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GTAP Resources: Resource Display

GTAP Resource #262

"The Asian Financial Crisis: Effects on US Agricutlure"
by Coyle, William, Warwick McKibbin and Zhi Wang


Abstract
This study investigates the impact of the recent Asian financial crisis on global economic adjustment and its implication for US agriculture using a multi-country, multi-sector dynamic intertemporal general equilibrium model with endogenously modelled financial markets. The simulation results show that the crisis in Asia reduces not only US exports but also interest rates and the cost of intermediate inputs of production, stimulating US domestic economic activity in interest-sensitive sectors, and driving up demand for agriculture products. However, this stimulus of domestic demand may or may not offset the negative impact of declining exports.

JEL Classifcation Numbers: D58, F17, F30.


Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
Status: Published
By/In: Staff per No. 9805, United States Dertment of Agriculture, Economic Research Service. 30
Date: 1998
Version:
Created: Bacou, M. (9/27/2000)
Updated: Batta, G. (8/29/2007)
Visits: 1,789
- Agricultural policies


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  File format GTAP Resource 262  (209.0 KB)   Replicated: 0 time(s)


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