Jalonoja, Kati; Liu, Xing; Pietola, Kyosti - MTT Taloustutkimus (MTTL), Government of Finland - 2006
This paper estimates market integration between the Finnish and German pork and beef markets. An econometric error correction model that allows for threshold effects and asymmetric price response is estimated. The data are weekly price observations during the period of 1995-2004. Each price...