Import demand for Chilean table grapes in the United States market
This paper studied the United States import market for Chilean tablegrapes, with the objective of analyzing the competitiveness of Chile inthis market. Using the LA/AIDS model (Linear Approximation almost IdealDemand System), the import demand parameters were obtained for Chile,Mexico and the rest of the world (RDM). Quarterly data were used forimport quantities, import values, and CIF (Cost, Insurance, andFreight) prices for the period between the first quarter of 1989 andsecond quarter of 2002. Own price elasticity estimates indicatedinelastic demand for all three countries with values of -0.79, -0.86,and -0.82, for Chile, Mexico, and RDM, respectively. Cross priceelasticities between Chile and Mexico indicated significantsubstitution relationships, which was further supported by a partialelasticity of substitution equal to 0.51. Jointly these results showedthat although Chile has a strong position in this market, Mexico hasalso positioned itself as a potential competitor in those quarterswhere both countries overlap.
Year of publication: |
2005-12-31
|
---|---|
Authors: | Nahuelhual M., Laura |
Publisher: |
Instituto de Investigaciones Agropecuarias, INIA |
Subject: | import demand | table grape | AIDS model | demand elasticities | demanda por importaciones | uva de mesa | modelo AIDS | elasticidades dedemanda |
Saved in:
freely available
Saved in favorites
Similar items by subject
-
Find similar items by using search terms and synonyms from our Thesaurus for Economics (STW).