Impact of U.S. Non-price Export Promotion Program on Export Demand for U.S. Peanuts in North America

The purpose of this study was to evaluate the effectiveness of the U.S. federal non-price export promotion programs on U.S. export demand in North America. A single-equation framework was specified for estimation of the peanut export demand model. Results indicate that the own-price of the importing...

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Bibliographic Details
Published in:Peanut science 2010, Vol.37 (1), p.70-77
Main Authors: Boonsaeng, Tullaya, Fletcher, Stanley M
Format: Article
Language:English
Subjects:
commodity prices
consumer demand
equations
export demand
exports
gross domestic product
imports
international trade
peanuts
trade balance
U.S. federal non-price export promotion programs
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Summary:The purpose of this study was to evaluate the effectiveness of the U.S. federal non-price export promotion programs on U.S. export demand in North America. A single-equation framework was specified for estimation of the peanut export demand model. Results indicate that the own-price of the importing country had a negative relationship with U.S. peanut exports, while the price of Chinese peanut exports and real income (GDP) of the importing country were positively related to U.S. peanuts exports. Export promotion programs had a positive effect on the export demand for U.S. peanut to Mexico while these programs seemed to have no effect in Canada.
ISSN:0095-3679
DOI:10.3146/PS08-026.1