International policy conflict: The Japanese response to US agricultural export embargoes

Vernon L. Sorenson
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Vernon L. Sorenson: Professor in Agricultural Economics, Michigan State University, East Lansing, Michigan, Postal: Professor in Agricultural Economics, Michigan State University, East Lansing, Michigan

Agribusiness, 1988, vol. 4, issue 5, 409-424

Abstract: This article evaluates Japanese response to agricultural export embargoes instituted by the US. Direct response was limited to establishing a small government stock of soybeans and initiating modest overseas production development following the 1973 soybean embargo. Neither action had any significant impact on Japanese agricultural imports from the US. Japanese farm policy does not appear to have changed in response to US embargoes. The embargoes, on the other hand, have provided farm groups with an additional argument to delay changes in a costly farm policy that has been fundamentally shaped by domestic forces.

Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:4:y:1988:i:5:p:409-424

DOI: 10.1002/1520-6297(198809)4:5<409::AID-AGR2720040502>3.0.CO;2-Y

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