| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
Identifying macroeconomic linkages to US agricultural trade balance
|
| Autores: |
Baek, Jungho
Koo, Won W.
|
| Data: |
2006-05-30
|
| Ano: |
2006
|
| Palavras-chave: |
International Relations/Trade
|
| Resumo: |
This study explores the short-run and long-run relationships between the U.S. agricultural trade balance and domestic macroeconomic aggregates and agricultural variables. We use cointegration analysis and a vector error-correction model with quarterly data for 1981-2003. The results show that, in the long-run, the exchange rate, agricultural price, and disposable income are weakly exogenous in the U.S. agricultural sector and have significant effects on the trade balance. The combined short-run dynamic effects of the exchange rate, agricultural price and production, and disposable income jointly explain changes in the trade balance.
|
| Tipo: |
Conference Paper or Presentation
|
| Idioma: |
Inglês
|
| Identificador: |
21693
http://purl.umn.edu/21048
|
| Editor: |
AgEcon Search
|
| Relação: |
American Agricultural Economics Association>2006 Annual meeting, July 23-26, Long Beach, CA
Selected Paper 159853
|
| Formato: |
24
application/pdf
|
|
