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International Comparisons of Costs of Wheat Production in the EC and United States

Author

Listed:
  • Bureau, Jean Christophe
  • Butault, Jean-Pierre
  • Hoque, Anwarul

Abstract

4-ultilateral Tornqvist indices are computed with 1984-86 cost-of-production data for wheat from seven EC countries and the United States for cross-country comparisons. The major producers of wheat used almost equal quantities of goods and service inputs per unit of production. On the basis of a purchasing power standard, however, absolute costs of production in the United States are found to have been lower than in France and the United Kingdom. This study shows how costs of production can contribute to the understanding of international competitiveness.

Suggested Citation

  • Bureau, Jean Christophe & Butault, Jean-Pierre & Hoque, Anwarul, 1992. "International Comparisons of Costs of Wheat Production in the EC and United States," Staff Reports 278676, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerssr:278676
    DOI: 10.22004/ag.econ.278676
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    File URL: http://ageconsearch.umn.edu/record/278676/files/ers-report-573.pdf
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    References listed on IDEAS

    as
    1. Samuelson, Paul A & Swamy, S, 1974. "Invariant Economic Index Numbers and Canonical Duality: Survey and Synthesis," American Economic Review, American Economic Association, vol. 64(4), pages 566-593, September.
    2. Jerry A. Sharples, 1990. "Cost of Production and Productivity in Analyzing Trade and Competitiveness," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(5), pages 1278-1282.
    3. Frans Goossens & Eric Tollens, 1989. "Le concept et l'application des parités agricoles à la CEE en 1984," Économie rurale, Programme National Persée, vol. 191(1), pages 13-18.
    4. Frenkel, Jacob A., 1981. "The collapse of purchasing power parities during the 1970's," European Economic Review, Elsevier, vol. 16(1), pages 145-165.
    5. Kravis, Irving B, 1984. "Comparative Studies of National Incomes and Prices," Journal of Economic Literature, American Economic Association, vol. 22(1), pages 1-39, March.
    6. Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "Multilateral Comparisons of Output, Input, and Productivity Using Superlative Index Numbers," Economic Journal, Royal Economic Society, vol. 92(365), pages 73-86, March.
    7. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
    8. Sharples, Jerry A., 1990. "Cost Of Production And Productivity In Analyzing Trade And Competitiveness," 1990 Annual meeting, August 5-8, Vancouver, Canada 271060, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    Cited by:

    1. Gallagher, Paul, 1995. "Supply, Land Quality, and Policy," ISU General Staff Papers 199502010800001262, Iowa State University, Department of Economics.

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