WHEAT IMPORT DEMAND IN THE JAPANESE FLOUR MILLING INDUSTRY: A PRODUCTION THEORY APPROACH

Abstract

The translog cost function is used to analyze import demand for wheat differentiated by class and country of origin in the Japanese wheat flour milling industry. Results indicate that U.S. wheat faces strong competition in the Japanese wheat market, but its multiple classes and end-use characteristics enable the United States to preserve the largest market share in Japan.import demand, Japan, wheat, production theory, translog cost function, International Relations/Trade,