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Subsidizing the National Food Authority: Is It a Good Policy?
eSocialSciences; Senate Economic Planning Office SEPO - 2012
National Food Authority's (NFA) twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to reexamine the NFA to determine whether the benefits gained from its continued operation justifies the...
Persistent link: https://www.econbiz.de/10009651098
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The Distributional Consequences of Real Exchange Rate Adjustment
Klyuev, Vladimir - International Monetary Fund (IMF) - 2003
The paper focuses on distributional consequences of macroeconomic adjustment. The preferences of economic agents over the level of the real exchange rate derived from standard models are monotonic, with agents favoring either an infinitely appreciated or depreciated rate. To generate less...
Persistent link: https://www.econbiz.de/10005248306
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Economic Integration, Sectoral Diversification, and Exchange Rate Policy in a Developing Economy
Srour, Gabriel - International Monetary Fund (IMF) - 2004
The paper develops a simple three-sector model of a developing country with nominal wage rigidity, in which one sector is thought of as the primary sector and the other two are sectors in which the country can diversify. The paper then analyzes the relationship between the market structure of...
Persistent link: https://www.econbiz.de/10005825986
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Covid19 and the Northern Irish economy : initial insights
Lambe, Conor - In: Journal of the Statistical and Social Inquiry Society … 49 (2019/2020), pp. 144-146
Persistent link: https://www.econbiz.de/10012659169
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Relationships between Quarterly Corn Prices and Stocks
Westcott, Paul C.; Hull, David B.; Green, Robert C. - In: Agricultural Economics Research (1985) 1
This article estimates a model relating quarterly corn prices to quarterly corn stocks for 1971-81 Results are …, consistent With expectations that higher stocks many specific quarter Yield lower corn prices and that any given level of stocks … later m the marketing year Yields lower prices than does the same level earlier m the marketing year Preharvest information …
Persistent link: https://www.econbiz.de/10010919849
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A Distant-Early-Warning Model of Inflation Based on M1 Disequilibria.
Armour, J.; Atta-Mensah, J.; Engert, W.; Hendry, S. - Bank of Canada - 1996
A vector error-correction Model (VECM) that Forecasts inflation between the current quarter and eight quarters ahead is … output gap and past prices. …
Persistent link: https://www.econbiz.de/10005673307
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Recent Significant Advances in Estimating and Forecasting Theories and Economic Modelling: With Applications to Asian Investment Studies.
Hoa, Tran Van - School of Accounting, Economics, and Finance, … - 2000
The paper presents the basics of a new and flexible approach to statistically modelling the activities of multi-sectoral economies (Tran Van Hoa, 1992) and applies it to study investment in five major East Asian countries (ie, China, Indonesia, Korea, Malaysia and Thailand) during the period...
Persistent link: https://www.econbiz.de/10005730554
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Regression-Based Tests of Predictive Ability.
West, K.D.; McCracken, M.W. - Wisconsin Madison - Social Systems - 1997
We develop regression-based tests of hypotheses about out of sample prediction errors. Representative tests include ones for zero mean and zero correlation between a prediction error and a vector of predictors. The relevant environments are ones in which predictions depend on estimated...
Persistent link: https://www.econbiz.de/10005795341
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Rainfall Forecasts, Weather and Wages over the Agricultural Production Cycle
Rosenzweig, Mark; Udry, Christopher - eSocialSciences - 2014
The effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages are analysed over the course … of the agricultural production cycle. It is shown theoretically that a forecast of good weather can lower wages in the …-stage wages. Indian household panel data describing early-season migration and district-level planting- and harvest-stage wages …
Persistent link: https://www.econbiz.de/10010945520
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Distributional Impacts of Food Price Changes on Consumer Welfare in Hungary and Romania following EU Accession
Hubbard, Carmen; Szigeti, Judith; Podruzsik, Szilard - 2010
) of Hungarian and Romanian consumers following food price changes as a result of accession to the European Union (EU) in … basket of 16 products. The results show that real food prices have changed with some going up and others falling. However …, overall both Hungary and Romania have experienced a rise in real food prices by 9 per cent and 20 per cent, respectively. The …
Persistent link: https://www.econbiz.de/10009442733