| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
Alternative Theories and Empirical Approaches to Price Discovery: An Application to Fed Cattle
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| Autores: |
Carlberg, Jared G.
Ward, Clement E.
|
| Data: |
2008-09-17
|
| Ano: |
2003
|
| Palavras-chave: |
Derived demand
Fed cattle
Partial adjustment model
Price discovery
Q13
Q11
Q12
C51
C22
|
| Resumo: |
Price discovery is a frequent topic of research, but many times is not clearly defined and thus purported to cover a myriad of topics. This article provides two alternative theories as the basis for one line of price discovery research. Empirical models consistent with the two theories are estimated using a common data set. Empirical results differ as expected. This article evidences why the theoretical basis for an empirical model depends on clearly defining the objective(s) of the research.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/43201
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 35, Number 03, December 2003
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| Formato: |
13
|
