Effects of food and agricultural imports on domestic factors in the U.S. agricultural sector: a translog cost function framework

Erick Kitenge

Applied Economics Letters, 2016, vol. 23, issue 2, 132-137

Abstract: The translog cost function of the U.S. agricultural sector unveils dynamic relationships between foreign and domestic inputs. On average, capital and labour are weak substitutes, but they are strong substitutes to food and agricultural imports. Therefore, enhancing trade policies on food and agricultural products should be supplemented by strategic policies aiming at protecting domestic factors' income.

Date: 2016
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DOI: 10.1080/13504851.2015.1058897

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