Rezitis, Anthony N.; Ntinou, Anastasia G.; Pachis, … - In: Agricultural and Food Economics 3 (2015), pp. 1-17
This paper investigates the international quarterly prices of wheat and rice from 1983(1) to 2012(4). The empirical …, seasonal and irregular components. The empirical results indicate that wheat prices present cyclical behavior while rice prices … except for cyclicality are mainly governed by the irregular component. The results strain the importance of treating wheat …