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Elasticities of import demand and supply often drive economic models, but few empirical estimates of these elasticities exist for vegetables and fruits. For those that do exist, most are outdated. Because elasticities change over time as income, prices, and market conditions change, outdated...
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This paper studies the relationship among domestically produced and imported melons and vegetables (i.e., fresh onions, fresh tomatoes, spinach, oranges and cantaloupes). The U.S import expenditure, quantity, and price data are collected from the Economic Research Service (ERS). U.S. vegetables...
Persistent link: https://www.econbiz.de/10011068921
A gravity model is fitted to 17 annual cross sections, 1980-1996, of bilateral trade data (imports and exports) between CARICOM member states and selected trading partners. Specifically, the paper investigates the effects of regional integration, colonial legacies and linguistic ties on CARICOM...
Persistent link: https://www.econbiz.de/10005475932
A generalized differential demand system is used to provide a detailed demand system analysis of the organic food industry in Denmark to estimate conditional expenditure and price elasticities. The results suggest that cereals, dairy and other organic food aggregates are highly price-inelastic...
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After the collapse of the Soviet Union in 1991, Russian economy was on the way to becoming more market-based. While the broadening of market forces in Russian agriculture seems plausible, there is little empirical evidence to support the proportion that land allocation decision among grains and...
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