Further Evidence on Competition in the US Grain Export Trade

Paul M Patterson and Philip Abbott

Journal of Industrial Economics, 1994, vol. 42, issue 4, 429-37

Abstract: This study analyzes the relationship between export market structure and the pricing behavior of U.S. grain exporting firms. A generalized Cournot model is estimated by two-stage least squares using pooled data sets for U.S. wheat and corn exports. The cross-sectional units correspond to foreign country destinations. Discriminatory export pricing behavior was found to be significantly related to export seller concentration, U.S. market share, total export volume, and import market size. Yet, the estimated coefficients linking these market structure variables to the export price markup were relatively small in magnitude, suggesting little quantitative impact from market power. Copyright 1994 by Blackwell Publishing Ltd.

Date: 1994
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://links.jstor.org/sici?sici=0022-1821%2819941 ... 0.CO%3B2-L&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
Working Paper: Further Evidence on Competition in U.S. Grain Export Trade (1992)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jindec:v:42:y:1994:i:4:p:429-37

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-1821

Access Statistics for this article

Journal of Industrial Economics is currently edited by Pierre Regibeau, Yeon-Koo Che, Kenneth Corts, Thomas Hubbard, Patrick Legros and Frank Verboven

More articles in Journal of Industrial Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().