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of produce. In response, the industry has adopted marketing agreements to ensure consistency of product safety. Contracts …-agent model to examine how the inclusion of a marketing agreement influences the behavior of growers and processors under … under the contract with a marketing agreement (2) contract parameters change in similar manner under the two contracts (3 …
Persistent link: https://www.econbiz.de/10005523002
In this paper we introduce a switching error correction model (SECM) estimator that allows for the possibility that price transmission between markets might vary during periods with and without physical trade flows. Applying this new approach to semi-weekly data on tomato markets in Zimbabwe, we...
Persistent link: https://www.econbiz.de/10005483429