IDEAS home Printed from https://ideas.repec.org/p/ags/uerssr/324727.html
   My bibliography  Save this paper

How Strategies to Reduce U.S. Bilateral Trade Deficits in Manufactures Affect U.S. Agricultural Exports

Author

Listed:
  • Schwartz, Nancy E.
  • Krissoff, Barry

Abstract

Recent U.S. policy debate has focused on reducing U.S. bilateral trade deficits in manufactures with Japan and the European Community (EC). This paper analyzes how different policies would affect U.S. agricultural exports. The analysis uses a static equilibrium world model for disaggregated agriculture, aggregated Armington-type manufactures, and aggregated nontraded goods. Agricultural exports tend to be hurt least by foreign liberalization of manufactures trade and hurt most by U.S. imposition of retaliatory protection on manufactures, although both these policies improve U.S. bilateral trade deficits. By contrast, a 10-percent devaluation of the dollar helps agriculture and induces the largest improvement in bilateral trade deficits.

Suggested Citation

  • Schwartz, Nancy E. & Krissoff, Barry, 1987. "How Strategies to Reduce U.S. Bilateral Trade Deficits in Manufactures Affect U.S. Agricultural Exports," Staff Reports 324727, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:324727
    DOI: 10.22004/ag.econ.324727
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/324727/files/AGES871005.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.324727?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Krissoff, Barry & Ballenger, Nicole, 1987. "The Effect of Protection and Exchange Rate Policies on Agricultural Trade: Implications for Argentina, Brazil, and Mexico," Working Papers 51820, International Agricultural Trade Research Consortium.
    2. Roningen, Vernon Oley, 1986. "A Static World Policy Simulation (Swopsim) Modeling Framework," Staff Reports 277898, United States Department of Agriculture, Economic Research Service.
    3. Dixit, Praveen M. & Roningen, Vernon Oley, 1986. "Modeling Bilateral Trade Flows With The Static World Policy Simulation (Swopsim) Modeling Framework," Staff Reports 277920, United States Department of Agriculture, Economic Research Service.
    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. Schwartz, Nancy E. & Krissoff, Barry, 1989. "Unbalancing Act: Strategies for Trade in Manufactures and Agricultural Trade Impacts," 1989 Occasional Paper Series No. 5 197667, International Association of Agricultural Economists.

    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. Schwartz, Nancy E. & Krissoff, Barry, 1989. "Unbalancing Act: Strategies for Trade in Manufactures and Agricultural Trade Impacts," 1989 Occasional Paper Series No. 5 197667, International Association of Agricultural Economists.
    2. Krissoff, Barry & Ballenger, Nicole, 1987. "Trade Liberalization With Endogenous Exchange Rates," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269953, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Haley, Stephen L., 1990. "Measuring the Effectiveness of the Export Enhancement Program for Poultry," Staff Reports 278276, United States Department of Agriculture, Economic Research Service.
    4. Stephen L. Haley, 1990. "Measuring the effectiveness of the export enhancement program for poultry," Agribusiness, John Wiley & Sons, Ltd., vol. 6(2), pages 97-108.
    5. Koo, Won W. & Taylor, Richard D. & Karemera, David, 1992. "Determinants of Red Meat Trade Flows," Agricultural Economics Reports 23448, North Dakota State University, Department of Agribusiness and Applied Economics.
    6. Roningen, Vernon & Dixit, Praveen & Sullivan, John & Hart, Tracey, 1991. "Overview of the Static World Policy Simulation (SWOPSIM) Modeling Framework," Staff Reports 278390, United States Department of Agriculture, Economic Research Service.
    7. Roningen, Vernon & Dixit, Praveen & Sullivan, John & Hart, Tracy, 1991. "Overview of the Static World Policy Simulation (SWOPSIM) Modeling Framework," Staff Reports 278513, United States Department of Agriculture, Economic Research Service.
    8. Roningen, Vernon O. & Dixit, Praveen M., 1989. "Economic Implications Of Agricultural Policy Reforms In Industrial Market Economies," Staff Reports 278843, United States Department of Agriculture, Economic Research Service.
    9. Johnston, B. G., 1990. "Targeting Australian Agricultural Policies For Trade Liberalization," Staff Reports 278342, United States Department of Agriculture, Economic Research Service.
    10. Kelley, Paul L., 1989. "Economics, Politics, And World Grain Trade," Research Reports 133770, Kansas State University, Department of Agricultural Economics.
    11. Krissoff, Barry & Bellenger, Nicole, 1989. "Agricultural Trade Liberalization in a Multisector World Model: Implications for Argentina, Brazil, and Mexico," 1989 Occasional Paper Series No. 5 197668, International Association of Agricultural Economists.
    12. Roningen, Vernon & Sullivan, John & Wainio, John, 1987. "The Impact of the Removal of Support to Agriculture in Developed Countries," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269904, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Isabelle Schluep Campo & Robert Jörin, 2009. "Liberalizing the Swiss Meat Market with the EU: Welfare Effects and Impacts on Third Countries," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 145(I), pages 107-126, March.
    14. Haley, Stephen L. & Dixit, Praveen M., 1988. "Economic Welfare Analysis: An Application To The Swopsim Modeling Framework," Staff Reports 278002, United States Department of Agriculture, Economic Research Service.
    15. Amponsah, William A. & Ofori-Boadu, Victor, 2006. "Determinants of U.S. Textile and Apparel Import Trade," 2006 Annual meeting, July 23-26, Long Beach, CA 21173, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. Shane, Mathew D., 1988. "Trade and Development: Proceedings of the Winter 1986 Meeting of the International Agricultural Trade Research Consortium," Staff Reports 277998, United States Department of Agriculture, Economic Research Service.
    17. Kapombe, Crispin M. & Colyer, Dale, 1999. "A structural time series analysis of US broiler exports," Agricultural Economics, Blackwell, vol. 21(3), pages 295-307, December.
    18. Roningen, Vernon O. & Dixit, Praveen M. & Seeley, Ralph, 1988. "Agricultural Outlook for the Year 2000: Some Alternatives," 1988 Conference, August 24-31, 1988, Buenos Aires, Argentina 183157, International Association of Agricultural Economists.
    19. Amponsah, William A. & Ofori-Boadu, Victor, 2007. "Determinants of U.S. Textile and Apparel Trade," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 10(2), pages 1-20.
    20. Kym Anderson, 2016. "Agricultural Trade, Policy Reforms, and Global Food Security," Palgrave Studies in Agricultural Economics and Food Policy, Palgrave Macmillan, number 978-1-137-46925-0, October.

    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:ags:uerssr:324727. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    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.