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Effect Of Spain'S Entry Into The European Community On The Demand For Imported Corn

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  • Hiemstra, Stephen W.

Abstract

The U.S. share of corn exports to Spain is likely to drop from its fourth-place rank in 1984 because of Spain's entry into the European Community in 1986. Non-EC Spanish corn imports are expected to decline rapidly between now and 1995 because of the substantial price increases associated with the EC grain policy. Uncertainty exists, however, with respect to the precise level of imports. This report examines the structure of the Spanish corn market, reviews the policy changes outlined in the accession agreement, and analyzes the demand for imported corn. A segmented demand curve is used to study the effects of price changes on the various Spanish industries which use corn.

Suggested Citation

  • Hiemstra, Stephen W., 1987. "Effect Of Spain'S Entry Into The European Community On The Demand For Imported Corn," Staff Reports 277993, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:277993
    DOI: 10.22004/ag.econ.277993
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    References listed on IDEAS

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    1. Kelch, David R., 1982. "Structural and Commodity Policies of Spanish Agriculture," Foreign Agricultural Economic Report (FAER) 147192, United States Department of Agriculture, Economic Research Service.
    2. Mielke, Myles J., 1984. "Argentine Agricultural Policies in the Grain and Oilseed Sectors," Foreign Agricultural Economic Report (FAER) 147524, United States Department of Agriculture, Economic Research Service.
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    4. 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.
    5. Anonymous, 1950. "International Trade Organization," International Organization, Cambridge University Press, vol. 4(1), pages 136-138, February.
    6. Anonymous, 1950. "International Trade Organization," International Organization, Cambridge University Press, vol. 4(3), pages 494-497, August.
    7. Davison, Cecil W. & Arnade, Carlos A., 1987. "Export Demand For U.S. Corn And Soybeans," Staff Reports 277987, United States Department of Agriculture, Economic Research Service.
    8. Shane, Mathew & Stallings, David A., 1987. "The World Debt Crisis and Its Resolution," Foreign Agricultural Economic Report (FAER) 147985, United States Department of Agriculture, Economic Research Service.
    9. Anonymous, 1950. "International Trade Organization," International Organization, Cambridge University Press, vol. 4(4), pages 681-682, November.
    10. Peterson, E. Wesley F. & Paniker, Albert Pelach & Riley, Harold M., 1983. "Spain's Entry into the European Community: Effects on the Feed Grain and Livestock Sectors," Foreign Agricultural Economic Report (FAER) 147203, United States Department of Agriculture, Economic Research Service.
    11. Leuck, Dale J., 1985. "Analysis Of The Feed-Livestock Sector Of The European Community," Staff Reports 277616, United States Department of Agriculture, Economic Research Service.
    12. Houthakker, Hendrik S & Magee, Stephen P, 1969. "Income and Price Elasticities in World Trade," The Review of Economics and Statistics, MIT Press, vol. 51(2), pages 111-125, May.
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    Cited by:

    1. Haley, Mildred M. & Normile, Mary Anne, 1994. "Spain: Determinants of Corn Import Demand," Staff Reports 278738, United States Department of Agriculture, Economic Research Service.

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