European Union Import Demand for In-Shell Peanuts

Tullaya Boonsaeng, Stanley M. Fletcher and Carlos Carpio

Journal of Agricultural and Applied Economics, 2008, vol. 40, issue 3, 11

Abstract: This paper analyzes the European Union (EU) import demand for in-shell peanuts from three sources: the United States, China, and the rest of the world. We find that peanuts from different sources are differentiated by EU consumers. The expenditure elasticity is elastic for U.S. in-shell peanuts, which is associated with their higher quality. The conditional own price elasticities are more elastic for U.S. and Chinese in-shell peanuts. These findings have at least two implications. First, U.S. producers and exporters should direct efforts to ensure that in-shell peanuts exported to the EU are of the best possible quality, and, second, promotion efforts should stress the quality of U.S peanuts as an advertising tool.

Keywords: Agribusiness; Crop Production/Industries; Demand and Price Analysis; International Relations/Trade (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:47269

DOI: 10.22004/ag.econ.47269

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