Pricing to Market, (Seasonal) Cointegration and US Agricultural Exports

Xu, Yun; Sheldon, Ian M.

doi:10.22004/ag.econ.19377

Pricing to Market, (Seasonal) Cointegration and US Agricultural Exports

In this paper, we examine whether US exporters of agricultural commodities price to market. Specifically, we estimate the fixed-effects model of Knetter (1989; 1995), and alternative specifications based on the use of cost indices, and seasonal and vector error correction models that account for the time-series properties of the data.

Keywords:

pricing to market ; cointegration ; US agricultural exports

Subject(s):

International Relations/Trade

Issue Date:

2005

Publication Type:

Conference Paper/ Presentation

DOI and Other Identifiers:

10.22004/ag.econ.19377

Record Identifier:

https://ageconsearch.umn.edu/record/19377