In North America and Europe, wheat is a very important commodity that has been at the heart of trade disputes and policy conflicts. This study uses a dynamic Almost Ideal Demand System (AIDS) to estimate demand elasticities for wheat differentiated by classes, for the United States and the...

The international wheat market has received much attention from researchers because of the perception that noncompetitive elements exist in the market. This study examines price dynamics among the United States, Canada, Australia, the European Union, and Argentina using a cointegration and error...

The Export Enhancement Program (EEP) was initiated under the Food Security Act of 1985 to offset the adverse effects of unfair trade practices on U.S. exports and to support U.S. prices. More recently, EEP has been constrained by both GATT and the FAIR Act. This study measures the impacts of the...

The scope and purpose of this manual for Jamaica are the same as those of the technical manual for Honduras: it provides the basic tools for successfully using and managing the Food Aid and Food Security Analysis System. The manual includes instructions for conducting various policy analyses...

Using a formula to estimate per acre costs at 70, 75, and 80 percent levels of coverage, this study provides estimates of the government cost of the revenue assurance plan, one of the alternative proposals for the 1995 Farm Bill. These costs are compared with results from previous studies and...

In this paper, relationships between U.S. and Canadian wheat prices are examined using cointegration and error correction approach. The use of an error correction model is appropriate because U.S. and Canadian wheat prices are first differenced stationary and cointegrated. The results suggest...

This paper examines price integration in the MERCOSUR countries of Argentina and Brazil after the creation of this regional economic agreement using a fractional cointegration analysis. The results suggest that Argentine wheat and corn prices are fully cointegrated with the corresponding world...