CRITIQUE OF EXCHANGE-RATE TREATMENT IN AGRICULTURAL TRADE MODELS

被引:52
作者
CHAMBERS, RG [1 ]
JUST, RE [1 ]
机构
[1] UNIV CALIF BERKELEY,BERKELEY,CA 94720
关键词
Exchange rate; Export demand; Trade;
D O I
10.2307/1239729
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
The recent theoretical and empirical literature on the role of exchange rates in agricultural prices and trade is reviewed. Specifically, alternative specifications of the exchange rate in excess demand functions are considered. Results show that the specification most common in recent theoretical and empirical work is unnecessarily restrictive and may bias the resulting analysis. Several less restrictive specifications for empirical research are suggested. © 1978 by the American Agricultural Economics Association.
引用
收藏
页码:249 / 257
页数:9
相关论文
共 19 条
[1]  
BIERI J, 1972, 30 U CAL GIANN F MON
[2]  
BREDAHL ME, 1976, P7635 U MINN DEP AGR
[3]  
BREDAHL ME, 1977, AAEA M SAN DIEGO
[4]  
CLARK PB, 1974, EFFECTS EXCHANGE RAT, P201
[5]  
DORNBUSCH R, 1973, AM ECON REV, V63, P871
[6]  
FLETCHER S, UNPUBLISHED
[7]  
GALLAGHER P, 1977, EXPORT MARKET US WHE
[8]  
GREENSHIELDS BF, 1974, ERS364 USDA FOR AGR
[9]   DEVALUATION, FOREIGN-TRADE CONTROLS, AND DOMESTIC WHEAT PRICES [J].
JOHNSON, PR ;
GRENNES, T ;
THURSBY, M .
AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 1977, 59 (04) :619-627
[10]  
JUNZ HB, 1973, AM ECON REV, V63, P412