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How does income affect a country's imports of agrifood?

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Title: How does income affect a country's imports of agrifood?
Author: Haq, Z.; Meilke, K.; Institute for Community Engaged Scholarship
Abstract: “BRIC” is an acronym referring to Brazil, Russia, India and China. These countries are emerging markets that have an important role in the world economy. This research looks at the BRIC countries to see what ef-fect they have on global agrifood trade patterns. In low-income countries (including India), income doesn’t play a significant role in import demand. In middle and high-income countries (including Brazil, Russia, and China) income is an important determinant in trade.
Description: Clear Language Research Summaries are a project of the Institute for Community Engaged Scholarship (ICES) at the University of Guelph. Project partners include the Business Development Office (BDO), SPARK Program at the University of Guelph, and Knowledge Mobilization Unit at York University. This project is part of the Pan-Canadian Research Impact Network. On the Web: www.csahs.uoguelph.ca/pps/clear_research
URI: http://hdl.handle.net/10214/3717
Date: 2012-06-11
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