Publication Cover
Agrekon
Agricultural Economics Research, Policy and Practice in Southern Africa
Volume 53, 2014 - Issue 4
110
Views
1
CrossRef citations to date
0
Altmetric
Original Articles

Establishing the linkages between the South African agricultural trade balance and macroeconomic indicators

, &

REFERENCES

  • Asfaha, T. and Jooste, A. 2007. The effect of monetary changes on relative agricultural prices. Agrekon, 46(4):460–474.
  • Baek, J. and Koo, WW. 2008. Identifying macroeconomic linkages to US agricultural trade balance. Canadian Journal of Agricultural Economics, 56:63–77.
  • Bordo, MD. 1980. The effects of monetary change on relative commodity prices and the role of long term contracts. Journal of Political Economy, 88:1088–1109.
  • Boyd, D., Caporale, GM. and Smith, R. 2001. Real exchange rate effects on the balance of trade: co-integration and the Marshall-Lerner condition. International Journal of Finance and Economics, 6(3):187–200.
  • Brownson, S., Vincent, IM., Emmanuel, G. and Etim, D. 2012. Agricultural productivity and macro-economic variable fluctuation in Nigeria. International Journal of Economics and Finance, 4(8):114–117.
  • Byrne, J. P., Darby, J. and MacDonald, R. 2008. US trade and exchange rate volatility: A real sectoral bilateral analysis. Journal of macroeconomics, 30(1):238–259.
  • Cassim, R. 2003. The pace, nature and impact of trade policy in South Africa in the 1990s. South African Journal of Economic History, 18(1/2):76–95.
  • Chambers, RG. 1981. Interrelationships between monetary instruments and agricultural commodity trade. American Journal of Agricultural Economics, 63:934–941.
  • Chambers, RG. and Just, RE. 1979. A critique of exchange rate treatment in agricultural trade models. American Journal of Agricultural Economics, 61:249–257.
  • Chebbi, HE. 2010. Agriculture and economic growth in Tunisia. China Agricultural Economic Review, 2:63–78.
  • Collins, KJ., Meyers, WH. and Bredahl, ME. 1980. Multiple exchange rate changes and US agricultural commodity prices. American Journal of Agricultural Economics, 62(4):656–665.
  • Côté, A. 1994. Exchange Rate Volatility and Trade: A Survey. Working Paper 94–95. Available at SSRN: http://ssrn.com/abstract=6518
  • DAFF see Department of Agriculture, Forestry and Fisheries.
  • Davidson, R. and Mackinnon, JG. 1993. Estimation and inference in econometrics. New York, NY: Oxford University Press.
  • Department of Agriculture, Forestry and Fisheries. 2012. Abstract of agricultural statistics 2012. Pretoria: Government Printers.
  • Department of Agriculture, Forestry and Fisheries. 2011. Agriculture trade performance review. Pretoria: Government Printers.
  • Dickey, DA. and Fuller, WA. 1979. Estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74:427–431.
  • Dickey, DA. and Fuller, WA. 1981. The likelihood ratio statistics for autoregressive time series with a unit root. Econometrica, 49:1057–1072.
  • Dushmanitch, VY and Darroch, MAG. 1990. An economic analysis of the impacts of monetary policy on South African agriculture. Agrekon, 29(4):269–283.
  • Gil, JM., Ben Kaabia, M. and Chebbi, HE. 2009. Macroeconomics and agriculture in Tunisia. Applied Economics, 41:105–124.
  • Goldstein, M. and Khan, MS. 1985. Income and price effects in foreign trade. Handbook of international economics, 2:1041–1105.
  • Houthakker, HS. and Magee, SP. 1969. Income and price elasticities in world trade. Review of Economics and Statistics, 51(2):111–125.
  • Johansen, S. 1988. Statistical analysis of co-integrating vectors. Journal of Economic Dynamics and Control, 12:231–254.
  • Johansen, S. 1992. Co-integration in partial systems and the efficiency of single equation analysis. Journal of Econometrics, 52:389–402.
  • Johansen, S. 1995. Likelihood-based inference in co-integrated vector autoregressive models. Oxford: Oxford University Press.
  • Johnson, HG. 1958. International trade and economic growth. Cambridge: Harvard University Press.
  • Kargbo, JM. 2006. Exchange rate volatility and agricultural trade under policy reforms in South Africa. Development Southern Africa, 23:141–164.
  • Kwiatkowski, D., Phillips, PCB., Schmidt, P. and Shin, Y. 1992. Testing the null hypothesis of stationarity against the alternative of a unit root: how sure are we that economic time series have a unit root? Journal of Econometrics, 54:159–178.
  • Kwon, DH. and Koo, WW. 2009. AJAE appendix: inter-dependency of macro and agricultural economics: how sensitive is the relationship? http://ajae.oxfordjournals.org/content/91/5/1194.full?ijkey=c8b9ba2911ce53132e8f2ea0bd83cc622877132e&keytype2=tf_ipsecsha (Accessed 14 February 2014).
  • Mabugu, R. 2005. Fiscal policy design in South Africa: an intertemporal CGE model with perfect foresight. Paper presented during the 4th PEP Research Network General Meeting, 13–17 June 2005, Colombo, Sri Lanka, .
  • Maddala, GS. and Kim, IM. 1998. Unit roots, co-integration, and structural change. Cambridge: Cambridge University Press.
  • Orden, D. 2010. Recent Macroeconomic Dynamics and Agriculture in Historical Perspective. Journal of Agricultural and Applied Economics, 42(3):467–476.
  • Ozturk, I. and Kalyoncu, H. 2009. Exchange rate volatility and trade: an empirical investigation from cross-country comparison. African Development Review, 21(3):499–513.
  • Schuh, GE. 1974. The exchange rate and US agriculture. American Journal of Agricultural Economics, 56:1–13.
  • South African Reserve Bank. 2012. Online database. http://www.resbank.co.za/Research/Statistics/Pages/onlineDownloadFacility.aspx (Accessed January, 2013).
  • Swanepoel, J., Coetzee, ZR. and Gwarada, K. 1997. The impact on the South African economy of accelerated trade liberalisation in the context of currency depreciation. IDC Research Paper Series TS2/97. Potchefstroom: IDC.
  • Wooldridge, MJ. (ed). 2000. Reasoning about rational agents. Boston: MIT Press.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.