Updated Arkansas Global Rice Model
The Arkansas Global Rice Model is based on a multi-country statistical simulation and econometric framework. The model consists of six sub regions. These regions are the U.S., South Asia, North Asia and the Middle East, the Americas, Africa and Europe. Each region comprises of several countries and each country model has a supply sector, a demand sector, a trade, stocks and price linkage equations. All equations used in this model were estimated using econometric procedures or identities. Estimates are based upon a set of explanatory variables including exogenous macroeconomic factors such as income, population, inflation rate, technology development, and especially, government determined policy variables which reflect the various mechanisms by which countries intervene in their rice sector economy. More specifically, the Arkansas Global Rice Model is a representation of the world rice economy. It is specified as a series of six regional models, each having a similar structure within which endogenous relationships explain the economic factors determining rice demand, supply, trade and prices. Individual country models are then linked through net trade that highlights the interdependence of countries in the world rice economy.
|Date of creation:||Jul 2010|
|Contact details of provider:|| Web page: http://www.uark.edu/depts/agriecon/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Karp, Larry S & Perloff, Jeffrey M, 1989. "Dynamic Oligopoly in the Rice Export Market," The Review of Economics and Statistics, MIT Press, vol. 71(3), pages 462-470, August.
- Agcaoili-Sombilla, Mercedita C. & Rosegrant, Mark W., 1994. "International trade in a differentiated good: trade elasticities in the world rice market," Agricultural Economics, Blackwell, vol. 10(3), pages 257-267, May.
- JooHo Song & Colin A. Carter, 1996. "Rice Trade Liberalization and Implications for U.S. Policy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(4), pages 891-905.
When requesting a correction, please mention this item's handle: RePEc:ags:uarksp:94347. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.