Assessing Exchange Rate Sensitivity of Bilateral Agricultural Trade for the Visegrad Countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F17%3A00010985" target="_blank" >RIV/47813059:19520/17:00010985 - isvavai.cz</a>

Result on the web

<a href="http://journals.sagepub.com/doi/abs/10.1177/0030727017726207?journalCode=oaga" target="_blank" >http://journals.sagepub.com/doi/abs/10.1177/0030727017726207?journalCode=oaga</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1177/0030727017726207" target="_blank" >10.1177/0030727017726207</a>

Result language

angličtina

Original language name

Assessing Exchange Rate Sensitivity of Bilateral Agricultural Trade for the Visegrad Countries

Original language description

This article examines the short- and long-term effects of exchange rate changes on bilateral agricultural foreign trade for the Visegrad countries. Data used in this study covered the period from 1999: Q1 to 2014: Q3 and were based on the Standard International Trade Classification. To distinguish the long-term effects from the short-term ones, the J-curve theory was applied. A Johansen cointegration test and a vector error correction model were also used. The analyses showed that food, live animals, beverages and tobacco commodities were significantly connected with exchange rate movements in the long term. The effects of currency depreciation were ambiguous. However, an improvement in particular trade balances was observed in most cases following currency depreciation. The J-curve pattern was confirmed only for the Czech Republic in the trade of food and live animals with Italy and Poland and for Hungary in the trade of beverages and tobacco with Italy.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

OUTLOOK ON AGRICULTURE

ISSN

0030-7270

e-ISSN

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Volume of the periodical

46

Issue of the periodical within the volume

3

Country of publishing house

GB - UNITED KINGDOM

Number of pages

8

Pages from-to

195-202

UT code for WoS article

000410993700005

EID of the result in the Scopus database

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