How Competitive is The World Wheat Market?
By Colin A. Carter, Donald MacLaren, and Alper Yilmaz
ABSTRACT
Japan is one of the largest importers of wheat, with imports originating from three countries, Australia, Canada, and the United States. Australia, Canada and Japan all use a government single-desk agency to control wheat trade. Many previous studies on competition in the world grain trade have argued the market is imperfectly competitive, and they often point to the Japanese market. We study the Japanese wheat import market for this reason, but find no compelling evidence of imperfect competition on the exporters' side.
 View International Trade: Theory, Empirical Analysis and Policy Session
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