ePrints

Macroeconomic impacts on Bulgarian agriculture during transition

Lookup NU author(s): Dr Philip Dawson, Dr John Lingard

Downloads

Full text for this publication is not currently held within this repository. Alternative links are provided below where available.

Abstract

An unstable and erratic macroeconomy in an economy in transition might be expected to affect agricultural performance. This is tested for Bulgaria between 1992 and 1997 using impulse response functions from a vector autoregressive (VAR) model. Despite data limitations, it is found that shocks to the foreign exchange rate and interest rate feed into farm prices and agricultural exports but equilibrium will be re-established within 5 years. Agricultural policies may not be sufficient to counteract the wider macroeconomic forces.

Publication metadata

Author(s): Ivanova N, Dawson P, Lingard J

Publication type: Article

Publication status: Published

Journal: Applied Economics

Year: 2003

Volume: 35

Issue: 7

Pages: 817-823

Print publication date: 01/01/2003

ISSN (print): 0003-6846

ISSN (electronic): 1466-4283

Publisher: Routledge

URL: http://dx.doi.org/10.1080/0003684032000050595

DOI: 10.1080/0003684032000050595

Altmetrics

Share