IDEAS home Printed from https://ideas.repec.org/a/oup/erevae/v22y1995i1p25-39.html
   My bibliography  Save this article

Do Price Stabilisation Schemes Contribute to Stability? Some Counterfactual Evidence from the Canadian Barley Market

Author

Listed:
  • Matheson, Robert
  • Clark, J Stephen
  • Klein, K K

Abstract

The impact of price stabilisation schemes on producer expectations has generally been ignored by policy makers. Using a theoretical model of the Canadian prairie barley market, unconditional mean price and two-year moving-average price stabilisation schemes are compared with no stabilisation, assuming rational expectations. Both price convergence and variance were affected by the choice of the price stabilisation scheme. This illustrates the influence price stabilisation schemes can have on the stochastic process generating market prices. Copyright 1995 by Oxford University Press.

Suggested Citation

  • Matheson, Robert & Clark, J Stephen & Klein, K K, 1995. "Do Price Stabilisation Schemes Contribute to Stability? Some Counterfactual Evidence from the Canadian Barley Market," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 22(1), pages 25-39.
    • Handle: RePEc:oup:erevae:v:22:y:1995:i:1:p:25-39
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:erevae:v:22:y:1995:i:1:p:25-39. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/eaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.