Mexico will continue.
|Date of creation:||2009|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.saea.org/|
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- Hueth, Brent & O'Mara, Gerry & Just, Richard E., 1995. "NAFTA: Implications for Selected Crops and Livestock of a Free Trade Agreement Between the U.S. And Mexico," Staff General Research Papers 5144, Iowa State University, Department of Economics.
- Conforti, Piero & Londero, Pierluigi, 2001. "Aglink: The Oecd Partial Equilibrium Model," Working Papers 14808, National Institute of Agricultural Economics, Italy INEA, Osservatorio Sulle Politiche Agricole dell'UE.
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