Exchange rate alignment and producer support
smile是什么意思estimates (PSEs) for India
moneytalks期刊名称： Agricultural Economics摄影师学习班
blowjob是什么意思我不会说英语作者： David Orden,Fuzhi Cheng
年份： 2010年
期号： 第2期翻译拍照
hll关键词： F31;Q18;Exchange rate;Cointegration;Pass‐through;Producer Support Estimate (PSE
梅根王妃诞下男婴摘要：This article examines the effects of exchange rate alignment during 1985–2002 on agricultural producer support estimates (PSEs) for India. Bad on veral time ries techniques, the equilibrium exchange rate of the Indian rupee and the corresponding misalignment of the actual rate are estimated and applied to recent PSE calculations. Our results show that the exchange rate was substantially mis可可听力网
aligned before a financial crisis and macroeconomic reform in the early 1990s, with subquent indirect effects on the PSEs. We find a relatively high pass-through of exchange rate movements to domestic agricultural prices, so that removal of the exchange rate misalignment would have improved incentives to Indian farmers during this period. More recently, this indirect exchange rate effect is smaller than the direct effect in the PSEs,...
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