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Reexamination of Price Dynamics in the International Wheat Market, A

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  • Samarendu Mohanty
  • William H. Meyers
  • Darnell B. Smith

Abstract

The international wheat market has received much attention from researchers because of the perception that noncompetitive elements exist in the market. This study examines price dynamics among the United States, Canada, Australia, the European Union, and Argentina using a cointegration and error correction approach. Unlike some past studies, the results here suggest that there is no distinct price leader in the international wheat market.

Suggested Citation

  • Samarendu Mohanty & William H. Meyers & Darnell B. Smith, 1996. "Reexamination of Price Dynamics in the International Wheat Market, A," Center for Agricultural and Rural Development (CARD) Publications 96-wp171, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:96-wp171
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    References listed on IDEAS

    as
    1. Alex F. McCalla, 1966. "A Duopoly Model of World Wheat Pricing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(3_Part_I), pages 711-727.
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    Cited by:

    1. Mittal, S & Hariharan, VK & Subash, SP, 2018. "Price volatility trends and price transmission for major staples in India," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 31(1).

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