India is the largest producer and importer of pulses in the world. Since 1970, the Indian food economy has undergone major policy reforms, including trade liberalisation, that had the effect of opening up its domestic pulse market to international trade. This market is very lucrative and of...

Cointegration analysis and an Error Correction Model are used to estimate aggregate seafood import demand functions for selected Caribbean countries. The results show that seafood import demand is price elastic. Exchange rate has a negative effect on seafood import quantity. Income and tourist...

A theoretical model is reviewed and used to evaluate the effects of currency devaluation or revaluation on production, consumption, trade, and price in both exporting and importing countries. The model is applied to the effects of devaluation on the agricultural sector, when supply and demand...

Increased promotion and awareness of healthy diets has contributed to growth in demand for fresh fruits and vegetables, for which the United States has become increasingly more dependent on imports. A modified LA/AIDS model captured seasonality and the effects of trade policy for select U.S....

International trade of horticultural commodities is increasingly important in many regions of the world, yet import patterns of key horticultural crops are understudied in the agricultural economics literature. Using data between 1991 and 2005, we estimate the drivers of per capita import demand...

Cointegration analysis and an Error Correction Model are used to estimate aggregate seafood import demand functions for selected Caribbean countries. The results show that seafood import demand is price elastic. Exchange rate has a negative effect on seafood import quantity. Income and tourist...

The consumption of milk in China has been increasing over past two decades. Currently, China does not produce enough milk to meet this increase in demand. Consequently a large volume of milk is imported. In this study, import demand for milk in China is explored using demand systems approach...

Consumption patterns of olive oil have changed over recent years influencing the supply chain. The consumption has increased in countries where olive oil is not part of the traditional diet as for example Germany and the UK, where the average consumption grew by 11 and 13% respectively during...

A regime-switching model for analysis of market integration has been developed that incorporates rate of trade information. An application of the methods to United States–China soybean trade demonstrates that the extended trade information allows better interpretation of market conditions....

Leakage in the fuel market differs, depending on whether ethanol production is determined by a tax credit or consumption mandate. Two components of market leakage are distinguished: domestic and international. Leakage with both a tax credit and a consumption mandate depends on market...