1,720,973 research outputs found
Assessing the Impact of Food Aid on Recipient Countries: A Survey
No full textThis paper surveys the economic literature on the impacts of food aid on recipient countries. The paper reviews the conceptual and empirical challenges associated with evaluating the impacts of food aid and surveys the main analytical techniques that are used in such evaluations. It then summarizes the available economic evidence on the impacts of food aid on national economic development, domestic agricultural production and markets, commercial trade and the nutritional status of recipients.food aid, aid effectiveness, nutrition, trade, production, prices.
Is the export-led growth hypothesis valid for Canada?
No full textEmpirical evidence linking exports to economic growth has been mixed and inconclusive. This study re-examines the export-led growth (ELG) hypothesis for Canada by testing for Granger causality from exports to national output growth using vector error correction models (VECM) and the augmented vector autoregressive (VAR) methodology developed in Toda and Yamamoto (1995). Application of recent developments in time series modelling and the inclusion of relevant variables omitted in previous studies help to clarify the contradictory results from prior studies on the Canadian economy. The empirical results suggest that a long-run steady state exists among the model's six variables and that Granger causal flow is unidirectional from real exports to real GDP.
Does Stronger Intellectual Property Rights Protection Induce More Bilateral Trade? Evidence from China’s Imports
No full textThe impact of exchange rate volatility on U.S. poultry exports
No full textExisting empirical evidence on the effect of exchange rate uncertainty on trade is generally conflicting and inconclusive. While some studies found a positive relationship between exchange rate volatility and trade, others argue for the opposite. Furthermore, the vast majority of past studies only focused on aggregate trade flow data. The lack of extensive literature on studies based on disaggregated and commodity-level data may partially explain the ambiguity in past empirical evidence. This paper re-examines the relationship between exchange rate volatility and U.S. poultry exports using a panel data for 49 importing nations over two subperiods: 1976-1985 and 1986-2000. The analysis uses a fixed-effects model specification and three alternative measures of exchange rate volatility. The empirical results suggest that the choice of volatility measure matters as there is a positive relationship between exchange rate uncertainty and poultry exports. These findings are consistent with those from several previous studies. [JEL classification: F310, Q170]. © 2006 Wiley Periodicals, Inc. Agribusiness 22: 233-245, 2006.
Trade openness and economic growth: is growth export-led or import-led?
No full textMost previous investigations have only focused on the effect of export expansion on economic growth while ignoring the potential growth-enhancing contribution of imports. This article re-examines the relationship between trade and economic growth in Argentina, Colombia, and Peru with emphasis on both the role of exports and imports. Granger causality tests and impulse response functions were used to examine whether growth in trade stimulate economic growth (or vice versa). The results suggest that the singular focus of past studies on exports as the engine of growth may be misleading. Although there is some empirical evidence supporting export-led growth, the empirical support for import-led growth hypothesis is relatively stronger. In some cases, there is also evidence for reverse causality from gross domestic product growth to exports and imports.
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Journal of International Agricultural Trade and Development, Volume 09, Number 1, 2013
Get PDFTable of Table of Contents: International Pork Trade and Foot-and-Mouth Disease, Shang-Ho Yang, Michael Reed and Sayed Saghaian;
Water in the International Economy, Jeffrey J. Reimer; Has Food Aid Targeting Worked in Ethiopia? A Review of the Empirical Evidence,
Titus O. Awokuse; Cost-Benefit Analysis of Farmer Training Schools: The Case of Ghanaian Cocoa, Mike Norton, L. Lanier Nalley, Bruce Dixon, and Jennie Popp;
A Dynamic Quarterly Model of U.S. Soft Wheat Demand with a Futures Market Linkage, Ronald A. Babula; Incorporating Climatic Variability in a Partial Equilibrium Model
of Ethanol Trade: The Case of U.S. and Brazil, Rachna Tewari, Jaime Malaga and Jeff Johnso
Threshold Effects and Asymmetric Price Adjustments in U.S. Dairy Markets
No full text"Recent volatility in food prices and the growing disparity between prices at various stages of the marketing channel has generated much interest among agricultural producers, consumers, and policy makers. This study examines the effect of nonlinear threshold dynamics on asymmetric price transmission for three U.S. dairy products (butter, cheese, and fluid milk) using threshold error correction models. The empirical result suggests that price transmission of changes between producer and retail stages of the marketing chain is asymmetric for butter and fluid milk, but not for cheese prices. Also, this paper's findings indicate that conclusions about price asymmetries depend on the model specification assumptions made about symmetry and threshold effects. Thus, previous studies that assumed symmetric behavior and ignored threshold effects may be misleading." Copyright (c) 2009 Canadian Agricultural Economics Society.
Journal of International Agricultural Trade and Development, Volume 09, Number 1, 2013
No full textTable of Table of Contents: International Pork Trade and Foot-and-Mouth Disease, Shang-Ho Yang, Michael Reed and Sayed Saghaian;
Water in the International Economy, Jeffrey J. Reimer; Has Food Aid Targeting Worked in Ethiopia? A Review of the Empirical Evidence,
Titus O. Awokuse; Cost-Benefit Analysis of Farmer Training Schools: The Case of Ghanaian Cocoa, Mike Norton, L. Lanier Nalley, Bruce Dixon, and Jennie Popp;
A Dynamic Quarterly Model of U.S. Soft Wheat Demand with a Futures Market Linkage, Ronald A. Babula; Incorporating Climatic Variability in a Partial Equilibrium Model
of Ethanol Trade: The Case of U.S. and Brazil, Rachna Tewari, Jaime Malaga and Jeff Johnso
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