In this paper, relationships between U.S. and Canadian wheat prices are examined using cointegration and error correction approach. The use of an error correction model is appropriate because U.S. and Canadian wheat prices are first differenced stationary and cointegrated. The results suggest...

This paper examines price integration in the MERCOSUR countries of Argentina and Brazil after the creation of this regional economic agreement using a fractional cointegration analysis. The results suggest that Argentine wheat and corn prices are fully cointegrated with the corresponding world...

This paper examines price integration in the MERCOSUR countries of Argentina and Brazil after the creation of this regional economic agreement using a fractional cointegration analysis. The results suggest that Argentine wheat and corn prices are fully cointegrated with the corresponding world...

This manual describes the worksheet version of the Food Aid and Food Security Analysis System (FAFSAS) for Jamaica and details the step-by-step procedure of using this analytical system for policy analysis.

The scope and purpose of this manual for Jamaica are the same as those of the technical manual for Honduras: it provides the basic tools for successfully using and managing the Food Aid and Food Security Analysis System. The manual includes instructions for conducting various policy analyses...

The FAPRI modeling system used for the analysis provides information about the impact of the European Union's (EU) proposed "Agenda 2000" Common Agricultural Policy (CAP) reforms on U.S. crops and livestock sectors, international trade balance, world prices, and on commodity supply and use in...

How can economists estimate consumption parameters by income classes? The approach used in this paper combines price elasticities estimated from aggregated market data and income-class-specific elasticities derived from household expenditure surveys using Slutsky relationships to calculate...

The Export Enhancement Program (EEP) was initiated under the Food Security Act of 1985 to offset the adverse effects of unfair trade practices on U.S. exports and to support U.S. prices. More recently, EEP has been constrained by both GATT and the FAIR Act. This study measures the impacts of the...

The scope and purpose of this manual for Jamaica are the same as those of the technical manual for Honduras: it provides the basic tools for successfully using and managing the Food Aid and Food Security Analysis System. The manual includes instructions for conducting various policy analyses...