Spatial Market Efficiency and Policy Regime Change: Seemingly Unrelated Error Correction Model Estimation
نویسندگان
چکیده
منابع مشابه
AEDE - WP - 0014 - 01 Spatial Market Efficiency and Policy Regime Change : Seemingly Unrelated Error Correction Model Estimation
We investigate the degree to which the wheat markets of France, Germany and the United Kingdom are in spatial equilibrium and how reforms to the CAP affect the speed of convergence to the long run relationship. Due to the interrelationship among these markets and the nonstationarity of our data we introduce a seemingly unrelated regression augmented Dickey-Fuller and error correction methodolog...
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ژورنال
عنوان ژورنال: American Journal of Agricultural Economics
سال: 2002
ISSN: 0002-9092,1467-8276
DOI: 10.1111/1467-8276.00366