for many sectors of the economy, in particular those with direct relation to these markets. Policy makers are analyzing … considers a threshold structure in a multivariate time-series model that evaluates these market linkages, capturing asymmetric … ethanol production in the evolution of the above mentioned prices. Results are compared to previous scenarios where corn …

often interested in simulating data from copula estimates. The process can be analytically and computationally complex and … calibrated by adjusting the density of the multidimensional grid used in the simulation process. The approach is fully …

consider nonlinear price linkages. In recent years, this literature has focused on models capable of accommodating structural … because of unobservable transactions costs which may result in discrete trade/no trade regimes or smooth, continuous … to consider regional linkages in markets for oriented strand board lumber products. En- ders and Holt (2012) examined …

In this study, we develop a new approach to investigate spatial market integration. In particular, it is a Markov … whether the law of one price holds across geographically separated markets, in other words, to test whether these markets … perform efficiently or not. In this model, we assume that the parameters depend on a state variable which describes two …

acreage response model of the form often estimated in the empirical literature (see, for example, the seminal paper of Chavas … points and at the ends of a data series. The latter approach to testing is especially important in this application since the … most substantial changes in markets have occurred since the 2007 Energy Independence Act. We then consider an analogous …

This article focuses on the modeling of agricultural yield data using hierarchical Bayesian models. In recovering the …-nested models considered was based on the posterior predictive criterion. The methodology used in this article proposes improvements … in the statistical and actuarial methods often applied to the calculation of insurance premium rates. These improvements …

sectors of the economy, in particularthose with direct relation to these markets. Policy makers are analyzing the … structure in a multivariate time-series model that evaluates these marketlinkages, capturing asymmetric correlations between … production in theevolution of the above mentioned prices. Results are compared to previous scenarios wherecorn, soybean and …