Add to ORKGPrice dynamics for North American oriented strand board (OSB) markets are examined. The role of transactions costs are explored vis-a-vis the law of one price. Weekly data, February 3rd, 1995 through October 9th, 2009, are used in the analysis. Nonlinearities induced by unobservable transactions costs are modeled by estimating Time-Varying Smooth Transition Autoregressions (TV-STARs). Results indicate that nonlinearity and structural change are important features of these markets; price parity relationships implied by economic theory are generally supported by the estimated models. Implications for the efficiency of spatial market linkages and the dynamics associated with price adjustments are also examined
Markets have an important role to play in advancing an improved understanding of international tradi...
In this paper we test empirically the validity of the law of one price using data for five major bil...
The U.S. broiler industry is highly vertically integrated and increasingly concentrated in the numbe...
Price dynamics for North American oriented strand board (OSB) markets are examined. The role of tran...
Market price dynamics for North American oriented strand board markets are examined. Specifically, t...
Market price dynamics for North American oriented strand board markets are examined. Specifically, t...
Replaced with revised version of paper 06/28/11.Spatial Market Linkages, Copula Models, State-depend...
An extensive empirical literature addressing the behavior of prices over time and across spatially d...
We test the economic theory that price differences in spatially separated markets will be equalized ...
We assess exchange rate pass–through (ERPT) for U.S. and Canadian prices for oriented strand board (...
An important characteristic of agricultural commodity markets is the extent to which those markets r...
In North Carolina, where soybeans and corn are the two primary crops, the recent increase in the dem...
A method was developed with time series models to test hypotheses about the relationship between mar...
Using self-exciting threshold autoregressive models, we explore the validity of the law of one price...
In this study, we develop a new approach to investigate spatial market integration. In particular, i...
Markets have an important role to play in advancing an improved understanding of international tradi...
In this paper we test empirically the validity of the law of one price using data for five major bil...
The U.S. broiler industry is highly vertically integrated and increasingly concentrated in the numbe...
Price dynamics for North American oriented strand board (OSB) markets are examined. The role of tran...
Market price dynamics for North American oriented strand board markets are examined. Specifically, t...
Market price dynamics for North American oriented strand board markets are examined. Specifically, t...
Replaced with revised version of paper 06/28/11.Spatial Market Linkages, Copula Models, State-depend...
An extensive empirical literature addressing the behavior of prices over time and across spatially d...
We test the economic theory that price differences in spatially separated markets will be equalized ...
We assess exchange rate pass–through (ERPT) for U.S. and Canadian prices for oriented strand board (...
An important characteristic of agricultural commodity markets is the extent to which those markets r...
In North Carolina, where soybeans and corn are the two primary crops, the recent increase in the dem...
A method was developed with time series models to test hypotheses about the relationship between mar...
Using self-exciting threshold autoregressive models, we explore the validity of the law of one price...
In this study, we develop a new approach to investigate spatial market integration. In particular, i...
Markets have an important role to play in advancing an improved understanding of international tradi...
In this paper we test empirically the validity of the law of one price using data for five major bil...
The U.S. broiler industry is highly vertically integrated and increasingly concentrated in the numbe...