The impact of exchange rate on price and export of agricultural production

2018 ◽  
Vol 1 (4) ◽  
pp. 9-18
Author(s):  
Rasulov Tulkin Sattarovich ◽  
Khushvaktov Kuvonchbek Ravshanovich
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
Agricultural Production ◽  
Global Economy ◽  
Agricultural Economics ◽  
Agricultural Products ◽  
Pivotal Role ◽  
Price Formation ◽  
International Trade Laws ◽  
The Impact

In today’s world of swiftly increasing global economy and continuously changing international trade laws and technology exchange rate plays a pivotal role in the production, price formation, export and import of agricultural products. For many years exchange rate as an integral part of agricultural economics has been ignored. The present study was intended to investigate exchange rate as an impacting factor on the agricultural production. It also considers the researches that have been carried about the impact of the exchange rate on prices and export of agricultural products, theirs analyses and how much impact it has in the situation of Uzbekistan.

International trade: Research of the reasons for the fall

2019 ◽  
pp. 79-91 ◽  
Author(s):  
V. S. Nazarov ◽  
S. S. Lazaryan ◽  
I. V. Nikonov ◽  
A. I. Votinov
Keyword(s):  
Growth Rate ◽  
International Trade ◽  
Exchange Rate ◽  
Global Economy ◽  
Structural Changes ◽  
Global Value Chains ◽  
Value Chains ◽  
Negative Contribution ◽  
Basic Commodity ◽  
The Impact

The article assesses the impact of various factors on the growth rate of international trade. Many experts interpreted the cross-border flows of goods decline against the backdrop of a growing global economy as an alarming sign that indicates a slowdown in the processes of globalization. To determine the reasons for the dynamics of international trade, the decompositions of its growth rate were carried out and allowed to single out the effect of the dollar exchange rate, the commodities prices and global value chains on the change in the volume of trade. As a result, it was discovered that the most part of the dynamics of international trade is due to fluctuations in the exchange rate of the dollar and prices for basic commodity groups. The negative contribution of trade within global value chains in 2014 was also revealed. During the investigated period (2000—2014), such a picture was observed only in the crisis periods, which may indicate the beginning of structural changes in the world trade.

scholarly journals DAMPAK PERUBAHAN HARGA BAHAN BAKAR MINYAK (BBM) TERHADAP NILAI TUKAR PETANI (NTP) DI PROVINSI SULAWESI UTARA

2017 ◽  
Vol 13 (2A) ◽  
pp. 91
Author(s):  
Muhammad R. Ipango ◽  
Eyverson ., Ruauw ◽  
Nootje M. Benu
Keyword(s):  
Exchange Rate ◽  
Agricultural Production ◽  
Secondary Data ◽  
Transportation Cost ◽  
Fuel Oil ◽  
Fuel Price ◽  
Descriptive Research ◽  
North Sulawesi ◽  
The Cost ◽  
The Impact

This study aims to determine the impact of changes in increasing fuel price on Farmers Exchange Rate (NTP) in North Sulawesi Province. This study uses secondary data, mainly from the Central Bureau of Statistics (BPS) of North Sulawesi. Data collection was conducted for four months, from December 2016 until April 2017. The data used in this research is data from 2013 until 2016. The research method used in this research is descriptive research. The results showed that with the increase of Fuel Oil price is one of the factors that influence the Farmer's Farmer's Exchange Rate (NTP) as a whole by increasing the cost of household consumption, agricultural production cost, transportation cost, and transportation cost

scholarly journals The Impact of Global Protectionism on Port Logistics Demand

2020 ◽  
Vol 12 (4) ◽  
pp. 1444
Author(s):  
Jungran Cho ◽  
Emma Kyoungseo Hong ◽  
Jeongho Yoo ◽  
Inkyo Cheong
Keyword(s):  
International Trade ◽  
Global Economy ◽  
Maritime Logistics ◽  
Logistics System ◽  
Bilateral Relations ◽  
The Us ◽  
The World ◽  
Global Logistics ◽  
Logistics Demand ◽  
The Impact

Various risks and uncertainties are strengthening the downside of the global economy. This paper aims to estimate the impact of the US–China conflict and the World Trade Organization (WTO) Appellate Body’s shutdown on global logistics demand and to show the seriousness of the situation. Existing literature studies on protectionism or the US–China trade conflict were considered, with a focus on the effects of specific issues or impact on bilateral relations. No research has quantitatively considered the adverse effects of the Appellate Body’s shutdown. In this situation, questions can be raised whether the current global shipping logistics system can be sustainable or not. This paper attempts to estimate the shrinking demand for shipping logistics due to global protectionism. Using a dynamic general equilibrium model and trade-cargo-container conversion methodology, which differentiates this paper from previous studies, the paper suggests that the combination of tariffs and NTBs can severely reduce international trade and the demand for maritime logistics services. Depending on the scenario, port cargo is expected to decrease by 3.95 to 6.9 trillion tons, which can be half of the global cargo. Based on these estimates, this paper suggests that a catastrophe could occur in global trade order as well as global maritime logistics. Finally, underlining that the international trade order should not be severely damaged, this paper proposes that countries around the world should seriously discuss this issue at the 12th WTO Trade Ministers’ Meeting in Kazakhstan in June 2020.

Exchange Rate Volatility and International Trade-in

2020 ◽  
Vol 6 (5) ◽  
pp. 56-72
Author(s):  
Kanu Success Ikechi ◽  
Nwadiubu Anthony
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
Causal Effect ◽  
Decomposition Analysis ◽  
Real Effective Exchange Rate ◽  
Response Analysis ◽  
Effective Exchange ◽  
Trading Activities ◽  
Effective Exchange Rate ◽  
The Impact

This study investigates the impact of exchange rate volatilities on international trade in Nigeria. The research is carried under the assumption that exchange rate volatilities are deemed to impact on the volume of export and import trading activities. The study made use of Secondary data from 1996 to 2018. Econometric tools were used to ascertain relationships. The paper established a mixed result between the variables under review. While some of the tests did not provide adequate and predictive information on the relationship between exports, imports and real effective exchange rate, others did. The VAR model estimates indicate an inverse relationship between Export, Import and REER in current periods. A unit increase in export and import in a particular year leads to about 0.9% and 0.4% decrease in REER respectively. Variance decomposition analysis suggests that the shocks partially explain fluctuations in REER, as well as exports and imports. The Impulse response analysis indicates a negative association between export and real effective exchange rate while it was majorly positive for imports throughout the ten periods. The causal effect reveals that import causes exports but that exports do not granger cause imports. The ARCH modelling approach suggests the existence of a first-order Arch effect and a significant GARCH term. Though the Coefficient of GARCH in a mean term is negative; it produced a singular covariance which by itself is not unique. Results show evidence of volatility of REER clustering on import and export trading activities in Nigeria. This could have serious implications for growth in Nigeria, as a reduction in the growth of exports could reduce the foreign exchange earnings available for the financing of developmental projects. At the same time, a decline in imports could affect domestic production and consumption. It could also impinge negatively on the balance of payment positions for Nigeria. In line with these observations, monetary and fiscal interventions are required to mitigate the adverse effects since financial shocks often exacerbate exchange rate volatilities.

scholarly journals THE EXCHANGE RATE REGIME AND INTERNATIONAL TRADE: EVIDENCE FROM GHANA

2021 ◽  
pp. 1-8
Author(s):  
Adubofour Isaac
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
Foreign Trade ◽  
Electric Power ◽  
Time Series Data ◽  
Labour Force ◽  
Series Data ◽  
Inverse Association ◽  
The Impact ◽  
The Relationship

The degree of fluctuation of a country’s currency in relation to other currencies is an important factor in determining her foreign trade position. The study employed both theoretical and empirical approaches to examine Ghana’s real exchange rate and the impact on her foreign trade. A time series data, spanning from 1991 to 2019 was analyzed in an attempt to establish the relationship between exchange rate and economic growth. It is argued in the study that exchange rate has impact on a country’s export volumes. A verification on the relationship between labour force and international trade was also conducted. The study was also extended to examining the impact of a country’s access to stable electric power on export volumes. Findings of the study revealed a statistically significant and inverse association existing between exchange rate and international trade. The study also found that, wide electricity coverage has statistically significant and direct effect on foreign trade, resulting from an increased production capacity due to the availability of electric power. The study however found no suggestive evidence to support the claim that, labour force has impact on her foreign trade. A test on granger causality found no causal linkage between the variables. KEYWORDS: Exchange rate, international trade, labour force, exports.

scholarly journals AN ANALYSIS OF THE IMPACT OF CHINA'S REGIONAL AGRICULTURAL EXPORT TRADE ON ECONOMIC GROWTH

2019 ◽  
pp. 23-32
Author(s):  
FENGHE ZHANG ◽  
VIKTORIIA MEDVID
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Trade ◽  
Correlation Analysis ◽  
Market Competition ◽  
Agricultural Science ◽  
Agricultural Products ◽  
Export Trade ◽  
Agricultural Export ◽  
The Impact

Since the reform and opening up, especially since its accession to the WTO, China has become an important agricultural trade country in the world. As China's agriculture and the entire national economy share the benefits of global economic integration, they must also meet the impact of fierce market competition, price fluctuations and industrial restructuring caused by this. This study puts the export trade of agricultural products into the national economic growth system and explores the impact and contribution of agricultural export trade to China's economic growth. Based on the theory of international trade in agricultural products and economic growth, the paper analyzes the analysis framework of the impact of international trade in agricultural products on China's regional economic growth. First, based on the realistic understanding of the development of China's agricultural export trade, comprehensive and systematic analysis of the characteristics of China's agricultural export trade development to determine the future trend of it. Secondly, the correlation analysis of SPSS software is used to verify the impact of agricultural export trade on economic growth. Third, based on the test and analysis of the research results, systematically evaluate the contribution of agricultural export trade to China's economic growth. Studies have shown that the increase in agricultural export trade has made great contributions to China's economic development and has become increasingly prominent in economic development. This paper uses the economic data from 2010 to 2017. According to China's 31 administrative divisions and the three economic divisions of the eastern, central and western regions, the technical methods such as absolute value increment analysis and correlation analysis are used to explain the promotion of regional agricultural products to economic development. To this end, China needs to increase investment in agricultural science and technology, promote the development of agricultural industrialization, improve the circulation of agricultural products, reduce the transaction costs of agricultural products, improve the efficiency of international trade in agricultural products, and continuously improve the comprehensive production capacity and international competitiveness of Chinese agricultural products. Keywords: China, regional agricultural products, exports, economic growth, correlation analysis, impact.

scholarly journals Determinants of Agricultural Production and Agricultural Sector Output in Nigeria

2020 ◽  
pp. 1-9
Author(s):  
Ewubare Dennis Brown ◽  
◽  
Asimiea Iyabode ◽  
Keyword(s):  
Exchange Rate ◽  
Granger Causality ◽  
Rural Areas ◽  
Agricultural Production ◽  
Agricultural Sector ◽  
Granger Causality Test ◽  
Causality Test ◽  
Agricultural Credit ◽  
Production Output ◽  
The Impact

The study examined the determinant of agricultural production and agricultural sector output in Nigeria. The objective of the study is to determine the impact of agricultural production determinants on agricultural output. The study was carried out based on secondary data collected through the CBN statistical bulletin unit root test was conducted test and granger causality test were used as the main statistical tests. The findings from the study based on the OLS results shows that agricultural funding, agricultural credit/loan as well as exchange rate have positive relationship with agricultural production output. Also, the granger causality test shows that agricultural funding, agricultural credit loan as well as exchange rate impact on agricultural production output. In view of the findings, it is recommended for adequate budgetary provisions for the agricultural sector in order to provide infrastructural facilities to the rural areas where farm produce are concentrated in order to boost production. Also, provision of credit facilities to the agricultural sector through the farmers in rural areas should be encouraged

scholarly journals The impact of ecological soil conditions on the radiation situation formation in the areas contaminated after the accident on Chernobyl Nuclear Power Plant

2016 ◽  
pp. 112-120
Author(s):  
B. Prister ◽  
V. Pronevych
Keyword(s):  
Radioactive Contamination ◽  
Agricultural Production ◽  
Nuclear Power ◽  
Modern Technology ◽  
Chernobyl Nuclear Power Plant ◽  
Agricultural Products ◽  
Soil Conditions ◽  
Radioactive Pollution ◽  
Natural Processes ◽  
The Impact

The features of formation radiation situation in agricultural production in the areas contaminated by the Chernobyl accident were considered. On the basis of the summarized post-accident experience, assessment was made of the effectiveness of countermeasures to reduce the level of radioactive contamination of agricultural products. The current problems and scientific challenges to support agricultural production in the area of radioactive contamination in the remote period after the accident were formulated. It is shown that the use of modern technology and employing profitable agricultural production is the best way of rehabilitation contaminated areas. Natural processes of rehabilitation will not help to normalize the radiation situation theretore carrying out countermeasures in contaminated areas is vital. The developed technologies are the most effective which make it possible to carry out targeted countermeasures in individual households and small arrays. Monitoring the distribution of radioactive pollution, behavior of radionuclides in the related environment and forecast of their migration allows developing and implementing the most reasonable management decisions to improve the radioecological situation.

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