Showing 1 - 10 of 30
Using 5 minute data, we examine market volatility in the Dow Jones Industrial Average in the presence of trading collars. We use a polynomial specification for capturing intraday seasonality. Results indicate that market volatility is 3.4 percent higher in declining markets when trading collars...
Persistent link: https://www.econbiz.de/10005513430
This paper examines the effect of generic pork promotion within a meat demand system framework. Special focus has been placed on the separation of demand effect of advertising from that of health-related information on product attributes.
Persistent link: https://www.econbiz.de/10005513445
This paper tests the conventional wisdom that U.S. marketing orders act as profit-maximizing cartels. The paper … analyzes the marketing order for U.S. almonds in both the domestic and export markets. Such a case study is relevant to all U ….S. marketing orders because the size and scope of the U.S. almond industry on the world market, and the legal authority of the …
Persistent link: https://www.econbiz.de/10005513448
We estimate five regional price determination models, four for regions in California, and one for Florida. We compare our regional California estimation results to those of an aggregate, state-level model. We use our estimation results to address three questions of interest to the strawberry...
Persistent link: https://www.econbiz.de/10005513461
Canterbury," a New Zealand based International wine marketing and distribution cooperative enterprise provides empirical support …
Persistent link: https://www.econbiz.de/10005513465
, shrink, and commissions can not fully explain how marketing alternatives are selected. Implicit transaction costs appear to … the socio-economic characteristics of market participants are determinants of which marketing method will be used to sell …
Persistent link: https://www.econbiz.de/10005460283
The paper presents a model developed to examine the effects of industry concentration on market power and cost efficiency in the seed industry. In addition, the paper presents preliminary measures of the relative strengths of these effects for the case of the U.S. corn seed industry over the...
Persistent link: https://www.econbiz.de/10005460304
This paper reconsiders the impacts of generic advertising on commodity prices that may be induced through demand effects. Rather than considering a simple demand shift, we consider the possibility that advertising leads to a change in the curvature of the demand curve. In this case, generic...
Persistent link: https://www.econbiz.de/10005460306
Post-slaughter quality-based pricing of cattle is increasingly common. This quality, however, is dependent upon unobservable quality characteristics of the feeder cattle used as inputs. Through stochastic simulation we construct incentive compatible quality risk-sharing contracts based upon...
Persistent link: https://www.econbiz.de/10005460315
Previous constant-parameter demand models have estimated generic advertising elasticities for cheese to be below that for fluid milk. We relax this assumption, allowing for generic advertising response to vary over time. Cheese advertising elasticities were found below fluid milk up until the...
Persistent link: https://www.econbiz.de/10005460335