文章基本信息

标题：Price Relationships in the U.S. Tree Nut Market
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作者：Ibrahim, Mohammed ; Florkowski, Wojciech J.
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2007
期号：SUPPL
出版社：Food Distribution Research Society
摘要：Although most U.S. tree nuts have very specific and different uses, some substitutability does occur, complicating the price analysis in the tree nut market. We examine the relationships among U.S. tree nut prices using the Johansens cointegration procedure. We found long run equilibrium among some nut prices, namely, pecans, walnuts, and almonds. These findings are consistent with recent suggestions that cointegration exist among substitutes.
关键词：substitutability;cointegration;tree nuts;long-run;equilibrium