The aim of this article is to analyse the price transmission between German and Hungarian wheat producer prices using weekly prices. Markov-Switching Vector Error Correction Model (MS-VECM) with three regimes seems to appropriately capture the dynamics in the price relationship.

We investigate the accuracy of trade statistics employing intra-industry trade analysis for 29 countries. We exploit the fact that country A's exports to country B are country B's imports from country A. The data published by the two sides can be compared with each other. Are A's or B's data...