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Impact of Domestic and Foreign Macroeconomic Variables on U.S. Meat Exports (The)

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  • Liu, Donald J.
  • Chung, Pin J.
  • Meyers, William H.

Abstract

This paper examines the impact of domestic and foreign macroeconomic variables on U.S. meat exports, including beef, pork, turkey, and chicken, in the context of an open economy. The results show that foreign macroeconomic variables exert more significant and persistent effects on U.S. meat exports than domestic macroeconomic variables. The implication is that the U.S. can increase its meat exports more effectively by expending efforts on international macroeconomic policy coordination rather than on domestic sectoral policy. The results also suggest that macroeconomic models of the agricultural sector should include foreign variables and should not be limited only to domestic ones.
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Suggested Citation

  • Liu, Donald J. & Chung, Pin J. & Meyers, William H., 1993. "Impact of Domestic and Foreign Macroeconomic Variables on U.S. Meat Exports (The)," Staff General Research Papers Archive 646, Iowa State University, Department of Economics.
  • Handle: RePEc:isu:genres:646
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    1. Dyck, John H., 1988. "Demand For Meats In Japan: A Review And An Update Of Elasticity Estimates," Staff Reports 278048, United States Department of Agriculture, Economic Research Service.
    2. Bradshaw, Girard W. & Orden, David, 1990. "Granger Causality From The Exchange Rate To Agricultural Prices And Export Sales," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(1), pages 1-11, July.
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    Cited by:

    1. Bliska, Flávia Maria de Mello & Guilhoto, Joaquim José Martins, 2000. "Impactos de alterações nas exportações brasileiras de carnes sobre a economia brasileira
      [Impacts of changes in the Brazilian meat exports on the Brazilian economy]
      ," MPRA Paper 54231, University Library of Munich, Germany.

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