The Armington procedure (AP) has become increasingly popular in agricultural trade analyses. However, some arguments have arisen concerning the relevance of using the procedure for such analyses. This study examines the assumptions commonly made when using the Armington procedure and suggests...

Time series econometric methods are applied to monthly observational data over the period 1978-1992 on real exchange rates, real corn prices, corn export sales, and corn export shipments for the United States. In-sample fit and out-of-sample forecast results are used to discern whether exchange...

The impacts of the Uruguay Round policy provisions on the world sugar market show that these policies will stabilize the world sugar price at slightly higher levels than in the baseline. Global sugar consumption will increase as a result of the income growth caused by the Uruguay Round. Economic...

Record-high U.S. strawberry production in 1993 and another large crop anticipated in 1994 continue the growth trend that began in the 1970's. California produced nearly 80 percent of the U.S. crop on less than half of the strawberry acreage due to higher output per acre than other States. Grower...