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employing the Kalman filter. The time-varying cointegration parameters suggest that the security measures indeed impacted price …
Persistent link: https://www.econbiz.de/10009364975
Being the main food commodity, the dynamics of rice prices is one of the most important issues for Indonesian economy. The prices at the retail level and at the farm level are influenced not only by the demand and supply in each of these markets but also by price behavior at the wholesale...
Persistent link: https://www.econbiz.de/10014500663
eliminated the problem of seasonality by using seasonally adjusted data. Recent developments in cointegration techniques allow … sows are included. A vector autoregression incorporating seasonal cointegration is estimated. A tentative interpretation of …
Persistent link: https://www.econbiz.de/10005764138
investigate the presence of long-run functional relationship(s) underlying the supply response model through cointegration …
Persistent link: https://www.econbiz.de/10005770881
-run relationship(s) in the agricultural supply response model through cointegration analysis. The error correction estimates suggest …
Persistent link: https://www.econbiz.de/10005582812
cointegration, it investigates whether regional food grain markets within and across states are spatially linked or not. The … cointegration tests provide evidence in favour of spatial integration of the regional food grain markets. Even though regional …
Persistent link: https://www.econbiz.de/10010781160
We assess market integration and price transmission of perishable agricultural produce in Sub-Saharan Africa by studying Ghanaian tomato markets which are characterized by pronounced seasonality in production and trade flows. We analyse the tomato markets of Ghana by simultaneously regarding its...
Persistent link: https://www.econbiz.de/10008784665
Maize is a major staple food in Sub-Saharan Africa. Monthly maize prices in Tanzania are analyzed since the country is an important maize producer and exporter in East Africa. We analyze price transmission between the five most important urban regions of Tanzania between 2000 and 2008 which...
Persistent link: https://www.econbiz.de/10008784666
The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario...
Persistent link: https://www.econbiz.de/10013306742
The aim of this paper is to investigate the causal relationship between agricultural prices in South Africa and global oil prices. A nonlinear Granger causality test based on moment conditions, introduced by Nishiyama et al (2011) is employed and we find that there is indeed a causal...
Persistent link: https://www.econbiz.de/10011168860