, a theoretical model is developed to explain price transmission for different trade regimes. Drawing from the competitive … storage model under rational expectations, it is shown that domestic prices can respond instantaneously to global prices even … if no trade takes place but future trade is expected. Using a global database on food prices, we construct national and …

, a theoretical model is developed to explain price transmission for different trade regimes. Drawing from the competitive … storage model under rational expectations, it is shown that domestic prices can respond instantaneously to global prices even … if no trade takes place but future trade is expected. Using a global database on food prices, we construct national and …

There is no consensus about how globalization –trade and foreign investments – affects poverty reduction. Using … household survey data, this study contributes to the empirical literature on globalization and poverty by analyzing the … household-level implications of increased foreign investments and trade in the horticulture sector in Senegal. In many aspects …

A regime-switching model for analysis of market integration has been developed that incorporates rate of trade … information. An application of the methods to United States–China soybean trade demonstrates that the extended trade information … limited competition. The United States–China price linkage is observed to be closer after China’s World Trade Organization …

The volatility of agricultural markets has increased remarkably in recent years. In spite of this, the way in … whichsupply chain actors perceive market volatility has only rarely been analyzed. This paper seeks to close thisresearch gap by … presenting empirical findings about how the volatility of agricultural markets is perceived, howincreasing market volatilities …