Kennedy, Philip Lynn; Garcia-Fuentes, Pablo A.; … - In: Journal of Applied Economics 24 (2021) 1, pp. 633-650
This paper uses an application of the Bertrand model to explain the relationship between HFCS deliveries and the prices of HFCS-42 and sugar. It finds that the HFCS deliveries and the prices of HFCS-42 and refined sugar are cointegrated over the period 1994:q1-2020:q1. The main results, based on...
