2009
DOI: 10.1080/00036840701604420
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Macroeconomics and agriculture in Tunisia

Abstract: This paper aims to analyse the impact of changes in the monetary policy and the exchange rate on agricultural supply, prices and exports. The methodology used is based on the multivariate cointegration approach. Ten variables are considered: interest and exchange rates, money supply, inflation, agricultural output and input prices, agricultural supply and exports, income and the rate of commercial openness. Sample period covers annual data from 1967 to 2002. Due to the short-sample period, two subsystems are c… Show more

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Cited by 11 publications
(5 citation statements)
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“…The economic exchanges among these countries have been significant in the past and in the present, and animal migrations and exchanges may have occurred long before among the North African and European countries (Gil et al 2009). …”
Section: Discussionmentioning
confidence: 98%
“…The economic exchanges among these countries have been significant in the past and in the present, and animal migrations and exchanges may have occurred long before among the North African and European countries (Gil et al 2009). …”
Section: Discussionmentioning
confidence: 98%
“…In Tunisia, for example, agriculture is mainly extensive, limited by climatic conditions such as unreliable rainfall and very high temperatures [6]. It is also the main consumer of land and water, providing at least 20% of the national annual GDP and employing 22% of the total labor force, Agri-food exports also represent around 15% of total exports [5][6][7]. Key to the continued contribution of agriculture to Tunisia's economy and beyond, is the adoption of new management, communication, innovation, and production practices, which are expected to maintain long-term profitable agricultural operation [1].…”
Section: Introductionmentioning
confidence: 99%
“…A positive relation between money supply and agricultural productivity has been observed in the literature (Kargbo 2007;Gil et al 2009). The ratio between broad money and GDP can in fact proxy money supply and thus monetary policy.…”
Section: Datamentioning
confidence: 78%