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Information Journal Paper

Title

World Trade and wheat self-sufficiency in the world

Pages

  93-107

Abstract

 The agricultural sector is one of the significant sectors of economy; therefore self-sufficiency in this sector is essential. This paper aims at the discussion on impacts of establishing WTO in 1995 on wheat production self-sufficiency of five continents. Since the quantitative analysis of the optimal level of agricultural factors is the main tool to achieve self-sufficiency, comparative study of world wheat production factors before and after the establishment of the WTO is another purpose of this study. To capture the effects of inputs, two separate Cobb-Douglas wheat production functions, by using Panel data-set over 1981-1995 and 1996-2010, were applied. The results of study indicate that over a 30-year period; from 1980 to 2010; the trend of wheat self-sufficiency in Africa, America and Asia were stable. However, the establishment of the WTO led to a slight increase on Europe and fluctuation decline on Oceania wheat self-sufficiency. Besides, it was found that consumption of seed WTO and fertilizer after WTO, had the greatest impact on wheat yield. The contribution of labor force had reduced and productivity of this input had increased after World trade.

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    • Cite

    APA: Copy

    NESABIAN, SHARIAR, MEHRABIAN, AZADEH, & SHEKARIAN, HOMA. (2016). World Trade and wheat self-sufficiency in the world. IRANIAN JOURNAL OF AGRICUTURAL ECONOMICS AND DEVELOPMENT RESEARCH, 47(1 ), 93-107. SID. https://sid.ir/paper/146429/en

    Vancouver: Copy

    NESABIAN SHARIAR, MEHRABIAN AZADEH, SHEKARIAN HOMA. World Trade and wheat self-sufficiency in the world. IRANIAN JOURNAL OF AGRICUTURAL ECONOMICS AND DEVELOPMENT RESEARCH[Internet]. 2016;47(1 ):93-107. Available from: https://sid.ir/paper/146429/en

    IEEE: Copy

    SHARIAR NESABIAN, AZADEH MEHRABIAN, and HOMA SHEKARIAN, “World Trade and wheat self-sufficiency in the world,” IRANIAN JOURNAL OF AGRICUTURAL ECONOMICS AND DEVELOPMENT RESEARCH, vol. 47, no. 1 , pp. 93–107, 2016, [Online]. Available: https://sid.ir/paper/146429/en

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