Data/hora: 12/06/2024 02:49:45

Provedor de dados: | 31
País: | United States
Título: | Are Australian wholesale vegetable markets LOOPy?
Autores: | Nicols,   Panos; Ahmadi-Esfahani,   Fredoun Z.
Data: | 2009-02-19
Ano: | 2009
Palavras-chave: | Law of one price; Australian wholesale vegetable markets; Pricing efficiency; Demand and Price Analysis; Marketing.
Resumo: | Literature regarding the pricing efficiency of Australian wholesale vegetable markets is very limited. The objective of this paper is to test whether or not vegetable products traded in these markets are priced efficiently and satisfy the law of one price (LOOP). To that end, the price relationships between Adelaide and Melbourne markets are tested, using the Johansen cointegration approach, Granger causality and impulse response functions. The empirical findings do not appear to satisfy the LOOP. Policy implications of the analysis are explored.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês
Identificador: | http://purl.umn.edu/47618
Relação: | Australian Agricultural and Resource Economics Society&gt;2009 Conference (53rd), February 11-13, 2009, Cairns, Australia
Formato: | 19