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SELLER AND BUYER SATISFACTION AND PARTICIPATION IN TURKEY'S WHEAT EXCHANGES AgEcon
Buguk, Cumhur; Brorsen, B. Wade.
This study uses data from a survey of wheat sellers and buyers in five different exchanges in Turkey to gain a better understanding of seller and buyer satisfaction with the current exchange system and factors that influence exchange participants' decisions to choose exchanges over other ways of selling wheat. The descriptive and econometric results indicate that most sellers and buyers have a few problems with the current system. The major dissatisfaction with exchanges are prices and fees. The Tobit model results suggest that there is a great potential for accepting a new grading system and accepting legally enforceable warehouse receipts because sellers and buyers most concerned about warehouse receipts use the exchanges the least.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Marketing.
Ano: 2001 URL: http://purl.umn.edu/36118
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Price Volatility Spillover in Agricultural Markets: An Examination of U.S. Catfish Markets AgEcon
Buguk, Cumhur; Hudson, Darren; Hanson, Terrill R..
Price volatility spillovers in the U.S. catfish supply chain are analyzed based on monthly price data from 1980 through 2000 for catfish feed, its ingredients, and farm- and wholesale-level catfish. The exponential generalized autoregressive conditional heteroskedasticity (EGARCH) model was used to test univariate volatility spillovers for prices in the supply chain. Strong price volatility spillover from feeding material (corn, soybeans, menhaden) to catfish feed and farm- and wholesale-level catfish prices was detected.
Tipo: Journal Article Palavras-chave: Catfish; EGARCH; Vertical market chains; Volatility spillover; Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/30716
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