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Interaction of Japanese Rice and Wheat Policy and Impact on Trade

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  • Jabara, Cathy L.

Abstract

The interaction of Japanese rice and wheat policies and their impact on trade is described and analyzed through estimation of an econometric model which includes the interrelationships between the two sectors and which reflects Japanese Government policies. The model is used to simulate the trade impacts of previously announced increases in wheat support prices and in diversion payments over a 5-year period. Results indicate that the price changes reduce wheat imports 4-5 percent (from 1973 base levels) and also the accumulation of excess rice stocks which have given rise to Japan's emergence as a rice exporter in recent years.

Suggested Citation

  • Jabara, Cathy L., 1981. "Interaction of Japanese Rice and Wheat Policy and Impact on Trade," Staff Reports 276705, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:276705
    DOI: 10.22004/ag.econ.276705
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    References listed on IDEAS

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    1. Malcolm D. Bale & Bruce L. Greenshields, 1978. "Japanese Agricultural Distortions and Their Welfare Value," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 59-64.
    2. Novakovic, Andrew M. & Thompson, Robert L., 1977. "The Impact Of Imports Of Manufactured Milk Products On The U.S. Dairy Industry," 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California 283628, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Malcolm D. Bale, 1979. "Distributional Aspects of Price Intervention," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(2), pages 348-350.
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    Cited by:

    1. Jabara, Cathy L., 1981. "Interaction Of Japanese Rice And Wheat Policy And The Impact On Trade," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(2), pages 1-7, December.
    2. Taniguchi, Kiyoshi, 2001. "A General Equilibrium Analysis Of Japanese Rice Market Trade Liberalization," 2001 Annual meeting, August 5-8, Chicago, IL 20660, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Paarlberg, Philip L. & Sharples, Jerry A., 1984. "Japanese and European Community Agricultural Trade Policies: Some U.S. Strategies," Foreign Agricultural Economic Report (FAER) 305192, United States Department of Agriculture, Economic Research Service.

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