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The labor, land, and capital intensities of US agricultural trade during 1982 are examined through an input-output model. The empirical findings indicate that factor endowments are important determinants of US agriculture's comparative advantage in international trade. In contrast to the...
Persistent link: https://www.econbiz.de/10008569877
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...
Persistent link: https://www.econbiz.de/10008570426
In the spirit of the classic Davis-Goldberg study of agribusiness, a procedure is presented for estimating and estimates of employment and income originating in the US Food and Fiber System. The Food and Fiber System is on net a nearly wholly domestic based subsystem of the economy accounting...
Persistent link: https://www.econbiz.de/10008570591
Monthly vector autoregressions of corn, farm broiler, and retail broiler prices were estimated for 1956:1-1968:12 (early period) and 1973:1-1985:11 (recent period), and then validated 36 months beyond each sample. Statistically significant evidence suggests that the dynamic manner in which corn...
Persistent link: https://www.econbiz.de/10008570040