Showing 1 - 10 of 18
Since the stepwise reduction of intervention prices combined with watered down conditions and suspended export refunds, respectively, the EU dairy industry faces new challenges regarding wild price fluctuations originally caused in third countries. In the past, the EU domestic market was...
Persistent link: https://www.econbiz.de/10010879313
The study re-examines the induced innovation hypothesis from 1958-2006 in Canadian agriculture for two regions in Canada: Central Canada (Provinces of Ontario and Quebec) and Western Canada (Provinces of Alberta Saskatchewan and Manitoba). There is broadly consistent support for the induced...
Persistent link: https://www.econbiz.de/10010910376
This work uses cointegration techniques allowing for structural breaks to assess the extent to which the Fischler … soybeans. However, the long-term relationship (cointegration) between world and European prices can be detected only taking …
Persistent link: https://www.econbiz.de/10010910920
Imports, indicating the appropriateness of estimating a conditional model. Two cointegration relationships have been found …
Persistent link: https://www.econbiz.de/10005220460
This paper analyzes the sources of growth of Dutch agriculture (arable, meat, and dairy sectors). Because the time series data (1950-1997) are non-stationary and not cointegrated, it is argued that a model estimated in first differences should be used. Estimated price elasticities turn out to be...
Persistent link: https://www.econbiz.de/10005327230
found to have slowly cointegrated with German prices, but the cointegration relationship of the two counties is only found …
Persistent link: https://www.econbiz.de/10009326137
Recently a wide instability of food prices has been observed in world and European agricultural and food markets. Both media and policy makers have dealt with the unsatisfactory patterns of marketing margins and price transmission along the food chain which may bring about distributive issues...
Persistent link: https://www.econbiz.de/10009326291
patterns. Secondly, the interdependence across prices is specified and estimated adopting appropriate cointegration techniques. …
Persistent link: https://www.econbiz.de/10009326385
determining the relationship among markets remains unclear. The cointegration framework, OLS and principal component regressions … are applied in order to investigate the influence of geographical distance on the cointegration relationship between … relation between distance and the elasticity of cointegration. Moreover, the region in which the market is located and a better …
Persistent link: https://www.econbiz.de/10009326433
This paper applies to Italian milk supply chain a theoretically grounded methodology able to detect for the presence of market power along the supply chain itself using easily available data. The model, developed by Lloyd et al. brings to estimate a quasi-reduced form equation in which consumer...
Persistent link: https://www.econbiz.de/10008693402