An econometric analysis of factors influencing the production of dried vine fruits in Greece and export markets

SIGLEAvailable from British Library Document Supply Centre- DSC:D81516 / BLDSC - British Library Document Supply CentreGBUnited Kingdo

On the Comovement of Commodity Prices

We present strong evidence against the excess-comovement hypothesis—that the prices of commodities move together beyond what can be explained by fundamentals. Prior studies employ broad macroeconomic indicators to explain common price movements, and potentially correlated fundamentals are not controlled for. We use inventory and harvest data to fit a partial equilibrium model that more effectively captures the variation in individual prices. The model explains the majority of the comovements among commodities with high price correlation, and all of the comovements among those with marginal price correlation. Common movements in supply factors appear to play an important role in the observed comovements in commodity prices. Copyright 2006, Oxford University Press.

Testing for spatial market integration and law of one price in Turkish wheat markets

Wheat, Co-integration, Market integration, Law of one price, Structural breaks,