Price Elasticities of Key Agricultural Commodities in China

We estimate a simultaneous equations model of Chinese markets for wheat, rice, corn, pork, and poultry. Elasticities for consumption, feed demand, production, stocks demand, and foreign trade fall within the range of results from previous studies, and are reasonable magnitudes. China has market power in the trade for all commodities.


Subject(s):
Issue Date:
2005
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19267
Total Pages:
39
Series Statement:
Selected Paper 136748




 Record created 2017-04-01, last modified 2017-04-26

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