Over the last decade the link between agricultural and oil markets has reinforced after the introduction of biofuels as substitutes for gasoline and diesel. Although the literature on price transmission between these markets is prolific, research on second order moment dynamics is scant. This...

Diese Dissertation umfasst drei Studien zu Preistransmission und Marktintegration in Schweizer Agrar- und Lebensmittelmärkten. Der Artikel "Protecting the Swiss milk market from foreign price shocks: Public border protection vs. quality differentiation" analysiert räumliche oder horizontale...

Die Dynamik im Handel ist untrennbar von dem Einfluss der Politik, der Preise und der Rolle der Händler selbst. Obwohl sich die Handelspolitik exportierenden und importierenden Länder unterscheiden kann, im Allgemeinen wird der inländische Handelssektor unterstützt, was problematisch für...

For quite some time long-only index funds have been suspected of being responsible for price increases in agricultural futures markets. This suspicion has prompted demands to drastically limit long-only index funds' scope of activity. Such demands and their underlying diagnoses, however,...

Analysis of price transmission in transition countries is often complicated by unstable policy environments. We use a Markov-switching vector error-correction model (MSVECM) to model multiple regime shifts in the relationship between wheat and wheat flour prices in Ukraine from June 2000 to...

The study analyzes price transmission in international rice markets in the last 12 years, covering the period before and after the 2008 food crisis. To this end, it provides empirical evidence of price transmission between the international and domestic markets of rice using price series from...