| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Exchange Rates, Foreign Income, and U.S. Agriculture
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| Autores: |
Shane, Mathew
Roe, Terry L.
Somwaru, Agapi
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| Data: |
2008-04-25
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| Ano: |
2006
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| Palavras-chave: |
Exchange rates
U.S. agricultural trade
U.S. agricultural commodity exports
U.S. agricultural export prices
Foreign income
International Relations/Trade
F10
F14
Q17
|
| Resumo: |
This paper focuses on estimating the effects of trade partner income and real trade-weighted exchange rates on US agricultural exports. For the period 1970-2003, a one percent annual increase in trade partners’ income is found to increase total agricultural exports by about 1.6 percent while a one percent appreciation of the dollar relative to trade partner trade-weighted currencies decreases total agricultural exports by about 0.8 percent. We find these effects also carry over to 12 commodity subcategories, although the effects are conditioned by differences between bulk and high value commodities, and differences in the export demand from high compared to low income countries. We also find that the negative effect of exchange rate appreciation on exports often dominates the positive effect from income growth.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
29796
http://purl.umn.edu/6686
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| Relação: |
University of Minnesota>Center for International Food and Agricultural Policy>Conference Papers
Proceedings of the 10th Joint Conference on Agriculture, Food, and the Environment, August 27-30, 2006, Duluth, Minnesota
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| Formato: |
23
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