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Behzad Fakari Sardehae, Naser Shahnoushi Foroushani and Saleh S. Tabrizy |
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''Exchange Rate and Agricultural Trade: Evidence from Iran'' |
( 2023, Vol. 43 No.1 ) |
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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. |
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Keywords: Exchange Rate, Agricultural Trade, Iran |
JEL: F1 - Trade: General Q1 - Agriculture: General |
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Manuscript Received : Oct 09 2022 | | Manuscript Accepted : Mar 30 2023 |
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