大豆的原产地和出口基础相互依赖:面板数据分析

IF 1.2 4区经济学 Q3 AGRICULTURAL ECONOMICS & POLICY

Journal of Agricultural and Resource Economics Pub Date : 2021-01-01 DOI:10.22004/AG.ECON.302464

Prithviraj Lakkakula, W. Wilson

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引用次数: 5

摘要

铁路运输的远期定价和分配机制对粮食销售系统起着至关重要的作用。我们使用面板联立方程模型检验运输成本对原产地和出口的影响。结果表明，原产地和出口基础是同时确定的，它们都受到运输成本动态变化的影响。平均而言，运输成本每增加1美元，每蒲式耳大豆的原产基础就会降低19美分，出口基础就会提高82美分。在出口基础上，运输成本与出口之间的相互作用影响着粮食营销系统中的营销策略和交易策略。

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Origin and Export Basis Interdependencies in Soybeans: A Panel Data Analysis

Forward pricing and allocation mechanisms for rail transportation serve critical functions for the grain-marketing system. We examine the effects of shipping costs on the origin and export basis using a panel simultaneous-equations model. Results indicate that the origin and export basis are determined simultaneously with each one affected by the dynamic variability of shipping costs. On average, a dollar increase for the shipping costs decreases the origin basis by 19 cents and increases the export basis by 82 cents per bushel of soybeans. The interaction between shipping cost and exports on the export basis impacts both marketing and trading strategies in the grain-marketing system.

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来源期刊

Journal of Agricultural and Resource Economics 社会科学-农业经济与政策

CiteScore

2.30

自引率

7.10%

发文量

审稿时长

>36 weeks

期刊介绍： The mission of the Journal of Agricultural and Resource Economics is to publish creative and scholarly economic studies in agriculture, natural resources, and related areas. Manuscripts dealing with the economics of food and agriculture, natural resources and the environment, human resources, and rural development issues are especially encouraged. The Journal provides a forum for topics of interest to those performing economic research as well as to those involved with economic policy and education. Submission of comments on articles previously published in the Journal is welcomed.