عنوان

Price Stabilization on World Agricultural Markets :

شابک

3642467822

شابک

9783642467820

شماره

b566501

عنوان اصلي

Price Stabilization on World Agricultural Markets :

نام عام مواد

[Book]

ساير اطلاعات عنواني

an Application to the World Market for Sugar

نام نخستين پديدآور

by Bernd Lucke.

محل نشرو پخش و غیره

Berlin, Heidelberg

نام ناشر، پخش کننده و غيره

Springer Berlin Heidelberg

تاریخ نشرو بخش و غیره

1992

نام خاص و کميت اثر

(xi, 274 pages)

عنوان فروست

Lecture notes in economics and mathematical systems, 393.

متن يادداشت

I: Price Stabilization on World Markets for Agricultural Products --; 1: On the Desirability of Price Stabilization --; 2: Non --; Existence of Rational Expectations Equilibria --; 3: Price Dynamics in a Linear World --; II: Price Formation on the World Sugar Market --; 4: Characteristics of the Market --; 5: Quantitative Analysis of the World Sugar Market --; III: Price Stabilization on the World Sugar Market --; 6: The International Sugar Agreements --; 7: Structural Change on the World Sugar Market --; 8: Quantifying the Effects of the International Sugar Agreements --; Conclusions --; Appendix: Regression Diagnostics --; Al: Testing Procedures --; A1.1 Testing for Normality --; A1.2 Testing for Serial Independence --; A1.3 Testing for Heteroskedasticity --; A1.4 Testing for Non --; Linearities --; A1.5 Testing for Structural Change --; A2: Regression Statistics and P --; Values --; List of Abbreviations --; References.

متن يادداشت

This book contains both a theoretical analysis of (supply) price stabilization on world agricultural markets and an econometric investigationof recent sugar market policies. The theoretical part explicitly considers the effects of protected domestic markets: It shows price stabilization to be generally desirable and provides a proof for the non-existence of rational expectations equilibria on the world market in a model with inelastic excess supply. The empirical analysis assesses the effects of the International Sugar Agreements of 1968 and 1977. Quota-mechanisms intended to limit sugar exports are found to have raised the average world market price. A reduction in the price's variance, however, is not conceivable. In general, quota agreements seemto be an inapppropriate instrument of price stabilization, as they lack a stable equilibrium interpretation. The method of analysis is time series econometrics with particular attention on unit root and cointegration issues. Tests for structural change emplopyed in orderto single out possible effects of the International Sugar Agreements.

موضوع مستند نشده

Economics.

موضوع مستند نشده

Environmental economics.

شماره رده

نشانه اثر

مستند نام اشخاص تاييد نشده

by Bernd Lucke.

مستند نام اشخاص تاييد نشده

Bernd Lucke

نام الکترونيکي

نوع ماده

[Book]

تكميل شده

Y