Trade Policy Shocks, Exchange Rate Fluctuations, and Agricultural Financial Risk Spillover: Evidence from Soybean Markets in China and the United States
Published in SN Business & Economics — revised and resubmitted, 2026
Soybean markets in China and the United States are linked by both trade policy and the exchange rate, and the two channels are easily conflated. This paper separates them, and traces how shocks to each propagate into agricultural financial risk on the other side of the trade relationship.
Status: revised and resubmitted at SN Business & Economics.
Recommended citation: Chen, A.W.* (2026). "Trade Policy Shocks, Exchange Rate Fluctuations, and Agricultural Financial Risk Spillover: Evidence from Soybean Markets in China and the United States." SN Business & Economics, revised and resubmitted.
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