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  • 标题:Expansion of Mercosur's Agricultural Exports to the EU: An Empirical Assessment of the Trade Flows
  • 本地全文:下载
  • 作者:Niemi, Jyrki S. ; Huan-Niemi, Ellen ; Ledebur, Oliver von
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2005
  • 期号:suppl
  • 出版社:Journal of Agribusiness
  • 摘要:This paper provides new evidence on income and price elasticities of demand for agricultural exports from Mercosur countries to the EU. Econometric models are constructed for eight agricultural commodities - beef, cocoa, coffee, orange juice, poultry, sugar, soya and wheat - exported from Mercosur to the EU. A modelling approach based on the error correction mechanism is used in order to emphasise the importance of the dynamics of trade functions. The results indicate that there is a relatively weak demand response to income and price changes in the EU. However, the results also suggest that relative-price variations affect significantly the demand for Mercosur commodity exports, implying that the exporter's market share is influenced by price competitiveness.
  • 关键词:agricultural trade;European Union;Mercosur;econometric models;cointegration
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