东南亚大米贸易中的不对称汇率传递

IF 1.6 Q2 AGRICULTURAL ECONOMICS & POLICY

Journal of Agricultural and Applied Economics Pub Date : 2021-08-01 DOI:10.1017/aae.2021.7

Taylor Wiseman, Jeff Luckstead, Alvaro Durand‐Morat

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引用次数: 3

摘要

亚洲国家消耗了世界上大约90%的大米供应。2007年至2014年间，泰国、越南和印度占世界大米出口的60%。本文利用非线性自回归分布滞后(NARDL)计量经济模型来估计汇率波动对东南亚大米贸易的影响。该分析着眼于最大的进口国和出口量，考虑了马来西亚、印度尼西亚、菲律宾和中国从泰国进口的大米。结果表明，进口国国有贸易企业对汇率波动的反应普遍不遵循利润最大化行为。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Asymmetric Exchange Rate Pass-Through in Southeast Asian Rice Trade

Abstract Asian countries consume approximately 90% of the world’s rice supply. Between 2007 and 2014, Thailand, Vietnam, and India accounted for 60% of the world’s exports of rice. A nonlinear autoregressive distributed lag (NARDL) econometric model is utilized to estimate the impact of exchange rate fluctuations on rice trade in Southeast Asia. Focusing on the largest importing countries and exporting country by volume, the analysis considers Malaysian, Indonesian, the Philippines, and Chinese rice imports from Thailand. Results show that importing countries’ state trading enterprises (STEs) generally do not follow profit-maximizing behavior in reacting to exchange rate volatility.

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来源期刊

Journal of Agricultural and Applied Economics AGRICULTURAL ECONOMICS & POLICY-

CiteScore

3.30

自引率

5.30%

发文量

审稿时长

8 weeks

期刊介绍： Published on behalf of the Southern Agricultural Economics Association, the Journal of Agricultural and Applied Economics is a forum for creative and scholarly work in agricultural economics and related areas. Contributions on methodology and applications in business, extension, research, and teaching phases of agricultural and applied economics are equally encouraged. As of 2015 (Vol 47), articles are published on an open access basis.