International sorghum trade: United States beyond the Mexican dependency?

Duch-Carvallo, Teresa and Jaime Malaga

No 46862, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: This research proposes the estimation of a partial equilibrium econometric and simulation international trade model for sorghum: United States and Mexico component. Sixteen equations were simultaneously estimated and validated as a system using seemingly unrelated regression. Results on parameter estimates agree with economic theory and a working model for simulation and forecast was obtained. Forecast scenarios suggest that the dependency of sorghum trade between US and Mexico will continue.

Keywords: Supply; Demand; NAFTA; International trade; Sorghum; International Relations/Trade (search for similar items in EconPapers)
Date: 2009
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Persistent link: http://EconPapers.repec.org/RePEc:ags:saeana:46862

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