USING DIRECTED ACYCLIC GRAPHS AND VAR ECONOMETRICS TO SIMULATE THE UPSTREAM AND DOWNSTREAM EFFECTS OF IMPOSITION OF AN IMPORT QUOTA: AN APPLICATION TO U.S. WHEAT-RELATED MARKETS

Ronald A. Babula, Suchada V. Langley, Agapi Somwaru and Shiva S. Makki
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Ronald A. Babula: U.S. International Trade Commission, U.S.A.
Suchada V. Langley: U.S. Department of Agriculture, Economic Research Service, U.S.A.
Shiva S. Makki: Ohio State University, U.S.A.

Chapter 10 in Quantitative Methods for Assessing the Effects of Non-Tariff Measures and Trade Facilitation, 2005, pp 193-214 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:The VAR Model: Specification, Data, Estimation, and Model AdequacySources of Quarterly Data and Data IssuesDirected Acyclic GraphsDAG Applications to Wheat and Wheat Products MarketsAnalysis of Impulse Responses and FEV Decompositions to Discern Effects of a U.S. Wheat Import QuotaAnalysis of Forecast Error Variance DecompositionsSummary and ConclusionsReferences

Keywords: Non-Tariff Measures; Non-Tariff Barriers; Trade Policy; Commercial Policy; International Economics; Trade Facilitation (search for similar items in EconPapers)
JEL-codes: F0 F1 (search for similar items in EconPapers)
Date: 2005
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