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The threshold autoregressive (TAR) model by Enders and Granger (1998) and Enders and Siklos (2001) is a popular econometric model that estimates asymmetric price transmission (APT) with non-stationary time series data. However, empirical studies have not considered much the arbitrariness of...
Persistent link: https://www.econbiz.de/10009444306
This paper evaluates the production and trade trends for maize and maize products in southern Africa, individual countries’ revealed comparative advantages in producing these products, and the expected implications of freer trade in this sector. The analysis employs mainly annual bilateral...
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This paper analyzes monetary policy conditions in Spain before and after the changeover to the Euro as the single European currency. We use forward-looking Taylor-type rules to describe the Banco de España's pre-Euro monetary policy and find that it was clearly inflation stabilizing. Compared...
Persistent link: https://www.econbiz.de/10011142665
Origin matters. This has been shown by numerous studies using either discrete choice or hedonic approaches to derive implicit prices for origin as a product attribute. In most of the hedonic studies, intercept dummies were introduced for specific regional origins and statistically significant...
Persistent link: https://www.econbiz.de/10010880330
For some Localised Agro-Food Systems (LAFS) in Europe, the cheese and milk prices are above average whilst others are similar or even below average. The objective of this paper is to shed light on levers, which the agents activate to assure their uniqueness is irrevocable, and uphold the...
Persistent link: https://www.econbiz.de/10010909635
Today most flowers physically pass through the auction houses on their fixed routes from (inter)national growers to (inter)national customers. Physical presence is necessary to allow for physical inspection, quality control and break-bulk activities. Several developments, such as new markets in...
Persistent link: https://www.econbiz.de/10010914608
The “fruit trade chain” is a commonly accepted term used in the industry to describe the system of trading fresh fruit. The fruit trade chain includes procurement, production, packaging, shipment and delivery to the consumer. Within this chain, numerous components are involved: picking,...
Persistent link: https://www.econbiz.de/10011069705
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