Analyzing Impact of Global Economy Financial Crisis on Iranian Agriculture Exports

Document Type : Research Paper

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Abstract

The objective of this study is to investigate the impact of financial crisis on global economy of agriculture sector as well as raisin and date exports. Export demand of the selected crops was estimated using time series and panel data. GNP of the importing countries and exchange rate volatility were applied as indices indicating the global financial crisis. Time series data showed a long-run relationship between export demand and its affecting factors. Findings also showed the significant impact of the decrease in GNP of the importing countries in long run. Impact of this variable was also recognized important on demand estimated by panel data. Generally speaking, exchange rate volatility may affect agriculture sector and raisin export positively while in the case of date a negative impact was more evident.

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