this study uses vector error correction model to examine the effects of oilseeds, crude oil and vegetable oil tariffs on vegetable oil consumer price. monthly data sets for the years 2004-2013 and var and vecm models were applied for this study. research findings indicates only a long term equilibrium relation between the study variables .the effect of vegetable oil tariffs on consumer and prod...

abstract main objective of this paper is to investigate the impact of exchange rate misalignment on wheat’s producer estimates (pse), using the 1989-2007 period’s data. for this purpose, vector error correction model (vecm) along with the use of real exchange rate based on purchasing power party (ppp) was applied to estimate nominal equilibrium exchange rates. then, by using market price suppor...

This paper uses the semiparametric error correction model (Li andWooldridge, 2002) and investigates the dynamics of wage, employment and labor efficiency after introducing five-day work week to the Korean labor market. Efficient working hour function is obtained by nonparametric method (polynomial approximation) and the dynamics are investigated using impulse response analysis. Average derivati...

Along with the growth of marine tourism industry, number global cruise tourists is rapidly increasing; competition among regions to attract increasing. The current study aims verify that industry can be sustainable through its inherent power for long-term balanced convergence within and flexibly respond external shocks such as COVID-19. This applies Vector Error Correction Model (VECM) estimate...