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Agricultural Commodity Export Data: Sales and Shipments Contrasted

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  • Ruppel, Fred J.

Abstract

Past Research has used export shipments as the dependent variable in econometric modeling of international agricultural trade This article describes export sales data, contrasting sales to shipments, and it provides numerical and statistical measures of the similarity of sales to shipments data Forward sales are analyzed, together with econometric estimations of the lead/lag relationship between current shipments and current and past values of sales The two variables are quite different graphically, numerically, and statistically Thus, one should exercise caution in using shipments data as an economic variable

Suggested Citation

  • Ruppel, Fred J., 1987. "Agricultural Commodity Export Data: Sales and Shipments Contrasted," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 39(2), pages 1-17.
    • Handle: RePEc:ags:uersja:136740
    DOI: 10.22004/ag.econ.136740
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    References listed on IDEAS

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    1. Dallas S. Batten & Michael T. Belongia, 1984. "The recent decline in agricultural exports: is the exchange rate the culprit?," Review, Federal Reserve Bank of St. Louis, vol. 66(Oct), pages 5-14.
    2. Bessler, David A & Babula, Ronald A, 1987. "Forecasting Wheat Exports: Do Exchange Rates Matter?," Journal of Business & Economic Statistics, American Statistical Association, vol. 5(3), pages 397-406, July.
    3. Paul R. Johnson & Thomas Grennes & Marie Thursby, 1977. "Devaluation, Foreign Trade Controls, and Domestic Wheat Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(4), pages 619-627.
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