This study used a new body of quarterly data to estimate multilateral import demand relations for soybeans and soymeal. The countries of origin were the United States, Brazil, and Argentina. The areas of destination were the EEC, Japan, and Eastern Europe. The results indicated that own- and...

We analyze the relationship between product quality and contracting choices using the results of a survey of California winegrape growers. Growers who produce high-quality grapes are more likely to use formal written contracts than are growers who produce low-quality grapes. Written contracts...

Out of sample tests were performed on two meat demand models: the linear, relative-price real-income specification and the almost ideal demand system. Variants of each model included seasonal effects and habit formation. Estimation procedures included single equation OLS, seemingly unrelated...

In order to analyse the effect of exchange rate uncertainty, we apply an empirical gravity equation to two sets of US bilateral trade data: fresh fruit over the period 1976--1999 for a panel of 26 countries; and fresh vegetables over the period 1976--2006 for a panel of nine countries. Based on...

This paper presents estimates of the economic and demographic effects on the demand for steak, roast, and ground beef. Using an almost ideal demand system, the results indicate that demand is inelastic for steak and ground beef, elastic for roast, cross-price effects are significant, and all...

This article is the first of its kind to estimate econometrically the supply elasticity of California wine grapes. Wine grapes constitute the single largest crop in the state of California in terms of total receipts. Allowing for the dynamic adjustments of quasi-fixed inputs, we estimate...

This paper presents a theory of price determination for winegrapes in California. As the California wine economy developed, winegrape contracts took on a role as one of the centerpieces of this transformation. The theory is presented and it is shown how two important factors, weather and fi...