The former Soviet Union and the world wheat economy

James R. Jones, Shuang L. Li, Stephen Devadoss, Charlotte Fedane

Research output: Contribution to journalArticle

6 Scopus citations

Abstract

The impacts of the former Soviet Union leaving the world wheat market as a consistent net importer are investigated using a modified spatial trade equilibrium model. The simulation results suggest that the former Soviet Union, following Bigman's stochastic trade hypothesis, can have a stabilizing role in the future world wheat economy.

Original languageEnglish
Pages (from-to)869-878
Number of pages10
JournalAmerican Journal of Agricultural Economics
Volume78
Issue number4
DOIs
StatePublished - Nov 1996

Keywords

  • Former Soviet Union
  • Spatial models
  • World wheat market

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