The Agricultural Sector in the Macroeconomic Environment: An Empirical Approach for EU
AbstractThis paper attempts to examine the relationship between the agricultural sector and the macroeconomic environment with a special mention in the way of prices formation in the agricultural sector. In the empirical analysis of this study a multivariate cointegration technique is applied in conjunction with Granger causality tests. The results of this analysis provide indications for the existence of significant causal relationships between the variables that characterize the macroeconomic environment and the indicators of the agricultural sector.
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Bibliographic InfoArticle provided by Greek Association of Agricultural Economists in its journal Agricultural Economics Review.
Volume (Year): 04 (2003)
Issue (Month): 1 (January)
Demand and Price Analysis;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-72, June.
- Sayed H. Saghaian & Michael R. Reed & Mary A. Marchant, 2002. "Monetary Impacts and Overshooting of Agricultural Prices in an Open Economy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(1), pages 90-103.
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