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The purpose of the study is to investigate whether the price transmission between the retail and wholesale maize prices is asymmetric in Ghana. Houck's static model and the von Cramon-Taubadel and Loy Error Correction Model (ECM) were applied to test for asymmetry. The results indicate that different models may lead to different conclusions in asymmetric price transmission modeling.
Originalbeschreibung:
Originaltitel
A Comparison of the Different Approaches to Detecting Asymmetry in Retail-whoesale Price Transmission
The purpose of the study is to investigate whether the price transmission between the retail and wholesale maize prices is asymmetric in Ghana. Houck's static model and the von Cramon-Taubadel and Loy Error Correction Model (ECM) were applied to test for asymmetry. The results indicate that different models may lead to different conclusions in asymmetric price transmission modeling.
Copyright:
Attribution Non-Commercial (BY-NC)
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Als PDF herunterladen oder online auf Scribd lesen
The purpose of the study is to investigate whether the price transmission between the retail and wholesale maize prices is asymmetric in Ghana. Houck's static model and the von Cramon-Taubadel and Loy Error Correction Model (ECM) were applied to test for asymmetry. The results indicate that different models may lead to different conclusions in asymmetric price transmission modeling.
Copyright:
Attribution Non-Commercial (BY-NC)
Verfügbare Formate
Als PDF herunterladen oder online auf Scribd lesen