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PRICE DYNAMICS IN INTERNATIONAL WHEAT MARKETS

被引：27
作者：
GOODWIN, BK
SCHROEDER, TC
机构：
[1] Department of Agricultural Economics, Kansas State University, Manhattan, Kansas
来源：
CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D ECONOMIE RURALE | 1991年 / 39卷 / 02期
关键词：
D O I：
10.1111/j.1744-7976.1991.tb03570.x
中图分类号：
F3 [农业经济];
学科分类号：
0202 ; 020205 ; 1203 ;
摘要：
A vector autoregression model is used to evaluate dynamic relationships among international wheat prices. The effects of freight rates and exchange rates are also considered. Forecast error variance decompositions and impulse response functions are used to investigate price dynamics in six important international wheat markets. The results suggest significant dynamic relationships among prices in different international wheat markets and between the prices and exchange rates and transportation costs.
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页码：237 / 254
页数：18
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