Development of German Beef Prices During the BSE Crisis: Some Empirical and Theoretical Results
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https://osnadocs.ub.uni-osnabrueck.de/handle/urn:nbn:de:gbv:700-201108058227
Title: | Development of German Beef Prices During the BSE Crisis: Some Empirical and Theoretical Results |
Authors: | Jaenicke, Johannes Reiter, Iris |
Abstract: | This paper analyzes the market failure on the beef market caused by information about a severe BSE risk, and shows the recovery of the market due to the introduction of the BSE test. In the empirical part we use break robust cointegration tests to find that producer and consumer prices of beef in Germany are cointegrated with a joint co-break in the BSE crisis. |
Citations: | Advances in macroeconometric modeling, Papers and proceedings of the 4th IWH workshop in macroeconometrics, C. Dreger and H. P. Galler (eds.), Nomos, Baden-Baden 2005, S. 215-232 |
URL: | https://osnadocs.ub.uni-osnabrueck.de/handle/urn:nbn:de:gbv:700-201108058227 |
ISBN: | 978-3-8329-1272-7 |
Subject Keywords: | BSE; market failure; price transmission; cointegration; structural break |
Issue Date: | 5-Aug-2011 |
License name: | Namensnennung-NichtKommerziell-KeineBearbeitung 3.0 Unported |
License url: | http://creativecommons.org/licenses/by-nc-nd/3.0/ |
Type of publication: | Konferenzveröffentlichung [conferenceObject] |
Appears in Collections: | FB09 - Hochschulschriften |
Files in This Item:
File | Description | Size | Format | |
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Jaenicke_Reiter_BSE_Crisis_MacroWorkshop_IWH_2004.pdf | 125,66 kB | Adobe PDF | Jaenicke_Reiter_BSE_Crisis_MacroWorkshop_IWH_2004.pdf View/Open |
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