THE IMPACT OF DOMESTIC AND FOREIGN MACROECONOMIC VARIABLES ON U.S. MEAT EXPORTS

This paper examines the impact of domestic and foreign macroeconomic variables on U.S. meat exports, including beef, pork, turkey, and chicken, in the context of an open economy. The results show that foreign macroeconomic variables exert more significant and persistent effects on U.S. meat exports than domestic macroeconomic variables. The implication is that the U.S. can increase its meat exports more effectively by expending efforts on international macroeconomic policy coordination rather than on domestic sectoral policy. The results also suggest that macroeconomic models of the agricultural sector should include foreign variables and should not be limited only to domestic ones.


Issue Date:
1993-10
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31542
Published in:
Agricultural and Resource Economics Review, Volume 22, Number 2
Page range:
210-221
Total Pages:
12




 Record created 2017-04-01, last modified 2017-08-24

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