A theoretical model of the wool market that distinguishes between large and small buyers is developed. The model forecasts that "large" buyers with a cost advantage will increase grower prices providing there is competition from a periphery of small, relatively high cost buyers. Econometric estimate
The Monday effect in U.S. cotton prices
β Scribed by Stephen P. Keef; Hui Zhu
- Publisher
- John Wiley and Sons
- Year
- 2009
- Tongue
- English
- Weight
- 199 KB
- Volume
- 25
- Category
- Article
- ISSN
- 0742-4477
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