Measuring the Impacts of US Export Promotion Program for Wheat in Selected Importing Regions
We examine the impacts of major factors affecting the export demand of wheat with a special focus on the impacts of export promotion programs on US wheat. Study results show negative impacts of own-price and real exchange rate on export demand of wheat, while the real GDP, price of corn, and export promotion expenditure had positive and significant impacts. The per dollar returns to wheat export promotion expenditures were $1.49, $0.42, and $2.01 for Middle East, Pacific Rim, and Mexico, respectively.
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