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ESTIMATION OF MARKET POWER IN THE U.S. SOYBEAN EXPORT MARKETS

Baohui Song, Venkat N. Veeramani, Mary Marchant and Shuang Xu

No 20311, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Soybean exports are crucial for the survival of the U.S. soybean industry. Price flexibility of the U.S. reversed residual supply function is used to test the market power in U.S. soybean export markets. Results indicated that the market power of the U.S. soybean export markets is highly sensitive to the U.S. exporters' transaction costs.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Pages: 9
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20311

DOI: 10.22004/ag.econ.20311

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