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  • 标题:A TIME-SERIES ANALYSIS OF THE U.S. DURUM WHEAT AND PASTA MARKETS
  • 本地全文:下载
  • 作者:Babula, Ronald A. ; Rich, Karl M.
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2001
  • 页码:1-19
  • 出版社:Food Distribution Research Society
  • 摘要:A quarterly, partial-equilibrium vector-autoregression model of the U.S. durum wheat and pasta markets was estimated and simulated under three trade-barrier changes that are of potential relevance for the current round of WTO agricultural negotiations: a rise in the U.S. market-clearing durum wheat quantity from increased imports; a policy- or tariff- reduction-induced decline in U.S. durum wheat price; and a tariff-induced rise in U.S. pasta product prices. In response to each shock, an array of quarterly dynamic response characteristics are examined: response reaction times, direction and pattern of quarterly responses, response durations, response multipliers, and strength of durum/pasta market interrelationships.
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