Yu, Tun-Hsiang; Bessler, David A.; Fuller, Stephen W. - Agricultural and Applied Economics Association - AAEA - 2004
Transportation rates are vital components in the structure of U.S. grain exports. In this paper we study the dynamic properties of corn and soybean prices, and barge, rail and ocean shipping rates using time series analysis on monthly 1992-2001 data. Using Error Correction Model and Directed...