The Agri-Monetary System and Agricultural Trade Flows within the EC

Stephan von Cramon-Taubadel

European Review of Agricultural Economics, 1989, vol. 16, issue 1, 37-52

Abstract: Despite self-sufficiency exceeding 100 percent, West Germany has continued to import wheat from its EC partners. One factor which may play a role in these flows is the agri-monetary system. In a comparative static framework, hypotheses are formulated regarding the impact of agri-monetary changes, for example monetary compensatory amount dismantling, on intra-EC trade flows. These hypotheses are tested using data on West German wheat imports from France. Based on the results, it is not possible to reject the hypothesis that the agri-monetary system has an influence on agricultural trade flows in the European Community. Copyright 1989 by Oxford University Press.

Date: 1989
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