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Price and income elasticities for imports of US and Brazilian soyabeans by each of the eight major workd soyabean importers and the rest of the world were weighted by their shares of the respective soyabean markets and summed to approximate total price and income elasticities for US and...
Persistent link: https://www.econbiz.de/10011167847
This study investigates whether importers of U.S. wheat form an integrated market or a series of segmented markets. Two market integration tests are applied: one based on equilibrium price relationships and one based on disequilibrium price relationships. With the exception of a few importers,...
Persistent link: https://www.econbiz.de/10010916336
This study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit, productivity, and exporting in the Korean manufacturing sector. We verify many of the predictions of recent heterogeneous-firm models of international trade. For example, falling...
Persistent link: https://www.econbiz.de/10009444690
The emerging literature on firm heterogeneity suggests that trade liberalization raises industry average productivity by forcing its least productive firms to exit. Consequently, resources and market shares are reallocated toward the industry¡¯s more productive firms. We extend...
Persistent link: https://www.econbiz.de/10009444956
This article analyzes the export participation of Chilean farms and the relative importance of farm-specific and geographic characteristics in this decision. An export behavior model is estimated using data on 8,284 Chilean farms and a two-stage conditional maximum likelihood procedure. Farm...
Persistent link: https://www.econbiz.de/10005525293
This article compares the effects on global agricultural trade patterns of Asia-Pacific regional economic integration led by the United States versus that by China. Our analysis employs a Eaton-Kortum type model in which agricultural producers have access to technology with heterogeneous...
Persistent link: https://www.econbiz.de/10011125502
A central theme of international trade research has been the impact of trade liberalization on productivity. Early literature on this theme points out that trade liberalization brings resource/organizational adjustment across industries and this adjustment enhances productivity. A traditional...
Persistent link: https://www.econbiz.de/10010880859
This article analyzes the relative importance of producers’ attributes and farms’ geographical characteristics in the decision to produce an exportable good (blueberries) in the southern region of Chile. Using farm-level data, a logit model is estimated to identify factors influencing the...
Persistent link: https://www.econbiz.de/10010913359
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