Competiveness of Latin American Exports in the U.S. Banana Market

dc.creatorMuhammad, Andrew
dc.creatorFonsah, Esendugue Greg
dc.creatorZahniser, Steven
dc.date2017-04-01T19:23:32Z
dc.date.accessioned2026-07-09T05:28:01Z
dc.descriptionU.S. banana demand differentiated by country of origin is estimated using the generalized dynamic Rotterdam model. Results indicate that dynamic factors play a significant role in determining the allocation of U.S. banana expenditures across exporting sources. Of particular interest is Guatemala’s increased share and Costa Rica’s decreased share of U.S. banana supply. A number of factors explained why Guatemala replaced Costa Rica as the leading U.S. supplier in 2007. (1) Guatemala is the least expensive source on average. (2) Habit persistence, adjustment costs, and other dynamic factors favor Guatemala’s exports. (3) Given increases in the relative price of Costa Rica’s bananas, the price competition between Costa Rica and Guatemala is highly significant. (4) Bananas from Costa Rica are highly responsive to own-price while imports from Guatemala are more price-inelastic. (5) Heavy rains and fluctuating temperatures in Costa Rica have decreased banana production and exports.
dc.identifierdoi:10.22004/ag.econ.98365
dc.identifierhttps://ageconsearch.umn.edu/record/98365/files/banana%20imports%20final%20paper%20_szam_2011.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/98365
dc.identifier.urihttp://hdl.handle.net/123456789/564043
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/98365
dc.titleCompetiveness of Latin American Exports in the U.S. Banana Market
dc.typeText

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