abstract comparative advantage is an economic term which is used to compare potential and actual production capacity of a country in a given commodity with the rest of the world. therefore, researches in this field could have a dual approach. in one hand it could demonstrate country’s production capacity in the production of commodities that are not produced yet and in the other hand it can ill...

abstract the industrial dairy farms in iran are facing several economic problems and about six percent of these farms were shut down in fars province due to low profitability. despite such problems and availability of other enterprises in the region, farmers do not switch to other farm activities. in this context, the factors affecting acceptance of diversification options were investigated in ...

this study aims to estimate the function of copper consumption using the johansen approach in time series data, between 1991-2011 in iran. the literature review of specialized consumption and demand functions shows factors influencing the consumption of copper including copper price variables, aluminum price as a substitute commodity, oil price as a complementary commodity, and industrializatio...

government interventions in agricultural markets in order to stabilize commodity prices and producer incomes have had a long tradition. intervention has been at both the state and country levels and has been for the most part in the form of commodity-based schemes. this study represents an attempt to develop an appropriate methodology for analyzing the aggre-gate effects of a particular type of...

futures contract is one of the most important derivatives that is used in financial markets in all over the world to buy or sell an asset or commodity in the future. pricing of this tool depends on expected price of asset or commodity at the maturity date. according to this, theoretical futures pricing models try to find this expected price in order to use in the futures contract. so in this ar...

in the present study, competitiveness of iranian pistachio exports and competitor countries in  the world market are studied. pistachio export advantage using indices of revealed comparative advantage (rca) approach and vector error correction model(vecm) based on  agricultural and non-petroleum export commodity basket were investigated separately. the results showed that iran has a comparative...

This paper focuses on a nonlinear stochastic model for financial simulation and forecasting based on assumptions of multivariate stochastic correlation, with an application to the European market. We present in particular the key elements of a structured hierarchical econometric model that can be used to forecast financial and commodity markets relying on statistical and simulation methods. The...

Futures contract is one of the most important derivatives that is used in financial markets in all over the world to buy or sell an asset or commodity in the future. Pricing of this tool depends on expected price of asset or commodity at the maturity date. According to this, theoretical futures pricing models try to find this expected price in order to use in the futures contract. So in this ar...

a r t i c l e i n f o The main purpose of this paper is to identify the effects of exogenous factors, which have been somewhat controversial , on the price links between the energy and agricultural commodity markets. Our study differs from other studies by employing multivariate normal mixture models to capture the structural properties of the price dependencies in the underlying states. This p...