Application of the Computable General Equilibrium Model to Analyze U.S. Ariculture, An
Satheesh V. Aradhyula, K. Eswaramoorthy, Klaus Frohberg
January 1988 [88-WP 26]
Aradhyula, S.V., K. Eswaramoorthy, and K. Frohberg. 1988. "Application of the Computable General Equilibrium Model to Analyze U.S. Ariculture, An." Working paper 88-WP 26. Center for Agricultural and Rural Development, Iowa State University.
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.