IDEAS home Printed from https://ideas.repec.org/a/cup/jagaec/v53y2021i3p341-374_3.html
   My bibliography  Save this article

Asymmetric Exchange Rate Pass-Through in Southeast Asian Rice Trade

Author

Listed:
  • Wiseman, Taylor
  • Luckstead, Jeff
  • Durand-Morat, Alvaro

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.

Suggested Citation

  • Wiseman, Taylor & Luckstead, Jeff & Durand-Morat, Alvaro, 2021. "Asymmetric Exchange Rate Pass-Through in Southeast Asian Rice Trade," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 53(3), pages 341-374, August.
    • Handle: RePEc:cup:jagaec:v:53:y:2021:i:3:p:341-374_3
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1074070821000079/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tey, (John) Yeong-Sheng & Shamsudin, Mad Nasir & Mohamed, Zainalabidin & Abdullah, Amin Mahir & Radam, Alias, 2008. "Demand analyses of rice in Malaysia," MPRA Paper 15062, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ranjit Kumar Paul & Tanmoy Karak, 2022. "Asymmetric Price Transmission: A Case of Wheat in India," Agriculture, MDPI, vol. 12(3), pages 1-17, March.
    2. repec:ags:aaea22:335683 is not listed on IDEAS

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Siddique, Md. Abu Bakr & Salam , Md. Abdus & Rahman, Mohammad Chhiddikur, 2020. "Estimating the Demand Elasticity of Rice in Bangladesh: An Application of the Aids Model," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 10(03), January.
    2. Md. Abu Bakr Siddique & Md. Abdus Salam & Mohammad Chhiddikur Rahman, 2020. "Estimating the Demand Elasticity of Rice in Bangladesh: An Application of the AIDS Model," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 10(3), pages 721-728, October.
    3. Tan, Andrew K. G. & Yen, Steven T. & Hasan, Abdul Rahman & Muhamed, Kamarudin, 2015. "Determinants of Purchase Likelihoods and Amounts Spent on Meat in Malaysia: A Sample Selection System Approach," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 44(01), pages 1-16, April.
    4. Kheda, V & Saravanakumarb, V & Umesha, KB, 2018. "Does farm size explain food consumption pattern? evidence from semi-arid regions of India," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 31(2).
    5. Valera, Harold Glenn & Mayorga, Joaquin & Pede, Valerien & Mishra, Ashok, 2022. "Estimating Food Demand and the Impact of Market Shocks on Food Expenditures: The Case for the Philippines and Missing Price Data," MPRA Paper 123390, University Library of Munich, Germany.
    6. Hoa K. Hoang, 2018. "Analysis of food demand in Vietnam and short†term impacts of market shocks on quantity and calorie consumption," Agricultural Economics, International Association of Agricultural Economists, vol. 49(1), pages 83-95, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jagaec:v:53:y:2021:i:3:p:341-374_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/aae .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.