The study uses the linear AIDS technique to analyse how consumers of cassava food products in the Lagos metropolitan area react to economic and demographic factors and how consumer reactions can be captured to bring about effective policy formulation for food security and poverty alleviation...

Because of their natural adherence to the climate and pronounced seasonal cycles, prices of field crops constitute an interesting field for exploring seasonal time series models. We consider quarterly prices of two major cereals: barley and wheat. Using traditional in-sample fit and...

The paper examines the existence of market power in the respective pork and poultry (“white” meat) meat markets in Austria by means of the Johansen cointegration technique. The existence of market power in pork retail pricing is revealed. Poultry retail pricing is, however, found to be...

Tests for the efficiency of commodity arbitrage typically fail to find cointegration relationships between spot and futures prices and between markets. The reported study investigates the issue for spot and futures prices of cocoa on New York and London markets by means of the Johansen maximum...

In a panel of West African countries, we investigate whether data on immigrant remittance flows can be used to improve on predictive accuracy of aggregate demand in a systematic way. The results of the prediction experiments are compared to traditional significance tests of asymmetric error...