메뉴 건너뛰기




Volumn 23, Issue 1, 2007, Pages 57-83

Composite price expectations: An empirical analysis for the Spanish horticultural sector

Author keywords

[No Author keywords available]

Indexed keywords


EID: 82655187774     PISSN: 07424477     EISSN: 15206297     Source Type: Journal    
DOI: 10.1002/agr.20113     Document Type: Article
Times cited : (7)

References (58)
  • 1
    • 84879083866 scopus 로고    scopus 로고
    • Sevilla, Spain
    • Andalusian Council for Agriculture and Fisheries. (2002). Junta de Andalucia, Sevilla, Spain.
    • (2002) Junta de Andalucia
  • 2
    • 84963087914 scopus 로고
    • Alternative estimates of fed beef supply response to risk
    • Antonovitz, F., and Green, R., (1990). Alternative estimates of fed beef supply response to risk. American Journal of Agricultural Economics, 72 (2), 475-487.
    • (1990) American Journal of Agricultural Economics , vol.72 , Issue.2 , pp. 475-487
    • Antonovitz, F.1    Green, R.2
  • 3
    • 0001186362 scopus 로고
    • Risk behaviour and rational expectations in the U.S. broiler market
    • Aradhyula, S.V., and Holt, M.T., (1989). Risk behaviour and rational expectations in the U.S. broiler market. American Journal of Agricultural Economics, 71(4), 892-902.
    • (1989) American Journal of Agricultural Economics , vol.71 , Issue.4 , pp. 892-902
    • Aradhyula, S.V.1    Holt, M.T.2
  • 4
    • 85023921580 scopus 로고    scopus 로고
    • An examination of the rational expectations of vegetable growers in the United States
    • Beach, E.D., Fernandez-Cornejo, J., and Uri, N.D., (1996). An examination of the rational expectations of vegetable growers in the United States. Journal of Vegetable Crop Production, 2(1), 26-32.
    • (1996) Journal of Vegetable Crop Production , vol.2 , Issue.1 , pp. 26-32
    • Beach, E.D.1    Fernandez-Cornejo, J.2    Uri, N.D.3
  • 6
    • 85040427352 scopus 로고    scopus 로고
    • Estimación de las elasticidades de demanda de hortalizas en España. Una aclaración del modelo de Rotterdam. Investigación Agraria
    • Céspedes, J., and De Pablo, J., (1996). Estimación de las elasticidades de demanda de hortalizas en España. Una aclaración del modelo de Rotterdam. Investigación Agraria. Economía, 11(1), 192-209.
    • (1996) Economía , vol.11 , Issue.1 , pp. 192-209
    • Céspedes, J.1    De Pablo, J.2
  • 7
    • 85040403712 scopus 로고
    • Rational versus composite expectations in agriculture: The case of U.S. soybean market
    • Chembezi, D.M., (1994). Rational versus composite expectations in agriculture: The case of U.S. soybean market. The Journal of Economics, 20(1), 89-99.
    • (1994) The Journal of Economics , vol.20 , Issue.1 , pp. 89-99
    • Chembezi, D.M.1
  • 8
    • 1842792655 scopus 로고
    • Weak- and strong-form rationality tests of market analysts expectations of USDA hogs and pigs report
    • Colling, P.L., Irwin, S.H., and Zulauf, C.R., (1992). Weak- and strong-form rationality tests of market analysts expectations of USDA hogs and pigs report. Review of Agricultural Economics, 14, 263-270.
    • (1992) Review of Agricultural Economics , vol.14 , pp. 263-270
    • Colling, P.L.1    Irwin, S.H.2    Zulauf, C.R.3
  • 10
    • 0019682536 scopus 로고
    • Several tests for model specification in the presence of alternative hypotheses
    • Davidson, R., and MacKinnon, J., (1981). Several tests for model specification in the presence of alternative hypotheses. Econometrica, 49, 781-793.
    • (1981) Econometrica , vol.49 , pp. 781-793
    • Davidson, R.1    MacKinnon, J.2
  • 11
    • 85036258669 scopus 로고
    • Distribution of the estimators for autoregressive time series with a unit root
    • Dickey, D.A., and Fuller, W.A., (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74, 427-431.
    • (1979) Journal of the American Statistical Association , vol.74 , pp. 427-431
    • Dickey, D.A.1    Fuller, W.A.2
  • 12
    • 0000472488 scopus 로고
    • Likelihood ratio statistic for auto regressive time series with a unit root
    • Dickey, D.A., and Fuller, W.A., (1981). Likelihood ratio statistic for auto regressive time series with a unit root. Econometrica, 49(4), 1057-1072.
    • (1981) Econometrica , vol.49 , Issue.4 , pp. 1057-1072
    • Dickey, D.A.1    Fuller, W.A.2
  • 13
    • 0000480869 scopus 로고
    • Efficient capital markets: A review of theory and empirical work
    • Fama, E.F., (1970). Efficient capital markets: A review of theory and empirical work. Journal of Finance, 25, 383-423.
    • (1970) Journal of Finance , vol.25 , pp. 383-423
    • Fama, E.F.1
  • 16
    • 0001440528 scopus 로고
    • Economically rational expectations: Are innovations in the rate of inflation independent of innovations in measures of monetary and fiscal policy?
    • Feige, E.L., and Pearce, D.K., (1976). Economically rational expectations: Are innovations in the rate of inflation independent of innovations in measures of monetary and fiscal policy? Journal of Political Economics, 84, 499-522.
    • (1976) Journal of Political Economics , vol.84 , pp. 499-522
    • Feige, E.L.1    Pearce, D.K.2
  • 17
    • 85040406233 scopus 로고    scopus 로고
    • Análisis econométrico de la oferta de girasol en España. Investigación Agraria
    • Fernández, J., (1997). Análisis econométrico de la oferta de girasol en España. Investigación Agraria. Economía, 12(1-3), 215-230.
    • (1997) Economía , vol.12 , Issue.1-3 , pp. 215-230
    • Fernández, J.1
  • 18
    • 84959962234 scopus 로고
    • Output price formation under rational expectations by vegetable growers in the United States
    • Fernández-Cornejo, J., Beach, E.D., Uri, N.D., and Goodwin, B.K., (1994). Output price formation under rational expectations by vegetable growers in the United States. Oxford Agrarian Studies, 22(2), 175-189.
    • (1994) Oxford Agrarian Studies , vol.22 , Issue.2 , pp. 175-189
    • Fernández-Cornejo, J.1    Beach, E.D.2    Uri, N.D.3    Goodwin, B.K.4
  • 20
    • 85040433599 scopus 로고    scopus 로고
    • Un análisis de eficiencia en el sector hortícola y su incidencia en la utilización de instrumentos de cobertura
    • Galdeano, E., and Jaén, M., (1996). Un análisis de eficiencia en el sector hortícola y su incidencia en la utilización de instrumentos de cobertura. Investigación Agraria Economía, 11(2), 319-353.
    • (1996) Investigación Agraria Economía , vol.11 , Issue.2 , pp. 319-353
    • Galdeano, E.1    Jaén, M.2
  • 22
    • 0011827888 scopus 로고
    • Testing the rational expectations hypothesis in an agricultural market
    • Goodwin, T.H., and Sheffrin, S.M., (1983). Testing the rational expectations hypothesis in an agricultural market. Review of Economic and Statistics, 64, 658-667.
    • (1983) Review of Economic and Statistics , vol.64 , pp. 658-667
    • Goodwin, T.H.1    Sheffrin, S.M.2
  • 23
    • 84911584380 scopus 로고
    • The non-existence of informational equilibria
    • Green, J., (1977). The non-existence of informational equilibria. Review of Economic Studies, 44, 451-463.
    • (1977) Review of Economic Studies , vol.44 , pp. 451-463
    • Green, J.1
  • 24
    • 0342771052 scopus 로고
    • A multimarket bounded price variation model under rational expectations: Corn and soybeans in the United States
    • Holt, M.T., (1992). A multimarket bounded price variation model under rational expectations: Corn and soybeans in the United States. American Journal of Agricultural Economics, 74, 10-20.
    • (1992) American Journal of Agricultural Economics , vol.74 , pp. 10-20
    • Holt, M.T.1
  • 25
    • 0024830640 scopus 로고
    • Bounded price variation and rational expectations in an endogenous switching model of the U.S. corn market
    • Holt, M.T., and Johnson, S.R., (1989). Bounded price variation and rational expectations in an endogenous switching model of the U.S. corn market. Review of Economics and Statistics, 71, 605-613.
    • (1989) Review of Economics and Statistics , vol.71 , pp. 605-613
    • Holt, M.T.1    Johnson, S.R.2
  • 26
    • 0026957063 scopus 로고
    • Effects of government programs on rice acreage decisions under rational expectations
    • Huang, C.H., (1992). Effects of government programs on rice acreage decisions under rational expectations. American Journal of Agricultural Economics, 74, 310-317.
    • (1992) American Journal of Agricultural Economics , vol.74 , pp. 310-317
    • Huang, C.H.1
  • 27
    • 77953703046 scopus 로고
    • Estimation of an adaptive expectations model
    • Just, R.E., (1977). Estimation of an adaptive expectations model. International Economic Review, 18, 629-644.
    • (1977) International Economic Review , vol.18 , pp. 629-644
    • Just, R.E.1
  • 28
    • 0000430011 scopus 로고
    • Price volatility of storable commodities under rational expectations in spot and futures markets
    • Kawai, M., (1983). Price volatility of storable commodities under rational expectations in spot and futures markets. International Economic Review, 24(2), 435-459.
    • (1983) International Economic Review , vol.24 , Issue.2 , pp. 435-459
    • Kawai, M.1
  • 29
    • 0001354926 scopus 로고
    • Testing the rationality of price forecasts: New evidence from panel data
    • Keane, M.P., and Runkle, D.E., (1990). Testing the rationality of price forecasts: New evidence from panel data. American Economic Review, 80, 714-735.
    • (1990) American Economic Review , vol.80 , pp. 714-735
    • Keane, M.P.1    Runkle, D.E.2
  • 30
    • 70449732225 scopus 로고    scopus 로고
    • Testing for the strong form of rational expectations with heterogeneously informed agents
    • Krause, G.E., (2000). Testing for the strong form of rational expectations with heterogeneously informed agents. Political Analysis, 8(3), 285-305.
    • (2000) Political Analysis , vol.8 , Issue.3 , pp. 285-305
    • Krause, G.E.1
  • 31
    • 84984297965 scopus 로고
    • The use of composite price expectations in supply responses
    • Lopez, R., (1986). The use of composite price expectations in supply responses. Canadian Journal of Agricultural Economics, 34, 454-474.
    • (1986) Canadian Journal of Agricultural Economics , vol.34 , pp. 454-474
    • Lopez, R.1
  • 32
    • 0027942826 scopus 로고
    • Evaluating alternative price expectation models for multiproduct supply analysis
    • McIntosh, C.S., and Shumway, C.R., (1994). Evaluating alternative price expectation models for multiproduct supply analysis. Agricultural Economics, 10(1), 1-11.
    • (1994) Agricultural Economics , vol.10 , Issue.1 , pp. 1-11
    • McIntosh, C.S.1    Shumway, C.R.2
  • 33
    • 0003094521 scopus 로고
    • On testing for rationality: Another look at the Livingston price expectations data
    • Mullineaux, D.J., (1978). On testing for rationality: Another look at the Livingston price expectations data. Journal of Political Economy, 86, 329-336.
    • (1978) Journal of Political Economy , vol.86 , pp. 329-336
    • Mullineaux, D.J.1
  • 34
    • 0001281286 scopus 로고
    • Rational expectations and the theory of price movements
    • Muth, J.F., (1961). Rational expectations and the theory of price movements. Econometrica, 29, 315-335.
    • (1961) Econometrica , vol.29 , pp. 315-335
    • Muth, J.F.1
  • 37
    • 0041519831 scopus 로고
    • An indirect test for the specification of expectation regimes
    • Orazem, P., and Miranowski, J., (1986). An indirect test for the specification of expectation regimes. Review of Economic and Statistics, 68, 603-609.
    • (1986) Review of Economic and Statistics , vol.68 , pp. 603-609
    • Orazem, P.1    Miranowski, J.2
  • 38
    • 0001447776 scopus 로고
    • Econometric issues in the analysis of regressions with generated regressors
    • Pagan, A., (1984). Econometric issues in the analysis of regressions with generated regressors. International Economic Review, 25, 221-247.
    • (1984) International Economic Review , vol.25 , pp. 221-247
    • Pagan, A.1
  • 39
    • 0012872463 scopus 로고    scopus 로고
    • Nonconstant price expectations and acreage response: The case of cotton production in Georgia
    • Parrott, S.D., and McIntosh, C.S., (1996). Nonconstant price expectations and acreage response: The case of cotton production in Georgia. Journal of Agricultural and Applied Economics, 28(1), 203-210.
    • (1996) Journal of Agricultural and Applied Economics , vol.28 , Issue.1 , pp. 203-210
    • Parrott, S.D.1    McIntosh, C.S.2
  • 42
    • 77956888124 scopus 로고
    • Testing for unit roots in time series regression
    • Phillips, P.C.B., and Perron, P., (1988). Testing for unit roots in time series regression. Biometrika, 75, 335-346.
    • (1988) Biometrika , vol.75 , pp. 335-346
    • Phillips, P.C.B.1    Perron, P.2
  • 43
    • 0000349075 scopus 로고
    • Rational expectations and the aggregation of diverse information in laboratory settings
    • Plott, C.R., and Sunder, S., (1988). Rational expectations and the aggregation of diverse information in laboratory settings. Econometrica, 56, 1085-1118.
    • (1988) Econometrica , vol.56 , pp. 1085-1118
    • Plott, C.R.1    Sunder, S.2
  • 45
    • 78751513541 scopus 로고
    • Un análisis empírico sobre la elaboración de expectativas de precios
    • Rivera, L.M., (1986). Un análisis empírico sobre la elaboración de expectativas de precios. Investigaciones Económicas, 10(1), 201-210.
    • (1986) Investigaciones Económicas , vol.10 , Issue.1 , pp. 201-210
    • Rivera, L.M.1
  • 46
    • 85040409150 scopus 로고
    • Expectativas racionales, eficiencia y valoración de activos financieros: Reflexiones críticas
    • Rodríguez, A., and Ayala, J., (1992). Expectativas racionales, eficiencia y valoración de activos financieros: Reflexiones críticas. Revista Europea de Dirección y Economía de Empresa, 1(2), 9-16.
    • (1992) Revista Europea de Dirección y Economía de Empresa , vol.1 , Issue.2 , pp. 9-16
    • Rodríguez, A.1    Ayala, J.2
  • 47
    • 0004280127 scopus 로고    scopus 로고
    • 2nd, Cambridge, United Kingdom, Cambridge University Press
    • Sheffrin, S., (1996). Rational expectations (2nd ed.). Cambridge, United Kingdom: Cambridge University Press.
    • (1996) Rational expectations
    • Sheffrin, S.1
  • 48
    • 0345658320 scopus 로고
    • Alternative forms of price expectations in supply analysis for U.S.: Corn and soybean acreages
    • Shideed, K.H., and White, F.C., (1989). Alternative forms of price expectations in supply analysis for U.S.: Corn and soybean acreages. Western Journal of Agricultural Economics, 14(2), 281-292.
    • (1989) Western Journal of Agricultural Economics , vol.14 , Issue.2 , pp. 281-292
    • Shideed, K.H.1    White, F.C.2
  • 49
    • 0011857714 scopus 로고
    • An empirical comparison of agricultural supply response mechanisms
    • Shonkwiler, J.S., (1982). An empirical comparison of agricultural supply response mechanisms. Applied Economics, 14, 183-194.
    • (1982) Applied Economics , vol.14 , pp. 183-194
    • Shonkwiler, J.S.1
  • 50
    • 0020375806 scopus 로고
    • Imports and the supply of winter tomatoes: An application of rational expectations
    • Shonkwiler, J.S., and Emerson, R.D., (1982). Imports and the supply of winter tomatoes: An application of rational expectations. American Journal of Agricultural Economics, 64, 634-641.
    • (1982) American Journal of Agricultural Economics , vol.64 , pp. 634-641
    • Shonkwiler, J.S.1    Emerson, R.D.2
  • 51
    • 0345226432 scopus 로고
    • A generalized supply response/factor demand model and its application to the feeder cattle market
    • Shonkwiler, J.S., and Hinckley, S., (1985). A generalized supply response/factor demand model and its application to the feeder cattle market. Western Journal of Agricultural Economics, 10, 245-253.
    • (1985) Western Journal of Agricultural Economics , vol.10 , pp. 245-253
    • Shonkwiler, J.S.1    Hinckley, S.2
  • 52
    • 0039406562 scopus 로고
    • Money, deficit, and public debt in the United States
    • Tabellini, G., and La Via, V., (1989). Money, deficit, and public debt in the United States. Review of Economics and Statistics, 71, 15-25.
    • (1989) Review of Economics and Statistics , vol.71 , pp. 15-25
    • Tabellini, G.1    La Via, V.2
  • 53
    • 0011823455 scopus 로고
    • Econometric analysis of expected price formation
    • Tada, M., (1991). Econometric analysis of expected price formation. Agricultural Economics, 5(1), 59-73.
    • (1991) Agricultural Economics , vol.5 , Issue.1 , pp. 59-73
    • Tada, M.1
  • 54
    • 0002074371 scopus 로고
    • Econometric implications of the rational expectations hypothesis
    • Wallis, K.R., (1980). Econometric implications of the rational expectations hypothesis. Econometrica, 48, 49-74.
    • (1980) Econometrica , vol.48 , pp. 49-74
    • Wallis, K.R.1
  • 56
    • 85040423895 scopus 로고    scopus 로고
    • Paper presented at NEC-165 Conference on The American Consumer in the Changing Food System, Washington, DC, May 3-5, 2000
    • Weaver, R.D., and Natcher, W.C., (2000). Competitiveness in vertical market chains: Evidence for beef markets. Paper presented at NEC-165 Conference on The American Consumer in the Changing Food System, Washington, DC, May 3-5, 2000.
    • (2000) Competitiveness in vertical market chains: Evidence for beef markets
    • Weaver, R.D.1    Natcher, W.C.2
  • 57
    • 84936125670 scopus 로고
    • Adjustment costs and rational expectations: An application to a tobacco export model
    • Zanias, G.P., (1987). Adjustment costs and rational expectations: An application to a tobacco export model. American Journal of Agricultural Economics, 69, 22-29.
    • (1987) American Journal of Agricultural Economics , vol.69 , pp. 22-29
    • Zanias, G.P.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.