Impact of Government Intervention on Price Integration between Polish and World Wheat Markets
AbstractMarket reforms implemented in Poland, especially broader openness to international trade, should result in increasing price integration between Polish and world markets for such internationally traded commodities like wheat. However, in a period of economic transformation, Polish agricultural prices have been very volatile which led to government intervention in the market. Mainly because of such practises, Polish monthly wheat prices were found, using regression and cointegration analysis, to be generally unrelated to selected world prices over the period of 1990/91 through 1996/97. The intervention also caused such market distortions as deviations of prices from a normally expected seasonal pattern.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Greek Association of Agricultural Economists in its journal Agricultural Economics Review.
Volume (Year): 01 (2000)
Issue (Month): 2 (August)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Officer, Lawrence H., 1986. "The law of one price cannot be rejected: Two tests based on the tradable/nontradable price ratio," Journal of Macroeconomics, Elsevier, vol. 8(2), pages 159-182.
- Bruce L. Gardner, 1996. "Agricultural Support in Eastern Europe: Discussion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 808-809.
- Figiel, Szczepan & Scott, Tom & Varangis, Panos, 1997. "How government policies affect the relationship between Polish and world wheat prices," Policy Research Working Paper Series 1778, The World Bank.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.