AN ECONOMIC ANALYSIS OF IMPORT DEMAND FOR CANOLA OIL IN THE UNITED STATES
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The study analyzes the impacts of economic and noneconomic factors on import demand for canola oil. The import demand pattern for canola oil in the United States is influenced by changes in the world's oilseeds market and government oilseeds programs and policies, including tariffs and subsidies. The U.S. import demand for canola oil was specified as a function of its own import price, prices of substitute edible vegetable oils (soybean oil and palm oil), disposable personal income, the Canadian-U.S.
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