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A foreign exchange rate is one factor that drives U.S. agricultural trade. Considering this fact, the impact of asymmetric exchange rate changes on U.S. agricultural trade with major trading partners are analyzed. We employ a nonlinear autoregressive distributed lag (NARDL) model to analyze the...
Persistent link: https://www.econbiz.de/10012870360
Agriculture subsidies in developed countries have been a major stumbling block in Doha Round negotiations. Developed countries are providing huge subsidies to agriculture sector and thereby create distortions in the international market. Some of the developed countries are enjoying comparative...
Persistent link: https://www.econbiz.de/10012828101
The paper provides a summary measure of the Uruguay Round tariff reduction commitments in the European Union and the United States, using the Mercantilistic Trade Restrictiveness Index (MTRI) as the tariff aggregator. We compute the index for agricultural commodity aggregates assuming a specific...
Persistent link: https://www.econbiz.de/10014064372
Aggregate export supply function for US corn and bilateral import functions for US corn by Mexico, Japan, China, South … negatively impact US corn export. In addition, the current import price had a negative effect on Mexico, China, and the EU demand … corn imports, while China’s GDP impacted negatively on corn imports. More so, the US has a more price elastic supply of …
Persistent link: https://www.econbiz.de/10012482943
time to take stock of the outcomes for the U. S. economy. The result is nearly unequivocally negative, in particular, China …'s failure to fulfill its promises to dramatically increase U. S. imports. By the end of 2021, China had barely reached 40 % of …. business investment. If anything, it may be said that the American managed trade strategy vis-à-vis China has diverted US …
Persistent link: https://www.econbiz.de/10013343055
time to take stock of the outcomes for the U. S. economy. The result is nearly unequivocally negative, in particular, China …’s failure to fulfill its promises to dramatically increase U. S. imports. By the end of 2021, China had barely reached 40 % of …. business investment. If anything, it may be said that the American managed trade strategy vis-à-vis China has diverted US …
Persistent link: https://www.econbiz.de/10013175588
Since 2006, global prices and price volatility for foodgrain commodities have spiked frequently and dramatically. Such spikes have had the heaviest economic and social impact on developing nations, where agriculture accounts for a sizable portion of economic activity. We demonstrate how US...
Persistent link: https://www.econbiz.de/10009725740
The translog cost function of the U.S. agricultural sector unveils dynamic relationships between foreign and domestic inputs. On average, capital and labour are weak substitutes, but they are strong substitutes to food and agricultural imports. Therefore, enhancing trade policies on food and...
Persistent link: https://www.econbiz.de/10013017121
We are entering a period of dynamic and fundamental change in the transportation and logistics industry. The communication and collaborative aspects of the Internet are changing the way firms develop their logistics strategies, processes and systems. Internet and digital technologies help...
Persistent link: https://www.econbiz.de/10013307425
The purpose of the article is to identify and analyze scenarios of business development in the agricultural machinery market under conditions of international trade integration using the case of present-day Russia and to determine the need for state support for domestic production. As a...
Persistent link: https://www.econbiz.de/10011632471