The threshold vector error correction model is a popular tool for the analysis of spatial price transmission. In the literature, the profile likelihood estimator is the preferred choice for estimating this model. Yet, in many settings this estimator performs poorly. In particular, if the true...

Economists use partial and general equilibrium trade simulation models to estimate the impact of changes in domestic policies and international trade rules. During the WTO Doha Development Agenda (DDA) negotiations economists have produced many different estimates of the gains that would result...

We analyse topics and authorship networks in articles on agricultural transition that were published in 16 subject-related peer-review journals between 1989 and 2008. Increasingly, articles on transition are written by authors from the European Union-15 in collaboration with authors from Central...

It is reasonable to expect that price transmission for perishable products will display seasonal variation, especially in low-income country settings. To date, however, few studies have explicitly tested for seasonal variation in price transmission. We apply a vector error correction model with...

The regulation of seasonal foreign farm labour (SFFL) in Germany distorts market outcomes and produces no significant benefits for any of the affected groups. Analysis of the media discourse on this regulation indicates that its persistence can be attributed to the political sensitivity of...

This study aims to improve our understanding of the extent and speed of the transmission of international cereal prices to local markets in developing countries. We analyse two samples of price transmission (PT) estimates, one extracted from a comprehensive literature sample of 31 published...

The aim of this article is to analyse the price transmission between German and Hungarian wheat producer prices using weekly prices. Markov-Switching Vector Error Correction Model (MS-VECM) with three regimes seems to appropriately capture the dynamics in the price relationship.

There is no consensus on what defines a reference for the world rice price. A review on rice as a differentiated commodity shed two important insights. First, it confirms that few studies have considered segmentation of rice in their price analysis. Second, Thai 5% brokens has often been...