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Provedor de dados:  AgEcon
País:  United States
Título:  Exchange Rates Impacts on Agricultural Inputs Prices using VAR
Autores:  Yeboah, Osei-Agyeman
Shaik, Saleem
Allen, Albert J.
Data:  2009-08-01
Ano:  2009
Palavras-chave:  Exchange rate
Pass-through
Law of one price
SUR
VAR
Agribusiness
Financial Economics
International Relations/Trade
F14
F31
F36
F42
C23
Resumo:  The effects of the U.S. dollar exchange rate versus the Mexican peso are evaluated for four traded nonfarm-produced inputs (fertilizer, chemicals, farm machinery, and feed) in the U.S. Unit root tests suggest that the exchange rate and the four input price ratios support the presence of unit roots with a trend model but the presence unit roots can be rejected in the first difference model. This result is consistent with a fixed price/flex price conceptual framework, with industrial prices more likely to be unresponsive to the exchange rate than farm commodity prices.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  http://purl.umn.edu/53096
Relação:  Journal of Agricultural and Applied Economics>Volume 41, Number 02, August 2009
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