The agri-monetary system and agricultural trade flows within the EC
- 1 March 1989
- journal article
- Published by Oxford University Press (OUP) in European Review of Agricultural Economics
- Vol. 16 (1) , 37-52
- https://doi.org/10.1093/erae/16.1.37
Abstract
Despite self-sufficiency exceeding 100 percent, Germany has continued to import wheat from its EC partners. One factor which may play a role in these flows is the agri-monetary system. In a comparative static framework, hypotheses are formulated regarding the impact of agri-monetary changes, for example MCA dismantling, on intra-EC trade flows. These hypotheses are tested using data on German wheat imports from France. Based on the results, it is not possible to reject the hypothesis that the agri-monetary system has an influence on agricultural trade flows in the EC.Keywords
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