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Application of the Computable General Equilibrium Model to Analyze U.S. Ariculture, An

Satheesh Aradhyula (), K. Eswaramoorthy and Klaus Frohberg

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: The effects of exchange rate and capital stock changes are analyzed using a CGE model for the United States. The model is in the Walrasion tradition and is calibrated to 1982 data. Results indicate that a devaluation of the U.S. dollar has a positive effect on the agricultural sector and balance of trade, but has a negative effect on consumers.

Date: 1988-01
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