Exchange rate pass-through, price discrimination, and US meat export prices
Abstract:Exports are becoming increasingly important for US livestock and poultry producers. Consequently, meat industry participants are concerned about the potential impacts of variations in relative currency values. These effects are considered by quantifying the impacts of relative exchange rates on US beef, pork and poultry export prices. In addition, the impacts of GATT and NAFTA agreements on exchange rate pass-through are considered. The results indicate incomplete exchange rate pass-through occurs for several countries. Trade liberalization under GATT has positively influenced US beef and poultry export prices.
Document Type: Research Article
Affiliations: 1: Southwest Missouri State University, 901 S. National Avenue, 213 Karls Hall, Springfield, MO 65804-0094 2: Department of Agricultural Economics and Economics, Montana State University
Publication date: 2003-01-01