Título: | Evidence of non-linear price transmission between maize markets in Mexico and the US |
Autores: | Araujo-Enciso, Sergio Rene |
Fecha: |
2009-06-19 2009-06-19 2009 |
Publicador: | |
Fuente: |
Ver documento |
Tipo: | Conference Paper or Presentation |
Tema: |
co-integration asymmetric price transmission vector error correction model error correction term loading parameter Mexico US maize Agricultural and Food Policy Food Security and Poverty Research Methods/ Statistical Methods C32 Q11 Q13 |
Descripción: | The present work provides evidence that non linear co-integration between Mexico and the US maize prices exists, at country and regional level. The models suggest that Mexican prices adjust at changes in US prices. Despite asymmetry was statistically rejected, it is likely that it might occur for thriving parameters different that zero in the error correction term. The results suggest on which way the research might be improved in order to assess such co-integration relationship accurately. |
Idioma: | en |
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