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series involved. In an empirical context, the paper has aimed to provide a set of import demand elasticities that can be …This paper has analysed the import demand for virgin olive oil in the EU and more precisely in the Italian market, as … a Threshold Almost Ideal Demand System in which special attention has been paid to the stochastic properties of the …
Persistent link: https://www.econbiz.de/10005338855
This study examines whether the local competition for corn to produce ethanol has lead to significantly higher prices for farmers located close to ethanol biorefineries. If any, such price premiums for spatial closeness would be in addition to the general level of corn price changes experienced...
Persistent link: https://www.econbiz.de/10009326145
Previous literature on volatility links between food and energy prices is scarce and mainly based on parametric approaches. We assess this issue by using a semiparametric GARCH model recently proposed by Long et al. (2009), which is essentially a nonparametric correction of the parametric...
Persistent link: https://www.econbiz.de/10009326326
Multivariate local linear regression and parametric error correction models are applied to assess price linkages and price transmission patterns between food and energy prices in Spain. Weekly biodiesel, sunflower and crude oil prices observed from November 2006 to October 2010 are used in the...
Persistent link: https://www.econbiz.de/10009326424
Forest land use is often associated with the protection of water resources from contamination and the reduced cost of drinking water supply. This study attempted to measure the value of the forest on the quality of water resources from a contingent market, namely drinking water supply, by...
Persistent link: https://www.econbiz.de/10009645989
This is the first paper to analyze the impact of biofuels on the price transmission along the food chain. Specifically, we analyze the U.S. corn sector and its vertical links to food and ethanol markets. The key result of this paper is that the presence of biofuels affects the price transmission...
Persistent link: https://www.econbiz.de/10011125167
-term impacts of demand and production cost shocks in the pig sector. The analysis is carried out with a dynamic programming model … which takes into account changes in export and domestic demand and market clearing price. It optimizes the supply of piglets … on a monthly basis. Econometric techniques are used to estimate demand functions. Short-term negative market shocks can …
Persistent link: https://www.econbiz.de/10005038808
countries. To investigate the causes of low consumption, a two-step approach is used to estimate the demand segmented by nine … traditional vegetables, salad vegetables, and industrially processed vegetables. Conditional on purchase, an almost ideal demand … model is used to model how much to purchase. The own-price elasticities and total expenditure elasticities are high for …
Persistent link: https://www.econbiz.de/10005493700
demand behaviours of the urban households, with respect to the various sources of energy. The work aims to highlight the …
Persistent link: https://www.econbiz.de/10005327522
We conduct a within-sample test of hypothetical bias and parameter equality between a hypothetical stated choice (SC) experiment using pictures and a real choice (RC) experiments using products. With exception of the none-of-these alternative-specific dummy, we cannot reject parameter equality...
Persistent link: https://www.econbiz.de/10005803241