IDEAS home Printed from https://ideas.repec.org/a/ags/joaaec/15336.html
   My bibliography  Save this article

Stabilization Policies And Agricultural Impacts In Developing Countries: The Case Of Bolivia

Author

Listed:
  • De la Barra, Victor H.
  • Marchant, Mary A.
  • Isinika, Aida C.

Abstract

This research examines the success of stabilization policies to control hyperinflation in Bolivia. Money demand functions for the hyperinflation and stabilization periods were econometrically estimated and statistically tested. We conclude that the demand for money in Bolivia changed after stabilization policies were implemented, indicating that the new government's objectives were met. Stabilization policies resulted in real economic growth for Bolivia's economy, including its agricultural sector, where agricultural export shares increased tenfold as stabilization policies corrected overvalued exchange rates.

Suggested Citation

  • De la Barra, Victor H. & Marchant, Mary A. & Isinika, Aida C., 1995. "Stabilization Policies And Agricultural Impacts In Developing Countries: The Case Of Bolivia," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(01), July.
  • Handle: RePEc:ags:joaaec:15336
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/15336
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Valdes, Alberto, 1993. "The macroeconomic environment necessary for agricultural trade and price policy reforms," Food Policy, Elsevier, vol. 18(4), pages 272-282, August.
    2. Chambers, Robert G. & Just, Richard E., 1982. "An investigation of the effect of monetary factors on agriculture," Journal of Monetary Economics, Elsevier, vol. 9(2), pages 235-247.
    3. Melvin, Michael, 1988. "The Dollarization of Latin America as a Market-Enforced Monetary Reform: Evidence and Implications," Economic Development and Cultural Change, University of Chicago Press, vol. 36(3), pages 543-558, April.
    4. Caramazza, Francesco & Hostland, Doug & Poloz, Stephen, 1990. "The demand for money and the monetary policy process in Canada," Journal of Policy Modeling, Elsevier, vol. 12(2), pages 387-426.
    5. Gupta, Kanhaya L. & Moazzami, Bakhtiar, 1988. "Dynamic specification and the demand for money function," Economics Letters, Elsevier, vol. 27(3), pages 229-231.
    6. G. Edward Schuh, 1974. "The Exchange Rate and U. S. Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(1), pages 1-13.
    7. Bagliano, Fabio-Cesare & Favero, Carlo A., 1992. "Money demand instability, expectations and policy regimes: A note on the case of Italy: 1964-1986," Journal of Banking & Finance, Elsevier, vol. 16(2), pages 331-349, April.
    8. Serletis, Apostolos, 1987. "On the Demand for Money in the United States," Empirical Economics, Springer, vol. 12(4), pages 249-255.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Miljkovic, Dragan & Garcia, Roberto J., 1996. "Employment In Agribusiness And Purchases Of Agricultural Products: The Effects Of Monetization In Yugoslavia," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 28(02), December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:joaaec:15336. 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). General contact details of provider: http://edirc.repec.org/data/saeaaea.html .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.