Advanced Search
MyIDEAS: Login to save this paper or follow this series

Agricultural Trade Bias in Exchange Rate Volatility Effect Estimation: An Application of Meta-Regression Analysis

Contents:

Author Info

  • Wesley, J.D.
  • Shen, Xuan
  • Li, Sheng
  • Wilson, Norbert L.W.

Abstract

Econometric estimates of the effect of exchange rate volatility on international trade are mixed and often wildly divergent, resulting in an ambiguous average effect. It is hypothesized that agricultural trade in particular is more sensitive to exchange rate volatility resulting in more consistent effect estimates. Meta-regression analysis is performed on a sample of 351 econometric exchange rate effect estimates, controlling for study specific characteristics including identification of agricultural sector studies. Results indicate that agricultural trade studies report more consistently significant and negative estimates than non-agriculture or aggregate trade studies, revealing a less ambiguous effect in this sector.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://purl.umn.edu/124870
Download Restriction: no

Bibliographic Info

Paper provided by Agricultural and Applied Economics Association in its series 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington with number 124870.

as in new window
Length:
Date of creation: 2012
Date of revision:
Handle: RePEc:ags:aaea12:124870

Contact details of provider:
Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202
Phone: (414) 918-3190
Fax: (414) 276-3349
Email:
Web page: http://www.aaea.org
More information through EDIRC

Related research

Keywords: agricultural trade; exchange rate uncertainty; meta-regression analysis; International Relations/Trade; Research Methods/ Statistical Methods; C83; F10; F31;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
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.:
as in new window
  1. Grobar, Lisa Morris, 1993. "The effect of real exchange rate uncertainty on LDC manufactured exports," Journal of Development Economics, Elsevier, vol. 41(2), pages 367-376, August.
  2. Ivan T. Kandilov, 2008. "The Effects of Exchange Rate Volatility on Agricultural Trade," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 90(4), pages 1028-1043.
  3. Maria Abreu Henri L. F. de Groot & Raymond J. G. M. Florax, 2005. "A Meta-Analysis of β-Convergence: the Legendary 2%," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 389-420, 07.
  4. Ozturk, 2006. "Exchange Rate Volatility and Trade: A Literature Survey," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 3(1), pages 85-102.
  5. Guedae Cho & Ian M. Sheldon & Steve McCorriston, 2002. "Exchange Rate Uncertainty and Agricultural Trade," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(4), pages 931-942.
  6. Almarwani, Abdul & Jolly, Curtis M. & Thompson, Henry, 2007. "Exchange Rates and Commodity Markets: Global Exports of Corn, Cotton, Poultry, and Soybeans," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 8(1), January.
  7. 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.
  8. Justin B. May, 2010. "International Financial Volatility and Commodity Exports: Evidence from the Thai Agricultural Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(3), pages 763-775.
  9. Hristos Doucouliagos & Martin Paldam, 2005. "Aid Effectiveness on Growth. A Meta Study," Economics Working Papers 2005-13, School of Economics and Management, University of Aarhus.
  10. Titus O. Awokuse & Yan Yuan, 2006. "The impact of exchange rate volatility on U.S. poultry exports," Agribusiness, John Wiley & Sons, Ltd., vol. 22(2), pages 233-245.
  11. Mohsen Bahmani-Oskooee & Scott W. Hegerty, 2007. "Exchange rate volatility and trade flows: a review article," Journal of Economic Studies, Emerald Group Publishing, vol. 34(3), pages 211-255, September.
  12. T.D. Stanley & Chris Doucouliagous & Stephen B. Jarrell, 2006. "Meta-Regression Analysis as the Socio-Economics of Economic Research," Economics Series 2006_21, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
  13. Suchada V. Langley & Marcelo Giugale & William H. Meyers & Charles Hallahan, 2000. "International Financial Volatility and Agricultural Commodity Trade: A Primer," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 695-700.
  14. Hristos Doucouliagos & Mehmet Ulubasoglu, 2006. "Democracy and Economic Growth: A Meta-Analysis," Economics Series 2006_04, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
  15. Mekbib Gebretsadik Haile & Geoff Pugh, 2013. "Does exchange rate volatility discourage international trade? A meta-regression analysis," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 22(3), pages 321-350, April.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ags:aaea12:124870. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.