Showing 1 - 10 of 15
The main purpose of this paper is to evaluate the effect of crude oil price on global fertilizer prices in both the mean and volatility. The endogenous structural breakpoint unit root test, ARDL model, and alternative volatility models, including GARCH, EGARCH, and GJR models, are used to...
Persistent link: https://www.econbiz.de/10010907445
This paper estimates a long memory volatility model for 16 agricultural commodity futures returns from different futures markets, namely corn, oats, soybeans, soybean meal, soybean oil, wheat, live cattle, cattle feeder, pork, cocoa, coffee, cotton, orange juice, Kansas City wheat, rubber, and...
Persistent link: https://www.econbiz.de/10010548109
Asia is presently the most important market for the production and consumption of natural rubber. World prices of rubber are not only subject to changes in demand, but also to speculation regarding future markets. Japan and Singapore are the major futures markets for rubber, while Thailand is...
Persistent link: https://www.econbiz.de/10008568097
We present a statistical model of agrarian vineyard specialization in the province of Barcelona towards 1860, that combines the Boserupian push of population increase, the demand pull of a Smithian-type of growth (measured by the time-distances to the nearest seaport), and the agrological lands...
Persistent link: https://www.econbiz.de/10005022401
This paper investigates the spectacular and successful growth of New Zealand kiwifruit production and exports between 1984 and 2009. It explores the evolution, current status, future prospects and challenges facing the industry where more than 90 percent of the output is exported. The study...
Persistent link: https://www.econbiz.de/10009643467
This paper examines the short- and long-run daily relationships for a grain-energy nexus that includes the prices of corn, crude oil, ethanol, gasoline, soybeans, and sugar, and their open interest. The empirical results demonstrate the presence of these relationships in this nexus, and...
Persistent link: https://www.econbiz.de/10009643472
This study employed a choice experiment (CE) to ascertain consumer preferences and willingness to pay (WTP) for non-market food product quality attributes. Data were obtained from a large mail survey and estimated with a random parameter logit model. The results indicate that Swedish consumers...
Persistent link: https://www.econbiz.de/10005771215
Applying an experiment on the choice of consumer goods, we show that Swedish consumers do not regard genetically modified (GM) food as being equivalent to conventional food. A central argument by proponents of GM is that the end products are identical to those where GM has not been used. That...
Persistent link: https://www.econbiz.de/10005651657
In two experiments on the choice of consumer goods, the estimated marginal willingness to pay for food are found to be lower in the survey version with cheap talk. Our test can be seen as a test of hypothetical bias. This implies we cannot reject the hypothesis of a hypothetical bias for...
Persistent link: https://www.econbiz.de/10005651728
Our increasingly heterogeneous food is at least partly due to concerns over conventional production of farm livestock … survey design that enables the researcher to measure the eventual external market failures in farm livestock production … discussion of how potential market failures for all kind of farm livestock should be managed. Logically, if an external effect …
Persistent link: https://www.econbiz.de/10005651758