Aradhyula, Satheesh V.; Eswaramoorthy, K.; Frohberg, Klaus - Center for Agricultural and Rural Development (CARD), … - 1988
The effects of exchange rate and capital stock changes are analyzed using a CGE model for the United States. The model is in the Walrasion tradition and is calibrated to 1982 data. Results indicate that a devaluation of the U.S. dollar has a positive effect on the agricultural sector and balance...