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]

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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.


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.