Analysis of Commodity Market Integration In the Uganda Maize Market

Carrie Lu Johnson

No 196707, Master's Theses and Plan B Papers from University of Minnesota, Department of Applied Economics

Abstract: This research examines the integration of commodity markets in Uganda. Weekly maize price data collected during 2001-2011in 13 regional markets is used to assess the degree to which these markets are cointegrated, i.e., market prices tend to share a long-term trend. A threshold autoregressive model is used to determine if symmetric or asymmetric threshold behavior is evident. All except one regional market is found to be linearly cointegrated with the central market. Threshold behavior only becomes apparent in the latter portion of time frame under analysis when 6 regional markets show evidence of thresholds (symmetric or asymmetric).

Keywords: Demand and Price Analysis; Production Economics (search for similar items in EconPapers)
Pages: 51
Date: 2014-02
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/196707/files/C_Johnson_Feb%202014.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:umapmt:196707

DOI: 10.22004/ag.econ.196707

Access Statistics for this paper

More papers in Master's Theses and Plan B Papers from University of Minnesota, Department of Applied Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().