A GAME THEORETIC ANALYSIS OF U.S. RICE EXPORT POLICY: THE CASE OF JAPAN AND KOREA

Dae-Seob Lee and P. Lynn Kennedy

No 19686, 2002 Annual meeting, July 28-31, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: As a result of the Uruguay Round (UR), the impact on the international rice market is dramatic.The major U.S. benefit of the UR has been the access to the Japanese market. However, the U.S. share of this import market has been unstable and the share of Korean rice market is nearly zero prior to February 2002. Econometric estimation and Political Preference Function (PPF) approach are incorporated into a game theoretic analysis to analyze U.S. export potential to Japan and Korea.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Pages: 28
Date: 2002
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea02:19686

DOI: 10.22004/ag.econ.19686

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