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Purpose – The purpose of this paper is to estimate China's demand for imported soybeans and soybean oil from both country‐of‐origin and product form perspectives. Design/methodology/approach – A differential production approach is used to estimate China's demand for imported soybeans and...
Persistent link: https://www.econbiz.de/10014689672
Purpose – The purpose of this paper is to estimate China's demand for imported soybeans and soybean oil from both country-of-origin and product form perspectives. Design/methodology/approach – A differential production approach is used to estimate China's demand for imported soybeans and...
Persistent link: https://www.econbiz.de/10010814703
type="main" xml:id="ajar12029-abs-0001" <p>We estimate source-differentiated wine demand in China using the absolute price version of the Rotterdam demand system. Within the last decade, China has gone from obscurity to an important participant in global wine trade. The continual growth of Chinese...</p>
Persistent link: https://www.econbiz.de/10011034757
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The U.S. wine market experienced rapid growth in all facets—production, consumption, exports, and imports—over the past decade. Red wine imports more than tripled while consumption of domestically produced red wines doubled. This research estimates demand elasticities of U.S. red wine...
Persistent link: https://www.econbiz.de/10010613826
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This article's focus is on the time adjustment paths of the exchange rate and prices in response to unanticipated monetary shocks. First, we expand the theoretical specification of the overshooting hypothesis by generalizing Dornbusch's model to include a third sector (i.e., agricultural...
Persistent link: https://www.econbiz.de/10009398112
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