EconPapers    
Economics at your fingertips  
 

Export Elasticities for US and Brazilian Soyabeans: Weighted-Market-Share Approach

Cecil W. Davison and Carlos Arnade

No 197664, 1989 Occasional Paper Series No. 5 from International Association of Agricultural Economists

Abstract: Price and income elasticities for imports of US and Brazilian soyabeans by each of the eight major workd soyabean importers and the rest of the world were weighted by their shares of the respective soyabean markets and summed to approximate total price and income elasticities for US and Brazilian soyabean exports. This weighted-market-share technique was applied to elasticity estimates derived from two different procedures: Sirhan and Johnson's market-share approach and direct estimation. Estimates from both procedures indicated that, in the short run (1 year) during 1972-85, soyabean exports from the USA were inelastic with respect to price; from Brazil they were elastic with respect to price; and from both countries they were elastic with respect to income.

Keywords: International Relations/Trade; Production Economics (search for similar items in EconPapers)
Pages: 7
Date: 1989
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/197664/files/a ... pers-1989-007_1_.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:iaaeo5:197664

DOI: 10.22004/ag.econ.197664

Access Statistics for this paper

More papers in 1989 Occasional Paper Series No. 5 from International Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2025-03-22
Handle: RePEc:ags:iaaeo5:197664