The Israeli citrus export sector was liberalized in 1991 with the aim to increase citrus growers'income and to improve overall efficiency of the international citrus marketing channel. However,the former government export monopoly's activities were mainly taken over by four largecompanies...

The Israeli citrus export sector was liberalized in 1991 with the aim to increase citrus growers’ income and to improve overall efficiency of the international citrus marketing channel. However, the former government export monopoly’s activities were mainly taken over by four large companies...

We propose a three-step procedure toestimate a regime-dependent vector error correctionmodel (VECM). In this model, not only the short-runadjustment process towards equilibrium is non-linear,as in threshold VECM and Markov switching VECMframeworks, but the long-run equilibrium relationshipitself...