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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
Persistent link: https://www.econbiz.de/10005204640
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