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European Union Import Demand for In-Shell Peanuts

Published online by Cambridge University Press:  26 January 2015

Tullaya Boonsaeng ,
Stanley M. Fletcher  and
Carlos E. Carpio
Tullaya Boonsaeng
Affiliation:
Department of Agricultural Applied Economics at University of Georgia, Griffin, GA
Stanley M. Fletcher
Affiliation:
Department of Agricultural Applied Economics at University of Georgia, Griffin, GA
Carlos E. Carpio
Affiliation:
Department of Applied Economics and Statistics at Clemson University, Clemson, SC
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Abstract

This paper analyzes the European Union (EU) import demand for in-shell peanuts from three sources: the United States, China, and the rest of the world. We find that peanuts from different sources are differentiated by EU consumers. The expenditure elasticity is elastic for U.S. in-shell peanuts, which is associated with their higher quality. The conditional own price elasticities are more elastic for U.S. and Chinese in-shell peanuts. These findings have at least two implications. First, U.S. producers and exporters should direct efforts to ensure that in-shell peanuts exported to the EU are of the best possible quality, and, second, promotion efforts should stress the quality of U.S peanuts as an advertising tool.

Keywords

European Union import demandin-shell peanutsnonlinear SAIDSD12Q11Q17
Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 40 , Issue 3 , December 2008 , pp. 941 - 951
Copyright
Copyright © Southern Agricultural Economics Association 2008

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