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Registros recuperados: 39 | |
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Jaleta, Moti; Gebremedhin, Berhanu. |
This paper examines the cointegration of grain market prices in Northern Ethiopia. Results are based on bi-monthly retail price data on wheat and teff collected from six markets in the Tigray region of Northern Ethiopia. The data has 55 observations for each of the two crops in each of the six markets ranging over a period of May 2006 to October 2008. Johansen’s cointegration test reveals that most markets are cointegrated in wheat and teff retail prices. There is an indication that retail prices at Abi-Adi, a town located relatively farther away from the main asphalt road, is less integrated to other markets. This implies that infrastructural development is crucial for spatial market integration through market information transmission and physical... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Price cointegration; Food crop market; Error correction model; Demand and Price Analysis; Marketing; C31; C32; Q13. |
Ano: 2009 |
URL: http://purl.umn.edu/51049 |
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Lambert, Dayton M.; Florax, Raymond J.G.M.; Cho, Seong-Hoon. |
This research note documents estimation procedures and results for an empirical investigation of the performance of the recently developed spatial, heteroskedasticity and autocorrelation consistent (HAC) covariance estimator calibrated with different kernel bandwidths. The empirical example is concerned with a hedonic price model for residential property values. The first bandwidth approach varies an a priori determined plug-in bandwidth criterion. The second method is a data driven cross-validation approach to determine the optimal neighborhood. The third approach uses a robust semivariogram to determine the range over which residuals are spatially correlated. Inference becomes more conservative as the plug-in bandwidth is increased. The data-driven... |
Tipo: Working or Discussion Paper |
Palavras-chave: Spatial HAC; Semivariogram; Bandwidth; Hedonic model; Research Methods/ Statistical Methods; C13; C31; R21. |
Ano: 2008 |
URL: http://purl.umn.edu/45964 |
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Busse, Matthias; Braun, Sebastian. |
The paper addresses the linkage between certain aspects of the increasing economic integration of world markets and the level of child labour. We empirically examine, first, the often-cited conventional wisdom that multinational enterprises invest in countries where the extent of child labour is relatively high and, second, the concern that countries may gain an unfair comparative advantage in trade by using child labour. The results indicate that multinationals are highly sensitive with respect to the location of their transplants and prefer countries with lower levels of child labour. The opposite outcome applies to child labour and comparative advantage in labour-intensive goods, where we find a statistically significant positive relationship. Based on... |
Tipo: Working or Discussion Paper |
Palavras-chave: Child Labour; Economic Integration; Trade; FDI; International Relations/Trade; Labor and Human Capital; C31; F15; J82. |
Ano: 2003 |
URL: http://purl.umn.edu/26174 |
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Schumacher, Sara K.; Marsh, Thomas L.. |
This study investigated the cost structure of the floriculture industry in the United States. Economies of scale and input elasticities were estimated with a normalized quadratic cost function. Results suggest that economies of scale exist in the floriculture industry. As producers become large and more automated, they have a cost advantage relative to smaller producers who are producing the same output product mix. The existence of economies of scale suggests that average grower size can increase in the future as growers increase in size to take advantage of cost efficiencies. |
Tipo: Journal Article |
Palavras-chave: Duality; Economies of scale; Floriculture; Nonprice variables; Q12; C31; D20. |
Ano: 2003 |
URL: http://purl.umn.edu/43145 |
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Registros recuperados: 39 | |
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