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An Analysis of Value-Added Agricultural Exports to Middle-Income Developing Countries: The Case of Wheat and Beef Products

Published online by Cambridge University Press:  05 September 2016

Jung-Hee Lee ,
David Henneberry  and
David Pyles
Jung-Hee Lee
Affiliation:
Department of Agricultural Economics, Oklahoma State University, Stillwater, Oklahoma
David Henneberry
Affiliation:
Department of Agricultural Economics, Oklahoma State University, Stillwater, Oklahoma
David Pyles
Affiliation:
Department of Agricultural Economics, Oklahoma State University, Stillwater, Oklahoma
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Abstract

This study determined probable future directions in U.S. value-added agricultural exports to middle-income developing countries (MIDCs) under the assumption of continued income growth. Import share equations for U.S. bulk, semi-processed and value-added wheat or beef products, as a percent of total U.S. wheat or beef product exports to each MIDC, were econometrically estimated using the ordinary least squares (OLS) technique. The empirical results indicate that in most MIDCs, increases in real per capita income have negative effects on the import share of processed wheat products while having positive effects on the import share of bulk wheat. However, import shares of U.S. processed beef products are likely to increase with income growth in most MIDCs.

Keywords

value-added agricultural exportsmiddle-income developing countries (MIDCs)processed and semi-processed products
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 23 , Issue 2 , December 1991 , pp. 141 - 154
Copyright
Copyright © Southern Agricultural Economics Association 1991

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