Exchange rate uncertainty and agricultural trade

被引:100
作者
Cho, G [1 ]
Sheldon, IM
McCorriston, S
机构
[1] N Dakota State Univ, Fargo, ND 58105 USA
[2] Ohio State Univ, Dept Agr Environm & Dev Econ, Columbus, OH 43210 USA
[3] Univ Exeter, Dept Econ, Exeter EX4 4QJ, Devon, England
关键词
exchange rates; uncertainty; agricultural trade;
D O I
10.1111/1467-8276.00044
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
Using a sample of bilateral trade flows across ten developed countries between 1974 and 1995, this article explores the effect of exchange rate uncertainty on the growth of agricultural trade as compared to other sectors. Based on a gravity model that controls for other factors likely to determine bilateral trade, the results show that real exchange rate uncertainty has had a significant negative effect on agricultural trade over this period. Moreover, the negative impact of uncertainty on agricultural trade has been more significant compared to other sectors.
引用
收藏
页码:931 / 942
页数:12
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