impact of price and exchange rate flutuations on volume of agricultural export commodities

the case of natural rubber, 1970-1990 by S. A. N. D. Chidebelu

Publisher: NISER in [Ibadan]

Written in English
Published: Pages: 33 Downloads: 906
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  • Nigeria


  • Rubber industry and trade -- Nigeria -- Mathematical models.

Edition Notes

StatementChidebelu Sand, Damian Ayichi, C.U. Okoye.
ContributionsAyichi, Damian., Okoye, Chukwuemeka., Nigerian Institute of Social and Economic Research., International Development Research Centre (Canada)
LC ClassificationsHD9161.N572 S26 1998
The Physical Object
Paginationix, 33 p. ;
Number of Pages33
ID Numbers
Open LibraryOL6831197M
LC Control Number00321876

Exchange rates have long been thought to have an important impact on the export and import of goods and services, and, thus, exchange rates are expected to influence the price of those products that are traded. At the same time, energy Cited by: Journal of International Money Journal of International Money and Finance and Finance ELSEVIER 18 () Exchange rate variation, commodity price variation and the implications for international trade C.E. Smith* Department of Economics, University of Alberta, Tory Building, Edmonton, Alberta, Canada ToG 2H4 Abstract A commonly-cited disadvantage of floating exchange rates Cited by: For real commodity prices we choose an extended dataset of the original Grilli–Yang Commodity Price Index (GYCPI) which contains commodity price indices of a range of primary commodities.3 3 We do not use exchange rates in the model as we cannot allow for another variable in the current framework. The GYCPI is a popular index and is used Cited by: 5. There's normally an inverse relationship between the value of the dollar and commodity prices. The prices of commodities have historically tended to drop when the dollar strengthens against other major currencies, and when the value of the dollar weakens against other major currencies, the prices of commodities generally move higher.

Wang and Barrett Effects of Exchange Rate Volatility on Export Volumes The empirical evidence on this point remains thin and somewhat inconclusive, especially as regards agricultural exports from developing countries. For example, Klein () comprehensively tests the impact of exchange rate uncertainty on U.S. monthly. In , a dollar-driven drop in demand for U.S. agricultural goods was compounded by some commodities markets being flush with excess world supply that also put downward pressure on prices. These market conditions pushed the export price index of agricultural commodities down percent in exported. The volume of these agricultural exports has increased dramatically over the past 20 years, generating foreign exchange and profits for local farmers. South African maize 0 2 4 6 8 10 12 14 16 File Size: 2MB. The study focused on the effects of price and exchange rate fluctuations on Agricultural exports (cocoa) in Nigeria. Secondary data were collected from the publications of Central Bank of Nigeria (CBN): Statistical Bulletin, Economic and Financial Reviews, Bullion and Annual Reports and Statement of Accounts (various issues).

Cote D'Ivoire - Export Promotion and Diversification Project (英语) 摘要. The ratings for this project are as follows: The project outcome is satisfactory, project sustainability is likely, the institutional development impact is substantial, and the overall performance of . Get the latest global commodities market data and news from Nasdaq. The Effect of Commodity Prices on African Economic Growth Hangnile Nathalie Olga Tiawara African countries export more primary commodities than anything else (Deaton, ). prices, and real exchange rate of the domestic currency. Thus, Ratha . Using industry‐specific exchange rates, Dekle () finds that an exchange rate‐induced change in foreign industry‐specific prices has a significant influence on manufacturing employment in Japan in the long run. No differences are found between high and low export sectors in their response to exchange rate movements, which is probably Cited by:

impact of price and exchange rate flutuations on volume of agricultural export commodities by S. A. N. D. Chidebelu Download PDF EPUB FB2

The general objective of the study is to empirically analyze the impact of exchange rate fluctuations on agricultural export volumes in Nigeria. Specific objectives include: (1) To investigate impact of the level of relative price of agricultural exports on the agricultural exports Size: KB.

Effects of Exchange Rate on Agricultural Export in Nigeria 34 | Page The results shows that exchange rate fluctuations and also deviation of real exchange rate from its long run equilibrium path are inhibiting factors in the agricultural products‟ Size: KB. Figure 1. U.S. meat and feed exports and the real effective dollar exchange rate Figure 1 shows that the substantial appreciation of the dollar against many world currencies that began in peaked in From tothe real effective dollar exchange rate depreciated on average percent a year for a total depreciation of.

Foreign Exchange Rate Fluctuations Exchange rate fluctuation refers to the extent to which prices of currencies tend to fluctuate over time (C ote, ). The measure captures the uncertainty due to unpredictable fluctuations in the exchange rates. Exchange rate fluctuations are therefore a source of risk and uncertainty which.

Since the mids, however, many developing country governments have been reforming their agricultural, trade, and exchange rate policies, thereby reducing their anti-agricultural bias. Some high income countries have reduced their farm price supports, too, making it easier for developing countries to compete in the international : Kym Anderson.

The objective of this paper is to bring the discussion regarding the impact of soaring food prices. It has been estimated that about 70 percent of the world’s poor live in rural, and strongly dependent from agriculture, areas.

Soaring food prices generate for welfare possibilities improvements of their livelihoods and declining poverty File Size: KB. Correct citation: Wondemu, Kifle and Potts, David, (), The Impact of the real exchange rate changes /on export performance in Tanzania and Ethiopia, Working Paper Series N°African Development Bank, Abidjan, Côte d’ Size: 1MB.

The retail price of coffee mirrors the price paid to suppliers. With a peak in price during Why is the price of Starbucks less volatile than the actual price of coffee beans. If you buy a cappuccino from Starbucks, the price of coffee beans only accounts for a small percentage of the final price.

The dollar gets stronger when its exchange rate rises relative to other currencies like the Chinese yuan and the European Union’s euro. As measured by the Real Trade-Weighted U.S.

Dollar Index published by the Federal Reserve Bank of St. Louis’ FRED database, the all-time high for the dollar was in Marchwhen the Fed raised short-term interest rates to 9 percent to combat. In addition to the impact exchange rates have on the prices international buyers face, exchange rates and also impact the price signals international competitors receive.

In figure 2, the U.S. farm-level price of soybeans is shown in U.S. dollars (blue, left axis) and the Brazilian Real equivalent price (orange, right axis).

The purpose of this study is to measure the impact of exchange rate on major agricultural export commodities of Thailand using time series analysis over the period of January to December exchange rate impact on export volumes In this section we discuss recent work at the Reserve Bank aimed at quantifying the impact of the real exchange rate on export volumes.

We look at the speed and magnitude of export volume responsiveness to the real TWI, and in some sectors, to changes in real bilateral exchange rates.

We also. THE IMPACT OF EXCHANGE RATE ON EXPORT OF AGRICULTURAL PRODUCT IN NIGERIA ABSTRACT This research work investigates the impact of exchange rate on export of agricultural products by the monetary authorities of Nigeria, using the least squares Statistical data utilized for least square spanned between From the finding of this research work, it was.

s (partly because of the sharp fall in world prices for its main export commodities, corruption and cronyism and poor domestic economic management).

The decline in the GDP growth was sudden and severe, from 8% to less than -5% per year for the Size: KB. The various food products that comprise agricultural commodities, as also crude oil, have been using the dollar exchange rate for international trade.

Over the past several years, the changes in the dollar exchange rate have shown more volatility in addition to a depreciation trend, which has had an influence on the prices of those by: 9. The purpose of this study is to examine exchange rates impact on the balance of payment (BOP).the secondary data where use from the RBI (central bank of India) from to World Commodity Prices and their Impact on Developing Countries January to December Commodities, raw or partially processed, are often the most significant exports of developing countries, and revenues obtained from them have an important effect on the economies and living standards in these countries.

The primary objective of this study is to assess the impact of exchange rate on exports in South Africa between the periods to and to establish whether a statistically significant relationship exists between exports and exchange rate.

The study incorporated real interest rate, investments and inflation as control variables. spanning 22 years from to In addition to other controlled variables, exchange rate is used as an independent variable while export growth is the dependent variable.

Using the OLS estimator, the study finds that exchange rate has no impact on the export of goods and services in. Assessing the Impact of Exchange Rate on Major Agricultural Export Commodities of Thailand. International Journal of Agricultural Technology 12(6): The purpose of this study is to measure the impact of exchange rate on major agricultural export commodities of Thailand using time series analysis over the period of January to.

The Impact of Exchange Rate Variability on Agricultural Exports of Developing Countries. Journal of International Food & Agribusiness Marketing: Vol. Cited by: U.S. Agricultural Trade in Major Commodities and Trends as changes in exchange rates alter relative prices among suppliers.

Higher value goods, like meats, fruits and vegetables, and processed goods, are differentiated by factors such as brand, quality, or sanitary and phytosanitary standards. export volume was significantly. relationship between export flows and exchange rate. Most of the empirical work in this area is generally unable to establish a statistically significant link between exchange rate fluctuations and agricultural export.

In a developing economy like Nigeria, where export price fluctuates as a result of currency devaluation which isFile Size: KB. Effect of price and exchange rate volatility on Kenya’s black tea export demand: A pooled mean group countries intervened in pricing of agricultural commodities prior to adoption of market and economic reforms in general.

FAO () acknowledges the role that tea production impact on the volume traded (exports or imports). For example. Exchange rate studies usually focus on the rate of exchange-rate pass-through-- the impact of a change in the exchange rate on prices in the importing country.

Pass-through is considered “complete” when the response is one-for-one–e.g., when a 1 percent change in the exchange rate results in a 1 percent change in the import price.

Impact of exchange rate on Imports and Exports of Pakistan. () Abdullah Hashmi () Wednesday Table of Contents 1. Introduction: 3 What is exchange rate. 3 Floating exchange rate function. 3 How exchange rate effect imports and exports. 3 3. Methodology: 5 4.

Data Collection: 6 5. Data Analysis: 8 6. Research. African agricultural reforms: the role of consensus and institutions (English) Abstract. Studies evaluating the supply response in Sub-Saharan Africa (SSA) to the agricultural policy reforms have found that agricultural growth rates after reforms have been uneven, and, in many countries.

The book contains 10 studies focusing on a group of Cited by: 2. () comprehensively tests the impact of exchange rate uncertainty on U.S.

monthly bilateral sectoral exports to six major industrial countries, and finds that exchange rate volatility negatively affects agricultural exports, far more than trade volumes from other.

Exchange rate overshooting occurs because exchange rates tend to be more flexible than other prices; exchange rates often fluctuates more in the short run than in the long run so as to compensate for other prices that are slower to adjust to their long-run equilibrium levels.

OPEC, or the Organization of Petroleum Exporting Countries, is the main influencer of fluctuations in oil prices. OPEC is a consortium that, as of. The agricultural export price index is more volatile than the overall export price index.

Agricultural export prices see-sawed in the first quarter of —decreasing percent in January then increasing percent in February, followed by a decrease of percent in March. The downturn in the value of the dollar, low oil prices, and.Cote D'Ivoire - Export Promotion and Diversification Project (English) Abstract.

The ratings for this project are as follows: The project outcome is satisfactory, project sustainability is likely, the institutional development impact is substantial, and the overall performance of .The Recent Decline in Agricultural Exports: Is the Exchange Rate the Culprit?

Dallas S. Batten and Michael T. Belongia FTER increasing at an annual rate of percent between andthe volume of U.S. exports of agricultural products exhibited no growth in and declined at a percent annual rate in and