| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Agricultural Price Transmission Across Space and Commodities During Price Bubbles
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| Autores: |
Esposti, Roberto
Listorti, Giulia
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| Data: |
2011-09-01
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| Ano: |
2011
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| Palavras-chave: |
Price Transmission
Price Bubbles
Time Series Properties
Cointegration
Demand and Price Analysis
Q110
C320
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| Resumo: |
This paper analyses the horizontal transmission of cereal price shocks both across different market places and across different commodities. The analysis is carried out using Italian and international weekly spot (cash) price data and concentrating the attention on years 2006-2010, a period of generalized exceptional exuberance and consequent rapid drop of agricultural prices. The work aims at investigating how price transmission may be affected during price bubbles. The properties of price time series are firstly explored to assess which data generation process may have eventually produced the observed patterns. Secondly, the interdependence across prices is specified and estimated adopting appropriate cointegration techniques.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/114338
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| Relação: |
European Association of Agricultural Economists>2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland
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| Formato: |
17
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