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Who Dominates Market Power for U.S.-China Soybean Trade?

Author

Listed:
  • Song, Baohui
  • Marchant, Mary A.
  • Xu, Shuang

Abstract

This research develops a two-country partial equilibrium trade model to test the market power of Chinese soybean importers and U.S. soybean exporters in the soybean trade between the two countries. Results show that Chinese soybean importers have stronger market power than U.S. soybean exporters.

Suggested Citation

  • Song, Baohui & Marchant, Mary A. & Xu, Shuang, 2006. "Who Dominates Market Power for U.S.-China Soybean Trade?," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35407, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saeaso:35407
    as

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    File URL: http://purl.umn.edu/35407
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    References listed on IDEAS

    as
    1. Carter, Colin A. & MacLaren, Donald & Yilmaz, Alper, 1999. "How Competitive Is The World Wheat Market?," Working Papers 11973, University of California, Davis, Department of Agricultural and Resource Economics.
    2. Goldberg, Pinelopi Koujianou & Knetter, Michael M., 1999. "Measuring the intensity of competition in export markets," Journal of International Economics, Elsevier, vol. 47(1), pages 27-60, February.
    3. A. P. Lerner, 1934. "The Concept of Monopoly and the Measurement of Monopoly Power," Review of Economic Studies, Oxford University Press, vol. 1(3), pages 157-175.
    4. Carter, Colin A & MacLaren, Donald, 1997. "Price or Quantity Competition? Oligopolistic Structures in International Commodity Markets," Review of International Economics, Wiley Blackwell, vol. 5(3), pages 373-385, August.
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