Wheat demand in Japanese flour milling industry: A production theory approach

Abstract

A production approach based on 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 US wheat faces strong competition in the Japanese wheat market, but its multiple classes and end-use characteristics enable the US to preserve the largest market share in Japan. © 2001 Elsevier Science B.V.