This study examines the short- and long-run effects of changes in macroeconomic variables—agricultural commodity prices, interest rates and exchange rates—on the U.S. farm income. For this purpose, we adopt an autoregressive distributed lag (ARDL) approach to cointegration with quarterly data for 1989–2008. Results show that the exchange rate plays a crucial role in determining the long-run behavior of U.S. farm income, but has little effect in the short-run. We also find that the commodity price and interest rate have been significant determinants of U.S. farm income in both the short- and long-run over the past two decades
The increased integration of the U.S. farm sector with the nonfarm sector, during the past decade, b...
Using a monthly data covering from 1974:1 to 2002:12, this paper explores the linkage between change...
This paper focuses on the U.S. agricultural trade against the remaining of the world. The dynamic AR...
This study examines the short- and long-run effects of changes in macroeconomic variables—agricultur...
The effects of the exchange rate, the U.S. agricultural price, the domestic income, and the interest...
The effects of the exchange rate and the income and money supply of the United States and its major ...
The effects of the exchange rate and the income and money supply of the United States and its major ...
This study explores the short-run and long-run relationships between the U.S. agricultural trade bal...
This study examines the dynamic effects of changes in exchange rates on bilateral trade of agricultu...
Changes in monetary and fiscal policy in the United States in the late 1970s and early 1980s along w...
"This paper uses an autoregressive distributed lag approach to cointegration to examine the short- a...
While it is generally accepted that change in the real value of the dollar is an important deter-min...
Since the mid-1970s, there has been a fundamental structural change in the way that agricultural eco...
Using monthly data covering 1974:1 to 2002:12, this paper explores the linkage between changes in ma...
Much of the literature on the macroeconomics of agriculture investigated only the exchange rate link...
The increased integration of the U.S. farm sector with the nonfarm sector, during the past decade, b...
Using a monthly data covering from 1974:1 to 2002:12, this paper explores the linkage between change...
This paper focuses on the U.S. agricultural trade against the remaining of the world. The dynamic AR...
This study examines the short- and long-run effects of changes in macroeconomic variables—agricultur...
The effects of the exchange rate, the U.S. agricultural price, the domestic income, and the interest...
The effects of the exchange rate and the income and money supply of the United States and its major ...
The effects of the exchange rate and the income and money supply of the United States and its major ...
This study explores the short-run and long-run relationships between the U.S. agricultural trade bal...
This study examines the dynamic effects of changes in exchange rates on bilateral trade of agricultu...
Changes in monetary and fiscal policy in the United States in the late 1970s and early 1980s along w...
"This paper uses an autoregressive distributed lag approach to cointegration to examine the short- a...
While it is generally accepted that change in the real value of the dollar is an important deter-min...
Since the mid-1970s, there has been a fundamental structural change in the way that agricultural eco...
Using monthly data covering 1974:1 to 2002:12, this paper explores the linkage between changes in ma...
Much of the literature on the macroeconomics of agriculture investigated only the exchange rate link...
The increased integration of the U.S. farm sector with the nonfarm sector, during the past decade, b...
Using a monthly data covering from 1974:1 to 2002:12, this paper explores the linkage between change...
This paper focuses on the U.S. agricultural trade against the remaining of the world. The dynamic AR...