An Empirical Analysis of Rice Exports Using the Export Supply Function: The Case of Major Rice Exporting Countries
Hyunsoo Kang
Journal of Rural Development/Nongchon-Gyeongje, 2009, vol. 32, issue 01
Abstract:
The paper analyzes the relationship between rice exports and economic growth for the world's top four exporting countries (Thailand, Vietnam, India, and U.S.). The main objective of this paper is to determine to what extent economic growth impacts the countries’ rice export. The three stage least squares method is used to estimate the simultaneous relationship between the rice export and the economic growth. Results show that the elasticity of rice export price on export volume is shown be inelastic, and economic growth of major rice exporting countries have contribute to increase of rice export volume.
Keywords: International; Relations/Trade (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jordng:330396
DOI: 10.22004/ag.econ.330396
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