Indian Journal of Agricultural Research

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Indian Journal of Agricultural Research, volume 45 issue 2 (june 2011) : 104- 112

IMPACT OF IMPORT DEMAND ON SOCIAL WELFARE OF MAIN WHEAT IMPORTING COUNTRIES

A.R. Karbasi, F. Nikbakhshnoosar, S.M. Fahimifard*
1Department of Agricultural Economics, University of Zabol, Zabol, Iran. *Department of Agriculture, Shirvan branch, Islamic Azad University, Shirvan, Iran.

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Cite article:- Karbasi A.R., Nikbakhshnoosar F., Fahimifard* S.M. (2024). IMPACT OF IMPORT DEMAND ON SOCIAL WELFARE OF MAIN WHEAT IMPORTING COUNTRIES. Indian Journal of Agricultural Research. 45(2): 104- 112. doi: .

ABSTRACT

The main aim of this study is examination of import demand function and investigation of its effects on welfare by analyzing Simultaneous equation system during 1979 to 2008. In this study the results social welfare obtained using consumer surplus for the top four wheat importing countries (Algeria, Brazil, China and Egypt). The variable price of wheat export has a negative and significant effect on consumer surplus and social welfare that per one percent increase in wheat price elasticity, has reduced consumer surplus -1.11%, -0.5211%, -12.087% and  -0.0002% for the four countries mentioned, that has been slacked the level of social welfare.

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