Cointegration Tests of Spatial and Variety Price Linkages in Regional Dry Bean Markets

Authors

C. Liang
Dillon M. Feuz, Utah State UniversityFollow
R. G. Taylor

Document Type

Article

Journal/Book Title/Conference

Journal of Agricultural & Applied Economics

Volume

22

Publication Date

1997

First Page

395

Abstract

Two sets of cointegration tests were performed on regional dry bean prices. The results show (1) prices for the same variety were cointegrated across geographically separated production areas, and (2) prices for different varieties grown in the same production area were not cointegrated. Processors respond to the same export demand signals.

Recommended Citation

Liang, C., D.M. Feuz and R.G. Taylor. 1997. "Cointegration Tests of Spatial and Variety Price Linkages in Regional Dry Bean Markets." Abstract. Journal of Agricultural and Resource Economics, Vol. 22, p.395.