Showing 1 - 10 of 12
With the rapid increasing number and assets of A-REITs, there has been an urgent need to study the relationship between the changes of cash rates and the A-REITs returns. This study investigates whether there were relationships between Australian-Real Estate Investment Trusts stock returns and...
Persistent link: https://www.econbiz.de/10009484079
’s cointegration test along with a vector error correction model to investigate whether agricultural producer prices overshoot in a …
Persistent link: https://www.econbiz.de/10009442502
This paper develops a method for decomposing changes in agricultural producer prices. The method builds on a procedure used by the World Bank, with the key variables in the decomposition being trade prices, exchange rates, and agricultural trade policies. The main ways by which we expand on the...
Persistent link: https://www.econbiz.de/10009442544
The paper focus on the time adjustment paths of the exchange rate and agricultural producerand industrial prices in response to unanticipated monetary shocks following modeldeveloped by Saghaian et al. (2002). Results indicate that agricultural prices adjust faster thanindustrial prices to...
Persistent link: https://www.econbiz.de/10009445015
Australia for the period 1950-2005. Cointegration and a vector error-correction model are used along with Granger causality … the cointegration analysis of production in Australia and should be included in the long-run production relationship along …
Persistent link: https://www.econbiz.de/10009479429
United States. Using data from 1994 to 2003 the paper employs both correlation, causality and co-integration analysis to …
Persistent link: https://www.econbiz.de/10009482240
cointegration relationships of regional construction prices in Australia by using a range of econometric techniques including the … stationarity test, the Engle-Granger cointegration approach examines the long run equilibrium relationships within the regional …
Persistent link: https://www.econbiz.de/10009484078
The paper attempts to examine the market integration with the help of cointegration test on the prices of potato of … retail markets. The cointegration test by Johansen and Jeselius (1990) applied to weekly prices of three important potato …
Persistent link: https://www.econbiz.de/10009442462
2004:IV. Johansen's cointegration method and vector error correction (VEC) model based Granger causality test were used in …
Persistent link: https://www.econbiz.de/10009442904
This paper considers vertical price relationships between wholesalers and retailers on five local maize markets in Benin. We show that if the common factor and the long-run disequilibrium error are not explicitly taken into account in testing the channel model, one can easily be wrong about how...
Persistent link: https://www.econbiz.de/10009443835