This paper investigates convergence of prices for nine broadly defined food commodities in the EU. The empirical analysis has been carried out using monthly price indexes over the period 1996 to 2007 and a recently proposed test of convergence which allows for the important case in practice...

The paper develops a differential mixed system which accommodates in a theoretically consistent way both price-predetermined, quantity-dependent and quantity-predetermined, price-dependent input demand functions. In addition, it introduces generalized marginal cost shares obtaining, thus, a...

The objective of the present study is to investigate empirically the existence of convergence clubs in state-level agricultural productivity of the USA. This is pursued using Total Factor Productivity (TFP) data from 48 contiguous states over the period 1960-99 and time series methods which...