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Using error correction approach and nonlinear three-stage-squares, long-run and short-run effects of aggregate brand advertising on the U.S demand for peanut butter are estimated. Results indicate that demand for peanut butter is more responsive to advertising in the long-run. Moreover, demand...
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market power that would arise from potential mergers or collusive pricing arrangements. …
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Peanut meal is cross-hedged with soybean meal using peanut meal cash prices and soybean meal futures prices. Hedge rations are obtained for short- vs. long-term data sets. Evaluation indicates positive gains for cross-hedged poultry/peanut producers, and that soybean meal futures can be used as...
Persistent link: https://www.econbiz.de/10005806112
An expected utility model and a chance constrained linear programming model were used to analyze four marketing … strategies and seven crop insurance alternatives in cotton marketing in Georgia. The results obtained suggest that the existing … marketing tools and insurance alternatives can be used successfully as a substitute for government support. …
Persistent link: https://www.econbiz.de/10005493775
This paper investigate the long-term relationship between the petroleum and vegetable oils prices represented by palm, soybean, sunflower and rapeseed oils prices. To that end, the bivariate cointegration approach using Engle-Granger two-stage estimation procedure is applied. The study utilises...
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