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Economic Analysis of the Impacts of Changing Petroleum Prices on Soviet Grain Imports
Nalsen, Sherry Woods
Nalsen, Sherry Woods
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Abstract
The purpose of this study was to examine the impact of selected variables on Soviet grain imports. Linear regression techniques were employed to develop single equation explanatory models which tested and quantified the relationship between the price of Soviet export commodities and the quantity of grain imported. The price of petroleum was identified as the most statistically significant independent variable and was used to estimate equations explaining Soviet grain imports. explanatory power. The equations consistently showed high explanatory power.
Date
1987-07-01