Market integration for Chilean wheat prices using Vector Error Correction Models (VECM), a cointegration analysis: análisis de cointegración

Historically Chile has been a wheat net importer country. This situation, added to the small size of its economy, causes that the domestic price of this cereal is highly influenced by import prices of substitute wheat. This research analyzed the integration level of the Chilean wheat market with res...

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Auteurs principaux: Valdes,Rodrigo, von Cramon-Taubadel,Stephan, Díaz,José
Langue:English
Publié: Pontificia Universidad Católica de Chile. Facultad de Agronomía e Ingeniería Forestal 2011
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Accès en ligne:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202011000100001
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