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Effects of dollar depreciation on agricultural prices and income

Author

Listed:
  • Chinkook Lee

    (Economic Research Service, Washington, DC)

  • Darryl Wills

    (Economic Research Service, Washington, DC)

Abstract

An input-output model is used to analyze the effects of dollar depreciation on US agricultural prices and income. Findings indicate that, in general, US agricultural producers do not depend heavily upon imported intermediate inputs, and thus cost-push price increase effects should be small. The response of agricultural exports and export related income to a lower dollar depend on price transmission and export elasticities of demand.

Suggested Citation

  • Chinkook Lee & Darryl Wills, 1989. "Effects of dollar depreciation on agricultural prices and income," Agribusiness, John Wiley & Sons, Ltd., vol. 5(1), pages 43-51.
  • Handle: RePEc:wly:agribz:v:5:y:1989:i:1:p:43-51
    DOI: 10.1002/1520-6297(198901)5:1<43::AID-AGR2720050105>3.0.CO;2-P
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    References listed on IDEAS

    as
    1. Giovannini, Alberto, 1988. "Exchange rates and traded goods prices," Journal of International Economics, Elsevier, vol. 24(1-2), pages 45-68, February.
    2. George A. Kahn, 1987. "Dollar depreciation and inflation," Economic Review, Federal Reserve Bank of Kansas City, vol. 72(Nov), pages 32-49.
    3. Dornbusch, Rudiger, 1987. "Exchange Rates and Prices," American Economic Review, American Economic Association, vol. 77(1), pages 93-106, March.
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    Cited by:

    1. Lee, Chinkook, 2002. "The Impact Of Intermediate Input Price Changes On Food Prices: An Analysis Of "From-The-Ground-Up" Effects," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 20(1), pages 1-18.
    2. Lee, Chinkook & Schluter, Gerald E. & O'Roark, Brian, 2000. "Minimum Wage And Food Prices: An Analysis Of Price Pass-Through Effects," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 3(1), pages 1-18.

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