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Price Transmission Between the U.S. Gulf and Foreign Farm Markets

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  • Collins, H. Christine

Abstract

Perfect price transmission is often used as a convenient simplification in models measuring elasticity of foreign demand. This paper employs the U. N. FAO data base of internal farm prices for wheat, corn, and soybeans in selected countries and the U.S. Gulf Ports price for these respective commodities as a measure of world price to show price transmission from the world market to the farm in these countries under several model specifications.

Suggested Citation

  • Collins, H. Christine, 1980. "Price Transmission Between the U.S. Gulf and Foreign Farm Markets," Economics Statistics and Cooperative Services (ESCS) Reports 329216, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerscs:329216
    DOI: 10.22004/ag.econ.329216
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    File URL: https://ageconsearch.umn.edu/record/329216/files/USGulfPriceForeignMarkets.pdf
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    References listed on IDEAS

    as
    1. Tweeten, Luther G., 1967. "The Demand for United States Farm Output," Food Research Institute Studies, Stanford University, Food Research Institute, vol. 7(3), pages 1-28.
    2. Maury E. Bredahl & William H. Meyers & Keith J. Collins, 1979. "The Elasticity of Foreign Demand for U.S. Agricultural Products: The Importance of the Price Transmission Elasticity," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 58-63.
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    Cited by:

    1. Seeley, Ralph, 1985. "Price Elasticities From The Iiasa World Agriculture Model," Staff Reports 277684, United States Department of Agriculture, Economic Research Service.
    2. Sullivan, John, 1990. "Price Transmission Elasticities in the Trade Liberalization (TLIB) Database," Staff Reports 278327, United States Department of Agriculture, Economic Research Service.
    3. Coffey, Joseph D., 1981. "The Role Of Food In The International Affairs Of The United States," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(1), pages 1-9, July.

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