000119726 001__ 119726
000119726 005__ 20180122220540.0
000119726 037__ $$a1372-2016-109029
000119726 041__ $$aen_US
000119726 245__ $$aExchange Rate Volatility in BRICS Countries
000119726 260__ $$c2012
000119726 269__ $$a2012
000119726 270__ $$mdmarad1@tigers.lsu.edu$$pMARADIAGA,   DAVID I.
000119726 270__ $$mHZapata@agcenter.lsu.edu$$pZAPATA,   HECTOR O.
000119726 270__ $$mapujul1@tigers.lsu.edu$$pPUJULA,   AUDE L.
000119726 300__ $$a18
000119726 336__ $$aConference Paper/ Presentation
000119726 520__ $$aThis paper measures the impact of bilateral exchange rates, the world agricultural GDP and third-country exchange rate volatilities (Yen/USD and Euro/USD) on the BRICS agricultural exports using a vector autoregressive (VAR) model. Two measures of volatility are used: the standard deviation and the coefficient of variation of the rates of change of the real exchange rates. We found that most variables are integrated of order two except the third-country exchange rate volatilities which are stationary and thus considered as exogenous in the VAR models. The causality between I(2) variables was tested using the modified Wald test introduced by Toda and Yamamoto (1995). We found that both volatilities (Yen/USD and Euro/USD) Granger cause Brazilian agricultural exports and that the Yen/USD causes Chinese agricultural exports.
000119726 542__ $$fLicense granted by DAVID I. MARADIAGA (dmarad1@tigers.lsu.edu) on 2012-01-17T04:00:21Z (GMT):

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000119726 650__ $$aInternational Relations/Trade
000119726 6531_ $$aBRICS
000119726 6531_ $$aCurrency Exchange Rate
000119726 6531_ $$aVolatility
000119726 6531_ $$aTrade
000119726 6531_ $$aAgricultural Exports
000119726 6531_ $$aU.S. Dollar
000119726 6531_ $$aRisk
000119726 700__ $$aMaradiaga, David Isaias
000119726 700__ $$aZapata, Hector O.
000119726 700__ $$aPujula, Aude Liliana
000119726 8564_ $$s567545$$uhttp://ageconsearch.umn.edu/record/119726/files/Maradiaga_Zapata_Pujula_SAEA2012.pdf
000119726 887__ $$ahttp://purl.umn.edu/119726
000119726 909CO $$ooai:ageconsearch.umn.edu:119726$$pGLOBAL_SET
000119726 912__ $$nSubmitted by DAVID I. MARADIAGA (dmarad1@tigers.lsu.edu) on 2012-01-17T04:58:52Z
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  Previous issue date: 2012
000119726 982__ $$gSouthern Agricultural Economics Association>2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama
000119726 980__ $$a1372