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American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) >
1999 Annual meeting, August 8-11, Nashville, TN >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/21489
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| Title: | SPATIAL MARKET INTEGRATION IN THE PRESENCE OF THRESHOLD EFFECTS |
| Authors: | Goodwin, Barry K.
Piggott, Nicholas E. |
| Authors (Email): | Goodwin, Barry K. (barry_goodwin@ncsu.edu) |
| Issue Date: | 1999 |
| Series/Report no.: | Selected Paper |
| Abstract: | Threshold cointegration models are used to evaluate spatial price dynamics among regional corn and soybean markets in North Carolina. Thresholds, reflecting the influences of transactions costs, are confirmed and spatial integration is strongly supported. Results indicate that equilibrating adjustments to market shocks are generally complete in two weeks. |
| URI: | http://purl.umn.edu/21489 |
| Institution/Association: | American Agricultural Economics Association>1999 Annual meeting, August 8-11, Nashville, TN |
| Total Pages: | 15 |
| Language: | English |
| Collections: | 1999 Annual meeting, August 8-11, Nashville, TN
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| sp99go02.pdf | 415Kb | PDF | View/Open |
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