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| Title: | THE RELATIVE IMPACT OF NATIONAL MONETARY POLICIES AND INTERNATIONAL EXCHANGE RATE ON LONG-TERM VARIATIONS IN RELATIVE AGRICULTURAL POLICIES |
| Authors: | Cho, Guedae
Kim, Minkyoung
Koo, Won W. |
| Authors (Email): | Cho, Guedae (gcho@ndsu.nodak.edu)
Kim, Minkyoung (mkim@ndsuext.nodak.edu)
Koo, Won W. (wkoo@ndsuext.nodak.edu) |
| Keywords: | long-term variation of agricultural prices
exchange rates
money supply |
| Issue Date: | 2004 |
| Series/Report no.: | Agribusiness & Applied Economics Report No. 528 |
| Abstract: | This paper seeks to explain the causes of the long-term variation in food and agricultural prices compared to the overall price level in the United States, over the period of 1974-1996. Using cointegration methods, this study confirms a general consensus of long-run neutrality of national money (money supply) and gives practical evidence of the real impact of international money (exchange rate) on the long-term variation of relative agricultural price in the United States, especially during the 1974-1988 period. |
| URI: | http://purl.umn.edu/23495 |
| Institution/Association: | North Dakota State University>Department of Agribusiness and Applied Economics>Agribusiness & Applied Economics Report |
| Total Pages: | 19 |
| Language: | English |
| Collections: | Agribusiness & Applied Economics Report
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