The Effects of Domestic Currency Depreciation on Import Substitution: New Empirical Evidence from the Ukrainian Pork Industry

References

• Ahmed, S., M. Appendino, and M. Ruta. 2015. “Depreciations without Exports? Global Value Chains and the Exchange Rate Elasticity of Exports.” World Bank Policy Research Working Paper 7390, World Bank, Washington.
   Google Scholar
• Babula, R., F. Ruppel, and D. Bessler. 1995. “US Corn Exports: The Role of the Exchange Rate.” Journal of Agricultural Economics 13 (2): 75–88. doi:10.1111/j.1574-0862.1995.tb00377.x
   Google Scholar
• Bahmani-Oskoee, M., and A. Kutan. 2009. “The J-curve in the Emerging Economies of Eastern Europe.” Applied Economics 41 (20): 2523–32. doi:10.1080/00036840701235696
   Web of Science ®Google Scholar
• Bakucs, L. Z., S. Bojnec, and I. Ferto. 2006. “Monetary Impacts and Overshooting of Agricultural Prices in a Transition Economy: The Case of Slovenia.” Paper presented at the 103rd EAAE Seminar “Adding Value to the Agro-Food Supply Chain in the Future Euro Mediterranean Space,” Barcelona, Spain, April 2007.
   Google Scholar
• Batten, D., and M. Belongia. 1986. “Monetary Policy, Real Exchange Rates, and US Agricultural Exports.” American Journal of Agricultural Economics 68 (2): 422–27. doi:10.2307/1241457
   Web of Science ®Google Scholar
• Capistrán, C., R. Ibarra-Ramírez, and M. Ramos-Francia. 2012. “El traspaso de movimientos del tipo de cambio a los precios: Un análisis para la economía mexicana.” El Trimestre Económico LXXIX, 813–38. México: Fondo de Cultura Económica.
   Google Scholar
• Carter, C., R. Gray, and W. Furtan. 1990. “Exchange Rate Effects on Inputs and Outputs in Canadian Agriculture.” American Journal of Agricultural Economics 72 (3): 738–43. doi:10.2307/1243047
   Web of Science ®Google Scholar
• Devadoss, S., and W. Meyers. 1987. “Relative Prices and Money: Further Results from the United States.” American Journal of Agricultural Economics 69 (4): 838–42. doi:10.2307/1242195
   Web of Science ®Google Scholar
• Dorfman, J., and W. Lastrapes. 1996. “The Dynamic Responses of Crop and Livestock Prices to Money-Supply Shocks: A Bayesian Analysis Using Long-Run Identifying Restrictions.” American Journal of Agricultural Economics 78 (3): 530–41. doi:10.2307/1243271
   Web of Science ®Google Scholar
• Economics, RBB. 2014. Cost pass-through: theory, measurement, and potential policy implications. A Report prepared for the Office of Fair Trading.
   Google Scholar
• Ezekiel, M. 1938. “The Cobweb Theorem.” Quarterly Journal of Economics 52 (2): 255–80. doi:10.2307/1881734
   Google Scholar
• Gale, F., D. Marti, and D. Hu. 2012. China’s Volatile Pork Industry. A Report from the Economic Research Service, USDA, Washington.
   Google Scholar
• Gottschalk, J. 2001. “An Introduction into the SVAR Methodology: Identification, Interpretation and Limitations of SVAR Models.” Kiel Working Paper 1072, Kiel Institute of World Economics, Kiel, Germany.
   Google Scholar
• Granger, C. 1969. “Investigating Causal Relations by Econometric Models and cross-spectral Methods.” Econometrica 37 (3): 424–38. doi:10.2307/1912791
   Web of Science ®Google Scholar
• Granger, C., and G. Yoon. 2002. “Hidden Cointegration.” University of California Working Paper, San Diego, USA.
   Google Scholar
• Hanau, A. 1927. “Die Prognose der Schweinepreise.” Vierteljahreshefte zur Konjunkturforschung, 41. Berlin: Institute für Konjunkturforshung.
   Google Scholar
• Ivaniuk, U. 2014. “Determinants of Ukraine’s Agricultural Trade: The Time-Varying Estimates.” World Applied Sciences Journal 30 (11): 1593–98.
   Google Scholar
• Johnson, M., D. Anderson, and H. Bryant. 2011. “The Net Effect of Exchange Rates on Agricultural Inputs and Outputs.” Paper presented at the Agricultural & Applied Economics Association’s Joint Annual Meeting, Pittsburgh, Pennsylvania, July 2011.
   Google Scholar
• Kaldor, N. 1934. “A Classificatory Note on the Determinateness of Equilibrium.” The Review of Economic Studies 1 (2): 122–36. doi:10.2307/2967618
   Google Scholar
• Koester, U. 2016. Grundzüge der landwirtschaftlichen Marktlehre, 5 Auflage. Munich: Vahlen.
   Google Scholar
• Kost, W. 1976. “Effects of an Exchange Rate Change on Agricultural Trade.” USDA Economic Research Service.
   Google Scholar
• Lütkepohl, H. 2005. New Introduction to Multiple Time Series Analysis. New York: Springer.
   Google Scholar
• NBU. 2021. Official Exchange Rates. National Bank of Ukraine, Kyiv, Ukraine. Accessed 2021. www.bank.gov.ua
   Google Scholar
• OECD. 2022. Producer and Consumer Support Estimates Database. Accessed 2022. www.oecd.org
   Google Scholar
• Orden, D. 1986. “Public Policy, the Exchange Rate, and Agricultural Exports: Discussion.” American Journal of Agricultural Economics 68 (2): 443–44. doi:10.2307/1241461
   Google Scholar
• Orden, D., and P. Fackler. 1989. “Identifying Monetary Impacts on Agricultural Prices in VAR Models.” American Journal of Agricultural Economics 71 (2): 495–502. doi:10.2307/1241620
   Web of Science ®Google Scholar
• Progress, Pig. 2020. Russia Embraces Its New Global Role in Pork. Accessed 2022. www.pigprogress.net
   Google Scholar
• Rausser, G., J. Chalfant, H. Love, and K. Stamoulis. 1986. “Macroeconomic Linkages, Taxes, and Subsidies in the US Agricultural Sector.” American Journal of Agricultural Economics 68 (2): 399–412. doi:10.2307/1241453
   Web of Science ®Google Scholar
• Rosen, S., K. Murphy, and J. Scheinkman. 1994. “Cattle Cycles.” Journal of Political Economy 102 (3): 468–92. doi:10.1086/261942
   Web of Science ®Google Scholar
• Schuh, G. 1974. “The Exchange Rate and US Agriculture.” American Journal of Agricultural Economics 56 (1): 1–13. doi:10.2307/1239342
   Web of Science ®Google Scholar
• Shevchuk, V. 2014. “Modelling of Agricultural Import Demand in Ukraine.” Information Systems in Management 2 (3): 214–26.
   Google Scholar
• Šimáková, J. 2018. “Asymmetric Effects of Exchange Rate Changes on the Foreign Trade of Czechia.” Eastern European Economics 56 (5): 422–37. doi:10.1080/00128775.2018.1487767
   Web of Science ®Google Scholar
• SSSUa. 2021. Requested Data on Live Hog Prices and Retail Pork Prices. State Statistics Service of Ukraine, Kyiv, Ukraine.
   Google Scholar
• SSSUb. 2021. Livestock Population in Agricultural Enterprises. State Statistics Service of Ukraine, Kyiv, Ukraine. Accessed 2021. www.ukrstat.gov.ua
   Google Scholar
• SSSUc. 2021. Foreign Trade by Countries. State Statistics Service of Ukraine, Kyiv, Ukraine. Accessed 2021. www.ukrstat.gov.ua
   Google Scholar
• Wells, O. 1933. “Farmers Response to Price in Hog Production and Marketing.” Tech. Bull. 359, USDA, Washington.
   Google Scholar
• Xu, M., and D. Orden. 2002. “Exchange Rate Effects on Canadian/US Agricultural Prices.” Paper presented at the American Agricultural Economics Association annual meeting, Long Beach, California, July 2002.
   Google Scholar