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Sniekers, Peter; Wong, Gordon. |
It has been generally agreed that Australia is a price follower on the world wheat market. However, to date, this has not been tested empirically. In this paper a transfer function model between prices of U.S.A. wheat and Australian wheat is set up to examine the existence, if any, of a leader-follower relationship. By employing the causality criteria as described by Granger, this analysis is implemented to draw inferences about causality among these wheat prices. Results indicated that a significant leader-follower relationship exists, with the U.S.A. taking the leader role. The results reported are particularly useful for wheat price forecasting work and provide a basis for further modelling work. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Demand and Price Analysis. |
Ano: 1987 |
URL: http://purl.umn.edu/12313 |
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Chang, Hui-Shung (Christie); Campbell, Gene; Sniekers, Peter. |
Geographical Indications (GIs) have increasingly been used as a marketing tool to create an image of quality and uniqueness, and so capture premium prices. Hedonic pricing studies have shown that indication of geographical origin of production (e.g. country, region, wineries, and location), can affect prices. However, Geographical Indications only work when they are backed up by quality products. The objectives of this study are to assess the potential of a proposed Geographical Indication for the emerging "New England" wine region in promoting local wines and to make recommendations on how that potential, if it exists, can be realised. The assessment is based on an overview of existing systems of Geographical Indications and conditions, both economic... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Geographical indication; TRIPS Agreement; Wine marketing; Hedonic; Agribusiness. |
Ano: 2007 |
URL: http://purl.umn.edu/10414 |
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