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Exchange Rate Volatility And U.S. Poultry Exports: Evidence From Panel Data

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Author Info

  • Yuan, Yan
  • Awokuse, Titus O.

Abstract

Very little research exists on the potential impact of exchange rate volatility on agricultural trade. This paper evaluates the effects of exchange rate volatility on U.S. poultry exports using the gravity model on panel data. We find that exchange rate volatility has a negative effect on the U.S. poultry export but only statistically significant for the model in which we use the variance of spot exchange rate as the measurements. Consistent with previous studies, foreign incomes are also a very important determinant of poultry trade.

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File URL: http://purl.umn.edu/22083
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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2003 Annual meeting, July 27-30, Montreal, Canada with number 22083.

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Date of creation: 2003
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Handle: RePEc:ags:aaea03:22083

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Related research

Keywords: exchange rates; volatility; agricultural trade; poultry exports; panel data; International Relations/Trade;

References

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  12. Pozo, Susan, 1992. "Conditional Exchange-Rate Volatility and the Volume of International Trade: Evidence from the Early 1900s," The Review of Economics and Statistics, MIT Press, vol. 74(2), pages 325-29, May.
  13. Langley, Suchada V. & Guigale, Marcelo & Meyers, William H., 2000. "International Financial Volatility and Agricultural Commodity Trade: A Primer," Staff General Research Papers 5054, Iowa State University, Department of Economics.
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Cited by:
  1. Ferto, Imre & Fogarasi, Jozsef, 2011. "On Trade Impact of Exchange Rate Volatility and Institutional Quality: The Case of Central European Countries," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114351, European Association of Agricultural Economists.

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