Assessing the efficiency of exchange rate-linked subsidies (ERLS) for non-price export promotion: the case of cotton

Notwithstanding substantial federal financial support for the export promotion of agricultural products, ways to enhance the effectiveness of federal funding have not been discussed in empirical research. In this study, an equilibrium displacement framework was developed to evaluate whether the effi...

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Veröffentlicht in:Agribusiness (New York, N.Y.) N.Y.), 2004, Vol.20 (4), p.481-493
Hauptverfasser: Paudel, L, Adhikari, M, Houston, J.E, Kinnucan, H.W
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container_end_page 493
container_issue 4
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container_title Agribusiness (New York, N.Y.)
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creator Paudel, L
Adhikari, M
Houston, J.E
Kinnucan, H.W
description Notwithstanding substantial federal financial support for the export promotion of agricultural products, ways to enhance the effectiveness of federal funding have not been discussed in empirical research. In this study, an equilibrium displacement framework was developed to evaluate whether the efficacy of export promotion expenditures could be increased by linking them with changes in the exchange rate. In our analysis, the gross gain to domestic cotton producers from the exchange rate linked subsidy scheme was positive. Findings support exchange rate linked subsidies for export promotion of agricultural products.
doi_str_mv 10.1002/agr.20025
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source RePEc; Wiley Online Library Journals Frontfile Complete; Business Source Complete
subjects Advertising expenditures
Agribusiness
Agricultural commodities
Agricultural exports & imports
American dollar
Costs
Cotton
Currency
econometric models
Efficiency
Elasticity
exchange rate linked subsidies (ERLS)
Expenditures
export subsidies
Exports
Federal funding
Foreign exchange rates
funding
governmental programs and projects
International markets
Market positioning
marketing
Prices
Studies
Subsidies
USDA
title Assessing the efficiency of exchange rate-linked subsidies (ERLS) for non-price export promotion: the case of cotton
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