Effects of yuan–dollar exchange rate changes on world cotton markets
Date
2020
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Cambridge University Press
Abstract
From April 2018 to August 2019, the Yuan has declined in value relative to the US dollar by 12.6%, and the effects of this decline have not been studied. This study analyzes the effects of this fall in Yuan value, in isolation of tariffs, on US, Chinese, and world cotton markets. The results show that the adverse effects of the decline in Yuan value reverberate throughout world cotton markets and exacerbate the detrimental effects of the Chinese cotton tariff.
Description
Keywords
Cotton, Exchange Rate, Spatial Equilibrium Model
Citation
Devadoss, S., & Sabala, E. (2020). Effects of yuan–dollar exchange rate changes on world cotton markets. Journal of Agricultural and Applied Economics, 52(3), 420-439. https://doi.org/10.1017/aae.2020.12