Show simple item record

dc.contributor.authorGoodwin, Barry K.
dc.contributor.authorSmith, Vincent H.
dc.identifier.citationPolicy Paper 5: Harvest-Time Protein Shocks and Price Adjustment in U.S. Wheat Markets, Barry K. Goodwin and Vincent H. Smith, June 2005en_US
dc.description.abstractDynamic relationships between three classes of wheat are investigated using threshold VAR models incorporating the effects of protein availability. Changes in the stock of protein are found to generate significant impulse responses in the price of hard red spring wheat and hard red winter wheat but not soft red wheat. These impulse responses to identical changes in protein stocks are larger when the absolute deviations of protein stocks from normal levels are large. Shocks to the prices of individual classes of wheat result in complex impulse responses in the prices of the other wheats. Notably, however, a shock to the price of hard red winter weak appears to result in little or no impulse response in the price of hard spring wheat, though, importantly, the opposite is not true.en_US
dc.publisherMSU Extensionen_US
dc.relation.ispartofseriesAgricultural Marketing Policy Center Policy Paper;5
dc.subjectAgricultural economicsen_US
dc.subjectPlant sciencesen_US
dc.titleHarvest-Time Protein Shocks and Price Adjustment in U.S. Wheat Marketsen_US
dc.title.alternativeAgricultural Marketing Policy Center Policy Paper No. 5
mus.identifier.categoryLife Sciences & Earth Sciencesen_US
mus.relation.collegeCollege of Agricultureen_US
mus.relation.collegeCollege of Agriculture
mus.relation.departmentAgricultural Economics & Economics.en_US
mus.relation.universityMontana State University - Bozemanen_US

Files in this item


This item appears in the following Collection(s)

Show simple item record

MSU uses DSpace software, copyright © 2002-2017  Duraspace. For library collections that are not accessible, we are committed to providing reasonable accommodations and timely access to users with disabilities. For assistance, please submit an accessibility request for library material.