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Importer Loyalty in International Wheat Markets

Author

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  • Wilson, William W.
  • Koo, Won W.
  • Carter, Colin A.
Abstract
Important political and institutional relationships exist between most grain‐trading partners. In many cases the purpose of these relationships is to enhance importer loyalty to a particular exporter. This paper tests for loyalty in the world wheat market. Loyalty is measured by repeat purchases. An application of the Markov model is used to analyse loyalty and to explain international trade flows in wheat. Results show that in general the United States has relatively strong import loyalty compared to the other exporters such as Canada and the European Community.
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Suggested Citation

  • Wilson, William W. & Koo, Won W. & Carter, Colin A., 1987. "Importer Loyalty in International Wheat Markets," Agricultural Economics Reports 23468, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaer:23468
    DOI: 10.22004/ag.econ.23468
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    References listed on IDEAS

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    11. Wilson, William W., 1986. "Competition in the International Wheat Market," Agricultural Economics Reports 23326, North Dakota State University, Department of Agribusiness and Applied Economics.
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    Cited by:

    1. Young, Linda M. & Abbott, Philip C. & Leetmaa, Susan E., 2001. "Export Competition: Issues And Options In The Agricultural Negotiations," Commissioned Papers 14624, International Agricultural Trade Research Consortium.
    2. Veeman, Michele M. & Unterschultz, James R. & Kim, Renee B., 2002. "Canadian Wheat Export Prospects In The Asian Noodle Market: Analyzing Japan And Korean Milling Industries," Project Report Series 24055, University of Alberta, Department of Resource Economics and Environmental Sociology.

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