Estimating US Soybean Exports: A Simultaneous Supply/Demand Approach

A simultaneous equation model is used to estimate export demand and supply functions for US soybeans. Price, income, exchange rate and other effects on exports to four world regions are estimated. Inclusion of export supply relationships have very significant implications for estimated price‐, income‐, and exchange‐rate elasticities of export demand. Results fail to support the usual empirical assumption of infinite supply price elasticity for soybeans.

MoreLess

Year of publication:	1990
Authors:	Sarwar, Ghulam ; Anderson, Dale G.
Published in:	Journal of Economic Studies. - MCB UP Ltd, ISSN 1758-7387, ZDB-ID 1480042-1. - Vol. 17.1990, 1
Publisher:	MCB UP Ltd
Subject:	Agriculture \| Export \| Models \| Supply and demand \| USA

More details

Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.1108/EUM0000000000142 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10014863841