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Oilseeds and oilseed products are vital commodities in international trade, and production hasbeen rapidly expanded in recent years under the yield growth and demand characteristics linkedto more income-elastic products. Of the global production for major oilseeds, which reached395.2 million metric tons in 2009, three major producers – the United States, Brazil and China –account for almost 50 percent. This paper develops a broad trade framework to estimate the impactsof transportation costs on international oilseeds trade using gravity models. We describeexport and import markets of oilseeds and derived vegetable oils. A Baier and Berstrand gravitymodel method (2009), using a Taylor-series expansion, reveals a theoretical relationship betweenincomes, trade flows and trading costs through a reduced-form gravity specification. Distancebetween two countries and border trade barriers have significant and substantive impacts on thetrade value of oilseeds and oilseeds oils.

Keywords: oilseeds trade ; gravity models ; transportation costs

Subject(s): Crop Production/Industries

International Relations/Trade

Issue Date: 2012-03

Publication Type: Journal Article

PURL Identifier: http://purl.umn.edu/139464 Published in: Journal of Food Distribution Research, Volume 43, Number 1 Page range: 35-42

Total Pages: 8

Record appears in: Food Distribution Research Society > Journal of Food Distribution Research

Autor: Xia, Ying ; Houston, Jack E. ; Escalante, Cesar L. ; Epperson, James E.

Fuente: http://ageconsearch.umn.edu/record/139464?ln=en

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