The Effects of Change in Real Money Supply and Exchange Rate on Agricultural Supply, Price and Export

Abstract

S.K. Sarvarzadeh, H. Mohammadi(Ph.D.) ,V. Dehbashi,
M. Rahimi, H. Dehghanpour

Abstract
In this study, the impacts of changes in macroeconomic variables agricultural supply, price and export are investigated using multivariate co-integration approach. during 1961-2008. The results show that changes in macroeconomic variables have significant effects on agricultural sector, and the impacts of monetary policy (real money supply) are visible on agricultural variables, especially on input and outputs prices.

JEL Classification: B22, C32, E52, Q1
Keywords:
Agriculture Sector, Real Money Supply, Exchange Rate, Multivariate Co-Integration Analysis, Iran, Export, price