MARKET ASSESSMENT MODELS FOR U.S. AGRICULTURAL EXPORTS
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The growth rate of the United States' agricultural exports to its trading partners was predicted using some measures of each country's past macroeconomic conditions. The model which applies a five-year lag basis predicted better than that which utilizes a ten-year lag. Results show that the significant determinants of the growth rate of U.S. agricultural exports include the importing countries' GDP growth rate, agricultural self-sufficiency, population density, and distance from the United States.
