Incorporating Price Regulation in Causality Tests for Dairy Markets

Paula A. Emerick, Lois Schertz Willett and Andrew M. Novakovic

No 121338, Staff Papers from Cornell University, Department of Applied Economics and Management

Abstract: Price relationships across market levels have hecome an issue of concern in dairy markets as lower support levels have led to increased price volatility. This study analyzes price causality in the presence of price regulation. Specific causal relationships are estimated and are not generally affected hy regulated prices.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 18
Date: 1993-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cudasp:121338

DOI: 10.22004/ag.econ.121338

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