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Full-Text Articles in Agricultural Economics
Commodity-Specific Effective Exchange Rates For U.S. Agriculture, Emilio Pagoulatos, Azzeddine Azzam
Commodity-Specific Effective Exchange Rates For U.S. Agriculture, Emilio Pagoulatos, Azzeddine Azzam
Historical Research Bulletins of the Nebraska Agricultural Experiment Station
A number of commodity-specific effective exchange rates of relevance to U.S. agriculture have been constructed. It is hoped that data presented in this study will be of use to researchers investigating the interrelationships between the dollar exchange rate and agricultural trade. An examination of the variability properties of the various agricultural trade-weighted exchange rate indices suggests that in modeling the agricultural trade-exchange rate relationship, the volatility of the exchange rate should be considered along with its level as explanatory variables.