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)
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)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea78:284193
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