descriptionPublicationkeyboard_double_arrow_right Article , Conference object , Preprint 01 Jan 2009 English Publisher:Informa UK LimitedJournal:Applied Economics, volume 41, pages 105-124 (issn: 0003-6846, eissn: 1466-4283,

Authors: Gil Roig, José María; Ben-Kaabia, Monia; Chebbi, Houssen Eddine;

doi: 10.1080/00036840701604420

handle: 2117/8681 , 2117/7587

Macroeconomics and agriculture in Tunisia

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Abstract

This article aims to analyse the impact of changes in the monetary policy and the exchange rate on agricultural supply, prices and exports. The methodology used is based on the multivariate cointegration approach. Ten variables are considered – interest and exchange rates, money supply, inflation, agricultural output and input prices, agricultural supply and exports, income and the rate of commercial openness. The sample period covers annual data from 1967 to 2002. Due to the short sample period, two subsystems are considered. First, long-run relationships are identified in each subsystem. Second, both subsystems are merged in order to calculate the short-run dynamics. The results indicate that changes in macroeconomic variables have an effect on the agricultural sector, but the reverse effect does not hold.

Related Organizations

Universitat Polite`cnica de Catalunya
Spain
Universitat Politècnica de Catalunya
Spain
University of Zaragoza
Spain
University of Sfax
Tunisia

Keywords

Tunisia, Geldpolitik, Economics, monetary policy, Agriculture - Economic aspects--Tunisia, Agrarpreis, agricultural commodities market, farm price, Macroeconomics--Tunisia, economic policy, Tunesien, Wirtschaft, Economic Sectors, Wechselkurs, Macroeconomia -- Tunísia, macroeconomic policy, agro-food sector, Tunisia, impulse-response functions, Political Economy, C32, N57, O31,, Wirtschaftssektoren, Agrarmarkt, rate of exchange, Àrees temàtiques de la UPC::Enginyeria agroalimentària::Aspectes econòmics, :Enginyeria agroalimentària::Aspectes econòmics [Àrees temàtiques de la UPC], Wirtschaftspolitik, Economic Policy, Export, export, Agricultura -- Aspectes econòmics -- Tunísia, Macroeconomic policy; agro-food sector; Tunisia; Africa; dynamic relationships, ddc: ddc:330

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