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In a meta-analysis of spatial price transmission (PT) literature we aim to test for the presence of distance and border … effects on price transmission. We use PT estimates for 1189 cereal market pairs extracted from 57 studies and seek to explain … them by airline distance and existence of a border. The findings indicate distance and border effects on both price …
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With this paper, we provide the first quantitative investigation of vertical price transmission in the biodiesel supply …. The effects of both the market development and different policies on price transmission are analyzed in detail. Due to the …. Evidence was found for a strong impact of crude oil price on biodiesel prices, and of biodiesel prices on rapeseed oil prices …
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The threshold vector error correction model is a popular tool for the analysis of spatial price transmission and market … regimes, the profile likelihood estimator displays large bias and variance. Such settings are likely when studying price … by Goodwin and Piggott (2001), and an analysis of price transmission between German and Spanish markets for pork …
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