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Following the dramatic changes experienced by the prices of agricultural commodities in 2007-2008, the analysis of horizontal price transmission mechanisms in agricultural markets has attracted renewed interest. In particular, this has led to the emergence of new challenges for the empirical...
Persistent link: https://www.econbiz.de/10010909191
This paper analyses the horizontal transmission of cereal price shocks both across different market places and across different commodities. The analysis is carried out using Italian and international weekly spot (cash) price data and concentrating the attention on years 2006-2010, a period of...
Persistent link: https://www.econbiz.de/10009326385
The objective of this paper is to investigate agricultural price transmission during price bubbles and to assess whether the implemented trade policy measures did eventually play a role. We study horizontal cereal price transmission both across different market places and across different...
Persistent link: https://www.econbiz.de/10009364592
Persistent link: https://www.econbiz.de/10010641955
Persistent link: https://www.econbiz.de/10010063894
This paper aims at making the world price endogenous within the AGMEMOD modelling approach. This approach constructs country-level commodity market models where supply and demand sides are equalized on the basis of the observed domestic prices. These prices are endogenous as they depend (price...
Persistent link: https://www.econbiz.de/10005802956
This study deals with horizontal wheat price transmission from the international markets to the domestic Swiss market. The analysis takes into account trade policies implemented at the borders that might shelter the domestic market from international markets fluctuations, as well as the presence...
Persistent link: https://www.econbiz.de/10011125147
In a context in which price uncertainty is likely to increase, expected market trends need to be taken carefully into account while negotiating international trade policy rules. This paper aims at analyzing what is their influence on the use of policy flexibilities in the context of WTO...
Persistent link: https://www.econbiz.de/10009326265
Persistent link: https://www.econbiz.de/10008164074
This work focuses on soft wheat price transmission mechanisms between the United States and the European Union. In particular, by performing a cointegration analysis, it aims at analyzing if and to which extent the prices in the two countries were related in the years from 1978 to 2003, provided...
Persistent link: https://www.econbiz.de/10004990578