Hubbs, Todd; Kuethe, Todd - In: Agricultural Finance Review 77 (2017) 1, pp. 37-49
demand and excess supply. These disequilibrium periods motivate the discussion of public intervention as a policy proposal … aims to discuss these issues. Design/methodology/approach This study uses a structural disequilibrium model to examine the … model demonstrates that the market is frequently characterized by disequilibrium, fluctuating between periods of excess …