Title: Macroeconomic Linkages to Agricultural Trade
Published in: Proceedings Issues
Editors: Roningen, V. and J. Hillman, eds.
Meeting Date: December 1980
Meeting Location: Tucson, AZ
Publication Details: International Economics Division, Economics and Statistics Service, USDA Staff Report# ESS-10
Macroeconomic Linkages to Agricultural Trade
Vernon Roningen and Jimmye Hillman, eds., June 1981
International Economics Division, Economics and Statistics Service, USDA
Staff Report #ESS-10
This report provides summaries of the papers and discussions presented at the December 15-17, 1980 meeting of the IATRC. It was held in Tucson, Arizona. Macroeconomic and monetary policies of the major trading nations have become increasingly important to U.S. agricultural trade in the last decade. U.S. exports have risen as the value of the dollar has declined. This trend has been reimbursed by the demise of the fixed exchange-rate system in the early seventies and the subsequent large increase in world demand for U.S. agricultural exports. This meeting focused on this topic from a general economic viewpoint, from the perspective of the economic modeler, and from the policymakers’ perspective of having to operate in this increasingly complex environment.