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Provedor de dados:  AgEcon
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>2009 Conference (53rd), February 11-13, 2009, Cairns, Australia
Formato:  19
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