Uncertainty and the Stability of Money Demand Functions for the U.S. Agricultural Sector

Author(s):  
Ghulam Sarwar ◽  
Naginder S. Dhaliwal ◽  
John F. Yanagida
1995 ◽  
Vol 27 (1) ◽  
pp. 184-196 ◽  
Author(s):  
Victor H. De la Barra ◽  
Mary A. Marchant ◽  
Aida C. Isinika

AbstractThis research examines the success of stabilization policies to control hyperinflation in Bolivia. Money demand functions for the hyperinflation and stabilization periods were econometrically estimated and statistically tested. We conclude that the demand for money in Bolivia changed after stabilization policies were implemented, indicating that the new government's objectives were met. Stabilization policies resulted in real economic growth for Bolivia's economy, including its agricultural sector, where agricultural export shares increased tenfold as stabilization policies corrected overvalued exchange rates.


1980 ◽  
Vol 12 (2) ◽  
pp. 111-116 ◽  
Author(s):  
Kisan R. Gunjal ◽  
Roland K. Roberts ◽  
Earl O. Heady

Fertilizer consumption by the U.S. agricultural sector has increased dramatically for several decades. Nitrogen fertilizer use increased 632 percent between 1952 and 1976. Phosphate and potash fertilizer use increased 138 and 229 percent, respectively, in the same period (USDA 1978). However, the upward trend in fertilizer use was temporarily interrupted during the early and mid-1970s as the real fertilizer price began to increase after many years of decline.Higher levels of aggregate fertilizer consumption over the 1952–1976 period outweighed the decline in the real price of fertilizer as real dollar expenditures for fertilizer continued to rise. Our study includes an attempt to relate fertilizer use for different crops to relevant economic variables.


2015 ◽  
Vol 73 ◽  
pp. 48-65 ◽  
Author(s):  
Robert E. Lucas ◽  
Juan Pablo Nicolini
Keyword(s):  

2005 ◽  
Vol 73 (6) ◽  
pp. 737-753 ◽  
Author(s):  
GUGLIELMO MARIA CAPORALE ◽  
LUIS A. GIL-ALANA

2015 ◽  
Vol 17 (4) ◽  
pp. 109-157 ◽  
Author(s):  
Thomas K. Robb ◽  
David James Gill

This article explains the origins of the Australia–New Zealand–United States (ANZUS) Treaty by highlighting U.S. ambitions in the Pacific region after World War II. Three clarifications to the historiography merit attention. First, an alliance with Australia and New Zealand reflected the pursuit of U.S. interests rather than the skill of antipodean diplomacy. Despite initial reservations in Washington, geostrategic anxiety and economic ambition ultimately spurred cooperation. The U.S. government's eventual recourse to coercive diplomacy against the other ANZUS members, and the exclusion of Britain from the alliance, substantiate claims of self-interest. Second, the historiography neglects the economic rationale underlying the U.S. commitment to Pacific security. Regional cooperation ensured the revival of Japan, the avoidance of discriminatory trade policies, and the stability of the Bretton Woods monetary system. Third, scholars have unduly played down and misunderstood the concept of race. U.S. foreign policy elites invoked ideas about a “White Man's Club” in Asia to obscure the pursuit of U.S. interests in the region and to ensure British exclusion from the treaty.


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