Expansion of Mercosur's Agricultural Exports to the EU: An Empirical Assessment of the Trade Flows
| dc.creator | Niemi, Jyrki S. | |
| dc.creator | Huan-Niemi, Ellen | |
| dc.creator | Ledebur, Oliver von | |
| dc.creator | Salamon, Petra | |
| dc.date | 2017-04-01T13:44:51Z | |
| dc.date.accessioned | 2026-07-09T03:47:52Z | |
| dc.description | This paper provides new evidence on income and price elasticities of demand for agricultural exports from Mercosur countries to the EU. Econometric models are constructed for eight agricultural commodities - beef, cocoa, coffee, orange juice, poultry, sugar, soya and wheat - exported from Mercosur to the EU. A modelling approach based on the error correction mechanism is used in order to emphasise the importance of the dynamics of trade functions. The results indicate that there is a relatively weak demand response to income and price changes in the EU. However, the results also suggest that relative-price variations affect significantly the demand for Mercosur commodity exports, implying that the exporter's market share is influenced by price competitiveness. | |
| dc.identifier | doi:10.22004/ag.econ.24606 | |
| dc.identifier | https://ageconsearch.umn.edu/record/24606/files/cp05ni02.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/24606 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/540027 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/24606 | |
| dc.title | Expansion of Mercosur's Agricultural Exports to the EU: An Empirical Assessment of the Trade Flows | |
| dc.type | Text |