Japan's peanut import demand: implications for United States exports

Japan's import demand for both raw peanuts and processed peanut products was estimated using the Rotterdam model in order to determine the impact of an increase in the Japanese raw peanut quota on peanut imports from the USA and its competitors. The results indicate that if a larger import budg...

Full description

Saved in:
Bibliographic Details
Published in:Agricultural economics 1994-09, Vol.11 (1), p.51-59
Main Authors: Zhang, Ping, Fletcher, Stanley M., Carley, Dale H.
Format: Article
Language:English
Subjects:
ARACHIDE
CACAHUETE
COMERCIO INTERNACIONAL
COMMERCE INTERNATIONAL
ESTADOS UNIDOS DE AMERICA
ETATS UNIS
GROUNDNUTS
INTERNATIONAL TRADE
JAPAN
JAPON
USA
Citations: Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Japan's import demand for both raw peanuts and processed peanut products was estimated using the Rotterdam model in order to determine the impact of an increase in the Japanese raw peanut quota on peanut imports from the USA and its competitors. The results indicate that if a larger import budget were allocated to raw peanut imports by Japan, most of the increase would be allocated to imports of Chinese raw peanuts. Furthermore, U.S. exports of peanut products could be affected if Japanese expenditures on peanut product imports change as a result of an increase in the quota for raw peanut imports. Thus, this study concludes that an increase in the Japanese import quota for raw peanuts provides only limited market opportunity for U.S. peanut exports, and China appears to benefit more than the USA from an increase in the Japanese raw peanut import quota. In contrast, the value added trade of peanut products could provide a better market opportunity for the U.S. peanut industry.
ISSN:0169-5150
1574-0862
DOI:10.1016/0169-5150(94)90016-7