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This paper is concerned with the impact of the BSE crisis in the UK and focuses on the spread between retail and farm prices. From a theoretical perspective we show that if market power has an effect on the spread between retail and farm prices then this determines the specification of the...
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This paper examines the relationship between the maize export prices of the United States and Argentina. The results suggest an asymmetric nature of price adjustment. This could be due to the fact that the maize market is characterized by significant concentration. The larger market share of...
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