European Community Enlargement: Impact on U.S. Corn and Soybean Exports
用Armington模型分析欧共体扩大对美国玉米和大豆出口的影响,发现对玉米出口有显著负面影响,大豆出口增长较小,而美欧协议减少了约三分之一的净损失。
Abstract This paper utilizes the framework of an Armington model to analyze the impact of the European Community enlargement on U.S. corn and soybean exports. Results indicate that the enlargement has a significant and negative impact on U.S. corn exports to the new EC members. Increases in U.S. soybean exports are much smaller in volume terms. Declines in U.S. corn export prices outweigh the insignificant increases in U.S. soybean export prices and therefore accentuate U.S. losses. However, the U.S.‐EC agreement on their enlargement dispute cut net losses of U.S. corn and soybean exports to Spain and Portugal by about a third.