Understanding and measuring determinants of bid-ask spreads is decisive to clarifying the efficiency of the microstructure of any exchange and general market liquidity. This paper examines the market microstructure of a low liquidity, market maker driven option market, the relations to the underlying securities’ market and the challenges of pricing liquidity. Comparing empirical results with pr...

Reduction of the amount of fat in carcasses has been in process for many years and will continue in response to consumer demand. With milk and dairy products, however, the demand for fat continues and available technology will only be used if the market changes. Some increase of the polyunsaturated: saturated ratio (P/S) of carcass fat will automatically accompany reduction in quantity of fat, ...

Purpose. The present article aims to identify main determinants influencing development of demand at the dairy market in Ukraine (the average volume milk consumption per capita), evaluate their impact on demand, assess dependencies between factors and partial elasticity coefficients for further use forecasting.
 Methodology / approach. In research, authors used information from State Stati...

Purpose: The aim of this study was to try define the basics and various factors that determine purchasing behavior consumers on modern milk products market. Design/Methodology/Approach: used results author's empirical research in which 464 respondents were selected for a purposeful manner. main selection criterion respondents' declaration regular purchase consumption dairy households. tool stan...

Though Bench Sheko and Sheka zones have great potential for dairy production in Ethiopia, the majority of producers’ could not get benefit from sector a sustainable way due to low market participation problem. Hence, this study was designed analyze determinants by Southwestern Ethiopia. Data 160 sampled producers were employed analyzed using probit model. The model result shows ownership crossb...