We investigate competitiveness and price behaviour in the Israeli citrus export sector following the removal of the government export monopoly and the entry of private export companies in 1991. We identify asymmetric price transmission for some exporters even in the liberalized market which only...

We study vertical price transmission between Israel and the EU in the imperfectly competitive Israeli citrus export sector, which emerged after the former parastatal marketing board was liberalised in 1991. We find evidence of positive asymmetry in price transmission, implying that Israeli...

There is no consensus on what defines a reference for the world rice price. A review on rice as a differentiated commodity shed two important insights. First, it confirms that few studies have considered segmentation of rice in their price analysis. Second, Thai 5% brokens has often been...

The policy preference function (PPF) approach has become popular with economists seeking to explain the origin of government policies. In this paper, a distinction between positive and normative work with the PPF concept is made. Positive work is shown to suffer from a variety of shortcomings...

The aim of this article is to analyse the price transmission between German and Hungarian wheat producer prices using weekly prices. Markov-Switching Vector Error Correction Model (MS-VECM) with three regimes seems to appropriately capture the dynamics in the price relationship.

Economists use partial and general equilibrium trade simulation models to estimate the impact of changes in domestic policies and international trade rules. During the WTO Doha Development Agenda (DDA) negotiations economists have produced many different estimates of the gains that would result...

This study aims to improve our understanding of the extent and speed of the transmission of international cereal prices to local markets in developing countries. We analyse two samples of price transmission (PT) estimates, one extracted from a comprehensive literature sample of 31 published...