Restricting flow of almonds to export markets may raise profits | Zendy

Julian M. Alston | Zendy; Jason E. Christian | Zendy; Juan R. Murua | Zendy; Richard J. Sexton | Zendy

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Restricting flow of almonds to export markets may raise profits

Author(s) -

Julian M. Alston,

Jason E. Christian,

Juan R. Murua,

Richard J. Sexton

Publication year - 1993

Publication title -

california agriculture

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.472

H-Index - 25

eISSN - 2160-8091

pISSN - 0008-0845

DOI - 10.3733/ca.v047n06p7

Subject(s) - revenue , business , production (economics) , economics , short run , natural resource economics , monetary economics , agricultural economics , commerce , international trade , international economics , microeconomics , finance

California is the world's dominant producer of almonds. Statistical models of demand for almonds in the United States and six leading export markets suggest that California can raise revenues and profits in the short run by restricting Sales to major export markets. However, in the long run, Spain or other producers may offset those short-run gains by increasing production.

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