Abstract
This chapter explores the role state trading plays in the international grain trade. Principal attention is paid to trade in temperate zone grains, namely wheat and coarse grains.1 The only significantly traded grain excluded is rice.2 The volume of grain trade has grown steadily over the post-war years. During the same period the proportion of trade in which state traders are involved as exporters, importers or both has increased. For example, in the four-year period 1973–7, more than 95 per cent of world wheat trade involved a state trader as an exporter, importer or both. Thus it is useful to examine in more detail the role that state traders play.
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Notes and References
M. M. Kostecki, ‘Agricultural State Trading by the Developed Market Economies’, Les cahiers du CETAI, no. 78–05 (Août 1978 ).
John Freivalds, Grain Trade: The Key to World Power and Human Survival ( New York: Stein and Day, 1976 ), p. 116.
See Andrew Schmitz and Alex McCalla, ‘The Canadian Wheat Board’ in S. Hoos (ed.), Agricultural Marketing Boards — An International Perspective ( Cambridge, Massachusetts: Ballinger Publishing Company, 1979 ), pp. 79–99.
J. Bieri and A. Schmitz, ‘Market Intermediaries and Price Instability: Some Welfare Implications’, American Journal of Agricultural Economics, vol. 56, no. 2 (May 1974), pp. 280–5.
Colin Carter and Andrew Schmitz, ‘Import Tariffs and Price Formation in the World Wheat Markets’, American Journal of Agricultural Economics, vol. 61, no. 3 (August 1979) pp. 517–22; the original article on an optimum tariff is S. Enke, ‘The Monopsony Case for Tariffs’, Quarterly Journal of Economics, vol. 58 (February 1944), pp. 229–45.
A. F. McCalla, ‘Strategies in International Agricultural Marketing: Public vs. Private Sector’, in Jimmy S. Hillman and A. Schmitz (eds.), International Trade and Agriculture: Theory and Policy ( Boulder, Colorado: Westview Press, 1979 ), pp. 209–38.
T. Josling, ‘Government Price Policies and the Structure of International Agricultural Trade’, Journal of Agricultural Economics, vol. XXVIII, no. 3 (September 1977), p. 266.
A. F. McCalla, ‘A Duopoly Model of World Wheat Pricing’, Journal of Farm Economics, vol. 48, no. 3, part 1 (August 1966), pp. 711–27.
J. H. Taplin, ‘Demand in the World Wheat Market and the Export Policies of the United States, Canada, and Australia’, Ph.D. Thesis, Cornell University, 1969.
Chris M. Alaouze, A. S. Watson, and N. H. Sturgess, ‘Oligopoly Pricing in the World Wheat Market’, American Journal of Agricultural Economics, vol. 60, no. 2 (May 1978), pp. 173–85.
R. E. Just, A. Schmitz, and D. Zilberman, ‘Price Controls and Optimal Export Policies Under Alternative Market Structure’, American Economic Review, vol. 69, no. 4 (September 1979) pp. 706–14.
Harry G. Johnson, Aspects of the Theory of Tariffs ( Cambridge: Harvard University Press, 1972 ).
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© 1982 M. M. Kostecki
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Mccalla, A.F., Schmitz, A. (1982). State Trading in Grain. In: Kostecki, M.M. (eds) State Trading in International Markets. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-05887-7_4
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DOI: https://doi.org/10.1007/978-1-349-05887-7_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-05889-1
Online ISBN: 978-1-349-05887-7
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