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This paper provides a comprehensive analysis of the dynamics of volatility between the corn, wheat, and soybean markets in the United States. Volatility interactions across markets, if they exist, may lower the effectiveness of diversification strategies to mitigate price risks and should be...
Persistent link: https://www.econbiz.de/10010850569
This paper provides a comprehensive analysis of the degree of co-movement among the nominal price returns of 11 major energy, agricultural, and food commodities using monthly data between 1970 and 2013. The authors study the extent and the time evolution of unconditional and conditional...
Persistent link: https://www.econbiz.de/10010886774
rate (by 34 percent between July 2004 and July 2008) that reduced incentives for domestic production of exportables and non …-protected importables. Moreover, major external shocks to the economy (including increases in world prices of fuel in 2007 and early 2008 … the same time, foreign exchange controls reduce economic efficiency so that real incomes from factors of production (land …
Persistent link: https://www.econbiz.de/10010933116
on R&D, as well as the impact of production subsidies, public R&D investments, and minimum price agreements on private R … but also domestic production and profits without reducing consumers’ surplus. …
Persistent link: https://www.econbiz.de/10011272215
Persistent link: https://www.econbiz.de/10011277412
markets, while two of the three rural markets are border markets. The study uses monthly maize retail prices for the period … January 2000 to May 2008. Study findings show that nine out of the fifteen market pairs are integrated in the long-run, but … the degree of short-run market integration is low, implying that the transmission of price information is slow. …
Persistent link: https://www.econbiz.de/10010762091
level, technology (higher yield) was the main source of crop income growth during 1980s, while rising prices and …
Persistent link: https://www.econbiz.de/10004996571
"This paper is a description and an analysis of trade liberalization under CAFTA. It shows that in the short run the impact of the agreement is likely to be small... Since the U.S. already grants tariff-free access under the CBI, trade liberalization in the CAFTA treaty appears to be asymmetric,...
Persistent link: https://www.econbiz.de/10004996578
parts of the country. The Robusta type dominates coffee production and Ugandan Robusta is demanded by roasters as a …, especially the collapse of world coffee prices in the late 1990s, are eroding farmer incomes and export revenues and threaten the … coffee industry, namely the decline in the world coffee market, changes in procurement strategies among coffee importers, the …
Persistent link: https://www.econbiz.de/10004996696
the production of important irrigated crops substantially exceeds estimated water supply costs and current ISF. However …
Persistent link: https://www.econbiz.de/10004996717