Data/hora: 13/06/2024 06:33:03

Provedor de dados: | 31
País: | United States
Título: | Price Dynamics in the North American Wheat Market
Autores: | Baek,   Jungho; Koo,   Won W.
Data: | 2005-05-16
Ano: | 2005
Palavras-chave: | Canadian wheat exports; Durum wheat; Hard red spring wheat; Johansen cointegration test; Unit root test with a structural break; Vector error-correction; Demand and Price Analysis.
Resumo: | This study examines price dynamics in the U.S. and Canadian hard red spring (HRS) and durum wheat markets. Using monthly prices for 1979-2002, we adopt Johansen cointegration tests and a vector error-correction (VEC) model. The results show that U.S. hard red winter (HRW) and Canadian HRS are exogenous in the model consisting of U.S. HRW and HRS and Canadian HRS prices. Canadian durum is exogenous in the model of U.S. and Canadian durum prices. Therefore, the results suggest that the HRW exporting industry and Canada have been the price leader in North American wheat markets.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

16319

http://purl.umn.edu/19353

Editor: | AgEcon Search

Relação:

American Agricultural Economics Association&gt;2005 Annual meeting, July 24-27, Providence, RI

Selected Paper 135886

Formato:

26

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