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Country and border effects in the transmission of maize prices in Eastern Africa: evidence from a semi-parametric regression model
Ihle, Rico; von Cramon-Taubadel, Stephan; Zorya, Sergiy - African Association of Agricultural Economists - AAAE; … - 2010
-national maize price transmission. Although the three countries are members of the community’s customs union and they each claim to … pursue maize trade without borders, their agricultural trade policies still differ, thus affecting prices and trade flows to … a rather isolated and internally fragmented island within the East African maize markets. Bilateral maize trade with …
Persistent link: https://www.econbiz.de/10009201535
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Measuring the integration of staple food markets in Sub-Saharan Africa: Heterogeneous infrastructure and cross border trade in the East African community
Ihle, Rico; von Cramon-Taubadel, Stephan; Zorya, Sergiy - 2011
This analysis employs cointegration methods and semiparametric regression in order to assess the integration of maize … rich dataset of 16 series of wholesale maize prices between 2000 and 2008 for Kenya, Tanzanian and Uganda. Distance is …
Persistent link: https://www.econbiz.de/10010274732
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Measuring the Integration of Staple Food Markets in Sub-Saharan Africa: Heterogeneous Infrastructure and Cross Border Trade in the East African Community
Ihle, Rico; Cramon-Taubadel, Stephan von; Zorya, Sergiy - CESifo - 2011
This analysis employs cointegration methods and semiparametric regression in order to assess the integration of maize … rich dataset of 16 series of wholesale maize prices between 2000 and 2008 for Kenya, Tanzanian and Uganda. Distance is …
Persistent link: https://www.econbiz.de/10008914284
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Analisis de transmision de precios entre los mercados de maiz mexicanos y el mercado estadounidense: metodos lineales y no lineales
Araujo-Encisco, Sergio - In: Revista Española de Estudios Agrosociales y Pesqueros (2011) 229
research shows that maize markets in Mexico and the United States (US) are cointegrated. Furthermore, the research shows that … the degree of cointegration is different for each regional market in Mexico. The different methodologies used here, linear … analysis suggesting market power among maize importers in Mexico. …
Persistent link: https://www.econbiz.de/10010937031
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Long-Run Relationship of U.S. and Argentine Maize Prices
Ghoshray, Atanu - In: Journal of Agribusiness 24 (2006) 1
This paper examines the relationship between the maize export prices of the United States and Argentina. The results … suggest an asymmetric nature of price adjustment. This could be due to the fact that the maize market is characterized by … dynamics. The structure of maize trade is such that U.S. markets are largely insulated from influences flowing from Argentina …
Persistent link: https://www.econbiz.de/10008519362
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Distance and border effects on price transmission - a meta-analysis
Mengel, Carolin; von Cramon-Taubadel, Stephan - Institut für Agrarökonomie, Georg-August-Universität … - 2014
cointegration and price transmission. A border separating two markets reduces the probability of cointegration of price series by 23 …% compared with markets located in the same country. 1000 kilometers of distance reduces the probability of cointegration by 7 … economically insignificant for international market pairs. Maize price pairs are less often cointegrated compared to rice prices …
Persistent link: https://www.econbiz.de/10011155540
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Economic theory and econometric methods in spatial market integration analysis
Araujo Enciso, Sergio René - 2012
The study of Spatial Market Integration (SMI) has been of great concern for agricultural economists, with the Takayama and Judge Price and Allocation Model (TJM), in which prices are bounded by the Spatial Equilibrium Condition (SEC), being the core economic theory. The SEC implies that no...
Persistent link: https://www.econbiz.de/10010235158
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Spatial Integration in China's Pork Markets, 1999-2009
Rasmussen, Kirsten M. - 2010
China’s hog industry is evolving from backyard and professional household hog production to commercial operations. The change has been led by increases in vertical integration, increases in domestic and foreign investments, and government subsidies. Despite these changes, small backyard...
Persistent link: https://www.econbiz.de/10009477844
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A spatial integration analysis of the regional fertilizer markets in the Philippines
Galang, Ivory Myka R. - 2014
. The cointegration test suggest that regional markets are integrated. Long-run relationships are also shown to be …
Persistent link: https://www.econbiz.de/10010384986
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Spatial market integration and the dynamics of transaction costs in the Chinese soy bean market
Brosig, Stephan; Weitzel, Enno-Burghard; Glauben, Thomas; … - 2007
The development over time of market integration between Chinese provinces is analyzed by estimating threshold vector error correction models for rolling windows during 1998-2003. Transaction costs clearly decrease during this period characterized by liberalization of external trade and domestic...
Persistent link: https://www.econbiz.de/10011525791