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Japan is a traditional net importer of food products in general and meat products in particular. Japanese meat imports come from a few countries thus making Japan potentially very sensitive to the swings in one or a few bilateral exchange rates. One of the key contributions of this article is...
Persistent link: https://www.econbiz.de/10009279777
Exports are becoming increasingly important for US livestock and poultry producers. Consequently, meat industry participants are concerned about the potential impacts of variations in relative currency values. These effects are considered by quantifying the impacts of relative exchange rates on...
Persistent link: https://www.econbiz.de/10005157420
This paper analyses the degree of market integration in the retail gasoline markets in the United States after it was completely deregulated in 1981. The monthly average prices of unleaded regular gasoline, excluding taxes, from January 1983 to December of 1998 for five US Petroleum...
Persistent link: https://www.econbiz.de/10009209920
The objective is to determine the causes of the countercyclicality of the trade balance in five small open economies, namely Austria, France, Italy, Spain, and Switzerland. In order to investigate the role of permanent and temporary changes in income in the determination of the trade balance,...
Persistent link: https://www.econbiz.de/10009209972
The movement of farm prices relative to other commodity prices is analysed for the period 1913:01 to 2003:12, investigating the number and time of structural breaks and discussing likely causes of structural breaks in the relative farm prices. Bai and Perron's (1998, 2003) multiple structural...
Persistent link: https://www.econbiz.de/10008675162
Cointegration of Canadian and US livestock prices points to the existence of market integration in the period January 1996 to December 2004. Trade flows of livestock and beef products were nonexistent between Canada and the United States for many months in 2003 and 2004 suggesting market...
Persistent link: https://www.econbiz.de/10005511482