Estimation of Demand for Wheat by Classes for the United States and the European Union

Samarendu Mohanty and E. Wesley F. Peterson
Additional contact information
Samarendu Mohanty: Iowa State University
E. Wesley F. Peterson: University of Nebraska

Agricultural and Resource Economics Review, 1999, vol. 28, issue 2, pages 158-168

Abstract: This study estimates demand for wheat differentiated by classes using a dynamic AIDS model for the United States and the European Union (EU). The results suggest that imported wheat is more price responsive than domestic wheat in the U.S. market but not in the EU market. This may suggest that the Canadian policy that reduces prices of Canadian wheat in the U.S. market or U.S. export subsidies that raise prices of U.S, wheat could be expected to give rise to substmtial substitution of Canadian for U.S. wheat. It is also found that in the EU, complementary relationships exist between spring and other wheat groups. This complementary relationship between the lower and higher quality wheat in tbe EU is not surprising because EU millers blend cheaper wheat such as EU common wheat and U.S. other wheat with high protein (spring) to obtain the preferred characteristics.

Downloads: (external link)
http://agecon.lib.um ... erid=5791&ftype=.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this article

More articles in Agricultural and Resource Economics Review from Northeastern Agricultural and Resource Economics Association
Contact information at EDIRC.
Series data maintained by David R. Just ().