ESTIMATING THE INFLUENCE OF EXTERNAL FORCES ON THE DOMESTIC MARKET: AN ALTERNATIVE APPROACH

Gary W. Williams and Robert L. Thompson

No 284193, 1978 Annual Meeting, August 6-9, Blacksburg, Virginia from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Direct estimation of export and import demand schedules to account for foreign market impacts on domestic markets is compared with estimation of a family of simultaneous country market or regional models linked by trade flows. A threeregion world soybean and product trade model which employs this method is discussed.

Keywords: Marketing (search for similar items in EconPapers)
Pages: 16
Date: 1978-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea78:284193

DOI: 10.22004/ag.econ.284193

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