Goodwin, Barry K.; Smith, Vincent H. - In: Journal of Agricultural and Resource Economics 34 (2009) 2
Dynamic relationships among three classes of wheat are investigated using threshold VAR models that incorporate the … hard red spring wheat and hard red winter wheat, but not soft red wheat. The responses to identical changes in protein … individual classes of wheat result in complex responses in the prices of the other wheat classes. Notably, however, a shock to …