In this paper, we make an attempt to rationalize the strategic behavior of major peanut exporting and importing countries in the framework of imperfectly competitive markets with the focus on the global and inter-American peanut trade. This study is motivated by the fact that liberalizing...

This paper brings time series techniques to bear on the relationships between the prices of the principal types of wheat traded internationally. In all, the relationships between eleven wheat prices (categorised by wheat quality, harvest date and port of despatch) are scrutinised to uncover the...

This study applies the concept of a dynamic dominant-firm oligopoly model to the international soybean market. It has been suggested that the international soybean market should be viewed as an oligopoly among exporting nations. Consistent with Gaskins (1971) dynamic dominant firm model, our...

Tomato trade between the U.S. and Mexico has grown significantly during the past decade. Although the tariff reductions accorded under NAFTA may explain part of his increase, there are other supply and demand factors that affect trade flows. This study develops a U.S.-Mexico tomato trade model,...

Replaced with revised version of paper 06/12/07.

The ability of African countries to achieve sustained improvements in agricultural incomes depends on their ability to generate total factor productivity (TFP) change in their agricultural sectors and adjust to movements in agricultural output and input prices. The single factoral terms of trade...

There has been concern about the effectiveness of India's agricultural policy reforms adopted in recent years as part of the overall policy liberalisation process. These concerns have been strengthened by studies of spatial market integration of major agricultural commodity markets, such as the...

The Israeli citrus export sector was liberalized in 1991 with the aim to increase citrus growers’ income and to improve overall efficiency of the international citrus marketing channel. However, the former government export monopoly’s activities were mainly taken over by four large companies...

Free trading is considered as index of global economy and factor economic growth in many countries. In this study along with recognition of growth resources, those factors such as surplus value, Labour, capital, energy, government planning and expenditure which playing the main role in economic...

The path towards a common market requires an alignment of macroeconomic policies. In the case of the MERCOSUL member countries, the observed disparities in the exchange, tax and monetary policies constitute major imbalances and impede future international economic integration. Apart from...