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Copula-Based Nonlinear Models of Spatial Market Linkages AgEcon
Goodwin, Barry K.; Holt, Matthew T.; Onel, Gulcan; Prestemon, Jeffrey P..
Replaced with revised version of paper 06/28/11.
Tipo: Conference Paper or Presentation Palavras-chave: Spatial Market Linkages; Copula Models; State-dependence; Forest Products; Research Methods/ Statistical Methods.
Ano: 2011 URL: http://purl.umn.edu/103715
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Modeling Nonlinearities in Farmland Values: A Dynamic Panel Threshold Error-Correction Model AgEcon
Onel, Gulcan.
Earlier studies usually indicate that farmland prices and cash rents are not cointegrated, a finding that seems at odds with the implications of the present value model. The main objective of this study is to explore whether this absence of empirical support for the present value model can be attributed to the restrictiveness of conventional time series methods. I suggest a panel unit root model with two regimes in which the adjustment process may be characterized by the presence of thresholds and discontinuities reflecting the presence of transactions costs and other barriers to adjustment. Using farmland value and cash rents data for 10 agricultural states of the U.S. between 1960 and 2008, empirical findings give modest improvement over the linear unit...
Tipo: Conference Paper or Presentation Palavras-chave: Present Value Model; Transactions costs; Thresholds; Panel unit root; Land Economics/Use; Research Methods/ Statistical Methods.
Ano: 2009 URL: http://purl.umn.edu/49445
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Nonlinear Models of Exchange Rate Pass-Through in International Forest Product Markets AgEcon
Onel, Gulcan; Prestemon, Jeffrey P.; Holt, Matthew T.; Goodwin, Barry K..
Tipo: Conference Paper or Presentation Palavras-chave: Forest Products; International Price Linkages; Exchange Rate Pass-Through; Vector Error Correction Models (VECM); Thresholds; International Relations/Trade; Research Methods/ Statistical Methods.
Ano: 2010 URL: http://purl.umn.edu/61620
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Threshold Effects on Inter-Sectoral Migration of U.S. Farm Labor AgEcon
Onel, Gulcan; Goodwin, Barry K..
Tipo: Conference Paper or Presentation Palavras-chave: Labor and Human Capital.
Ano: 2011 URL: http://purl.umn.edu/103953
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