IDEAS home Printed from https://ideas.repec.org/p/ags/uerssr/277848.html
   My bibliography  Save this paper

Modeling Import Demand Under Government Intervention And Financial Constraints: The Case Of Corn In Mexico

Author

Listed:
  • Kim, C. S.

Abstract

Two problems make estimation of import demand for developing countries extremely difficult. The first is a conceptual problem: how to model government intervention which simultaneously distorts consumer and producer prices and foreign exchange allocations. The second problem is a technical one: how to obtain econometrically consistent estimates of an import demand equation which includes all the major parameters, given only 10 years or less of time series data. Both of these problems are addressed in this paper which presents an attempt to estimate Mexican corn import demand. Results indicate that Mexican corn imports could be substantially reduced by transferring relatively small amounts of subsidies from consumers to producers. Furthermore, effects on Mexican corn import demands of world border prices, exchange rates, and foreign exchange allotments are insignificant.

Suggested Citation

  • Kim, C. S., 1986. "Modeling Import Demand Under Government Intervention And Financial Constraints: The Case Of Corn In Mexico," Staff Reports 277848, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:277848
    DOI: 10.22004/ag.econ.277848
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/277848/files/ers-report-228.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.277848?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Robert G. Chambers & Richard E. Just, 1979. "A Critique of Exchange Rate Treatment in Agricultural Trade Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(2), pages 249-257.
    2. Philip C. Abbott, 1979. "Modeling International Grain Trade with Government Controlled Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 22-31.
    3. 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.
    4. Alexander H. Sarris & John Freebairn, 1983. "Endogenous Price Policies and International Wheat Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(2), pages 214-224.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kim, C.S. & Bolling, H. Christine & Wainio, John, 1987. "Import Demand for Feed Grains in Venezuela," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 39(3), pages 1-8.
    2. Taha, Fawzi A., 1988. "The Yemen Arab Republic: An Export Market Profile," Staff Reports 278129, United States Department of Agriculture, Economic Research Service.
    3. Jarvis, Lovell S. & Perali, C. Federico, 1990. "The Poultry Industry As An Endogenous Factor In Mexican Agricultural Policy: A Neoclassical Approach," 1990 Annual meeting, August 5-8, Vancouver, Canada 270978, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mahama, Ramatu, 1985. "A stochastic simulation of the impact of price insulation policies on world wheat market stability," ISU General Staff Papers 198501010800008868, Iowa State University, Department of Economics.
    2. Rauseer, Gordon C. & Zilberman, David & Just, Richard E., 1981. "The Distributional Impacts of Agricultural Programs," AAEA Miscellaneous Paper Archive 337331, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Denbaly, Massoud Said Mark, 1984. "U. S. monetary policy and the exchange rate: effects on the world coarse grain market," ISU General Staff Papers 198401010800008753, Iowa State University, Department of Economics.
    4. Roe, Terry & Shane, Mathew & Vo, De Huu, 1986. "Price Responsiveness of World Grain Markets: The Influence of Government Intervention on Import Price Elasticity," Technical Bulletins 157021, United States Department of Agriculture, Economic Research Service.
    5. Gardiner, Walter H. & Dixit, Praveen M, 1987. "Price Elasticity of Export Demand: Concepts and Estimates," Foreign Agricultural Economic Report (FAER) 305286, United States Department of Agriculture, Economic Research Service.
    6. Rausser, Gordon C., 1985. "Macroeconomic environment for U.S. agricultural policy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2561m38d, Department of Agricultural & Resource Economics, UC Berkeley.
    7. Liu, Zong-Shin, 1989. "Monetary policy, exchange rate, and effects on US wheat trade and domestic market in an imperfect competition framework," ISU General Staff Papers 1989010108000010216, Iowa State University, Department of Economics.
    8. Freebain, John W. & Rausser, Gordon C. & de Gorter, Harry, 1981. "Government intervention and food price inflation," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9ch8f2xv, Department of Agricultural & Resource Economics, UC Berkeley.
    9. Ronald A. Babula & Fred J. Ruppel & David A. Bessler, 1995. "U.S. corn exports: the role of the exchange rate," Agricultural Economics, International Association of Agricultural Economists, vol. 13(2), pages 75-88, November.
    10. Conway, Roger K., 1985. "Examining Intertemporal Export Elasticities for Wheat, Corn, and Soybeans: A Stochastic Coefficients Approach," Technical Bulletins 157006, United States Department of Agriculture, Economic Research Service.
    11. Surabhi Mittal, 2007. "OECD Agricultural Trade Reforms Impact On India's Prces and Producer's Welfare," Working Papers id:1072, eSocialSciences.
    12. Groenewegen, John, 1985. "Exchange Rates and the Canadian Grain Sector," Working Papers 243861, Agriculture and Agri-Food Canada.
    13. Liapis, Peter S., 1989. "Estimation and Evaluation of Economic Community Wheat Export Subsidies," Staff Reports 278253, United States Department of Agriculture, Economic Research Service.
    14. Surabhi MITTAL, 2009. "Will OECD Agricultural Trade Reforms Impact India's Crop Prices and Farmers Welfare?," EcoMod2009 21500067, EcoMod.
    15. Coyle, Barry & Chambers, Robert G. & Schmitz, Andrew, 1986. "Economic Gains from Agricultural Trade: A Review and Bibliography," Miscellaneous Publications 319990, United States Department of Agriculture, Economic Research Service.
    16. Freebain, John W. & Rausser, Gordon C. & de Gorter, Harry, 1981. "Government intervention and food price inflation," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9ch8f2xv, Department of Agricultural & Resource Economics, UC Berkeley.
    17. Devadoss, S., 1985. "The impacts of monetary policies on US agriculture," ISU General Staff Papers 198501010800008837, Iowa State University, Department of Economics.
    18. Reimer, Jeffrey J. & Zheng, Xiaojuan & Gehlhar, Mark J., 2012. "Export Demand Elasticity Estimation for Major U.S. Crops," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(4), pages 1-15, November.
    19. Jaouad, Mohamed, 1994. "An agricultural policy and trade model for Morocco," ISU General Staff Papers 1994010108000011483, Iowa State University, Department of Economics.
    20. Abbott, Philip & Wu, Ce & Tarp, Finn, 2011. "Transmission of World Prices to the Domestic Market in Vietnam," MPRA Paper 84611, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uerssr:277848. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.