|
|
|
|
|
| Worako, Tadesse Kumma; van Schalkwyk, Herman D.; Alemu, Zerihun Gudeta; Ayele, Gezahegn. |
| Coffee producers in Ethiopia have historically received a very small share of the export price of green coffee. Reasons that are often mentioned are heavy government intervention and high marketing and processing costs. Prior to 1992, government regulation of the domestic coffee market in the form of fixed producer prices and the monopoly power of the Ethiopian Coffee Marketing Corporation put a substantial wedge between the producer price and the world price of coffee by imposing an implicit tax on producers. The domestic coffee marketing system in Ethiopia was liberalised after 1992, which was envisaged to have a positive effect on producer prices and price transmission signals from world markets to producers. This paper, with the help of Cointegration... |
| Tipo: Journal Article |
Palavras-chave: Market deregulation; Producer price; Price transmission; Price asymmetry. |
| Ano: 2008 |
URL: http://purl.umn.edu/47658 |
| |
|
|
| Wixson, Sarah E.; Katchova, Ani L.. |
| Recent increases in the price of crude oil have led to a rise in the prominence of corn-based ethanol as an alternative source of energy. As a result linkages have been established between commodity and energy prices. The aim of this study is to determine if soybeans, corn, wheat, oil, and ethanol adjust their prices asymmetrically depending on whether their actual price is over or under-predicted with respect to one another. This study’s goal of determining if asymmetric price relationships exist is accomplished by using monthly time series price data incorporated into a distributed lag error correction model distinguishing between positive and negative price difference and positive and negative values of the error correction terms. The primary results... |
| Tipo: Presentation |
Palavras-chave: Commodity prices; Energy prices; Price asymmetry; Risk and Uncertainty; Q13. |
| Ano: 2012 |
URL: http://purl.umn.edu/122553 |
| |
|
| |
|
|
|
