文章基本信息

标题：Quality, Sourcing, and Asymmetric Exchange-Rate Pass-Through into U.S. Coffee Imports
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作者：Sven Anders ; Svetlana Fedoseeva
期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2017
卷号：42
期号：3
页码：372-385
出版社：WAEA
摘要：Few studies to date have investigated the extent of linkages between long-run asymmetries inbilateral trade and fluctuations in real exchange rates and importer demand in non-oil commoditymarkets. This paper generates estimates of trade elasticities in U.S. raw coffee imports, applyinga nonlinear autoregressive distributed lag model and explicitly testing the extent to whichnonlinearities matter to U.S. commodity sourcing in the short and long run. Models withasymmetries in both exchange rates and U.S. income point to the critical role that asymmetricpass-through plays in explaining long-run dynamics in U.S. import trade for a major commoditysupply chain.
关键词：asymmetric cointegration; coffee trade; import demand; NARDL; real exchange rates;trade elasticities