caa a22 4500 386316546 CHVBK 20180307111607.0 cr unu---uuuuu 161130e198812 xx s 000 0 eng 10.1017/S0081305200017581 doi S0081305200017581 pii (NATIONALLICENCE)cambridge-10.1017/S0081305200017581 The Demand and Supply of U.S. Agricultural Exports: The Case of Wheat, Corn, and Soybeans [Elektronische Daten] [Tassos Haniotis, John Baffes, Glenn C. W. Ames] The demand for and supply of U.S. wheat, corn, and soybean exports is specified in a dynamic framework. Obtained results indicate differences in the export behavior of each product. U.S. corn exports are elastic, while U.S. soybean exports exhibit an inelastic response. For wheat, the derived elasticity of export demand had a positive sign. Hypothesis testing validated the dynamic structure of the estimated models in all markets. Stability properties were confirmed in export markets of corn and soybeans, but results were inconclusive for the wheat market. Adjustment coefficients indicate that exports and export prices do not adjust immediately to their equilibrium levels. Multiplier impacts indicate a stable path of convergence for all markets, with minimal impact of exogenous shocks on wheat and corn exports and export prices. Soybean export prices exhibit a significant response to changes in domestic export capacity, but minimal response to other exogenous shocks. Copyright © Southern Agricultural Economics Association 1988 U.S. wheat nationallicence corn nationallicence soybean exports nationallicence export elasticities nationallicence market stability nationallicence Haniotis Tassos Centre for European Agricultural Studies, Wye College, University of London aut Baffes John Department of Agricultural and Resource Economics, University of Maryland aut Ames Glenn C. W. Department of Agricultural Economics, University of Georgia aut Southern Journal of Agricultural Economics Cambridge University Press 20/2(1988-12), 45-56 0081-3052 20:2<45 1988 20 AAE https://doi.org/10.1017/S0081305200017581 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1017/S0081305200017581 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Haniotis Tassos Centre for European Agricultural Studies, Wye College, University of London aut NATIONALLICENCE 700 1- Baffes John Department of Agricultural and Resource Economics, University of Maryland aut NATIONALLICENCE 700 1- Ames Glenn C. W. Department of Agricultural Economics, University of Georgia aut NATIONALLICENCE 773 0- Southern Journal of Agricultural Economics Cambridge University Press 20/2(1988-12), 45-56 0081-3052 20:2<45 1988 20 AAE CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge