Yang, Jian; Haigh, Michael; Leatham, David - In: Applied Economics Letters 8 (2001) 9, pp. 593-598
This study examines the effect of the recent radical agricultural liberalization policy, i.e. the 1996 FAIR Act, on agricultural commodity price volatility using Generalized Autoregressive Conditional Heteroscedasticity (GARCH) models. Results of the study indicate that the agricultural...