A differential production model is applied to study how soybean and soybean oil imports from the U.S., Brazil and Argentina compete on China’s markets and how China’s domestic prices of soybean meal and oil impact the country’s imports. The results support a presumption that China’s...

A model examines how the international and China’s market prices impact China’s soybean imports from the U.S. and South America. Based on soybean crushing ratios and a market clearing presumption, an equation of China’s soybean oil import prices is designed to achieve the goal.

Replaced with new version 7/19/04

Replaced with revised version of paper 06/12/07.

International agricultural trade has evolved over time. Processed foods and developing countries have become major growth markets for U.S. agricultural exports, and foreign direct investment (FDI) has become even more important than exports as a means of accessing foreign markets. The critical...

This research examines the relationship between U.S. foreign direct investment (FDI) and exports of processed foods to China and identifies management strategies to enhance U.S. competitiveness. Two-stage least-squares empirical econometric results from a simultaneous equation system indicate...

This research develops a two-country partial equilibrium trade model to test the market power of Chinese soybean importers and U.S. soybean exporters in the soybean trade between the two countries. Results show that Chinese soybean importers have stronger market power than U.S. soybean exporters.

China is a key player in global agricultural markets, and the number one importer of U.S. soybeans and cotton, whereby soybeans and cotton are two of the main biotech commodities commercialized in the United States. As of 2005, 87% of soybeans and 79% of cotton planted in the U.S. were biotech....

International agricultural trade has evolved over time. Processed foods and developing countries have become major growth markets for U.S. agricultural exports, and foreign direct investment (FDI) has become even more important than exports as a means of accessing foreign markets. The critical...

This paper introduces and briefly discusses the economics of two important trade and environment policy issues--international harmonization of environmental standards and the use trade measures for environmental purposes. Both issues are likely to generate lively international debate among...