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Exchange Rate and Agricultural Trade: Evidence from Iran

Author

Listed:
  • Behzad Fakari Sardehae

    (Iran Chamber of Commerce, Industries, Mines, and Agriculture)

  • Naser Shahnoushi Foroushani

    (Ferdowsi University of Mashhad, College of Agriculture)

  • Saleh S. Tabrizy

    (The University of Oklahoma, Michael F. Price College of Business)

Abstract

Iran has been consistently running a trade deficit in agricultural products. Conditional upon domestic and global output as well as oil exports, we find that the effective real exchange rate plays a significant role in perpetuating this deficit. While we find no evidence of any J-curve dynamics, our results suggest that the effects from currency appreciation is of greater importance when compared to depreciation.

Suggested Citation

  • Behzad Fakari Sardehae & Naser Shahnoushi Foroushani & Saleh S. Tabrizy, 2023. "Exchange Rate and Agricultural Trade: Evidence from Iran," Economics Bulletin, AccessEcon, vol. 43(1), pages 302-308.
    • Handle: RePEc:ebl:ecbull:eb-22-00745
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2023/Volume43/EB-23-V43-I1-P23.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Exchange Rate; Agricultural Trade; Iran;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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