Showing 1 - 10 of 96
We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investment, and prices in … a competitive industry with irreversible investment. We first use standard dynamic programming methods to determine …
Persistent link: https://www.econbiz.de/10013227891
We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investment, and prices in … a competitive industry with irreversible investment. We first use standard dynamic programming methods to determine …
Persistent link: https://www.econbiz.de/10012474808
correlation between input and output prices and exchange rate risk. A theoretical model was developed explicitly modeling the …/or output contracting on risk exposure and the demand for hedging. …
Persistent link: https://www.econbiz.de/10009443960
The value of credit guarantee programs has recently been called into question. Credit guarantees are important marketing tools in the world wheat market, both to develop new markets and to compete in existing markets. This study examines the additionality of export credit guarantees. Empirical...
Persistent link: https://www.econbiz.de/10009444016
, is that of pricing transparency. This has been a gnawing issue generally related to the pricing practices of competitor … exporting countries with state trading enterprises (STEs). The transparency problem generally refers to the inability to observe … uncertainties amongrivals would reduce equilibrium bids and prices; 2) bidding situations in which there is less transparency have …
Persistent link: https://www.econbiz.de/10009444020
The value of credit guarantee programs has recently been called into question. Credit guarantees are important marketing tools in the world wheat market, both to develop new markets and to compete in existing markets. This study examines the additionality of export credit guarantees. Empirical...
Persistent link: https://www.econbiz.de/10009444038
Export subsidies and price transparency will be areas of critical importance in the forthcoming round of World Trade … transparency in international wheat trade. Among other topics, the paper addresses the escalation in U.S. and EU producer subsidy … equivalents (PSEs) for wheat since 1996, EU export restitutions, export credit guarantee programs, and price transparency and …
Persistent link: https://www.econbiz.de/10009444041
Past debate on competition and quality in international wheat markets has focused on class and country of origin as the salient source of differentiation. This study analyzes changes in demand for both wheat classes and grades. Comparisons are made between Canadian and U.S. hard wheats,...
Persistent link: https://www.econbiz.de/10009444072
The purpose of this paper is to review past trade relations in the grains sector between the United States and Canada and to document trade barriers and the potential for the evolution of reciprocal trade. Historical trade flows between the United States and Canada in the grains sector are...
Persistent link: https://www.econbiz.de/10005503251
European Union (EU) dominance of the world malt trade is thought to be due to quality advantages and/or due to export restitutions. A Linear Approximate Almost Ideal Demand System (LA/AIDS) was estimated for four major malt importing countries: Japan, Brazil, Philippines, and Venezuela....
Persistent link: https://www.econbiz.de/10005525793