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We assess exchange rate pass‐through when the Ruble exchange rate was managed in comparison with when it became free‐floating. Estimates of the error correction model for milling wheat prices suggest exchange rate pass‐through to be strongest in Russia's North Caucasus, the region closest...
Persistent link: https://www.econbiz.de/10014494927
Using a threshold vector error correction model approach, we find the wheat market of Russia to be segmented, with the primary grain export region poorly integrated with the domestic market. Results also indicate that trade costs are high, hindering the spatial market efficiency of wheat markets...
Persistent link: https://www.econbiz.de/10012119549
Strong harvest shortfall and high world market prices prompted the Russian government to implement a wheat export ban in 2010 aiming to dampen domestic wheat prices. Building on regional price and trade data of Russia's wheat producing regions, we find strengthened domestic wheat market...
Persistent link: https://www.econbiz.de/10013199247
Many different events happened in 2014 that affected Russia’s domestic markets. Among different dairy products, cheese has been the one for which domestic production has significantly increased and cheese import decreased since the summer of 2014. This paper aims to explore the effects of...
Persistent link: https://www.econbiz.de/10012632164
Using a threshold vector error correction model approach we find the wheat market of Russia segmented, with the primary grain export region poorly integrated into the domestic market. Results also indicate that trade costs are high, hindering spatial market efficiency of wheat markets in Russia....
Persistent link: https://www.econbiz.de/10011986310
Persistent link: https://www.econbiz.de/10012319839
The collapse of the Soviet Union and the Iron Wall as well as the emergence of Kazakhstan, Russia, Ukraine and Romania as major actors on international grain markets since 2000 had increased the hope for a more stable international grain market. However, various short-run trade policy...
Persistent link: https://www.econbiz.de/10015327321
Persistent link: https://www.econbiz.de/10014517564
Der Ukrainekrieg hat zu einem Rückgang der Weizenausfuhren aus Russland und der Ukraine nach Afrika geführt, die jedoch durch gesteigerte Exporte anderer Länder nahezu ausgeglichen wurden. Weltweite Beschränkungen der Weizenexporte sowie die Unsicherheit, dass Russland seine Getreideexporte...
Persistent link: https://www.econbiz.de/10014251171
Persistent link: https://www.econbiz.de/10013274071