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Persistent link: https://www.econbiz.de/10009368213
secure agricultural trade policy reform. …
Persistent link: https://www.econbiz.de/10011273245
Both options and better information about prices have been proposed to increase the attractiveness of livestock hedging strategies. This study examines the value of incorporating both into hedging strategies for live hogs. A two-period simulation model in which a hog producer chooses a hedging...
Persistent link: https://www.econbiz.de/10009477607
Food firms can improve their profits by focusing on one or a few specialized activities because of efficiency gains and/or market power benefits. This study documents that profits increase with increasing concentration for firms in food industries whose top-4-concentration ratio is greater than 38%.
Persistent link: https://www.econbiz.de/10009477613
food and export agriculture sectors allows a distinction between tradeable and nontradeable agricultural commodities and an … to examine how micro-level markets in the agricultural sector respond to macro-level changes such as exchange rate and … agricultural households and urban rich at the expense of rural non-farm and urban poor households. Under the package of combined …
Persistent link: https://www.econbiz.de/10009477651
This study investigates the problem of forecasting volatilities used in option pricing models for live cattle and live hog futures. The forecast problem is cast in the framework of Bayesian inference. Six types of individual forecast models are used--GARCH models, ARIMA models, systems of...
Persistent link: https://www.econbiz.de/10009477658
In this research, the noise trader sentiment model of De Long, Schleifer, Summers, and Waldmann is modified and applied to futures markets. The theoretical model predicts that overly optimistic (pessimistic) noise traders result in futures prices that are greater (less) than fundamental value....
Persistent link: https://www.econbiz.de/10009477881
Government programs for agricultural commodities affect planting decisions and farm income for many producers. Many …
Persistent link: https://www.econbiz.de/10009477883
The repayment ability of the borrower and, therefore, the loan performance should be contingent on actual performance of the financed business because other sources of income may not be reliable as evidenced by recent economic recession in USA. Accordingly, credit scoring models should basically...
Persistent link: https://www.econbiz.de/10009477931
The allowance price in Phase I of the European Union Emissions Trading Scheme (EU ETS) followed a peculiar path, increasing from €7 in 2005 to over €30 in 2006, before crashing, recovering and ultimately finishing at zero by the end of 2007. I examine if the price can be explained by...
Persistent link: https://www.econbiz.de/10009450863