Role of Trade in Satisfying U.S. Fresh Fruit and Vegetable Demand

Increases in U.S. consumer incomes result in an increase in imports' share of U.S. consumption. Although U.S. consumers reduce the quantity demanded in response to higher import prices, the reduction is sufficiently inelastic that exporter revenue increases. U.S. Free Trade Agreements have made...

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Bibliographic Details
Published in:Journal of international food & agribusiness marketing 2014-10, Vol.26 (4), p.326-343
Main Authors: Knutson, Ronald D., Palma, Marco A., Paggi, Mechel, Seale, James, Ribera, Luis A., Bessler, David
Format: Article
Language:English
Subjects:
fruits
imports
policy
trade
vegetables
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Summary:Increases in U.S. consumer incomes result in an increase in imports' share of U.S. consumption. Although U.S. consumers reduce the quantity demanded in response to higher import prices, the reduction is sufficiently inelastic that exporter revenue increases. U.S. Free Trade Agreements have made fresh fruits and vegetables available throughout the year and may also have broadened the U.S. marketing window for imports. Now U.S. food safety regulations favor large operations that can absorb the fixed and seasonal food safety related costs. Therefore, the brunt of the increased import competition is borne by small and medium-size producers.
ISSN:0897-4438
1528-6983
DOI:10.1080/08974438.2014.846242