@article{Esposti:182695,
      recid = {182695},
      author = {Esposti, Roberto and Listorti, Giulia},
      title = {Price transmission in the Swiss wheat market: does  sophisticated border protection make the difference?},
      address = {2014-08},
      number = {727-2016-50192},
      pages = {21},
      year = {2014},
      abstract = {This study deals with horizontal wheat price transmission  from the international markets to the domestic Swiss  market. The analysis takes into account trade policies  implemented at the borders that might shelter the domestic  market from international markets fluctuations, as well as  the presence of explosive behavior in some of the price  series. Furthermore, the Swiss case is peculiar due to the  presence of different border policies for wheat according  to its domestic use, food or feed. The paper investigates  price transmission in this segregated domestic market under  the respective different border policies but still  acknowledging possible linkages among the two market  segments. Vector Error Correction models with structural  breaks are estimated, allowing to account for the influence  of periods of market exuberance in the international  markets as well as of the consequent policy regime  changes.},
      url = {http://ageconsearch.umn.edu/record/182695},
      doi = {https://doi.org/10.22004/ag.econ.182695},
}