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...

The paper examines the price dynamics in the U.S. fiber market using error correction version of Granger causality test. Monthly prices are used to examine short-run and long-run price relationships simultaneously. Before specifying causal equations, time series properties of the prices are...

Medium-term prospects for key agricultural markets in Lithuania are analysed under alternative policies. Policy alternatives show the impacts of EU accession and also the impacts of implementing AP reforms in 2007. The model is a partial equilibrium, multi-commodity model where commodity prices...